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| By Nilus Mattive |
Last year, I received an invitation to beta test a new type of mobile phone plan. One run on something called Helium.
Helium is basically a crowdsourced network. Instead of a private company owning a series of towers and cables, the Helium network provides wireless service through a series of routers.
These routers are owned by various individuals all over the world.
Originally, the Helium network was designed to connect things like smart home devices. But it has since expanded into providing 5G wireless plus voice and text services through a partnership with T-Mobile (TMUS).
Helium’s unlimited wireless plan originally rolled out in Miami for just $5 a month. It’s now available nationwide at $20 a month.
What does this have to do with crypto?
Well, the entire Helium network isn’t just decentralized … in 2017, it switched from using cash incentives to operating on a cryptocurrency-based reward system.
During the beta test, I helped the company identify holes in its network coverage. All I had to do was install some software on my phone and go about my day.
In return, I earned roughly 123,000 MOBILE tokens over the course of a few weeks.
Those tokens are already worth hundreds of dollars at current prices. But imagine how much they might be worth if Helium continues to make substantial headway against entrenched competitors like Verizon (VZ) and AT&T (T).
Meanwhile, I’m also currently participating in another crypto-based project called Hivemapper.
The basic idea is to create a map that can provide viable competition to Google’s dominant position in the space.
How it Works
I had to purchase a special dashcam and pair it with an app running on my phone.
Then, as I drive around, the combination is capturing footage and uploading it to a central database.
The end result is a continually updating map built on user-submitted information rather than the “Google Maps cars” you sometimes see driving around.
As with the Helium network, participants can earn special tokens — in this case, called HONEY — that represent compensation for contributing to the project’s viability.
I could keep going, but here’s my point …
Plenty of people say cryptocurrencies don’t have any real-world utility at all.
Yet there are real-world projects — with serious money-making potential — not only using cryptos to accomplish their goals. But, in some cases, they even reward early participants and collaborators along the way.
What’s more, in the two cases I just cited, the projects and their respective tokens are underpinned by a different cryptocurrency ecosystem known as Solana.
Think of it as something like this:
A project like Helium or Hivemapper operates on Solana in the same way Amazon or Google operates on the internet.
It’s not a perfect analogy, of course. Because unlike the internet, the Solana blockchain is a project in and of itself, with its own crypto, also called Solana (SOL).
As you can probably guess, if more and more projects operate on the Solana network, the value of its cryptocurrency goes up as well.
This is precisely what has been happening … and why Solana has risen more than 770% in the last year alone …
Crazy!
In terms of market cap — i.e., the number of tokens in circulation times the current price — SOL is now the fifth-largest crypto in the world.
Of course, Solana is just one of the larger “alt coins” worth looking at.
I am introducing my Safe Money Report readers to seven more, along with a way to get access to all of them in one fell swoop … in a traditional brokerage account … at a 35% discount to current market prices.
To join them and see how such an opportunity in a skyrocketing market is even possible, click here.
Best wishes,
Nilus Mattive
P.S. Truthfully, we’re still just scratching the surface! There are even smaller alt coins with much LARGER profit potential if you know how to buy and sell individual cryptos directly.
Sound exciting?
Then I encourage you to watch your inbox on Monday for a special video update from Dr. Martin Weiss and my friend and colleague Juan Villaverde.
