The goal of DAWN is high. They are all the best.
Aiming to enable regular consumers to serve each other broadband — and be rewarded for it with crypto — is similar to what Helium has done for mobile coverage over the past few years.
DAWN positions themselves as a decentralized internet protocol that allows download speeds exceeding 1 gigabyte/second (1,000 Megabyte/second).
Helium hotspots offer 5G service.
Technically, there are no limits to how fast the 5G network can be. Helium users reported speeds of downloads ranging between 100 megabytes/second and gigabits. The speed of download depends on many factors, including the user’s demand, the density and the quality of the available hotspots.
Helium will still play a major role in DAWN’s success, regardless of whether the company likes this or not. Helium has become the benchmark of DePIN adoption, particularly for projects that aim to disrupt existing services such as telecoms and internet.
And considering DAWN is utilizing Solana for its tokenomics — as does Helium since it switched from its own network in April 2023 — the two are destined to be compared against each other ad infinitum.
DAWN might only truly be a success if Helium is surpassed in some metrics.
Helium users spend more money than ever on the mobile network, even though the subscriber rates have decreased. Helium has switched over to Solana and the usage data is not available.
The light green column on the chart above shows that Helium users have spent between $56,000 and $63,000 on data during the first two weeks in December. Price of HNT can be plotted using the purple line.
In a certain way, DAWN makes a bet that the number of people who are using DAWN will increase dramatically in the future. And what’s good for Helium could be good for DAWN — as long as the latter successfully channels that energy toward the home, rather than the hotspot.
Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.
