Unchained How Helium Uses Crypto to Grow Decentralized Wifi and Mobile Networks - Ep. 371
5 snips
Jul 8, 2022 In this episode, Amir Haleem, CEO of Nova Labs and founder of Helium, reveals how decentralized internet infrastructure powered by crypto transforms connectivity. He discusses the network's growth after introducing crypto tokens and the unique users leveraging Helium. The conversation dives into the challenges of IoT, the exciting launch of 5G networks, and the implications for traditional telecom. Haleem also shares insights on proof of coverage, the role of community, and plans for the future, making it a compelling listen for tech enthusiasts.
AI Snips
Chapters
Transcript
Episode notes
Inspiration from Filecoin
- The Filecoin whitepaper inspired Helium to use a crypto-economic model.
- This model aimed to distribute network ownership, similar to Airbnb and Uber.
Helium's Early Struggles
- Helium struggled for years before introducing a crypto token.
- Initially, they tried various approaches, including developer-first and customer-driven models.
Helium's User Base
- Helium's participants fall into three categories: crypto enthusiasts, IoT enthusiasts, and "telco anarchists.".
- Each group has different motivations, but all benefit from the network's economics.