(WMT) Connect The Unconnected ? Can They Succeed Where Google Failed? Cardano Smart Contracts?

[Music] Street [Music] open welcome to underground crypto here we are again as I try to record this for the third time hopefully the audio actually record S I don't really know what the issue is there but this is Mobile World mobile token my mind wants to say Mobile World token so bad and that's just not what it is it is World mobile token or WMT is the ticker see that right here we're over on Twitter that was the only place that I could really find them I came across this coin um or project uh on crypto wier's live stream he was talking about it a good bit had a couple of things that I really like about it the fact that it was built on the cardono network has a very similar Mission you know cardano is a lot

about banking the unbanked if you don't know large part of the world Africa Middle East and stuff is unbanked and doesn't have access to regular banking services um and their mission is similar in the fact that they are trying to connect all of those who are unconnected basically through you know the internet and also um mobile services is and there's a huge telom um industry over there where a lot of times the phone minutes or data is used literally as currency in a lot of countries because it's more stable than their actual currency so what stuck out to me about this project is just how close their um you know call to action their reason for being is very similar and they're on the same network and so maybe this will catch traction so so as you can see

here's their website here which we will be visiting their pin post is from February 1st where they were highlighted in binance's dpin um report that comes out and it says that it's you know here in an emerging narrative so you know that's something you want to keep in your mind because narratives niches however you want to put it in crypto are where things seem to turn like right now we're very much in you know know a niche of salana and Defi and those kind of things and then it can shift to something else pretty quickly so eight hours ago let's see what they have going on here pioneering dpin Tech dpin seems like the niche expands influence and integrates new Services they got a post here at March 29th March 28th a good-look video we're just trying to get

a idea of how active they are and um how often they're posting and they have almost 50,000 followers which is pretty good they're followed by Martini guy if you know who that is then you know and let's go ahead and hop right over to the website World mobile token powering the Unstoppable mobile network Global tvl is given to us in their token so I this could be 50 cents worth of token I don't know but um I would rather see the US Dollar in tvl to be honest with you but this is what they're giving us here they got number of vaults I'm assuming a vault is like a wallet or you know a wallet also with a dashboard you'll see what I mean later when they give us an explanation of a vault token holders 34830 vaults 42721

you can see the number of vaults is higher than the number of tokens and then of course your max Supply over there earn WMT by connecting the World bring connectivity to everyone through the sharing economy distribute ownership of the network that's changing the world and disrupt the trillion doll telom industry for good there some bold claims how WMT Powers the world mobile network number one world mobile network or World mobile customers pay for calls tax data using local currency creating Network Revenue so where where is the money coming from in this network it's people literally using their local currency and things to buy data for calls and taxs number two Earth node operators and stakers earn WMT for processing Network transactions and services for their customers World mobile uses the network Revenue to purchase WMT from the open market

so they're taking the currency the they're getting paid for their data for their service basically and then they're going to go buy the WMT token so that money goes into the ecosystem and then they're going to pay everybody Affiliated that has earned some kind of you know money through them that has been promised some kind of um reward is going to get paid with that w&t that they purchased cuz who wants to get paid and some random currency from you know somewhere else in the world here in America I would I wouldn't want that you know I wouldn't want to be paid in money from Pakistan or something like that that wouldn't be real optimal I'd want the WMT token number four operators and stakers are allocated their rewards that world mobile purchase from the open market so that

was already explaining that the supply of WMT is fixed even as the network grows that's really good for Price go up own it share it earn it rewards are earned by becoming a node operator and providing Telco services to their customer or staking your WMT Earth node power the network fuel the world mobile token and earn WMT by processing transactions and services through your Earth node air node Runs run the network so the Earth node Powers a network and the air nodes run the network become an air node owner or Operator by and bring connectivity to the world from anywhere earn rewards every time a user connects your air node to surf the web I'm assuming call or text staking join the movement earn rewards by staking your W mt2 node operators and join us in the connecting in

connecting the unconnected and then you have an Aether node and they connect the last mile bring the distance between Legacy infrastructure and World mobile to connect countries earn rewards for the traffic process through your Aether node all right this can be the biggest mobile network in the world and I guess this is a quote from Tech crunch which I'm not familiar with and you see they have some different articles here from some different places I'm sure we know Forbes and CNN and Bloomberg but you might not know bitcoinist and new BT T C or Tech crunch cuz I don't really don't really know those um different places journalism all right so internet blimps are coming to Zanzibar can but can a UK company succeed where you where Google failed all right so a couple things in this headline that

