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I've worked on low data rate projects that would be a good fit for the Helium network. Biggest issue was uncertainty about the future of the network. The only
by PragmaticPulp 4y ago
I've worked on low data rate projects that would be a good fit for the Helium network.
Biggest issue was uncertainty about the future of the network. The only reason people were interested in running nodes was to collect payouts, denominated in the Helium token. If the Helium token price crashes (as it has), the network will stop expanding at best and start shrinking at worst.
Meanwhile, regular cellular data contracts dropped to relatively low prices for low data applications. When retail pricing starts at $1/month, you can imagine how cheap we're getting contracts for 10,000 devices locked in over multi-year contracts.
Also, the Helium founders seem to have realized they squeezed everything they can out of their first project, so they switched their attention to a new 5G project to try to repeat their token-fueled success once more before crypto speculation ran out of steam. They didn't quite make it.