World Mobile and Tenity Launch $25M Grant Program to Boost DePIN Innovation
The post World Mobile and Tenity Launch $25M Grant Program to Boost DePIN Innovation appeared on BitcoinEthereumNews.com.
The $25M Grant Program is available to a wide spectrum of applicants, including established businesses and early-stage entrepreneurs. An important milestone in World Mobile’s goal to build a more decentralized, inclusive telecom ecosystem has been reached. The decentralized wireless network World Mobile and Tenity have announced the launched of a $25 million Grant Program. A new wave of blockchain-driven solutions that combine decentralized technology with physical infrastructure is anticipated as a result of this effort, which aims to promote Decentralized Physical Infrastructure Network (DePIN) innovation. Tenity, an early-stage investor and world leader in innovation programs and company acceleration, has partnered with World Mobile to oversee the Grant Program. Tenity is working with worldwide partners including VISA, SIX, Ripple, and Microsoft. Tenity has a presence in six international hubs and has facilitated over 250 corporate-startup partnerships. Tenity has backed several successful Web3 enterprises. In order to expand on the World Mobile Chain, Tenity will use its experience to find and support initiatives that can tackle important issues in decentralization, blockchain adoption, and governance. Micky Watkins, CEO of World Mobile Group stated: “By partnering with Tenity, we’re ensuring that the World Mobile Chain Grant Program doesn’t just fund projects but provides the guidance and resources necessary to drive scalable, impactful innovation. This collaboration reflects our commitment to empowering developers who share our vision of a decentralized, inclusive future. Together, we can unlock the potential of DePIN to transform telecoms and expand connectivity to underserved communities.” Andreas Iten, CEO at Tenity stated: “We are excited to partner with World Mobile on this transformative initiative. The World Mobile Chain Grant Program is an extraordinary opportunity for developers to push the boundaries of blockchain and decentralized infrastructure. We look forward to guiding these projects and helping them achieve meaningful impact in the DePIN ecosystem.” The $25 million…
Filed under: News - @ January 23, 2025 7:25 pm