The Helium Network has come a long way since its initial concept. The idea for the network was first proposed in 2013 by a group of engineers and entrepreneurs who saw the need for a decentralized wireless network that could support the growing Internet of Things (IoT) industry.

In 2014, the team behind Helium officially formed the company and began working on the network. The following year, they released the Helium white paper, outlining the technical details of the network and its potential uses.

In 2017, the Helium Token (HNT) was created and a successful token sale was held, raising over $15 million to fund the development of the network.

Over the next two years, the team continued to develop the network and its technology, including the Helium Blockchain, Helium API, and Helium Console. They also formed partnerships with companies in the IoT industry and began testing the network in various cities across the United States.

In 2020, the Helium Network officially launched, and the first Helium hotspots were deployed. Since then, the network has continued to grow, with more and more businesses, organizations, and individuals becoming coverage providers and deploying hotspots to expand the network.

TIMELINE:

  • 2013: Concept for Helium Network proposed
  • 2014: Helium company formed
  • 2015: Helium white paper released
  • 2017: Helium Token (HNT) created and token sale held
  • 2018-2019: Development of Helium Blockchain, API, and Console
  • 2020: Helium Network launches, first hotspots deployed
  • 2021-2022: Network continues to grow with more coverage providers and hotspots