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 statement, Helium Cellular says it has simply rolled out a telephone plan, which will likely be initially obtainable solely to Miami residents.
“We’re launching in a single metropolis to proceed to scale our distinctive protection mannequin that mixes our companion’s nationwide 5G community with the people-built, open-source Helium Cellular Community.”
The cellular provider says the plan is being provided at a fraction of the price provided by different telecom companies, citing an estimate from the comparability procuring engine WhistleOut, which signifies the common telephone 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 information. For a few of you, that’s as much as 95% lower than what you’re paying now.”
Helium says it’s able to decreasing prices as a result of it’s powered by people who can earn MOBILE tokens for sharing information relatively than by firms. The provider additionally teamed up with telecom big T-Mobile to offer subscribers entry to the nation’s largest 5G community.
“This two-sided method treatments inefficiencies attributable to the middlemen within the conventional telco mannequin and lowers the overhead infrastructure prices for the provider.”
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