World Mobile Token (WMTX) Price

World Mobile Token (WMT) is a cryptocurrency launched in 2021and operates on the Cardano platform. More information can be found at https://worldmobiletoken.com.

What Is World Mobile Token?

World Mobile Token (WMT) is a mission-driven cryptocurrency designed to address one of the most pressing issues of our time: the digital divide. Nearly half of the world’s population, approximately 3.7 billion people, remain unconnected to the internet, lacking access to essential services like information, communication, and online banking. WMT aims to bridge this gap by leveraging blockchain technology and a unique sharing economy model to bring affordable internet access, data protection, and economic empowerment to underserved communities.

The World Mobile Network, powered by WMT, operates as a decentralized, community-owned system. By using renewable solar energy and unlicensed spectrum, World Mobile significantly reduces the cost of infrastructure and operational expenses. This innovative model not only provides internet access but also ensures long-term sustainability by sharing network ownership and maintenance with users. Through its decentralized digital ID feature, World Mobile offers unbanked populations access to online financial services, healthcare, and microcredit loans, furthering its mission to create economic freedom and secure connectivity for all.

How Does World Mobile Token Work?

World Mobile Token (WMT) is central to the World Mobile Network’s operations, serving as both an incentivization tool and a medium for transactions. Here’s how it functions:

Decentralized Network Ownership: WMT facilitates a decentralized network where users and node operators are rewarded for participating in the network. By contributing to network operations, users can earn WMT, creating a sustainable model that incentivizes expansion and maintenance. This community-owned approach aligns with World Mobile’s goal of keeping internet access affordable and widely available.

Staking and Transaction Processing: WMT can be staked to secure the network and earn rewards, promoting active participation and enhancing security. This staking process supports the network's decentralized structure while providing users with a way to earn passive income. WMT is also used to process transactions within the network, with Cardano’s smart contracts ensuring fast, low-cost, and secure interactions.

Privacy and Data Protection: World Mobile is committed to privacy as a core principle. Unlike many tech platforms, World Mobile does not profit from users' data, nor does it sell data to third parties. All data stored on the World Mobile Network remains under the control of the user, secured by blockchain technology and Cardano’s smart contracts, which provide transparent and reliable transaction records.

Digital Identity for Financial Inclusion: Through its decentralized digital ID feature, World Mobile offers users access to online banking, microcredit loans, and healthcare services, effectively enabling financial inclusion for unbanked populations. This digital ID is crucial for establishing economic independence, as it allows users to participate in the global digital economy securely and transparently.

In addition to these functionalities, World Mobile Token is expanding its reach by migrating to Base, Ethereum, and BNB Chain, with a new ticker, WMTX. This migration, supported by platforms like Bitrue and MK.Systems, will enhance the token's utility and accessibility across multiple blockchain ecosystems.

World Mobile Token's Founding Team

World Mobile Token was founded by Micky Watkins and Antonio H., two visionaries dedicated to using technology to bridge the digital divide. Micky Watkins, a seasoned entrepreneur with a background in telecommunications and blockchain, brings extensive experience to the project. His passion for leveraging decentralized systems to create lasting social impact has been a driving force behind World Mobile’s mission.

Antonio H. complements Watkins’ expertise with his background in renewable energy and decentralized systems. Together, they have crafted a unique model for World Mobile that incorporates sustainable energy solutions and a decentralized approach to connectivity. Their combined experience underpins the project’s focus on privacy, sustainability, and financial empowerment, aiming to create a lasting impact on global internet access and economic freedom.

World Mobile Token’s Tokenomics

World Mobile leverages blockchain technology and a decentralized, solar-powered network to provide Internet access and economic freedom for the 3.7 billion unconnected people. By using Cardano’s smart contracts, it ensures secure transactions and privacy, offering digital IDs that enable access to banking, loans, and healthcare services.
The total supply of World Mobile Token is currently capped at 2 billion tokens, with allocations as follows:
•    Co-founders 17.75%
•    Partnership 7.85%
•    WM Operation Fund 18%
•    Private Sales 2.5%
•    Public Sales 10%
•    WM Community Fund 2%
•    Incentive Rewards 3%
•    Early Incentive Rewards 2.5%
•    Node Operators and Stakers 29%
•    Team 1.5%
•    Advisors 5.9%