Helium (HLM) ICO

Helium (HLM)
Verified ICO

The Helium decentralized machine network simplifies connecting anything to the internet through a new combination of physical blockchain, wireless network, and open-source software.

9 Weeks, 5 Day(s) Left
2018-10-15 - 2018-11-30
  Whitepaper |   Visit Site

Team: NYR
Feasability: NYR

About Helium:

The Internet of Things is an $800 billion industry, with over 8.4 billion connected devices online, and spending predicted to reach nearly $1.4 trillion by 2021. Most of these devices need to connect to the Internet to function. However, current solutions such as cellular, WiFi, and Bluetooth are suboptimal: they are too expensive, too power hungry, or too limited in range.Helium is a decentralized machine network that enables machines anywhere in the world to wirelessly connect to the Internet and geolocate themselves without the need for power-hungry satellite location hardware or expensive cellular plans.

Powering the network is a blockchain with a native protocol token incentivizing a two-sided marketplace between cover- age providers and coverage consumers. With the introduction of a blockchain, Helium injects decentralization into an industry currently controlled by monopolies. The result is that wireless network coverage becomes a commodity, fueled by competition, available anywhere in the world, at a fraction of current costs.

Helium’s secure and open-source primitives enable developers to build low-power, Internet-connected machines quickly and cost-effectively. Helium has a wide variety of applications across industries and is the first decentralized machine network of its kind.

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