World Mobile, a decentralized communications platform, shared details of its strategic collaboration with Tenity, a global investor in early-stage projects. The two are inviting all Decentralized Physical Infrastructure Network (DePIN) protocols to join the $25 million grant program.
World Mobile and Tenity are offering a $25 million grant program
Mobile worldThe decentralized wireless network announced the launch of its $25 million project 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.
1 million users, one powerful message: DePIN is the future!
📡 World Mobile reached 1 million daily active users in less than 1,000 days, proving that together we are unstoppable.
💪 This is just the beginning, join us and be part of the revolution! pic.twitter.com/Nxb8Q0aVyJ
– World Mobile (@WorldMobileTeam) January 22, 2025
Within the framework of this partnership, Tenity is set to leverage its expertise to identify and mentor projects capable of addressing key challenges in decentralization, blockchain adoption and governance and to incubate them to build on the World Mobile Chain.
Program grants start at $5,000 and can be distributed among applicants in five tracks: decentralized communications, cross-chain interoperability, on-chain governance and security, decentralized identity management, and tokenization of real-world assets (RWAs).
Mickey Watkins, CEO of World Mobile Group, invites all DePIN and RWA innovators to apply for funding from the new programme:
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 and scalable innovation. 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.
Since its launch in 2015, Tenity has managed more than 100 corporate innovation programs and supported more than 250 collaborations globally.
World Mobile Chain launches its public testnet
Andreas Itten, CEO Tenityis excited about the potential impact of the new software and its tools on the next generation of DePIN projects:
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 mentoring these projects and helping them make a meaningful impact in the DePIN ecosystem.
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.