Hotspots offer wireless coverage and validators process transactions. Hotspots & validators receive inflationary rewards.

Helium is a distributed ledger for value transfer & wireless coverage (a blockchain). Helium was founded by Shawn Fanning, Amir Haleem & Sean Carey and launched in 2019.

HNT holders own and govern the protocol. They currently take all of the total data transfer and transaction fees paid by users (revenue). Helium’s investors include a16z, Multicoin Capital, Alameda Research, etc.

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Blockchains (L1)

Helium

1inch

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Abracadabra.money

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Alchemix Finance

Algorand

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ApeSwap

Aptos

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Competitive landscape

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Helium - Competitive landscape

Daily fully diluted market cap for Helium in the past 180 days.