This initiative aims to drive innovation in the decentralized physical infrastructure network (DePIN) space. Its goal is to shake things up by merging blockchain with physical infrastructure.
Tenity is present in six international hubs. It also has a track record of over 250 successful collaborations with startups. Let’s find out more about this important news for the DePIN sector.
Big names support DePIN innovation
They have worked with big names like VISA, SIX, Ripple and Microsoft, making them an ideal partner for World Mobile’s ambitions. Together, they will research and mentor projects that tackle the nuts and bolts of decentralization, from blockchain adoption to governance, while leveraging the World Mobile Chain (WMC).
Micky Watkins, CEO of World Mobile Group, explains it this way: “By partnering with Tenity, we are not just investing money to solve the problem, but we are providing the know-how needed to make changes evolving and impactful. This is our chance to create a decentralized and inclusive future, one we can launch into with DePIN to transform telecommunications and reach those left behind.
Andreas Iten, CEO of Tenity, is equally enthusiastic: “This program is a golden ticket for developers who want to push the boundaries of blockchain and decentralized infrastructure. We are excited to lead these projects into making a real dent in the DePIN ecosystem.
Expanding DePIN horizons with a diversified funding focus
The grant program, which starts from $5,000, is open to everyone. From fresh startups to seasoned companies. It focuses on areas such as:
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Decentralized communications: For those looking to lead the way to secure, scalable connectivity.
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Interoperability between chains: To bridge the gap between Web2 and Web3 like never before.
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On-chain governance and security: Develop methods to make networks more resilient and reliable.
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Decentralized identity management: Use zero-knowledge technology for better privacy and security.
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Tokenization of real-world assets: Transforming physical objects into digital opportunities.
This initiative builds on the World Mobile Chain, which recently reached a significant milestone with its public testnet launch. WMC, the first blockchain designed for DePIN, is an EVM-compatible layer 3-based, offering a high-performance playground that is already attracting industry leaders.
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