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Author: Killerwhalesdao Holvian Whale Club
Helium Mobile’s “Double Flying Wheel Price Spiral Rift Model”+”33 Support for Breaking the Flying Wheel” makes people look forward to its performance in the bull market.But because of policy and technical risks, it may eventually prove that it is only another epic Ponzi.
With the recovery of the #solana ecology and the hotness of the #Depin track.As a leading $ Mobile, the price has skyrocketed 10 times in the short term at the end of 2023, and it has rushed to $ 0.008.
Recently, with the recovery of the #solana ecological series of tokens, when writing this article, the current price of#Mobile is $ 0.0027, a maximum return of 68%.
With the decline of the currency price, the doubts of the blockchain scam began to become more.So, what is the fundamentals of this project of Helium Mobile?
However, the Chinese area’s system research and interpretation of #MOBILE’s system research and interpretation is still too small. Our Killer Whales DAO killer whale will plan to analyze and interpret this project in the future, and track the data on the chain in real time.
If you are interested in #Mobile and #solana Ecology, #DEPIN, #AI+, please follow us @killerwhalesDao.
Let’s talk about the conclusion first, we think,The most colorful place for Helium Mobile is that it is a “double flywheel currency rising model”, and at the same time, it matches “33 fulcrum in the flywheel”.The risk is mainly due to the policy risks of 5G network construction, regional restrictions on the unstable signal instability of the United States and telecommunications virtual operators.
At the same time, MOBILE’s tokens are too concentrated, and there is no mainstream CEX, and the price fluctuates greatly.
In addition, the previous IoT project #HNT of the project party Helium was unsuccessful, many miners lost heavy losses, and at the same time they encountered a series of problems such as Binance.This also affects people’s confidence in returning Helium.
1. What is Helium Mobile?
Helium Mobile is a decentralized 5G operator. It uses tokens #MOBILE to motivate networks to deploy and operate 5G mobile network hardware to form a decentralized wireless network (DEWI).
$ Mobile is the helium subdao governing the tokens, the purpose is to achieve the separation of governance.
We all know that the biggest cost of 5G network construction is the construction of base stations.Helium Mobile cleverly uses the economic incentives of the tokens to encourage individuals to buy hot -spicked facilities with similar routers and arrange them into various environments indoors and outdoor environments.
In simple terms, it is to mobilize the power of the masses and use countless scattered small hotspots to replace large base stations.In order to obtain lower construction costs, wider network coverage, and cheaper telecommunications package costs.
Second, double flywheel currency price spiral rising model
First of all, Helium Mobile is a POW mine currency. Like #BTC and #fil, the traditional POW ore currency has a “mining machine -currency price” ore currency flywheel effect (see Figure 1).
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The money selling machines can be used for market value management.Pull the price.
Then, because of rising prices and the increase in mining returns, it will attract more people to lay out mining machines.
As a result, the mining machines were further sold, and with more city funds, they continued to pull the disk.
At the same time, after the ore currency flywheel rotates, the mining machine is sold and the price of currency rises will attract more retail investors in the secondary market to enter the tray currency price.
After the flywheel rotates, you can step on the right foot in this way, and the spiral rises.
In the past, whether it was #BTC, or #fil and #HNT, it was pulled up like this.
In 2021, #fil pulled 10 times a quarter and #HNT 100 times a year.
But only the ore currency flywheel, it can be just an empty bubble.For example, the decentralized storage made by #fil, the result is that only the mining machine is airing there, and there is no real user at all.#HNT has a large number of invalid hotspots in China and cannot be used.
Although #BTC also launched the ore currency flywheel, the reason why it is not in the same grade as #fil and #HNT at all, that is, it has real usage scenarios: payment and value storage.There are really a large number of people / institutions for it to settle in the same as digital gold.
Helium Mobile is different from traditional #fil and #HNT. It is not only one layer of ore currency flywheel, it also has a “mining machine / hotspot -user” flywheel (see Figure 2).
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The more hot spots in the layout, the better the experience experience, the more users.
At the same time, the more users, the greater the demand for the mining machine / hotspot.
Natural cycle.
It is the “double flywheel currency price spiral rising model”.
On the “Mining Machine / Hot Spot -User” flywheel, in order to avoid the problem of air rotation of #fil and #HNT.
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Helium Mobile creatively proposed the principle of deciding mining rewards based on the usage.Only when real users are connected to the hot hostpot and generated data transmission can they get mobile rewards.
If you just buy a lot of hot spots, there is no reward.
At the same time, to guide the layout of mining machines more scientifically and reasonably.Helium Mobile also cleverly encouraged the mobile phone package subscriber user to share his mobile phone location information (MAPPING) to get mobile rewards.
In this way, the location distribution of users and mining machines is clear at a glance (see Figure 4).
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The project party can use different tokens to guide the layout of the mining machine.
There are more hotspots than people, and less reward.
There are fewer hotspots than people, and the reward coefficient is raised a little.
