World Mobile, a decentralized wireless network innovator, has announced its strategic collaboration with Tenity to unleash an advanced Grant Program worth $25 million. This groundbreaking initiative is announced to be held today in London. It strives to boost innovation in Decentralized Physical Infrastructure Networks (DePIN). It further aims to merge real-world infrastructure with blockchain technology.
Tenity, by partnering with World Mobile, will provide developers with advanced mentorship while managing the grant program. It possesses over 250 corporate partnerships. This track record includes collaborations with giants such as VISA, Ripple, and Microsoft. With this vast knowledge, Tenity aims to identify and nurture the projects, striving to address the challenges and governance of blockchain adoption.
The World Mobile Grant Program utilizes the expertise of Tenity to give developers a chance of funding with critical resources. With this advancement, the platform is set to create impactful and scalable solutions backed by blockchain.
World Mobile to Unveil the Ecosystem of DePIN
The $25 million program is introduced to a wide range of applicants. This diversity includes the range from early-stage startups to well-established companies. World Mobile provides funds to enterprises starting at $5K. With this investment, the platform aims to drive innovation in sectors like cross-chain interoperability, decentralized communications, and the tokenization of real-world assets.
The CEO of World Mobile Group, Micky Watkins, highlights the significance of this partnership. He states, “This collaboration reflects our commitment to empowering developers who share our vision of a decentralized, inclusive future. Together, we can unlock the potential of DePIN to transform telecoms and expand connectivity to underserved communities.”
The success of the World Mobile Chain (WMC) is the manifestation of this advanced initiative. WMC is the first blockchain purpose-built for DePIN which launched its public testnet recently. It aims to attract top projects by offering a high-performance Layer 3 platform.
A New Phase for Blockchain-Based Connectivity
The partnership between World Mobile and Tenity represents the mission of World Mobile. The network aims to make telecom services decentralized via its groundbreaking sharing-economy model. The alliance gives users a chance to manage nodes while earning rewards.
World Mobile, by partnering with Tenity, aims to align its vision with a future having more inclusive and decentralized telecom. By doing this, the platform strives to create a link between Web2 and Web3. this advancement gives opportunities to innovators and investors to reinvent industries to improve connectivity around the world.