The decentralized wireless network World Mobile has surpassed two million daily active users, marking a significant milestone in its goal to increase global connectivity. The accomplishment comes at the same time as the announcement that World Mobile Token ($WMTX), its native token, would be listed on the U.S.-regulated cryptocurrency exchange Kraken on September 4—the asset’s first listing on a U.S. exchange.
Strong acceptance in the United States, Asia, and Africa, bolstered by over 60,000 AirNode hardware devices that link communities directly to its blockchain-powered network, has contributed to World Mobile’s user base expansion.
World Mobile Chain (WMC) uses $WMTX as its native gas token and functions as an EVM-compatible Layer 3 that settles on Base, guaranteeing that each user transaction on-chain directly contributes to network activity.
Micky Watkins, World Mobile Group CEO stated:
“Surpassing two million daily active users on-chain is a testament to the power of our decentralized approach. This milestone proves that our vision for an open, fair, and inclusive telecoms network is not just possible, it’s happening now.”
More liquidity and access to the World Mobile ecosystem will be made available to customers worldwide with the impending $WMTX listing on Kraken. The multi-utility asset at the core of the DePIN-powered telecom solution is $WMTX, the gas token of the World Mobile Chain, which also drives staking. World Mobile also has a buyback program in place, utilizing subscriber money to finance purchases of $WMTX from the open market.
Watkins added:
“Kraken’s decision to list $WMTX adds to the momentum building behind World Mobile Chain following its mainnet launch, while paving the way for further partnerships and integrations that will extend its utility. It’s a validation of everything we’ve been working towards, and will bring an influx of liquidity and users to power the next phase of World Mobile’s growth.”
In addition to connecting with Token Terminal, which provides data to Bloomberg and Binance, World Mobile has already drawn significant partners, such as PwC and DITO. To further improve transparency for institutional and retail customers, the platform now provides a dedicated dashboard that lists $WMTX metrics and other on-chain data points.
World Mobile is at the vanguard of on-chain adoption thanks to its strategy of community-owned nodes and blockchain-enabled infrastructure, which is predicted by the World Economic Forum to grow the DePIN industry to $3.5 trillion in three years. In order to be ready for a complete permissionless launch soon, the business is now enrolling builders and partners to its developer mainnet.
With its Decentralized Physical Infrastructure Network (DePIN), World Mobile is transforming global connectiivty by enabling people and communities to build, maintain, and profit from telecom infrastructure using blockchain-driven financial incentives. Visit https://worldmobile.io to find out more.
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