Helium ($HNT) token will be listed on Bitkub Exchange with HNT/THE pair on 3 December 2024, At 02:00 PM (UTC).
The Helium Network, often referred to as "The People's Network," is a decentralized blockchain-based wireless infrastructure designed to connect IoT (Internet of Things) devices and facilitate mobile connectivity. It leverages blockchain technology to incentivize participants with token rewards for contributing to network expansion and maintenance.The network operates on the Solana blockchain, chosen for its high scalability, low transaction costs, and robust performance. Helium uses two specialized subnetworks: LoRaWAN for low-power IoT devices and a 5G network for high-speed mobile connectivity. These are powered by tokens: HNT, the main utility token, as well as IOT and MOBILE tokens dedicated to specific subnetworks. Participants earn tokens through a unique Proof-of-Coverage (PoC) algorithm, which verifies the quality and legitimacy of the wireless coverage provided by the network nodes, known as hotspots.