World Mobile Token company info

What does World Mobile Token do?
World Mobile Token (CRYPTO:WMT) is a utility token that powers the World Mobile network, a decentralized mobile network that is being built to connect the world's unconnected. WMT is used to pay for transaction fees, to incentivize node operators to provide coverage, and to reward users for sharing their data. The World Mobile network is being built using a hybrid decentralized network architecture. This means that it combines the best of both worlds, providing the scalability and reliability of a traditional centralized network with the security and resilience of a decentralized network. The World Mobile network is still under development, but it has already made significant progress. The network is now live in Tanzania and is expected to launch in other countries in the near future. World Mobile has also partnered with a number of major organizations, including Telefónica and Vodafone, to help accelerate the rollout of the network.
World Mobile Token company media
Company Snapshot

What is the market cap for World Mobile Token?

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Market Cap
$101.18M

Where is the head office for World Mobile Token?

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Head Office
British Virgin Islands

What year was World Mobile Token founded?

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Year Founded
2020
What does World Mobile Token specialise in?
/Cardano /Cardano Ecosystem /Distributed Computing /DWF Labs Portfolio

What are the products and/or services of World Mobile Token?

Overview of World Mobile Token offerings
Data sharing rewards: WMT is used to reward users for sharing their data on the World Mobile network.
Mobile connectivity: WMT is used to pay for mobile connectivity on the World Mobile network.
Node rewards: WMT is used to reward node operators for providing coverage to the World Mobile network.
Staking: WMT can be staked to earn rewards and help secure the World Mobile network.
Token governance: WMT holders can participate in the governance of the World Mobile network by voting on proposals to change the network's parameters.
Transaction fees: WMT is used to pay for transaction fees on the World Mobile network.