5 ms·
The token exists to bootstrap the ecosystem and give early adopters upside. Otherwise getting necessary global adoption to get it off the ground is not possible
by miohtama 4y ago
The token exists to bootstrap the ecosystem and give early adopters upside. Otherwise getting necessary global adoption to get it off the ground is not possible.
Like with all startups Helium has under 10% chance to make long term and for that upside to realise.
- wmf 4y agoPeople are saying the gateways cost ~$100 to make and there are ~1M of them which is $100M. Helium has received >$250M of investment. They could have just sent out the gateways for free instead of using crypto.