| General information | |
|---|---|
| Global rank: | 301 |
| Name: |
World Mobile Token |
| Symbol: | WMT |
| Current coin price (MYR): | 1.18 RM |
| Last hour: | arrow_upward0.050 % |
| Last 24 hours: | arrow_downward-0.140 % |
| Last 7 days: | 19.60 %trending_up |
| Capitalisation (MYR): | 578 589 852.56 RM |
| Volume 24h (MYR): | 379 237.93 RM |
| Available supply: | 491 838 755.00 WMT |
| Total coin supply: | 2 000 000 000.00 WMT |
| Start date: | 2021-06-28 |
World Mobile Token/Malaysian Ringgit (WMT/MYR) price chart
World Mobile Token/Malaysian Ringgit (WMT/MYR) capitalisation and volume charts
World Mobile Token (WMT) is a utility token that is integral to the World Mobile Chain, a collaboration between Input Output Global and World Mobile. This token is designed to power the sharing economy of World Mobile's global mobile network, which aims to democratize access to digital, financial, and social services, particularly in Africa.
World Mobile, launched in 2018, is focused on connecting under-connected communities across the world. It operates on the principle that internet access is a fundamental right. The project is committed to delivering universal, affordable, and high-quality connectivity, emphasizing regions that have been traditionally underserved in terms of internet access.
WMT is used for all transactions on the World Mobile network, including calls, data usage, and wallet transactions. These tokens are paid out to node operators and token stakers as rewards for their participation in the network. Additionally, customers can use WMT to pay for services like streaming, gaming, and e-commerce through the World Mobile app. The token also plays a crucial role in network security and decentralization, as nodes use it for staking to maintain consensus, similar to the functioning of the Cardano blockchain.
Micky Watkins is the founder and CEO of World Mobile Group.