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About

Helium (HNT) is an innovative cryptocurrency that powers the Helium Network, a decentralised wireless network designed to enable efficient and low-cost connectivity for Internet of Things (IoT) devices. Launched in 2019 by Amir Haleem, Shawn Fanning, and Sean Carey, Helium utilises a unique consensus mechanism called Proof-of-Coverage, incentivising users to deploy and maintain physical Hotspots. These Hotspots form a global, decentralised network that provides wireless connectivity for IoT devices, facilitating a wide range of applications. Helium's blockchain transparently tracks data transactions and rewards the community with HNT tokens, aligning incentives to grow and maintain network coverage. By enabling cost-effective and widespread IoT device communication, Helium is reshaping the way low-power devices connect to the internet, offering a secure, scalable, and energy-efficient alternative to traditional cellular or WiFi networks.