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I posted a lot of resources above to learn all about it. The Helium Network is a blockchain based, decentralized, peer-to-peer (with anyone owning or hosting Helium hotspots that communicate with each other) IoT (internet of things) and soon to be 5G cellular network. In order to build out these networks, the Helium Network created an incentive structure where any Joe/Jane Schmoe can host Helium hotspots that earn them Helium tokens (or HNT). The Helium network can be used to keep track of valuable assets or pets, build a security system (get text notifications whenever doors or windows are opened), interact with smart appliances, etc. There are third party companies that build devices that can utilize the network. Presently, I know Helium is partnered with Lime scooters and Nestle. There are four official manufacturers of Helium hotspots (Rak Wireless, Nebra, Bobcat, and Syncrobit). At the moment, only Bobcat and Syncrobit are taking orders due to the semiconductor chip shortage. However, there are other companies that are in the process of trying to bring their own Helium hotspots to market. Most of these devices cost anywhere from $430 - $650.
At the moment, Helium tokens are going for $15 a piece. The price fluctuates by the second, minute, day, month, but it's definitely on an upward trajectory. At the beginning of this year, it was going for about $1.30. In the land of crypto (you can observe this with how much bitcoin has grown over the past 10 or so years), every time the supply of mineable tokens is halved, the price tends to increase. The supply of mineable bitcoin tokens halve every four years (happens in the month of May). Its last halving was in May 2020. Every time it halves, there's a "bullrun" where its price skyrockets. This period usually lasts anywhere from 12 - 18 months, then it levels off. That's why it grew to $64k a few months ago and is now hovering around $33k - $40k. During this bullrun, bitcoin's price increase is kind of the tide that lifts all boats, and all other crypto tends to increase in price as well. Bitcoin's next halving is in May 2024. Helium's first halving will be on August 1st of this year. Presently, 5mil Helium tokens can be mined. After the halving, it'll be 2.5mil (it's halved every two years). There's 50,000 or so active hotspots around the world and this number is expected to grow to over 200,000 by the end of the year. A few months ago, it was common for hotspot owners to earn 100 - 400 HNT per per hotspot per month, but because so many hotspots are coming online as more people discover the Helium network, the number has been decreasing. After the halving, I expect people to earn no more than 30 HNT per IoT hotspot (can potentially earn more deploying 5G radios) per month, but if the price increases, I expect things to balance out a bit.
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