The ultimate goal of any crypto project is to achieve widespread adoption by providing a use case that offers real value that can be applied in any home worldwide.
Thanks to a user-controlled wireless network, Helium, a project focused on 5G Internet-of-Things (IOT), has made a significant step forward towards greater adoption when it comes to disclosing one’s relationship with others October 26th.
follow notification On Twitter, the partnership offers Dish Network subscribers the opportunity to operate helium nodes and earn rewards for HNT, the network’s native token, for sharing their 5G wireless service with people in the area.
It is the first major carrier to integrate the Helium 5G network into its ecosystem and is an important sign of the validation of the project and its technology.
Helium COO Frank Mong explained the partnership and what it means for the future of the Helium network.
“Dish understands the potential of blockchain in the wireless industry, and as the first major service provider to join the network, this partnership truly confirms that the HNT Incentive is a powerful tool for large-scale infrastructure deployment. Together with Dish and FreedomFi, Helium 5G will have a much greater range, with customers benefiting from the flywheel (customer-oriented business growth) of the offering network and the applications it enables. “
Helium network is growing exponentially
Dish Network is the latest partner in a busy year of growth for the Helium Network, which now has more than 256,000 individual nodes around the world operated by 93,561 users.
Helium network hotspot statistics | Source: helium
Helium’s partnership with Dish Network was made possible through a community vote in April that approved the addition of a second 5G network to the protocol through a partnership with FreedomFi. In this way, Helium can support devices such as smartphones, tablets and laptops.
Helium is also receiving increasing support from many hardware manufacturers starting to create hotspots compatible with the Helium network and is expected to expand the reach of the network.
Data from TradingView shows that the price of HNT is currently up 45% since hitting $ 16.45 on September 29, to a daily high of $ 25.25, when trading volume rose 162.75% in its 24 hours $ 35 million soared.