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Helium has been exploring expanding its network beyond just wireless infrastructure for over two years. Helium is aiming to become a ’network of networks’ that supports various real-world verticals like energy. Helium’s core ethos of making it easy for individuals to participate in building infrastructure networks aligns with this expansion.
Sourceful aims to unlock the potential for homeowners to participate in energy markets they are currently excluded from due to their small scale. Sourceful plans to leverage the Helium community and infrastructure to provide connectivity, validation, and an incentive model for residential distributed energy resources. The goal is to coordinate and incentivize the use of residential distributed energy resources, such as solar panels and batteries, to create a decentralized energy network.
Existing Helium hotspot owners can ’dual mine’ the Sourceful subDAO token using their current hardware. The data transfer and energy dispatch revenue generated by the Sourceful network will accrue value to the H&T token through data credit burns and revenue sharing. The expanded use case for H&T beyond just wireless connectivity could lead to a revision of Helium’s total addressable market (TAM) for the token.
Image: Asia Crypto Today