A growing number of Australians are helping to set up a network of Helium wireless hotspots that reward their owners in Helium Network Tokens (HNT).
Helium is a global network of public, long-range wireless hotspots for Internet of Things devices, such as Lime and Neuron scooters. Each Helium hotspot produces HNT, the native cryptocurrency of the Helium blockchain, as compensation for owners.
Community-Driven Network Already Up and Running
A global chip shortage has caused long delays on many tech products, including Helium hotspots. But for some lucky Australians, their hotspots are finally starting to arrive. The network is just getting started in Australia but there is already a long list of people itching to jump on board.
The main draw is that a Helium hotspot will generate a decent amount of passive income. Some hotspot owners are reporting earnings of US$500+ per month just from one hotspot. Not bad considering the first round of devices sold for US$495 each.
Not everyone is in it just for the money, of course. Many believe in the technology and want to contribute to building a large, secure and global network for the ever-expanding Internet of Things.
Cardano Thing Down in Africa
There seems to be a global trend at the moment towards decentralised, user-driven wireless networks. Cardano recently announced it will be helping deliver a sustainable wireless internet network in Zanzibar and Tanzania, with hotspot owners being rewarded for providing coverage.
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