Detailed explanation of Cardano's ecological leader "World Mobile": the Web3 project that changed the real world
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Note: World Mobile is in the villageActivity record, available on Youtube.
Unfortunately, due to the sudden outbreak of the new coronavirus epidemic, cross-regional traffic began to be blocked, and World Mobile was unable to go to this fishing village again for a long time after the node was deployed, until nearly nine months later, when World Mobile Mobile finally broke through the isolation barrier, and when he returned to his old place, he saw a completely unfamiliar scene.
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A Blue Ocean Market of 4 Billion Potential Users
The above story was told by World Mobile CEO Micky Watkins in a recent conversation with Odaily. According to Micky,World Mobile is a blockchain-based decentralized mobile network and the first sharing economy project in the multi-trillion dollar telecom services market.
Perhaps few people know that there are still nearly 4 billion people in the world who do not have access to the Internet today.
In a country with a highly developed infrastructure (note: as of 2020, the national 4G network coverage has reached 98%), the Internet has already become an indispensable part of our production and life, but in many remote areas in Asia, Africa, and Latin America , the mobile network has not yet been widely used. While we fret over momentary internet outages, many people born into remote places like small fishing villages in Tanzania don't even know what the internet is.
The main reason for this situation is that traditional telecom operators are always profit-oriented, regardless of the macro intervention at the policy level, before deciding whether to deploy mobile network services in a certain place, traditional telecom operators often evaluate the potential Can the benefits cover the high cost of laying base stations.
However, the degree of economic development and residents' consumption capacity in remote areas are generally limited, which makes such areas the least ideal market in the eyes of traditional telecom operators. In the long run, these remote areas lacking network services will be further developed by the development of the times. "Abandoned", its market attractiveness will become lower and lower in the eyes of traditional telecom operators, which forms a vicious circle.
In World Mobile's view, the fundamental move to break this pattern is to break the economic model of traditional telecommunication services and subvert the status quo with the economic logic of Web3.0. Specifically,World Mobile will allow qualified people to purchase and operate the hardware node devices it provides, and use these devices to provide mobile network link services to residents in surrounding areas, while earning corresponding network service fees and tokens (WMT, below will be detailed) incentive income.
To understand the operating mode of World Mobile, we need to start with its structure. World Mobile's mobile network services are supported by three layers of devices. In addition to the stratospheric devices that are still under development, the remaining two layers are air nodes deployed near the ground (as shown in the figure above), and deployed at low altitudes. A mid-air base station (pictured below).
The appearance of the air node is similar to a utility pole with a solar power panel, which mainly serves the network usage scenarios with low traffic frequency, which is also the main equipment that people need to participate in World Mobile and provide network services for surrounding residents; air base station Designed by World Mobile in collaboration with autonomous aircraft developer Altaeros Energies, the exterior consists of a helium-filled hull and high-altitude craft with stabilizing fins, and its onboard communications system uses beamforming (a method of focusing wireless signals onto technology on specific receiving devices) that allows 3G, 4G and 5G handsets to connect directly and via hybrid spectrum to nearby World Mobile air nodes.
Compared with the traditional business model, the most critical improvement of World Mobile is to build a decentralized network service system.In the traditional model, only telecommunications service providers and related cooperative enterprises are the main body providing network services, but under the World Mobile system, anyone can purchase and operate air nodes under the expectation of realizing positive returns, and then provide services to the surrounding Residents provide network link services. In this way, not only can the cost of facility construction be diluted from a single point (traditional telecom service providers) to multiple points (all node operators), but also a more flexible regional service capability is realized.
According to Micky, based on this brand-new system, World Mobile can provide almost the same network quality as traditional telecommunication services at lower charges. After extensive testing, the average speed of the World Mobile network is about 17 Mbps, and the delay is 100 ms, which can well meet users' daily calls, videos, social media usage and other activities.
