The Rise of Decentralization in Mobile Networks: A Deep Dive into Mobile Network and Its Role in DePIN

Mobile Network is a subnet of the Helium network's mobile network business, aimed at building a widespread 5G network through crowdsourcing. Users can purchase dedicated 5G hotspot devices and connect CBRS radios to deploy network coverage, thereby earning $MOBILE token rewards.

As an important participant in the DePIN ( decentralized physical infrastructure network ) track, Mobile Network has advantages in the following aspects:

1. The prospects of the industry are broad. The wireless communication market in the DePIN sector is enormous, with an annual growth rate of 30%-35%, of which mobile networks account for 70% of the share.

2. Relying on the rapid expansion of the Solana ecosystem. Successfully migrated to Solana in April 2023, leveraging its strong momentum and rich ecosystem to bring more user traffic and development space.

3. The demand for network usage is strong. Currently, it accounts for nearly 90% of the Helium network's usage, with an average daily consumption of about $2000 in DC (Data Credits).

4. The characteristics of low barriers to entry and high coverage are conducive to forming a positive cycle. It stimulates buying pressure for tokens and encourages active participation from the supply side, making $MOBILE a strong driver in establishing user awareness.

5. Establish partnerships with leading operators, such as T-Mobile, Telefónica, etc., to accelerate business expansion.

In terms of the token economic model, Mobile Network adopts the following design:

• Total supply cap is 230B $MOBILE
• Adopt a emission reduction mechanism, halving every 2 years
• Mainly allocated to network participants ( such as hotspot providers ), mappers, and stakers.
• Introduce Onboarding Fee mechanism to expand token consumption scenarios.
• Obtain $veMOBILE through staking for network governance

Compared to competitors Pollen and xNET, Mobile Network is in a leading position in terms of business line richness, network usage rate, and other aspects. However, it also faces challenges such as device limitations and potential regulatory risks.

Overall, Mobile Network, as an important participant in the DePIN track, is expected to achieve rapid growth in the field of decentralized mobile networks, thanks to its technological advantages and innovative business model, becoming an important force in promoting the development of the Helium ecosystem.