In this way, it not only completely solves the air rotation of the mining machine, but also scientifically and rhythmically guide the layout of hotspots.I have to say that Helium has accumulated a lot of experience on the basis of the trading HNT that year.
Third, detonate 33 fulcrum of the flywheel
Helium Mobile is a spiral rising model of the double flywheel currency price, and the flywheel must be turned to leverage it.
For the “mining machine / hotspot -user” flywheel, it has three branches to leverage the user end: price slaughter city, seamless connection, token inspiration.
For the “mining machine -currency price” flywheel, it also has three branches to leverage the price of the currency: dual buffs of Solana and DEPIN, tokens shrink, and extreme MEME.
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These six fulcrum are collectively referred to as the 33 fulcrum that detonated the flywheel.
(1) Price slaughter city
According to JDPOWER statistics, US users spend an average monthly expenditure of $ 157 a month in 2023.
And using the HELIUM Mobile package to enjoy unlimited calls, unlimited traffic, infinite SMS, only need $ 20.
There was a crazy posture when Didi and Express burned money to subsidize users.
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(2) Seamless connection
Many people in Asia do not know that the iPhone in North America is standard for a physical SIM card slot and an ESIM.
The change of telecommunications tariff package does not need to go to the business hall to change cards like Mainland China.And the number to transfer to the number also encountered many obstacles.
You only need to download the APP of the Helium Mobile, and set ESIM on your mobile phone to seamlessly switch to the Helium Mobile package.
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Another important issue affecting user switching is: What should I do if the early hotspot coverage of the network is less?
Your $ 20 package is cheap and attractive.But the early hot spot coverage is small, the signal is poor, what should I do if the experience is poor?
In this regard, Helium Mobile has premeditated.It signed a five-year strategic cooperation with T-Mobile, one of the four traditional mobile network operator giants in the United States.
Helium’s own 5G network is combined with the T-Mobile network. When the user of Helium Mobile is unable to decentralized wireless network (DEWI), the encrypted operator will automatically switch to the T-Mobile network.
This is fundamentally guaranteed that users who want to switch to Helium Mobile are really seamlessly connected.That is, there is no inconvenience in use and whether there is a tedious replacement program.
(3) tokens inspiration
As we mentioned earlier, Helium Mobile plans to plan the layout of the mining machine more scientifically, encouraging mobile phone package subscribers to share their mobile phone location information every day.
To this end, the corresponding incentive measures are to give MOBILE tokens for rewards.
At the end of 23 years, when the price of mobile, people even exclaimed “2 days back to the book, 28 days of net profit”!
You will subscribe for a package for $ 20 / month. You only need to click on your phone every day, share the location, and then do what you should do.Helium will reward you MOBILE tokens worth $ 10 a day.
For 2 days, this package is equivalent to sending in vain.
Not only that, you can also continue to use the obtained MOBILE token to pay for the cost of up to 3 months.
This is still very lethal for the old beauty living in the water.
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Of course, if you are not satisfied with using mobile phone to earn $ 10 a day, you want to get more token rewards.Then you need to buy a special mining machine / hotspot hostpot. The current outdoor version is $ 499 per unit.If the supply is in short, it will be broken when it comes out.The indoor version is still available, the price is $ 249 per unit.
This is the three branches of Helium Mobile leveraging the user end of the “mining machine / hotspot -user” flywheel: price slaughter city, seamless connection, token inspiration.
Under the prying of these three fulcrum, the number of subscribers for the HELIUM Mobile’s package has already been more than 50,000.And this data is still growing at a rate of hundreds to thousands a day.
From the data point of view, it is only more than a month since the launch of the $ 20 / month package, and it has caught up with the Western Christmas holiday.The momentum of cold start is good.
Next, let’s interpret the three support points of the currency end of the “Mining Machine / Hot -Coin Price” flywheel.
(4) Dual BUFF of Solana Ecology and DEPIN narrative
In 2023, we witnessed the rebirth of Solana’s bath fire and reproduced glory.This Wall Street elite public chain has ecology on the eve of the ecology.The exchange rate of SOL/ETH also rebounded 5 times at the bottom.
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Helium, as a Solana ecological head DEPIN project, is also one of the core strategy points of Solana 2024.
Coinex’s previous analysis pointed out that the focus of the Solana ecosystem is mainly concentrated on DEFI, Memecoin and Depin.
Solana’s main narrative is DEPIN, which is determined by the founder’s background, ideas and layout, not just running out.
The longest work experience of Solana founder TOLY has been developed in Qualcomm and has been doing it for more than ten years, including when Solana financing at the beginning of 18 years, the founder also wanted to communicate and hardware.
At the end of October 2023, the Breakpoint Conference of Solana, the case of Helium Mobile was put in the front and repeatedly mentioned.In addition, each project mentioned in the conference, such as the Silly clothing worn by the founder, has a wonderful performance in November, or skyrocketed, or announced an airdrop.
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Basically it belongs to the official Ming card shouting project.
Even aside from Solana’s preference, DEPIN is one of the main narratives of this round of bull market.
