Helium Network HNT Expands to Brazil via Mambo WiFi Partnership in Major DePIN Move

The Helium Network, a leading decentralized wireless infrastructure project, has announced a strategic expansion into Brazil through a partnership with Mambo WiFi. This collaboration marks a significant breakthrough in the DePIN (Decentralized Physical Infrastructure Networks) sector, aiming to deploy and incentivize decentralized wireless coverage across the Brazilian market. The integration will leverage Helium's blockchain-based model, where hotspot providers are rewarded with HNT tokens for building and maintaining network coverage. This move into a major Latin American economy represents a pivotal step in Helium's global growth strategy, potentially increasing utility and demand for the HNT cryptocurrency. The partnership with Mambo WiFi, a local connectivity provider, is expected to accelerate the adoption of decentralized wireless solutions in the region.