Articlealmost 2 years ago

Helium Project Faces Challenges in Creating a Sustainable Ecosystem for Businesses

Helium Project Faces Challenges in Creating a Sustainable Ecosystem for Businesses
Summary
  • Helium's LoRaWAN network initially attracted users with the opportunity to earn HNT tokens, but as the network has grown, the financial incentives for providing coverage have diminished.
  • The technical and personnel aspects of using Helium's network present challenges for businesses, including additional costs associated with hardware, servers, and data credits.
  • The availability of a free version of an LoRaWAN Network Server (LNS) without competition from other service providers limits the potential for businesses to thrive on the Helium ecosystem.

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