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DEFI(NE)

Heard on the Block: “cryptocarrier”

Snacks / Thursday, August 17, 2023

🛜 Like charging for your neighbor’s WiFi password…

Self-described cryptocarrier Helium Mobile said it’s launching a $5/month mobile-data plan in Miami. It said its network combines traditional T-Mobile coverage with service provided by Helium nodes scattered across the city. The cryptocarrier pitch: people buy $1K+ wireless nodes for their homes and businesses, hook them up to their personal internet connections, and earn tokens when they’re used by Helium Mobile subscribers. FYI: Helium promised a decentralized wireless network before but struggled to deliver.

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