• World Mobile has launched a token buyback program to support the sustainable growth of its sharing economy.
• The firm has also successfully completed field tests of its DeWi technology in several African countries.
• The organization’s treasury will acquire its native utility token, WMT, from the open market and distribute rewards to participants of its ecosystem.
World Mobile Launches Token Buyback Program
World Mobile, a blockchain-based mobile network, has launched a token buyback program to support the sustainable growth of its sharing economy. As part of this initiative, the entity’s treasury will acquire its native utility token, WMT, from the open market and distribute rewards to the participants of its ecosystem. This initiative is aimed at benefiting key contributors who have played a pivotal role in the development of the network and fostering a robust and sustainable sharing economy that benefits all participants.
DeWi Technology Field Trials
World Mobile recently completed field tests of its Decentralized Wireless Infrastructure (DeWi) technology in Nigeria, Kenya, and Mozambique. These trials demonstrated the scalability of their hybrid-connectivity solution, indicating potential expansion of services across Africa.
Value Of WMT Surges
The value of WMT has surged by nearly 5% in the last 24 hours, surpassing $0.10 as per data from CoinMarketCap. This surge serves as an effective mechanism to provide added value to users and signifies a considerable stride towards mass adoption for World Mobile’s blockchain-based mobile network..
World Mobile’s primary objective is to create a self-sustaining mobile ecosystem that offers customers an opportunity to earn revenue while maintaining greater control over data and infrastructure. The token buyback program aligns seamlessly with this long-term vision and serves as an effective mechanism for providing added value to users across their platform.
Real-World Revenue For Buybacks
Executing the buyback program with real world revenue signifies a considerable stride towards mass adoption for World Mobile’s blockchain based mobile network and reinforces overall stability within their platform’s ecosystem