Coinbase will add support for Helium (HNT) on the Solana network (SPL token).
Trading begin on or after 9AM PT on 12 July 2023, if liquidity conditions are met.
Once sufficient supply of this asset is established trading on HNT-USD trading pairs will launch in phases. Support for HNT may be restricted in some supported jurisdictions.
The Solana network (SPL token) contract address for Helium (HNT) hntyVP6YFm1Hg25TN9WGLqM12b8TQmcknKrdu1oxWux
https://solscan.io/token/hntyVP6YFm1Hg25TN9WGLqM12b8TQmcknKrdu1oxWux
Coinbase will add support for HNT with the Experimental label.
What Is Helium (HNT)?
Helium (HNT) is a decentralized blockchain-powered platform for Internet of Things (IoT) devices. As per the whitepaper, the aim of creating the Helium network is to incentivize the creation of physical and decentralized wireless networks.
Many platforms, technologies, and services are transforming into open and decentralized systems from centralized proprietary ones in an ever-decentralized world. Peer-to-peer (P2P) networks are achieved through the introduction of blockchain networks. Bitcoin (BTC), Ethereum (ETH), and other digital assets have proved how vital a decentralized transaction ledger is.
The Helium network is a decentralized wireless network that allows devices worldwide to wirelessly connect to the internet and geolocate themselves with no requirement for power-hungry satellite location hardware or expensive cellular plans. Blockchain powers the Helium network with a native protocoltoken that incentivizes coverage providers and consumers. By introducing blockchain, the platform makes the industry currently controlled by monopolies decentralized. As a result, wireless network coverage becomes a commodity fuelled by competition and available at a low cost. The platform's secure and open-source primitives allow developers to build low-power, internet-connected devices swiftly and cost-effectively. The network has a wide variety of applications across industries.
What is the 'Experimental asset' label of Coinbase?
To be transparent and help customers make informed decisions, Coinbase has added an Experimental asset label to certain tradable assets that are either new to the platform or have relatively low trading volume compared to its broader crypto marketplace.
Source: Coinbase
Harry Potter Library (HPL) Community
Please join the HPL community. I will upvote all members' posts. Simply join and post there using the tags "hpl" or "harrypotterlibrary" in your post.
- Community Address: https://steemit.com/trending/hive-140602
- About HPL Community:
EN: Harry Potter Library - HPL
KR: 해리포터의 도서관 (Harry Potter Library, HPL)
Let's build our community together. I will support you.
- HPL Community on Blurt:
Just add the "hpl" tag and I will vote for a small amount