Helium Crypto Wireless Network to Launch New Tokens Amid Expansion
Helium's novel concept—standing up a wireless network for sensors and trackers that is powered by token-rewarded node operators—has earned significant support. Nova Labs, the recently-renamed startup that represents Helium’s founders, announced today that the network will launch new crypto tokens tied to individual networks.
The existing HNT token will continue to exist and serve as something of a “reserve currency” or “floor currency” for the expanding Helium ecosystem, Nova Labs CEO and co-founder Amir Haleem told Decrypt.Meanwhile, Helium will first launch a new MOBILE crypto token this month, which will reward people who operate a 5G node and contribute coverage to Helium’s latest network. The shift to a new model comes as Helium attempts to expand its offerings with 5G connectivity and more.
Russia open to the use of bitcoin and crypto for international payments - Senior Central Bank official
🔸 “In principle, we do not object to the use of cryptocurrency in international transactions”, an additional statement from the first deputy governor of the central bank.
This is huge for crypto adoption!💪
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