Helium is a decentralised network that powers the Helium LongFi (LoRaWAN) network for the Internet of Things (IoT). This innovative network utilises low-powered wireless devices to create a global network for connecting devices and machines. Helium token holders contribute to network coverage by deploying and operating Helium hotspots, earning rewards in exchange for providing network infrastructure.
The Helium token serves as the native utility token within the Helium network. It incentivises users to participate in the network by rewarding them for providing and utilising wireless data coverage. Helium's focus on building a decentralised infrastructure for the IoT has gained traction in various industries.
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