Helium

$HNT

There is a very clear economic model behind this project since consumers of wireless/hotspot pay to access the service, which incentivize node providers to setup the hardware needed to operate the p2p network. As well, in terms of tokenomics, they are at $340M market cap in circulation out of a fully diluted supply of $548M, which is 62% of the supply already emitted, and the remaining will be released similarly to bitcoin halving distribution. 35% of the HNT supply is owned by the team and investors. They received more than $300M of VC funding for their development. Unfortunately, the cost of operating a node is roughly $400 for the hardware cost, and revenues have dwindles down to roughly $20 a month. This is because of low demand from consumers. I believe this could change over time if they allow credit card payment instead of crypto payment. They would also need to do a better job at marketing for the service to be known. Overall, it's a very interesting concept, but a certain threshold of demand is needed to ensure node providers becomes a profitable business model. Currently, the supply side is greater than the demand side. Show Less

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