The New Wireless Economy.
The People’s Network creates an entirely new wireless economy that flips the traditional telecom model of building wireless infrastructure on its head.
Using a Burn-and-Mint Equilibrium token model, The People’s Network utilizes two units of exchange: HNT and Data Credits.
HNTHNT is a cryptocurrency earned when Hotspots provide and validate wireless coverage and transfer device data over the network.
HNTHNT is mined and distributed to Hotspot Owners, Helium Inc., and Investors.There is no pre-mine of HNT, and a max supply of 223M HNT.
Multicoin CapitalNew Models for Utility Tokens