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World MobileTokenBlog
  • Welcome
  • Introduction
    • World Mobile Token
      • What is World Mobile Token?
      • How are WMTx and World Mobile linked?
      • Why connect the unconnected?
      • How do you sustain and deploy the sharing network?
      • What are our competitors doing?
      • How are WMTx rewards split?
      • How will WMTx be used for utility?
      • Why the need for a blockchain?
      • Why focus on a sustainable approach?
      • Self-data governance
      • Still not convinced? 🤔
  • FAQ & Support
    • Token Migration
      • Token Migration Guide
      • Self-troubleshooting token upgrade issues
      • What will happen to my WMT on CEXs and DEXs?
      • What is a token bridge?
      • What happens to my locked tokens or crypto loans during migration
      • General information on the Token Migration
      • Will WMTx be compatible with Ledger and Trezor?
    • Vault Support
      • What is the Vault?
      • Lost access to your Vault?
      • Unlock vault on a new device
      • Seed words don't work
      • How to locate your Vault .JSON File
      • Supported wallets
      • How to link your wallet to the Vault
      • How can I claim my unclaimed rewards from my old Vault?
    • Staking WMTx
    • How can I earn rewards and stake my ENNFTs?
    • How to Keep your Crypto Safe
    • Create a Support Ticket
  • Network
    • About the Network
      • Aya Testnet
      • Network equipment
      • Connecting remote locations
      • Customer support
    • What is an AirNode?
      • AirNode Sales and Ownership
      • World Mobile's Strategy and Expansion
      • Program and Technical Details
      • Batch Two, Drop One
    • What is an EarthNode?
      • What is an ENNFT?
      • How can I earn rewards with my ENNFTs?
      • How can I stake ENNFTs?
      • What happens if I forfeit my ENNFT?
      • Where can I see my ENNFT?
  • Token FAQ
    • Tokenomics
      • Token metrics and distribution
      • Token issuance governance
      • Token lockup periods for team and partners
    • TGE Archive
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  1. Introduction
  2. World Mobile Token

What are our competitors doing?

Currently, there are more than 1,000 Mobile Network Operators (MNOs) across the world, and still almost 50% of the world's population is unconnected!

There have been efforts by big tech companies to connect the unconnected, but even Google shut down its Loon project when it failed to find a sustainable business model.

Our innovative approach is drastically different to those of big tech companies, and we have the vision, technology and experience to finally connect the unconnected.

What stops the big tech giants from replicating WMTx?

The 1,000+ MNOs that make up the $2.7-trillion telecoms market still fail to deliver any service to a large percentage of the world's population. Facebook, Microsoft and Google represent the top tech companies attempting to connect the unconnected.

However, as shown by the failures of Google’s Loon project, they have been struggling to implement their solutions. We believe the reasons these companies fail are down to their inability to create a long-term sustainable business model.

Unlike these tech giants, we believe that a problem shared is a problem solved together. World Mobile is built around the sharing economy and incentivises sustainability by rewarding anyone who participates in the network.

World Mobile does not plan to compete with services like Starlink, as they are fundamentally different. Instead, we will be a potential customer for their backhaul service. You cannot just turn on Wi-Fi and connect to Starlink - there is still a need for infrastructure on the ground to support connectivity. This rules out any possibility that individuals would use the service in a remote area, as it would be very costly and impractical to set up for their own personal use.

By always being more than one step ahead of the competition, we will be able to realise our mission of sustainably connecting the unconnected.

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Last updated 7 months ago

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