World Mobile sees 2 million daily users

World Mobile, a blockchain-powered telecom startup working on boosting connectivity in underserved regions, now has more than two million daily users, as per the latest info shared with Finbold on Thursday, September 4.

The record numbers have been fueled by adoption both in the U.S. and abroad, in particular in Asia and Africa, where more than 60,000 of the company’s so-called “AirNodes” are already bringing local communities to a decentralized network

Moreover, the user milestone largely coincides with the launch of the native World Mobile Token (WMTX) on Kraken today (the first time the asset will be available to American investors on a mainstream platform).

World Mobile Token debuts on Kraken

Built as an Ethereum (ETH) Virtual Machine (EVM) compatible Layer 3 (L3) capable of settling on Coinbase’s Base chain, WMTX powers all of World Mobile’s on-chain activity, from basic transactions to staking.

The Kraken listing is expected to provide fresh liquidity and exposure to the token, which sits at the heart of the company’s decentralized physical infrastructure network (DePIN) model

With the World Economic Forum forecasting the DePIN sector to hit $3.5 trillion in the next three years, World Mobile expects to capitalize on the trend, having already begun onboarding developers to its mainnet and preparing for a fully permissionless launch in the near future.

In addition, World Mobile has also introduced a buyback program, meaning users can buy tokens on the open market with income generated from customers.

Micky Watkins, World Mobile Group CEO, thus hopes the project’s momentum will pave the way for further partnerships that will extend its utility.

The startup has already seen some high-profile partnerships, including those with PwC and DITO, as well as an integration with analytics provider Token Terminal, whose data feeds Bloomberg and Binance.

Bloomberg