Helium Profile (HNT)

Rating: Good

Adventurous Micro Cap

Project Safety Score

Fri, Mar 29, 2024 12:00 AM

	Market Cap	$204,444,396.83
	Market Dominance	0.0172
	24hr Volume	$2,292,962.06
	Price	$1.42

70%

Score

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Project Details
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Project Statement
Full Report
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Name

Helium

Type

token

Platform

Solana

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:

4.5/5

(4 reviews)

Ratings and reviews left by our members do not impact the profile score.

OkayDee 2 years ago

i really hope that they find a solution against the spoofers. the project is very nice and can be the next big thing

0 0

Wise Wolf 2 years ago

The idea behind Helium (HNT) is good and the project is good but the reward system penalizes its growth and it will get worse over time because there is a limited pool of rewards in HNT tokens that is distributed to the miners each day so the more miners come online as people buy the devices the lower the rewards will be which also cuts down on the amount of people who will want to keep growing the network if there is no profit in it. The mining devices which grow the network have a 6+ month wait from some of the more popular manufacturers and their whitepaper says that they will cut rewards in half once a year which doesnt make its future look too appealing to the people growing their network and spending money on equipment.

0 0

foryou21 2 years ago

I only think, Helium is so good.

2 0

giorgi 3 years ago

No.

0 1

Showing records 1 - 4 of 4 ratings

94%

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4.5/5

(4 reviews)

Market Cap Rank:

Voted:

good

Bulls v Bears:

Bullish

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