A decentralized wi-fi community crypto mission on the Solana (SOL) layer-1 blockchain is aiming to rework the telecom business with the launch of a brand new cell phone plan.
In a press release, Helium Cellular says it has simply rolled out a cellphone plan, which will probably be initially out there solely to Miami residents.
“We’re launching in a single metropolis to proceed to scale our distinctive protection mannequin that mixes our accomplice’s nationwide 5G community with the people-built, open-source Helium Cellular Community.”
The cell service says the plan is being provided at a fraction of the associated fee provided by different telecom corporations, citing an estimate from the comparability buying engine WhistleOut, which signifies the common cellphone plan within the US prices about $114 per thirty days.
“$5 per thirty days (+ taxes and charges) will get you limitless discuss, textual content, and knowledge. For a few of you, that’s as much as 95% lower than what you’re paying now.”
Helium says it’s able to lowering prices as a result of it’s powered by people who can earn MOBILE tokens for sharing knowledge fairly than by firms. The service additionally teamed up with telecom big T-Cellular to provide subscribers entry to the nation’s largest 5G community.
“This two-sided method treatments inefficiencies brought on by the middlemen within the conventional telco mannequin and lowers the overhead infrastructure prices for the service.”
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