Crypto is continuing to seep into content here – today, another use case. Nova Labs and T-Mobile have partnered to launch Helium Mobile, a 5G wireless smartphone service. It will use Helium’s decentralized, crypto-powered 5G network as well as T-Mobile’s network and switch between the two as needed.
By combining networks and switching between the two as needed, Nova Labs says the service will offer two significant economic differentiators from traditional services: plans will start at just $5 per month, and users can also optionally earn crypto token rewards for sharing data.
Why do we care?
Here’s another crypto use case – allowing individual users to sell service to others. You earn money for sharing service. This version of Helium’s network is a new one, and their previous services IoT devices.