make you uh maybe raise an eyebrow one Zanzibar no idea where that is um it's got to be in the Middle East I'm assuming and then a UK company so they're telling us that this world mobile is a UK company and that Google tried a similar Mission and didn't succeed um why did Google fail Google has tons of money and power and influence and recognition all those things why is this company going to succeed where Google failed I don't know maybe they just understand um the angle to come from to make this work that Google just didn't understand because how much does Google really know about blockchain I don't know and then here is a blimp here I thought this picture was interesting I'm not going to read this article um you can find this on their website that

I got to from just typing in World mobile token on Twitter and uh it says World mobile it's got this blimp you can see over here it's got some you know looks like some fans and things it's keeping this thing up in the air I'm assuming this is the air node this is something that you would fly up in the sky so that people can get reception connection um surf the web make phone calls connect you know places where they don't really have that infrastructure I'm assuming that's what this is obviously one has to beg the question how is the power in some of these companies I know there's a lot of countries where power is not running 24/7 what happens if this loses power does it just you know gently come down to the ground and not a

big deal or does it come down hard and this um you know this stuff could get damaged just something I was thinking from looking at it I'm assuming this is an air node um world mobile is launching tethered balloons as part of a network providing internet coverage to Tanzania Island okay so maybe Zanzibar is in Tanzania I don't know okay the Tanzanian island of Zanzibar so yeah we're not going to harp on that for a long time by any means we're going to keep going the Vault securely manage your nodes track rewards and stake WMT in your non-custodial Vault own and control everything from your Vault manage your rewards in one place store and encrypt your information on your chosen device start earning rewards with WMT create your Vault connect your wallet change the world stake your tokens or

become a node operator Ator watch your earnings grow with the network join the global movement that's connecting the world and disrupting a trillion dooll Telco industry and then you can never miss an update from them by subscribing and putting your email in not going to do that personally then right down here if you look at their partners of course chain link cuz who is chain link not partnered with but you see Sunday swap um and that tells you this must be on the cardono network um and it must be using cardano smart contracts right powering the Unstoppable mobile network we got some community links here they do seem to have a YouTube Do they have any videos put out would be a darn good question all right wow they do actually have some videos here this one air node

sales platform is you know an hourong Community update an hour long 3 weeks ago 2 weeks ago 2 days ago so I mean there seems to be quite a few videos does it tell us how many videos 97 videos all right and they have 5.5 th000 subscribers so um that's a little better than I expected and better than I see from a lot of projects that is for sure so let's hop over to Discord so this is their Discord we're in the announcement sections there's not a ton to see here I just thought this was interesting and it just kind of shows you where this project is really growing where it is really um taking off I guess because they have 839 air nodes which I'm assuming are those blimps in Pakistan I don't know a ton about Pakistan

I'll be honest about that I don't know how their infrastructure is how their cellular data I don't know how any of that stuff really is over there but having 839 of them in Pakistan probably allow ing this um Network to be usable CU I mean obviously if they had like a hundred of them probably not enough but I don't know how many they really need CU even I'm assuming that this picture we're looking at here is Pakistan and 839 of those um is not that big matter of fact we'll we'll do some due diligence and actually bring this up I don't recognize any of this I don't know if this is Pakistan or or not all right and then Zanzibar they have 646 and then there's five of them in the United States now kind of begs the question

of why in the world would we need five of them in the United States doesn't seem like five of them is enough to really create much of a network here and who in the United States doesn't have cellular service very few people I mean some young kids might be just using an iPhone off a WiFi from the different places that they go and not having a cellular data but Wi-Fi itself is very accessible here in the United States Let's see we got some TV looking stuff World Mobile TV live so they have their own TV I don't even know what that means World mobile pioneering deepin Tech expands influence and integration I'm assuming is what that says give it a little fire Emoji um yeah another thing I was looking at is didn't really look like there was an

English Channel here this project seems to be mostly based um elsewhere in the world so you could always join their Discord server you can get to their Discord server from their website which you get to from Twitter all right I think that pretty much sums up everything that I wanted to show you [Music] um