Company Information

Get to know Helium

Founded in 2013 by Amir Haleem, Shawn Fanning, and Sean Carey, Helium's mission is to build a global, peer-to-peer wireless network, often called "The People's Network." It incentivizes individuals and businesses to deploy and operate wireless hotspots, which provide connectivity for IoT devices using the LoRaWAN protocol and, more recently, for mobile phones via 5G. In return for providing network coverage, hotspot owners earn cryptocurrency tokens (IOT and MOBILE). The network originally operated on its own blockchain but migrated to the Solana blockchain in 2023 for greater scalability and efficiency. The original company, Helium, Inc., rebranded to Nova Labs, which remains a primary contributor to the network's development, while the non-profit Helium Foundation now oversees the network's governance.

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Crypto CryptocurrencyPRIMARY

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Helium

United States

Founded in

01 Jul 2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.