What is Helium?
Helium is blockchain powered people’s network built for decentralized wireless infrastructure. it enables instant wireless connection to the internet and other geolocate hub with devices without need of any hardware or expensive cellular data plans. The platform aims to empower people network and currently more than 8600 hotspots installed in 1800+ cities. In this Helium simply wanted to create faster growing wireless network for user with instant connectivity feature.
Helium followed by three main principle that include Build, use and Earn. In which Helium Blockchain has created unique incentive model where user will get rewarded for building wireless network coverage in cryptocurrency. so, considering billion worth IoT i.e. Internet of Things market, helium support building of compatible device for building network and connectivity around your city and others.
Helium Blockchain fuel by native token HNT. The main token will be uses in marketplace, where coverage provider will get rewarded and consumer need to pay using HNT. Platform also paid rewards to the miner where to provides network coverage and deliver device data to the internet. Helium has introduced new novel proof of Work model know as Proof of Coverage, where user can participate in that.
Helium Price Prediction
|Month & Year||HNT Price Prediction|
|All-time high||$2.10 USD|
|Exchange Platform||Binance.US, Bilaxy, Hoo, Hotbit.|
HNT ICO Overview
|Raised by||$38,800,000 USD|
|Date of ICO||NA|
|Partners||Khosla Ventures, HSB, GV, USV, SVAngel, Hartford Steam Boiler, Multicoin Capital, Munich RE, Firstmark,|
Helium Price Analysis
As per report of icodrops Helium in ICO sale received $38.8 million USD market cap volume as there was no details disclosed. Helium was listed in 9th June 2020 with average price $0.25 USD and after 2 months it surged with noticeable price change. HNT hit $2.10 all-time highest on 17th August 2020 with 733%. However, platform along with HNT Token uses data credit that used by network and transfer data. however, IoT devices need to use Data credits but to create Data credit network has to burn HNT. Everyone month there is one burning event occur to order to achieve fixed value.
How much HNT Worth in 2030?
Probably crossing $12 USD mark.
Is Helium a good Investment?
Yes, IoT is future technology and Helium with blockchain integration can bring more innovation in it.
IoT i.e. smart decentralized network that include every small and big sensor, different organization and developer already launched IoT application. the People network of Helium already joined or integrated with top tech giant and firm for accessing data at lower cost. Helium vision is simple where everyone will get benefit from being provider or consumer around the globe. now, Helium mainstream solution for million of user and devices connected easily to the internet without relying on any third-party device. It will help IoT technology where user can depend on people network of open access gateway.