API ID:
helium
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Coin Overview
HNT
Coin
223 Million
Wireless coverage
July 2019
Helium
Helium (HNT) is the coin that powers the Helium Network, a blockchain project that builds decentralized wireless coverage. Instead of relying on big telecom companies, users set up Hotspots that provide internet for Internet of Things (IoT) devices like sensors and trackers. Hotspot operators earn HNT for contributing coverage, creating a community-powered alternative to traditional networks.
A Deeper Dive
Technology & Use Case
Helium uses blockchain to reward people for running wireless Hotspots, which act like mini cell towers. Originally focused on IoT devices (like smart sensors), the network has expanded to include 5G coverage. HNT is earned by providing network coverage, validating transactions, and transferring data, making Helium a decentralized telecom alternative.
Origins & Team
Helium was founded in 2013 by Amir Haleem, Shawn Fanning (creator of Napster), and Sean Carey. The blockchain went live in 2019 to power its “People’s Network.” In 2022–23, Helium migrated to Solana for greater scalability, while still maintaining its unique focus on wireless infrastructure.
Ecosystem & Partnerships
Helium has partnered with major firms like DISH Network and T-Mobile to expand 5G coverage. Its ecosystem includes IoT device makers, telecom partners, and developers building apps that use decentralized connectivity. Community-run Hotspots number in the hundreds of thousands, showing how grassroots infrastructure can challenge centralized telecom models.
A Deeper Dive
Popular Exchanges
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