> Helium’s economy looks moderate or small, depending on how you parse the numbers. According to Token Terminal, Helium’s revenue in June totaled $2.6 million.

> Helium’s economy looks moderate or small, depending on how you parse the numbers. According to Token Terminal, Helium’s revenue in June totaled $2.6 million. That’s down from the April high of $5.5 million but a 73% improvement over the same period a year earlier. In 2020, Helium’s June revenue was below $200,000. Eddy Lazzarin, the head of protocol design at a16z, noted that when his firm first invested in Helium, “the last ninety days had something like $600.” It has come a long way since then. > However, this is only part of the picture. Data Credits are used when onboarding a hotspot, asserting a location, and processing a payment. Onboarding hotspots, in particular, is intensive from a Data Credit perspective. Since Helium is onboarding so many new hotspots, this skews results, suggesting greater customer activity than is actually present. Data from The Decentralized Wireless Alliance removes these three uses, demonstrating the size of the Helium economy’s customer demand. By this measure, DC usage was just $6,561 in June. https://www.readthegeneralist.com/briefing/helium https://www.readthegeneralist.com/briefing/helium