In a conversation with Odaily, Micky proudly stated,The ultimate vision of World Mobile is to build a global decentralized mobile network to provide network services to all remote areas that still cannot access the Internet, including but not limited to Africasecondary title
Cardano ecological faucet
A great vision is inseparable from a great team. Within World Mobile, many founding members have expertise in various fields such as telecommunications, blockchain, and local promotion in Africa. For example, Micky Watkins has more than ten years of experience in telecommunications and venture capital. These outstanding talents have gathered together, with the consensus driving force of "changing the lifestyle of 4 billion people" constantly moving towards the goal.
Behind World Mobile, the support of Cardano and its development company IOHK is also crucial.
Micky revealed that in the early days of World Mobile's development, a round of private equity financing of US$5 million and a round of public offering financing of US$40 million were completed. IOHK was deeply involved and is still one of the most important investors of World Mobile.
As mentioned earlier, the native token in the World Mobile ecosystem is WMT, and the underlying blockchain used by the token is Cardano. According to the official economic model, the total supply of WMT is 2 billion, of which the initial circulation is 200 million, and all remaining tokens will be gradually released in the next 20 years.
Within the World Mobile ecosystem, WMT mainly plays the role of a utility token. On the one hand, in the next 20 years, node operators can receive corresponding WMT incentives while providing services (the basic network service fee income can still be received after 20 years); on the other hand, when the policy allows Under certain circumstances, users can also use WMT (local currency can be used) to pay for their network services.
Speaking of World Mobile and Cardano, in a sense, the two are actually a complementary relationship.
From the perspective of World Mobile, Cardano (IOHK) has been cultivating in the African market for a long time and has a strong accumulation of resources. World Mobile can use this to quickly open up the market. Below, we will briefly cite some examples of Cardano’s layout in the African market:
In October 2021, Cardano founder Charles Hoskinson said that Cardano's African tour is about to begin. From Zanzibar to South Africa, to Burundi and Kenya, the Cardano team and Hoskinson will meet with leaders and major diplomats of innovative startups across Africa. figure. Since then, news about Cardano's cooperation with various parts of Africa has continued.
In November, the IOHK team held a meeting with senior officials from an island autonomous region in the East African country of Tanzania (World Mobile also participated). According to reports, Hoskinson inspected local telecommunications base stations and solar module installations, and spoke with some local ministers to discuss the local digital transformation process.
In addition, Atala Prism, IOHK's identity management solution, has also partnered with the Ethiopian Ministry of Education in East Africa to develop a blockchain-driven system to detect the performance of students in local schools to improve educational efficiency and ensure the social mobility of students in poor rural areas.
Recently, Charles Hoskinson mentioned in a live broadcast that Cardano will cooperate with Pezesha to establish a peer-to-peer financial operating system in Africa starting from the second half of 2022... From the perspective of Cardano, with the official launch of the smart contract function, its ecological Construction has finally begun. As a post-emergence ecology, Cardano needs to find some other application directions that are different from the pre-existing ecology such as Ethereum, in addition to the simple reproduction of DeFi, NFT and other fields. World Mobile, which focuses on decentralized mobile networks, is precisely its ecological application A good complement to the type.
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Based on reality, look to the future
Looking at the basic situation of World Mobile, although it is impressive in many aspects such as potential market space, team and capital background, and ecological status, what impresses us the most is the project's emphasis on vulnerable groups and denial of reality The courage of the situation. In the communication with Micky, he repeatedly emphasized the changes experienced by that small fishing village in Tanzania, and we can clearly feel his joy at being able to really help the residents in those remote areas.
In the past few years, the encryption world has produced many new applications that claim to change life in the real world, but looking back, these applications are often just a game for a small number of people, and the vast majority of people simply cannot perceive blockchain and What kind of changes can encryption technology bring to life.
In today's market, there are very few projects like World Mobile that can directly face real-world problems and have been put into practice. This may be the reason why this project can move people's hearts.
