Logo Logo

Gather all the information you need at one page

Be the first one to read official updates, save news, track your portfolio

Helium (HNT)

$12.400 -4.21%
Rank

#103

Market Cap

$983,016,717.00

Volume

$25,216,312.00

24h High / 24h Low

$13.780 / $12.440

24h 7D 1M 1Y MAX
Mining Rate: 35.42%
Circulating Supply: 78,995,268.34
Total Supply: 223,000,000.00

What is Helium (HNT)

Helium (HNT) defines itself as a decentralized wireless network which is designed to enable devices anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for satellite location hardware with high power consumption or cellular plans with high prices. Helium is powered by the blockchain technology and its native crypto currency HNT for incentivizing a two sided marketplace between coverage providers and consumers.

Thanks to Helium, the project documents state, millions of Internet of Things (IoT) devices can be connected to each other while the Helium’s Hotspot devices will give users HNT tokens. Thanks to Helium’s Hotspots, any compatible IoT device such as smart pet collars and bike trackers can connect without the existence of Wi-Fi or cellular and send data to the Internet. On Helium’s website, Hotspot devices are being sold for around €450. By owning this devices, users can earn HNT tokens by providing wireless coverage for low power, IoT devices.

Read more