Helium has set an ambitious goal: to build a reliable, ubiquitous, global wireless network that’s owned and operated by its users. Helium Inc. – the company developing the Helium network – have nicknamed it ‘the People’s Network.’ The nick-name comes from the Helium networks design which combines crypto-economic incentives and a marketplace for connecting Internet-of-Things (IoT) devices with affordable bandwidth.
Helium essentially seeks to become ‘the Airbnb of telcos (telecommunications companies)’, enabling anyone to contribute to providing permissionless, low-bandwidth connectivity for IoT devices (i.e., smart watches, electric scooters, medical sensors, etc.). The Helium network is operational today offering real-world solutions for end-users and businesses that Helium claims is up to 100x cheaper than legacy telecommunications networks like AT&T and Verizon.
Upgrade to Messari Pro to read this report
Pro SubscriptionUpgrade to Pro
Professional-grade Research Reports covering the latest trends and assets in the crypto space
Fundraising Screener to track trends across 14,000+ crypto funding rounds, 500+ M&A Deals, and 10,000+ investors
Unlocked Enterprise Research Reports 90 days after they are published
Full access to advanced asset screening with custom filters, queries, and metrics
Real-time Governance Tracker covering proposals from their initial stages through votes and implementation
Advanced AI Digests with all of the features in Lite plus Key Developments for major protocol changes
Already a member? Sign In
