The intersection of energy and decentralized networks is proving to be a game-changer. Srcful and Helium, two pioneering companies, have joined forces to reinvent the energy markets, empowering individuals and communities to become active participants in the sustainable energy transition.
Helium’s Expansion Beyond Wireless Connectivity
Helium, a renowned name in the blockchain industry, has been exploring avenues to expand its network beyond just wireless infrastructure for over two years. With its core ethos of making it easy for individuals to participate in building infrastructure networks, Helium is now aiming to become a ‘network of networks’ that supports various real-world verticals, including the energy sector.
Srcful’s Unlocking Residential Energy Potential
Srcful, a visionary company, has set its sights on unlocking the potential for homeowners to participate in energy markets they have traditionally been excluded from due to their small scale. By leveraging the Helium community and infrastructure, Srcful plans to provide connectivity, validation, and an incentive model for residential distributed energy resources, such as solar panels and batteries.
Coordinating and Incentivizing Residential Energy Resources
The goal of this collaboration is to coordinate and incentivize the use of residential distributed energy resources to create a decentralized energy network. This groundbreaking approach aims to empower homeowners to become active participants in the energy ecosystem, contributing to a more sustainable and resilient energy future.
Dual Mining and Revenue Sharing
Existing Helium hotspot owners can ‘dual mine’ the Srcful subDAO token using their current hardware. The data transfer and energy dispatch revenue generated by the Srcful network will accrue value to the H&T token through data credit burns and revenue sharing. This innovative model demonstrates the expanded use case for the H&T token beyond just wireless connectivity, potentially leading to a revision of Helium’s total addressable market (TAM).
The collaboration between Srcful and Helium reflects a profound shift in the energy landscape, where the principles of decentralization, community empowerment, and sustainable energy solutions are converging to create a more equitable and resilient energy future. As the energy and cryptocurrency sectors continue to evolve, industry experts and enthusiasts alike will be closely watching the impact of this partnership.