OKX Chinese @OKXCHINESE’s DEPIN popular science “Why DEPIN is considered to be one of the most promising tracks in 2024?”
In this episode, he uses Helium Mobile as an example as an example.
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@Binancez also did “How to see solana ecological & amp; depin new narrative?”》 Special Space, but the whole discussion runs through, is also Helium Mobile.
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There is no doubt that DEPIN is one of the main narratives of this round of bull market.And Helium Mobile firmly occupies a leading position.
According to Coingecko data, according to the market value ranking, the current Helium ranks third on the entire DEPIN track.Among the top five projects, three are solana (Render, Helium and Helium Mobile).
(5) tokens shrinkage
For old players who are familiar with gamefi and ore currency, the inflation and pressure of tokens are always a difficult issue.
Therefore, many people ask MOBILE habitually asking that if there are more and more users and mining machines, how to solve inflation?Is there any token consumption scene?
This is actually not knowing MOBILE’s token economic model.
Mobile is the same as BTC. The total amount is constant, 250B, and there is no inflation.
Then the annual output is set in advance, which has nothing to do with the number of mining machines.And halved every 2 years.
There were 50B pre -mining before mining, and then added 66B in the first year. In the second and third year, 33B was added. In the fourth and fifth year, 16.5B was added.
This situation is just like the BTC is basically a block in about 10 minutes, and the output rate is very stable.Regardless of whether it is mining in a notebook 10 years ago or now a professional mining machine.Regardless of the number of people in mining.Its output every year is fixed and constant.
The more mining machines, the less the output of a single mining machine.Miners’ incentives mainly come from the rise in currency prices.
Like BTC, you don’t need to set up any consumption scenes for mobile.Whether the flywheel can spiral rises only depends on whether the story can condense how much market consensus can be condensed.
Further, MOBILE not only has a constant total total, it is also a shrinking model.Because hotspots and operators have the requirements for pledged Mobile (the hostpot Vendors must pledge 500 million Mobile, it becomes Hostpot Operators for pledged 50 million Mobile).
(6) Extreme MEME
Helium Mobile has all the elements required for the ultimate Meme:
The first one is $ 20 / month, the cheapest mobile package in North America, which itself is very infectious.
At the same time, even the grandma can understand it -American Telecom, the package is cheap, and the mobile phone can also be mine. If you want to make more, you can arrange hotspots.The imagination is huge.
Finally, the threshold for users to participate is 0, and 5G itself is absolutely just needed, and has a strong ability to break the circle.
ICO can set up a wave is that everyone can issue assets.
Defi Summer further enriched the issued assets.
Gamefi’s hotness is because the threshold for issuing and obtaining assets has further dropped to just playing games, and you don’t need to understand professional blockchain technology or what resources.
The reason why Stepn has become a phenomenal GameFi project is because the threshold is further reduced to the legs to walk.
Helium Mobile has pushed this game to unprecedented ultimate:
Participation threshold is 0 and there is no technical threshold.It does not need to spend any time. The mobile phone mining only needs to share the location.The hotspot Hostpot mining only needs to insert the root cable.
In addition, the 5G network itself is absolutely needed for everyone.
Fourth, possible risk
Although Helium Mobile is quite exquisite in the design of the entire project, the project party’s resource integration and operating capabilities are relatively powerful.But in the early days of the project, there were still many risks.
First of all, the biggest risk is derived from policy risks.The construction of 5G networks is a strategic infrastructure in any country.Especially in the United States, it also involves redundant complicated regulations of multiple departments.Although Helium Mobile hugs T-Mobile’s thigh tightly, it may not be a big problem in the early stage of the project, but after the scale is larger, this may be a potential minefield.
At the same time, it is also because of the strategic position of 5G construction.No country will easily let go of a foreign company for 5G construction.Therefore, for a long time, Helium Mobile will be limited to the United States.
In addition, Helium Mobile and T-Mobile signed a virtual operator agreement.Virtual operators have risen in China for a few years. Later, various problems have disappeared because of unstable signal and unable to keep up with services.These problems that have been encountered may still be Helium Mobile’s obstacles to customer service in the future.
Finally, the project party Helium’s previous IoT project #HNT was unsuccessful, many miners lost heavy losses, and at the same time, they encountered a series of problems such as Binance.This also affects people’s confidence in returning Helium.
At the same time, Mobile’s FDV has been 0.7B, but token chips are too concentrated and there is no mainstream CEX, which is poorly liquid.
The high market value, highly concentrated chip structure, weak liquidity, and superimposed an old daughter -in -law.They all indicate that for a long time, the price of mobile will fluctuate more.Investors should control the position and the timing of admission.
Disclaimer: The above content does not constitute investment advice, please judge yourself.Investment is risky, and investment needs to be cautious.
Conclusion
In summary, Helium Mobile’s own project has a good texture. Its “double flywheel currency price spiral rising model”+”33 fulcrum of the explosion of the flywheel” makes people look forward to its performance in the bull market.But because of policy and technical risks, it may eventually prove that it is only another epic Ponzi.
