While we started on the mission of building a global ubiquitous wireless network to connect IoT devices, it has become clear that other wireless technologies need faster network buildout in all regions of the world, including 5G. Our hardware and software makers are integrating the Helium blockchain to different open standards such as Magma, a 5G and open-source wireless stack. Read more here.
Beyond 5G, Helium Improvement Proposal (HIP) 20 was approved by the community in November 2020, which introduced 2-year halvings for the issuance of HNT on the Network’s genesis anniversary. The first halving will take place on August 1st, 2021 and reduce the target goal for the issuance of HNT to 2.5M HNT per month. Looking forward, we will continue to see the community evolve the Network through the HIP process. Read more here.
The future will continue to advance wireless technology at a breakneck pace. We believe the future of building, owning, and operating networks is through a decentralized approach. We hope the Helium Network will be that standard to drive equity and ownership to the people.
When we first pivoted to drive a two-sided marketplace, many investors told us that it would be a near-impossible task. It was challenging to drive a community of individuals to build a network, let alone convince enterprises to use this communal network. In just under two years, we’ve achieved so much.
None of this would be possible without the community. Our Discord of over 80K technical members, supporters, and especially our wonderful Moderators who volunteer their time to help the ecosystem. Thank you!
Building hardware is challenging. Those brave souls who are building Hotspots, relentlessly trying to work through all the hurdles with design, supply chain, e-commerce, and more. Thank you and hang in there.
Software and application makers who are crucial to demonstrating what’s possible on the Network, and giving users of all levels a chance to understand and leverage what we have collectively built. Keep it up.
The early customers who purchased the Helium Hotspot, not knowing what would happen, but had the same dream we did. Your belief in the mission has created a global aspiration to build a wireless network owned and operated by everyone.
Thank you all for your ongoing support and dedication.
Remember, this is your network, your applications, and your success. Together, we have built…
The People’s Network.