True that, it mines using radio waves, to secure a 3g network. I wouldn't really call this a crypto/shitcoin as it's something that Bitcoin can not accomplish. And we need a new 3g and 5g network, one that doesn't Gouche people for there money. And that's what helium is trying to accomplish.
Discussion
Perhaps a bit more nuanced reply would have been appropriate. Sorry for that. In any case, I do support such things, just not with worthless tokens attached. A shitcoin is a shitcoin after all, no?
I do except this singular case. Because it's achieving things Bitcoin can't achieve. It's a totally different technological project. And the tokens you earn , are for helping provide proof of coverage for 3g and 5g. Imagine if you got paid by your cellphone company to help maintain there network. The token every few months I convert to bitcoin. Trust me I would love to just get bitcoin , same with I would love if my 9-5 paid bitcoin. But we get paid in shitcoins and fiat. And opt out with Bitcoin.