Helium ($HNT) Could Be Generational

Don't Let the Market Meltdown Take the Air Out of Your Balloon🎈🎈

Helium may actually succeed in bringing an end to AT&T someday (it only took 140 years!), and that alone makes this an incredibly exciting opportunity. It’s a fantastic business with a great macro story, the right trends supporting it’s continued growth, and trades at a cheap valuation. Around it has also emerged a powerful community of collaborators, builders, and thinkers that are very open to sharing their well reasoned opinions. The feedback I got reaching out to twitter anons building on the project was as good as anything I ever got during my time working in I-banking at Goldman! This willingness to share insight is in line with the values espoused by the incredible group of founders, employees, and investors that Helium has assembled, and is their biggest asset.

Additionally, Helium claims to allow new wireless networks to be built 100x cheaper than traditional TelCos.  It can be to wireless networks what Bitcoin was to money, and Ethereum was to compute. Whether you want to see this special project grow, make a ton of money, or just catalyze the eventual burning of AT&T to the ground, this one is for you. I’ve attached the full investment thesis (in slide/picture form directly below, and a short ~400 word summary below that. Reach out if you want the deck.

Helium achieved product-market fit years ahead of competing projects by pioneering a new approach of bootstrapping network creation using tokens, with the thesis that early network formation requires outsized rewards.

500,000 physical routers have now been deployed, growing more than 10x YE 2021, and continues to grow rapidly supported by massive production backlogs – these backlogs will be remedied with additional producers.

The solution Helium offers has a Massive addressable opportunity in multiple networks (LoRa, Cellular, 5G, WiFi)… Winning any one of these would deliver huge return, winning multiple could produce generational outcome.

ROI remains very high to new purchasers of miners, likely driving continued rapid network growth in the short term: tokenomics are well reasoned to support growth.

5G and Low-Power networks have underlying market growth rates of >30% for N5Y, physical infrastructure spending is largest growth constant, a solution helium offers.

Helium claims to offer a cost structure 100x cheaper than traditional mobile operators who are planning to invest $200bn of CapEx into 5G in the next four years (40x HNT fully diluted value). While on the high side, even if this results in 50% lower wireless costs, this is a winner.

There are some world class investors in the project, including Multicoin, Ribbit, FirstMark, GV, Andreesen Horowitz and others (including another HF behemoth in the latest round): investors have played a large role in distribution of Helium story.

Importantly, the community listens, and works together on solutions to problems: a number of initiatives are in place to drive community engagement. This further accelerates the Helium flywheel of increasing value creation.

And that Flywheel was pretty damn powerful to begin with.

Lastly, the project is blessed with a strong, long tenured management team acting as evangelizers that ate glass for the first 5 years of the Helium project and have unwavering belief in the project’s success.

Only missionaries, not mercenaries can succeed in creating something revolutionary at this scale.

To conclude, $HNT is tremendous value. It’s a fantastic business, with a great macro story, the right trends supporting it, at a cheap valuation, with fantastic people involved. If you win on this one, boy will you win big!

Special Thanks to:

Tushar Jain (Multicoin) who’s research was tremendously helpful along the way

And to Twitter Natives @Danconia.Eth, @RichhomeConE, @CharlieSandor for their feedback!

PS.

In case you were wondering, the 🎈🎈 is the symbol of the Helium community