Cardano and World Mobile (WMTx) are reportedly eyeing striking a deal, sparking major buzz. Founder Charles Hoskinson recently stated they are in the process of “finalizing some formal relationships.” He envisioned World Mobile to be the second partner chain to the blockchain, next to its other project, Midnight.
This comes as World Mobile Team hit 1.3 million paying Daily Active Users (DAUs) since its inception in 2018. World Mobile Chain operates on multiple chains like Ethereum, Cardano, BNB Chain, and even the new ones like Base. The project aims to transform the traditional telecom industry by replacing its centralized and outdated infrastructure with a blockchain-based, decentralized connectivity solution.
Overall, Hoskinson’s statement indicates that both Cardano and World Mobile are seeking a deeper and more integrated relationship. While there are no specific details regarding the collaboration, industry insiders suggest this partnership could lean towards technical integrations, bridging ecosystems, or other mutual efforts that would benefit both parties and their respective communities.
Either way, this is a huge step towards a closer collaboration between two leading entities in the blockchain space that could leave a long-lasting impact on growth and boost the utility of both Cardano and World Mobile.
Do you know what staking is ? Staking on the blockchain refers to the process where participants lock up a certain amount of cryptocurrency to support the operations and security of a blockchain network. In return, they earn rewards, typically in the form of additional cryptocurrency. Staking is often associated with proof-of-stake (PoS) or similar consensus mechanisms used by many blockchains.
