Building a nationwide 5G network can be costly and time-consuming. Traditional methods require network operators to invest billions of dollars in equipment and navigate through layers of red tape, resulting in deployment taking years or even decades. However, Helium Mobile has introduced a new economic model that aims to change the game.
The Helium Network utilizes a decentralized wireless network that incentivizes individuals to help build a ubiquitous network in days and weeks, not years or decades. By eliminating the capital costs and red tape associated with traditional infrastructure, individuals are able to establish a part ownership of the network and earn crypto tokens called MOBILE. This approach empowers people to make 5G wireless connectivity possible in every neighborhood, city, and state, even in the most rural areas of the U.S.
The Helium Network has already seen success in its growth. Since 2019, it has grown to include nearly 1 million Hotspots in 73,000 cities on its Internet of Things (IoT) network. The network expanded to include 5G, with individuals rapidly adding more than 10,000 5G Hotspots in 1,000+ cities across the United States. This success showcases how crypto incentives can flip the traditional deployment model of network infrastructure on its head.
Nova Labs also introduced Helium Mobile, the world's first crypto carrier. Helium Mobile aims to tackle the demand side of the equation by providing service to subscribers. This carrier is different from traditional ones as it is powered by The People's Network, where individuals are incentivized to build and power a mobile network through crypto incentives, helping increase the speed of network infrastructure deployment while decreasing associated costs by an order of magnitude over legacy models. Subscribers are not just customers but owners of the network and are able to earn incentives for simply using their phones on the Helium 5G network, giving consumers ownership over their mobile plans and the network that powers them. Additionally, Helium Mobile values data privacy and will never sell subscriber data to advertisers or other third parties.
The Helium Network also employs a flywheel effect, where the more subscribers connect to the network, the more incentives are created for individuals to deploy additional Helium 5G coverage. As Helium 5G coverage grows, the cost to use the network decreases, and more Data Credits are spent. This self-sustaining cycle of growth makes Helium Mobile an attractive option for anyone looking for an affordable and reliable mobile network that puts the people first.
In partnership with T-Mobile, Helium Mobile offers subscribers nationwide coverage and uninterrupted service. Nova Labs is leading the way with experts in building distributed mobile networks, Helium Mobile is set to revolutionize the mobile industry and bring 5G connectivity to every corner of the country. With its decentralized model, cryptocurrency incentives, and focus on data privacy, the Helium Network and Helium Mobile are leading the way in creating a new economic model for network infrastructure deployment.
With the announcement of Helium moving over to the Solana Ecosystem, they announced that Saga phone users in the United States will get a complimentary 30-day subscription to Helium Mobile, which includes unlimited voice and text, when it becomes available in around May 2023 through this partnership. They will be able to easily connect to the innovative Helium 5G network and its partner 5G networks across the country as subscribers.
Overall, The Helium Mobile offers a new approach to building a nationwide 5G network that is fast, cost-effective, and puts the people first. By eliminating the capital costs and red tape associated with traditional infrastructure, individuals are able to establish a part ownership of the network and earn crypto tokens, while also providing subscribers with an affordable and reliable mobile network that values data privacy.