5G crypto coins

Helium is a cryptocurrency that powers decentralized “LongFi” for the Internet of Things , which reportedly has 200 times the reach of traditional WiFi.

The 5G small cells that Helium is currently supporting are roughly the size of a desktop computer, are primarily designed to support indoor coverage areas, and can be installed by everyday users.

The startup was cofounded by Shawn Fanning (the inventor of Napster), Amir Haleem, and Sean Carey . Investors and crypto community members are optimistic about the utility token, including venture capital investors: Helium raised a $200 million Series D round in February.

On a basic level, Helium is a decentralized wireless network for “internet of things ” devices, powered by cryptocurrency. The network is made up of devices called Helium hot spots, gadgets with antennas that can send small amounts of data over long distances using radio frequencies.