Helium (HNT)

On the Helium proposal, I don't work there anymore but here's my take:

Helium made two large, parallel bets:

(1) Carriers will pay to offload to a decentralized network that fills coverage gaps.
(2) Helium can build its own carrier, Helium Mobile, that offers cheaper prices than others due to the offload

It was never explicitly stated, but (2) acted as a nice hedge for (1) being incorrect. If carriers won't use us, we'll use ourselves!

So what happened? Well, this is a startup. Some bets win and some do not. The carrier offload bet won, there is massive PMF. Carriers agree to pay Helium more and more every year.

On the other side, the Helium Mobile bet didn't go asymmetric. Free subscribers are expensive, but were the best subsidized bet to grow. Think about when Uber used to have $3 pools, nobody thought that was real but it grew them to the point of being unstoppable. HM made that bet, and all along the way it seemed like it could go parabolic. In places like New York with dense coverage, the Heli

Heliums supply growth has gone from 10% inflationary to 9.72% deflationary in less than 12 months on the back offloading mobile data to T Mobile Carrier and AT&T.

Safe to say @helium_mobile proved PMF.

The next chapter is bullish. https://t.co/h3H83l51UJ