World Mobile Partners with Tenity, Unveils $25 Million Grant Program to Drive DePIN Innovation

World Mobile Announces $25 Million Grant Program for Decentralized Infrastructure Innovation

World Mobile, the decentralized wireless network, has launched its $25 million Grant Program in collaboration with Tenity. This initiative aims to foster innovation in Decentralized Physical Infrastructure Networks (DePINs).

Collaboration with Tenity

Tenity, a global leader in innovation programs and startup acceleration, will manage the Grant Program. Tenity's expertise will identify and mentor projects that address key challenges in decentralization, blockchain adoption, and governance.

Funding and Objectives

The Grant Program offers funding starting at $5,000 to applicants ranging from early-stage startups to established enterprises. It focuses on supporting innovation in the DePIN ecosystem, including:

• Decentralized Communications: Enabling secure and scalable connectivity
• Cross-Chain Interoperability: Bridging Web2 and Web3 ecosystems
• On-Chain Governance and Security: Enhancing network resilience
• Decentralized Identity Management: Utilizing zero-knowledge technologies for privacy and security
• Tokenization of Real-World Assets: Creating blockchain-based solutions that connect the physical and digital worlds

Powered by World Mobile Chain

The Grant Program is supported by the World Mobile Chain (WMC), a blockchain purpose-built for DePINs. WMC provides a high-performance platform that has already attracted projects and industry leaders.

Significance

The partnership with Tenity and the launch of the Grant Program mark a pivotal step for World Mobile in creating a more inclusive and decentralized telecom ecosystem. This initiative unlocks opportunities for innovators and investors to contribute to a connected, decentralized future.

About World Mobile

World Mobile is a blockchain-based DePIN that democratizes global connectivity. Individuals and communities can run nodes, connect networks, and earn rewards through a sharing economy model.

About Tenity

Tenity is a global innovation ecosystem and early-stage investor specializing in Web3 and fintech. With over 100 corporate innovation programs managed and 250 collaborations globally, Tenity supports startups and alumni with funding and international scaling opportunities.

Disclaimer: This press release does not constitute investment advice.