Crypto is disruptive. And now, it’s changing the future of cellular networks and what they cost.

‍What’s happening:‍

• Crypto based wireless cellular network company Helium Mobile has announced a new nationwide plan for the entire United States
  
• Helium is bringing their peer to peer internet of things network together with T-Mobile to offer an unlimited plan to users
  

The big idea:‍

• Helium offers an unlimited cell phone plan for a flat rate of $20 per month which is compatible with any device and doesn’t require entering into a contract
  
• They are able to drastically cut operating costs by incentivizing users to build and expand the Helium wireless network through a crowdsourced approach
  

How it works:‍

• Helium has empowered users to set up their own Helium Mobile Hotspots and contribute to the larger network seamlessly
  
• Helium Mobile Hotspots function as small scale cell towers that eliminates dead zones and expand the wireless access of the Helium network
  
• Users who set up their own hotspot are then rewarded with tokens as payment for helping maintain the network
  

Market reaction:‍

• Helium’s governance token ‘HNT’ is up +75% since the announcement of their nationwide plans becoming available
  

The intrigue:‍

• Helium previously migrated from their own blockchain to the Solana blockchain after a community vote
  

By the numbers:‍

• There are currently 3,854 active hotspots across the Helium Mobile network
  
• The last financing round for Helium saw the project raise $200M USD at a $1.2B USD valuation