Crypto Startup Nova Labs Expands Mobile Phone Tie-In
- Helium hotspot users earn crypto tokens for providing coverage
- The company released a $5 plan for Miami residents in August
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In another example of crypto being back in vogue, Nova Labs Inc. is going nationwide with a mobile plan that costs $20 a month for unlimited text, talk and data, all while using blockchain technology, as well as the T-Mobile wireless network.
The move isn’t crypto’s first foray into telecommunications. Los Angeles-based Nova Labs launched a similar $5 offering in August under its Helium Mobile brand that was limited to customers in Miami. Other companies including Solana Labs and Sirin Labs, have developed blockchain mobile phones that saw mixed results.