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World Mobile Token (WMT) is a utility token designed to power the World Mobile network, a decentralized mobile network that aims to connect the unconnected using blockchain technology.
It is used for staking to support network operations, and users are rewarded for staking the token. The token also plays a role in decentralized digital identity, allowing users to access services like online banking, microcredit loans, and telepresence.
Significant events for World Mobile Token include its migration to multiple blockchain platforms and a token swap to WMTX, which stands for World Mobile units of account expressed in X-chain.
This signals a shift from single-chain to multi-chain capabilities, introducing Base, Ethereum, and BNB Chain into the network.
The network is launching a new token, which will be used to support the next phase of growth and expansion.
This initiative will provide users with advanced functionalities and services, powered by Cardano's smart contracts, which are renowned for their speed, low fees, and superior security standards.
The goal is to create a more seamless and efficient user experience, unlocking new possibilities for users to connect, communicate, and engage within the World Mobile ecosystem.
World Mobile is a decentralized mobile network that is focused on connecting the unconnected using blockchain technology.
The company is disrupting the traditional telecom industry by creating a sharing economy model for mobile communications.
It is a mission-driven cryptocurrency that is focused on bridging the digital divide.
The network’s vision is to provide internet access, data protection, and economic freedom to billions of people.
Those who become an AirNode operator or a token staker can earn rewards for providing telecom services or staking.
World Mobile Token is a multi-chain migration. It is currently in Base, Ethereum, and BNB Chain.
The network is able to benefit from the strengths of each blockchain.
It is also launching a new token, which will be used to support the next phase of growth and expansion.
This initiative will provide users with advanced functionalities and services, powered by Cardano's smart contracts, which are renowned for their speed, low fees, and superior security standards.
The goal is to create a more seamless and efficient user experience, unlocking new possibilities for users to connect, communicate, and engage within the World Mobile ecosystem.
Those who become an AirNode operator or a token staker can earn rewards for providing telecom services or staking.
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