cryptonews.net
The rising price of the MOBILE token is leading to new registrations and a large number of suspicious accounts at Helium Mobile, which on Monday changed the rules governing the payment of crypto rewards as part of its cell plan. New Helium Mobile subscribers must wait eight days before they can claim the MOBILE tokens they should receive in exchange for sharing their location through Discovery Mapping, according to the company’s terms of service updated on December 18. Some customers farmed MOBILE tokens for seven days and then canceled their plan, receiving a full refund and hundreds of dollars in MOBILE tokens. The changes will make it impossible for them to game the program.
Since launching this low-cost plan nationwide in early December, it has seen explosive growth in new customers, as well as interest in its unique mechanism for paying users in cryptocurrency. Helium Mobile’s cellular service operates on both T-Mobile towers and Helium’s own private access points. Hotspot operators receive MOBILE tokens as payment, as do phone subscribers who choose Helium Mobile’s location tracking service.
According to CoinDesk, Helium Mobile subscribers using Discovery Mapping earn more than 2,000 MOBILE tokens per day. That’s enough to cover the cost of Helium Mobile’s $20 monthly subscription in just two days. MOBILE’s booming price, up more than 2,000% this month, has helped attract thousands of new customers to Helium Mobile as well as its mapping service. On Sunday, more than 6,700 wallets received rewards in MOBILE, according to data from website Helium Geek, more than double the number the week before.
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