Helium (HNT) Explained: Everything You Need To Know Before Investing by Founder Amir Haleem

Helium (HNT) is a blockchain-powered decentralized network designed for IoT (Internet of Things) devices. It allows low-power devices to communicate with each other and send data via a network of nodes called Hotspots. Key Features: 1. Decentralized Wireless Network: Provides a global, low-cost wireless infrastructure. 2. Proof-of-Coverage (PoC): Unique consensus mechanism rewarding users for validating coverage. 3. Hotspots: Users deploy physical devices (Hotspots) to create network coverage and earn HNT tokens. 4. Use Cases: Ideal for IoT devices like smart sensors, GPS trackers, and smart agriculture systems. Token Details: HNT Token: Utility token used for transactions, staking, and rewarding Hotspot operators. Data Credits: Non-tradable tokens used to pay for network services, created by burning HNT. Advantages: Cost-effective IoT connectivity. Scalable infrastructure without centralized control. Rewards users for contributing to the network. Challenges: Dependence on IoT adoption. Competition from other IoT solutions. Market Stats (as of recent trends): Market Cap: Over $200 million (varies). Supply: Max supply of 223 million HNT. Availability: Listed on major exchanges like Binance, Coinbase. Helium is a pioneer in combining blockchain with IoT, making it an innovative solution for decentralized connectivity. Credit: ‎‎‎@AnthonyPompliano   Full Podcast: https://www.youtube.com/live/kE_Hz3w88-8?si=TCg1LaU8xy1ocLoP We repurpose podcast clips to add value and share meaningful insights with audience. If you own the content and have any concerns or issues regarding the use of your video clips, please feel free to contact us for content removal request at teamsavansojitra@gmail.com We are committed to addressing your concerns promptly and respectfully.