Have Helium Leaders Been Lining Their Own Pockets While Not Delivering on Product?

Executives at Helium (HNT), a developer of a "decentralized wireless infrastructure," as well as their family and friends, hoarded the majority of wealth at the project's launch, claims Forbes.

Timeline of Helium

Allegations have been made that Helium's so-called “people's network” has vastly enriched a small group of insiders at the expense of ordinary people who invested in hotspots and who have gained very little. An investigative article recently published in the Forbes Digital Assets section suggests that while the widely touted Web3 project Helium has been struggling to generate revenue, a small group of executives and their family and friends amassed a fortune in the early days of the project.

A new report has revealed that executives and insiders at Helium network benefited disproportionately from the project at the expense of the broader community. The post Helium Insiders Profited From Project at Expense of HNT Community, States Forbes Report appeared first on BeInCrypto.

The decentralized wireless network Helium (HNT) is officially migrating to the Solana (SOL) blockchain after a community vote upheld the decision. The Helium Foundation announced on Thursday that its community approved the move by a majority 81.41% vote on Helium Improvement Proposal (HIP) 70.

Crypto wireless network Helium is officially ditching its own blockchain and moving to the Solana blockchain after a community vote.  The vote saw an overwhelming majority of over 80% vote in favor of moving to the Solana blockchain rather than sticking with the network's own blockchain.

After mulling over a critical proposal for almost ten days, the Helium community has concluded a landmark vote to approve Helium Improvement Plan 70 or HIP 70. Closer look at the proposal HIP 70 has been in the pipeline for months and the proposed changes will help the Helium Network in a significant manner.

The Helium (HNT) community has voted to migrate its ecosystem from its native blockchain to Solana. The post Helium (HNT) Presses on With ‘Ambitious Mission' by Voting to Move to Solana (SOL) Blockchain appeared first on BeInCrypto.

The Helium Foundation has announced the Helium Network's migration to the Solana blockchain following a successful community vote. The post Helium Foundation announces migration to Solana following community vote appeared first on The Block.

Members of the Helium community have voted to move the native HIP 70 protocol to the Solana blockchain. The proposal to move to Solana got passed after a unanimous decision from members of the Helium Network.

Helium community members completed a vote that suggested moving the Helium network to Solana (SOL/USD). Helium (HNT/USD) is a decentralized blockchain-powered network intended to power Internet of Things (IoT) devices, where the nodes come in the form of hotspots and fill the role of being a wireless gateway as well as a blockchain mining device.

The Helium Foundation will move its custom-built layer 1 blockchain network to Solana. Migration to Solana's chain comes after a network improvement proposal passed a community vote on Thursday.