Solana

Solana (SOL)-Based Crypto Project Helium (HNT) Launches Mobile Phone Plan

A decentralized wi-fi community crypto undertaking on the Solana (SOL) layer-1 blockchain is aiming to remodel the telecom business with the launch of a brand new cell phone plan.

In a statement, Helium Cell says it has simply rolled out a cellphone plan, which will likely be initially out there completely to Miami residents.

“We’re launching in a single metropolis to proceed to scale our distinctive protection mannequin that mixes our accomplice’s nationwide 5G community with the people-built, open-source Helium Cell Community.”

The cellular service says the plan is being provided at a fraction of the associated fee provided by different telecom companies, citing an estimate from the comparability procuring engine WhistleOut, which signifies the typical cellphone plan within the US prices about $114 per 30 days.

“$5 per 30 days (+ taxes and costs) will get you limitless speak, textual content, and information. For a few of you, that’s as much as 95% lower than what you’re paying now.”

Helium says it’s able to lowering prices as a result of it’s powered by people who can earn MOBILE tokens for sharing information slightly than by firms. The service additionally teamed up with telecom large T-Cell to present subscribers entry to the nation’s largest 5G community.

“This two-sided strategy treatments inefficiencies brought on by the middlemen within the conventional telco mannequin and lowers the overhead infrastructure prices for the service.”

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