World Mobile is a blockchain-based mobile network that connects people globally and enables them to become network operators. Through the sharing economy, users can bring connectivity to unconnected regions and earn World Mobile Tokens (WMT) as rewards. The network facilitates various services and provides digital IDs for access to essential resources. As of now, World Mobile's project aligns with Shariah principles.
| Category | Details | Status |
|---|---|---|
| Legitimacy | World Mobile demonstrates legitimacy through several key factors. Firstly, the project provides clear information about its team, showcasing the individuals involved. Secondly, World Mobile maintains an active presence on social media, consistently updating and engaging with the community, which adds transparency to their operations. Additionally, World Mobile's transparent roadmap outlines their strategic plans, indicating a clear direction for the project's development. | Passed |
| Project | World Mobile is a blockchain-based mobile network that aims to connect people worldwide and empower them to become network operators. By tapping into the telecom industry, World Mobile allows individuals to bring connectivity to unconnected regions while earning rewards in the form of World Mobile Tokens (WMT). Transactions on the network occur when users engage in various services such as calls, texts, streaming, or accessing value-added services like finance and healthcare. Through the use of blockchain and the sharing economy, local businesses in unconnected areas can operate affordable network nodes and share in the rewards. Additionally, World Mobile provides digital IDs for users, granting access to digital banking, education, healthcare, and decentralized finance, enabling economic freedom for all. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | World Mobile Token (WMT) is the utility token that serves as the primary currency within the World Mobile network's sharing economy. It powers various aspects of the network and enables transactions to be conducted seamlessly. Customers using World Mobile services pay for calls, texts, and data using local currency, generating revenue for the network. EarthNode operators and stakers earn WMT for processing transactions and providing services to customers. World Mobile utilizes the network revenue to purchase WMT from open markets. The purchased WMT is then allocated as rewards to operators and stakers, completing the cycle. WMT's primary use case lies in facilitating transactions, incentivizing network participants, and enabling the smooth functioning of the World Mobile ecosystem. | Passed |
| Staking Method | World Mobile offers a staking and rewards system that allows users to earn World Mobile Tokens (WMT) by participating in different roles within the network. By becoming a node operator, individuals can provide telco services to customers or stake their WMT. The EarthNode role involves processing transactions and services, earning WMT as rewards. As an AirNode owner or operator, individuals can bring connectivity to users and earn rewards whenever someone connects to their AirNode. Staking WMT to node operators allows users to earn rewards and contribute to connecting the unconnected. Additionally, the AetherNode role enables users to bridge legacy infrastructure with World Mobile and earn rewards based on the traffic processed through their AetherNode. | Passed |
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