Helium

Halal Rating :
Comfortable
Last Price $4.56 Last updated:
Rank 102
1D Change -0.62 %
Market Cap $733.98m
Circulating supply 160,875,442
Maximum supply 223,000,000

Crypto Overview

Categories
  • Mineable
  • Enterprise Solutions
  • Distributed Computing
  • IoT
  • USV Portfolio
  • Multicoin Capital Portfolio
  • Web3

Helium is a decentralized machine network powered by a physical blockchain. The network is created by gateways who also double as miners on our network. These gateway operators can earn tokens based on coverage they provide as well as transaction fees gained from machines connecting to their gateway Helium is a new cryptocurrency. Hotspots earn for providing and validating wireless coverage and when devices on the network connect to the internet through Hospots Helium is mined and distributed to Hotspot Owners, Helium Inc, and investors. There is no pre-mine of Helium, and every month approximately 5,000,000 new Helium are minted. At the end of each mining period, roughly every 30 to 60 mins, Helium is distributed according to the allocation shown:

Crypto Impact

To assign a comfort level investing in Helium from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Helium.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating