Review on Helium by Toprak Dere
About Helium
The Helium project's focus on the internet of things, ie IoT, is a factor that increases its popularity. Along with the advantages provided by the platform, interest in HNT tokens also seems to increase.
The HNT coin is the Helium Coin platform's own token. Helium Blockchain creates a unique incentive model that rewards everyone who creates wireless coverage in HNT, a new cryptocurrency. Hundreds of compatible Hotspots can be used to create a wireless network and connect to billions of Internet of Things (IoT) devices around the world.
The project is expected to attract the main attention from device owners and those interested in the IoT field, and financial incentives will be made that provide more access opportunities.
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Pros
- Helium's goal is to prepare IoT communication for the future by identifying the deficiencies in the current infrastructure.
- Anyone can earn HNT simply by setting up The People's Network and participating in Proof-of-Coverage, a new proof-of-work model. HNT can also be earned by transferring IoT device data
Cons
- not listed in most exchanges
- the project should promote itself better and be developed
