Helium IoT Network logo

Helium IoT Network

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum luctus felis in nisi tincidunt, vitae facilisis enim tempor.
Category: Internet of Things (IoT)

Description

A decentralized LoRaWAN network enabling long-range connectivity for IoT devices through community-operated hotspots. Operating on Solana, the network uses a burn-and-mint token model where hotspot operators earn HNT for providing coverage and validating network activity, while users pay for data transfer with Data Credits. The system ensures sustainable network growth through economic incentives and proof-of-coverage validation.