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Helium HNT |
BUY
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£0.8476634 |
-4.14% (24h) |
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Marketcap |
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£157,937,853 |
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Volume 24h |
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£2,204,032 |
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Description
Helium (HNT) is the native token of the Helium Network, a decentralized global network for Internet of Things (IoT) devices that is powered by its community. Users can host "Hotspots" in their homes or businesses, providing long-range wireless coverage for low-power devices while earning HNT tokens in return. This model, known as "The People's Network," allows for the rapid and low-cost deployment of telecommunications infrastructure without a central company. Helium has expanded its vision to include 5G connectivity, aiming to disrupt the traditional telecommunications industry through a decentralized, community-owned approach.