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Overview
Helium Mobile is a decentralized wireless carrier built on blockchain technology. Instead of relying only on traditional cell towers, it uses the Helium Network, where individuals can run Wi-Fi hotspots and earn crypto (HNT tokens) for providing coverage.
Helium Mobile is going after the U.S. wireless market, which is worth over $300 billion annually. About 97% of Americans already own a cellphone, so the opportunity is in offering lower-cost plans and expanding coverage with community-powered infrastructure. They are also targeting the global telecom market, which is over $1.7 trillion, with mobile data demand growing rapidly. Their niche is disrupting how networks are built and paid for, shifting value from carriers to users and hotspot operators.