On December 6, #HNT Helium Mobile officially stated that it has launched a $20 monthly unlimited phone plan in the United States, covering data, text messages and calling services. Helium Mobile’s services combine the Helium Network, a decentralized wireless communications network, with a nationwide 5G network.

The #HNT token has been pulled away, and the other two tokens related to HNT, #IOT #MOBILE , have also been pulled away due to the news, but the market value is not high.

Binance is likely to re-list the HNT token (the key point is that this is a ten-year project, it was previously listed on Binance but was delisted due to the $SOL network)

As a decentralized wireless hotspot network, Helium can be called the OG of the DePIN sector. Its history can be traced back to 2013, and it has been running as L1 before.

On April 20, 2023, Helium announced the completion of the migration to the Solana network (HIP 70). Developers expressed their preference for the Solana network because Solana has a huge ecosystem that integrates a large number of developers, applications and teams, and is relatively It is cheaper and faster than other chains.

Helium Network Token (“HNT”) is the native cryptocurrency of the Helium network with no premine and a maximum supply of 223 million. The only way to pay for data transfers in the Helium network is to pay for data transfers by burning Data Points (DC) obtained by burning HNT. Data Credits have a fixed price in USD (1 Data Credit = 0.00001 USD), are non-transferable and may only be used by their original owner.

Previously, deploying hotspot networks would receive HNT rewards, but after HIP-52, the native token HNT will no longer be mined by LoRaWAN or 5G hotspots, and will be replaced by IOT and MOBILE. IOT is the protocol token of the Helium IoT network, and MOBILE It is the protocol token of the Helium Mobile network.

The multi-token model allows each wireless network to be governed separately to facilitate the DAO to make better decisions. Each sub-network can manage its own Proof-of-Coverage rules, data pricing and hotspot mining reward distribution mechanisms.

After deploying or covering the network to obtain network tokens such as IOT and MOBILE, their network tokens can be exchanged for HNT. This architecture provides a value floor for network tokens.

Currently, Helium has a market value of approximately US$800 million and is the largest DePIN project in the Solana ecosystem.