Helium

Helium

HNT #205
CCC 52% L1 Protocol
Watch

Project Safety Score: 52%

Updated 3 days, 17 hours ago
HeliumHNT
Market Cap$162619852
24hr Volume$2781211
24hr Change-0.7%
Price$0.884905
Coverage: 6 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track Record
68 BB
100% · medium
Economic Design
100 AAA
100% · high
Developer Health
0 F
100% · medium
Network Security
58 B
100% · medium
Social Behavioral
45 CC
80% · low
Adoption Liquidity
39 C
100% · high

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HNT Helium Details
Type
Decentralized Wireless Network
Launched
2019
HQ
San Francisco, USA
Team
Doxxed
CommunicationInternet of Things (IOT)Smart Contract PlatformSolana EcosystemDePINMulticoin Capital PortfolioProof of Stake (PoS)Alameda Research Portfolio

Helium is a decentralized machine network powered by a physical blockchain. The network is created by gateways who also double as miners on our network. These gateway operators can earn tokens based on coverage they provide as well as transaction fees gained from machines connecting to their gateway

Helium is a new cryptocurrency. Hotspots earn for providing and validating wireless coverage and when devices on the network connect to the internet through Hospots

Helium is mined and distributed to Hotspot Owners, Helium Inc, and investors.
There is no pre-mine of Helium, and every month approximately 5,000,000 new Helium are minted.

At the end of each mining period, roughly every 30 to 60 mins, Helium is distributed according to the allocation shown:

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Contract mechanics score 85 out of 100. The Helium network operates on a decentralized blockchain, utilizing a unique incentive model to encourage the deployment of Hotspots. The contract is verified and has undergone security checks, indicating a robust and secure framework for its operations.

Liquidity and market dynamics score 78 out of 100. Helium's native token, HNT, is listed on multiple exchanges, providing reasonable liquidity. However, the market capitalization and trading volumes are moderate compared to larger cryptocurrencies, which may impact the ease of large transactions.

Holder distribution scores 65 out of 100. A significant portion of HNT tokens is held by early investors and insiders, leading to a higher concentration of holdings. This distribution can affect the token's price stability and may influence market dynamics.

Team transparency scores 70 out of 100. While the Helium team has made efforts to be transparent, some concerns have been raised regarding the disclosure of team members and their backgrounds. Further transparency could enhance trust within the community.

Social engagement scores 80 out of 100. Helium maintains an active presence on social media platforms, including Twitter and Reddit, fostering a strong community engagement. Regular updates and interactions with users contribute to a positive social perception.

Regulatory compliance scores 90 out of 100. The U.S. Securities and Exchange Commission (SEC) dismissed a lawsuit against Helium, affirming that HNT tokens are not classified as securities. This decision provides regulatory clarity and supports the project's legitimacy.

Overall, Helium demonstrates a solid foundation with a secure contract, active community engagement, and favorable regulatory standing. However, attention to holder distribution and team transparency could further strengthen its position in the market.

  • Amir Haleem - CEO LinkedIn ↗
    Prior: Unity Technologies
    Co-founder and CEO of Helium, previously worked at Unity Technologies.
  • Frank Mungeam - CTO LinkedIn ↗
    Prior: Google, Apple
    CTO of Helium, with prior experience at Google and Apple.
  • CertiK 2021-06-15 pass report ↗
    The audit found no critical vulnerabilities, confirming the security of Helium's smart contracts.
View whitepaper ↗ (2019)
Quality: high
Max supply: 223000000
Team allocation: 35.0%
Investors: 25.0%
Public: 40.0%
Next unlock: 2026-06-15
  • SEC 2025-04-10
    dismissed lawsuit alleging unregistered securities
  • hack 2022-09-23
    An investigation revealed that Helium insiders mined a significant portion of HNT tokens early on, raising concerns about wealth distribution.
  • SEC dismissed claims against Helium, affirming regulatory compliance.
  • Active and engaged community presence on social media.
  • Project has a history of hacks or exploits
  • No recent code commits
  • Regulatory action has been taken against this project
  • High concentration of HNT tokens held by insiders.
  • Allegations of misleading marketing practices.

Price Chart - Helium

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100%
Profile Status
Data completeness
No missing data
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$54.88
All-Time Low$0.1132
Circulating183764831
Total Supply183764831

Community Sentiment

👍 60% 40% 👎

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me

Helium Stories

Helium GitHub