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IOT Price
$0.00088
-8.18%
Market Cap
$21.12M
24H Volume
$123.73K
Circ Supply
23.95B

IOT Market Stats

  • Price $0.00088
  • 1H Change -0.73%
  • 24H Change -8.18%
  • 7 Day Change -10.02%

Helium IOT Info

The Helium Network is a decentralized, blockchain-based wireless infrastructure project that enables individuals and organizations to deploy and manage wireless networks through token incentivization. It is built on the Solana Blockchain, with HNT as the primary token, alongside IOT and MOBILE tokens for LoRaWAN and 5G networks.

Unique Project Features

  • Decentralized Infrastructure: The Helium Network fosters a distributed wireless network by incentivizing participants to contribute resources and share benefits.
  • Scalable and Secure: Leveraging the Solana Blockchain ensures high scalability, low latency, and robust security.
  • Multi-Use Case Support: Supporting IoT devices via LoRaWAN and high-speed mobile connectivity through 5G networks, the Helium Network caters to various use cases.
  • Incentivized Participation: A token-based system rewards participants, driving network growth.
  • Proof-of-Coverage (PoC): The unique consensus algorithm in LoRaWAN and 5G subnetworks rewards participants for verifying wireless network coverage.

Growth and Innovation

The Helium Network is rapidly expanding globally, attracting new users, developers, and organizations. It aims to revolutionize wireless communication, democratize connectivity access, and enable innovative applications and services.

IOT Token Usage

The IOT token serves as the Governance token for LoRaWAN IOT Subnetworks, mined by IOT Hotspots through data transfer proceeds and Proof of Coverage. It plays a crucial role in governing and incentivizing participation within the network’s IoT ecosystem.

Helium IOT Technical Info

All images, branding and wording is copyright of Helium IOT. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.