Topics discussed in the podcast include Helium's innovative telco model, the concept of 'useful crypto,' disruptive infrastructure financing, future challenges for Helium, and the upcoming Micromobility America conference in San Francisco with industry leaders.
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Helium's Origin Story
Amir Haleem founded Helium to create a wireless network for IoT sensors using novel incentives.
The key innovation was combining crypto mining with easy-to-use wireless gateways to grow coverage rapidly.
insights INSIGHT
Stable Data Credits Innovation
Helium uses stable data credits for network consumers to avoid cryptocurrency volatility.
This design simultaneously rewards network builders while providing stable pricing for users.
insights INSIGHT
Breaking The Network Paradox
No network historically turns a profit long term due to high upfront costs and public resentment towards tolls.
Decentralized participation can break this paradox by lowering individual costs and avoiding centralized rent-seeking.
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This week, Oliver and Horace interview Amir Haleem, CEO of Helium, about the rise of distributed telco infrastructure. This was originally recorded for the Critical Path, but given that Amir has been a guest on the podcast in the past and there’s a direct link between what they’re building and low cost connectivity for micromobility, we wanted to share here as well.
If you’re interested in Helium and wondering how it sits within the telecommunication industry business model, this is a great episode.
Specifically they dig into:
- The Helium model for telco and what problem they were trying to solve.
- Why Horace calls this the first 'useful crypto' he's found.
- Horace talks about the traps of infrastructure financing, and ponders whether the Helium model invalidate these challenges.
- Horace and Amir break down whether/how the model is disruptive to existing infrastructure.
- They talk about the future challenges they can foresee, and how Helium will potentially react.
Also, the next Micromobility America conference is now scheduled for the 23rd of September. It’ll be in Pier 70 in San Francisco and have more than 50 top speakers from the industry, more than 1000 global participants and 500ish startups and brands represented. If you love this space and want to find your tribe here, head to micromobility.io to find out more details.
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