Helium Mobile has made waves as the first crypto carrier to launch in the United States, ushering in a new era of blockchain-powered connectivity. The company leverages the rapidly expanding Helium Network which allows low-powered hotspots to provide wireless coverage by mining and earning Helium crypto tokens.
This groundbreaking new $20 a month mobile plan taps into the innovation behind the Helium Network while combining it with access to nationwide 5G coverage through a partnership with a prominent mobile carrier. By merging these networks, Helium Mobile is able to provide subscribers unlimited high-speed data, calls, and texts for an industry-leading price point.
Powering this new plan is Helium's proprietary peer-to-peer blockchain network Solana, valued for its speed and low costs. This allows the company to eliminate middlemen and keep rates affordable. And by issuing each subscriber an eSIM profile tied to their Solana wallet, recharging data is as easy as adding more SOL coins.
Backed by prominent VC firms, Helium Mobile's wallet-based service also lets users earn HELIUM tokens by sharing unused data with the network. This groundbreaking model incentivizes growing community coverage while keeping profits with users rather than giant corporations.
With Cellular IoT on the rise along with demands for low cost connectivity, all eyes are on this scrappy crypto carrier upending the wireless industry as we know it. Their new unlimited 5G plan may be just the beginning of blockchain networks transforming connectivity at scale.
Guest: Frank Mong, COO at Helium
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