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

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

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London, England, January 23, 2025, Chainwire

World Mobile, the decentralized wireless network, has announced the launch of its service $25 million grant program In collaboration with Teneti. The initiative, which aims to foster decentralized physical infrastructure network (DePIN) innovation, promises to catalyze a new wave of blockchain-based solutions that blend decentralized technologies with physical infrastructure.

World Mobile has partnered with Tenity, an early stage investment firm and global leader in innovation and startup accelerator programs, to administer the grant program. With a presence in six international hubs and a proven track record of facilitating more than 250 startup collaborations, Tenity has supported many successful projects in the Web3 space, working with global partners such as VISA, SIX, Ripple and Microsoft.

Through this partnership, Tenity will leverage its expertise to identify and mentor projects capable of addressing key challenges in decentralization, blockchain adoption and governance and incubate them to build on the World Mobile Chain.

“By partnering with Tenity, we are ensuring that the World Mobile Chain Grant program not only funds projects, but provides the guidance and resources needed to drive impactful, scalable innovation,” said Mickey Watkins, CEO of World Mobile Group. “This collaboration reflects our commitment to empowering developers who share our vision of a decentralized and inclusive future. Together, we can unleash the potential of DePIN to transform communications and expand connectivity for underserved communities.”

“We are excited to partner with World Mobile on this transformative initiative. The World Mobile Chain Grant program is an exceptional opportunity for developers to push the boundaries of blockchain and decentralized infrastructure. We look forward to guiding these projects and helping them achieve impact,” said Andreas Itten, CEO of Tenity. Useful in the DePIN ecosystem.”

The $25 million grant program offers funding starting at $5,000 and is open to a diverse range of applicants, from early-stage startups to established enterprises. Its goal is to stimulate innovation across the DePIN ecosystem, with a particular focus on:

  • Decentralized Communications: Infrastructure and services that enable secure and scalable communication.
  • Cross-chain interoperability: Bridging Web2 applications with Web3 ecosystems.
  • On-chain governance and security: Developing models and practices that enhance network resilience.
  • Decentralized identity management: Leveraging zero-knowledge technologies for privacy and security.
  • Tokenize real-world assets: creating blockchain-based solutions that connect the physical and digital worlds.

The World Mobile Chain Grant Program builds on the capabilities of the World Mobile Chain (WMC), which last week reached a significant milestone with the launch of its public test network. WMC is the first blockchain designed specifically for decentralized physical infrastructure (DePIN) networks. WMC, an EVM-compliant Layer 3 developed on Base, provides a high-performance platform that has already attracted many projects, including recognized industry leaders, who have chosen to build on WMC instead of other blockchains.

The partnership with Tenity and the launch of the World Mobile Chain Grant Program represents a pivotal step in World Mobile’s mission to create a more inclusive and decentralized communications ecosystem. By combining funding, mentorship and technical resources, this initiative aims to open new opportunities for innovators and investors alike.

About the mobile world

World Mobile democratizes global connectivity through its blockchain-based decentralized physical infrastructure network (DePIN). Unlike traditional telecom providers, World Mobile operates on a sharing economy model, enabling individuals and communities to run nodes, connect their networks, and earn rewards. For more information, visit: https://worldmobile.io.

About Tenity

Tenity is a global innovation ecosystem and early-stage investor with expertise in Web3 and FinTech. Since 2015, Tenity has managed more than 100 corporate innovation programs and supported more than 250 collaborations globally. Its graduates have achieved great success, securing funding and expanding internationally. For more information, visit: https://www.tenity.com.

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Mike Blake Crawford
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