World Mobile Token WMTX

1. Summary

Ranks

Liquidity

98

Developer

-

Social

88

Momentum (beta)

41

Stack Rank™

-

Price

$0.18 +6.9%

Market Cap

$131.36M (#362)

Supply

697.18M / 2.00B

Tags

Arbitrum Ecosystem Ethereum Ecosystem BNB Chain Ecosystem Cardano Ecosystem Base Ecosystem DePIN DWF Labs Portfolio

More Metrics

Price
52W High price	$0.60
52W High date	13th Dec 2024 (4 months ago)
All Time High (ATH) Date	17th Feb 2022 (3 years ago)
ATH Price	$0.98
% From ATH	-79.35%
All Time Low (ATL) Date	20th Jun 2023 (1 year ago)
ATL Price	$0.10
% From ATL	106.35%

Supply & Trading Volume
Trading Volume (24h)	$10.46M
Total Supply	2.00B
Max Supply	2.00B
Circulating Supply	697.18M

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Description

World Mobile Token (WMT) is the utility token for the World Mobile Network, a global mobile network based on blockchain technology. It is used to incentivize participants who support the operation of the network by delegating their WMT stake to node operators (stakers) and node operators themselves. WMT is built on the Cardano blockchain infrastruc...

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World Mobile Token (WMT) is the utility token for the World Mobile Network, a global mobile network based on blockchain technology. It is used to incentivize participants who support the operation of the network by delegating their WMT stake to node operators (stakers) and node operators themselves. WMT is built on the Cardano blockchain infrastructure and enables a sharing economy model, allowing local business owners to purchase affordable network nodes and share the rewards.

Network Deployment

World Mobile has successfully deployed its network in several regions, including Zanzibar, Pakistan, the USA, and the UK. It is focused on connecting the unconnected through cellular AirNodes, which act as local relays for internet connectivity.

Token Use

WMT is used to reward node operators and stakers for providing telco services and processing network transactions. The supply of WMT is fixed, even as the network grows. World Mobile uses network revenue to purchase WMT from open markets, which are then allocated to node operators and stakers as rewards.

Distribution

WMTs are distributed among various groups, including private sales, public sales, incentive rewards, early staking rewards, advisors, co-founders, team, partnerships, community funds, and operations funds. The token distribution is designed to ensure the sustainable growth and development of the network.

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