Helium HNT

Helium HNT is a cryptocurrency earned when Hotspots provide and validate wireless coverage and transfer device data over the network.The distribution of HNT changes over time to align incentives with the needs of the network. In the early days, a higher proportion of HNT is allocated to Hotspot owners for building and securing coverage. As the network grows, Hotspots earn more for transferring device data on the network while Helium Inc. and investors earn less. After 20 years, distributions no longer adjust and remain fixed.
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Network Data Transfer 30%

Rewarded for hearing devices and relaying their packets to the internet

Hotspot Infrastructure 35%

Rewarded for participating in , witnessing and creating Proof-of-Coverage challenges

Helium,Inc. and Investors 35%

Assigned to founders, investors and organizations who will manage blockchain governance

SenseCAP Hotspot

By deploying SenseCAP hotspots in your home or office, hotspots provide miles of wireless network coverage for millions of devices around you using Helium LongFi and earn Helium HNT.

New Token.Same HNT

New network tokens can be designed to optimize growth for different phases of each network.

For the IoT network, Hotspots would start earning a new token called IOT. New tokens are backed by HNT and can always be converted to HNT. All network usage requires HNT for Data Credits. More demand on the network reduces the overall supply of HNT.

All network usage requires HNT for Data Credits. More demand on the network reduces the overall supply of HNT.

 

To unlock the full potential of the Helium Network the same incentive model for new network protocols such as 5G, Wi-Fi, and VPN can be used.

The more networks using Helium, the more network traffic and Data Credits used. This increases the overall value of the Helium Network.

IOT

HNT

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