What is World Mobile Token (WMT)?

What is World Mobile Token (WMT)?

World Mobile Token is a platform that utilizes blockchain">blockchain technology to create a sharing economy for telecommunications infrastructure. By employing a shared economy model, the platform provides a network infrastructure that supports efficient design and operations, ultimately leading to more flexible connectivity for users. Not only does the use of blockchain technology provide transparency and eliminate intermediaries, but it also allows for rapid network expansion through the use of smart contracts. Plus, users can benefit from a proven and guaranteed reward system. Interestingly, the platform aims to address the global issue of nearly half of the world's population remaining unconnected by offering alternatives to current operators' energy consumption, which accounts for 20-40% of network operating expenses.

Who are the Founders of World Mobile Token (WMT)?

Micky, the Founder and CEO of World Mobile Group, is a forward-thinking telecoms entrepreneur. With VC and private funding from institutions like Deutsche Telekom and Carmel Ventures, Micky has raised millions. He's also the mastermind behind Yallo, the first-ever VOIP platform. Over the last ten years, he has dedicated himself to developing innovative solutions and business models that revolutionize the way we connect with each other.

How does World Mobile Token (WMT) Work?

The platform utilizes a reduced-power architecture and a solar and battery solution to minimize operating costs even further. Additionally, the sharing economy concept helps lower maintenance, security, and leasing costs, while also incentivizing node operators to expand the network and its services. Through this approach, the platform can offer a scalable token-based solution that optimizes resource allocation and reduces operational expenses. To make the sharing economy work, the platform requires a distributed network with three layers of nodes: Earth nodes for authentication, identification, inter-node connectivity, and telecommunications; Air nodes for coverage and internet connection for users; and Aether nodes that serve as a connection to legacy telecommunications providers.

What is the WMT Token?

The main utility token for the platform is WMT, which is built on the Cardano blockchain. Its main purpose is to encourage both token holders and node operators to contribute to the network's operation by delegating their tokens. The network aims to ensure that everyone has equal access to the internet by staking WMT.

Conclusion

The World Mobile Token is not just any cryptocurrency. It's a solution that aims to bridge the internet accessibility gap and harness the power of crypto technologies to drive transformation. With a focus on digital inclusivity and empowering the interconnected, the World Mobile Token is a game-changer in the crypto space, and it's helping to create a more interconnected world.