Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Genius Yield Partners Cardano Blockchain Powered World Mobile Token for Fueling DeFi Adoption

Genius Yield Partners Cardano Blockchain Powered World Mobile Token for Fueling DeFi Adoption

Kelly Cromley by Kelly Cromley
Aug 13, 2022
in Market News, News
Reading Time: 3 mins read
0

Genius Yield is partnering with the World Mobile Token, a Cardano-powered platform that seeks to fuel a multi-trillion dollar international mobile network, to expedite DeFi uptake. The objective of this partnership is to facilitate access to financial learning while introducing real DeFi use cases for everyday customers.

The World Mobile Token is a utility token used on the World Mobile global cellular network to facilitate the network’s decentralized sharing economy. Operators and staking participants in the network will be compensated in WMT for all network-generated transactions. Calls, messages, streams, web browsing, and the use of additional value-added services including content, banking, healthcare, insurance, microloans, and more are all examples of how the World Mobile service generates network transactions.

If you want to use DeFi, you can now thanks to Genius Yield, an all-in-one protocol built on Cardano. In a mitigated setting built on security, transparency, and automation, our solutions enable participants to enjoy the advantages of DeFi with no effort.

Promoting digital inclusion is one of World Mobile Token’s main goals; by establishing a dynamic hybrid mobile network of aerial and ground assets, it will be possible to link the disconnected and finance the unbanked, thereby contributing to the 17 UN Sustainable Development Goals (SDGs). Because of its goal to provide consumers with banking, insurance, small loans, RealFi, and more, World Mobile has joined forces with IOHK.

With this agreement, Genius Yield and World Mobile Token will mutually support one other’s tokens inside their respective protocols, furthering the goals of blockchain technology to foster greater interoperability and composability. As a result, this will increase the value of their tokens on the market.

The Genius DEX and Smart Liquidity Vault will both accept World Mobile Token, which will be used to fund Genius Yield’s liquidity pools. The Smart Liquidity Vault, or Yield Optimizer, is an AI-powered platform that sits atop the Genius DEX. However, Genius Yield will be responsible for operating a World Mobile Token (WMT) EarthNode and setting up the off-chain order matching bot, Smart Order Router. When it comes to protecting the World Mobile Token’s ecosystem and handling transactions, the EarthNode is vital.

When used in conjunction with the World Mobile app, WMT serves as a means of payment for content delivery, game play, and digital goods and services throughout the World Mobile network’s worldwide mobile ecosystem. With the staking function of the Genius DEX, WMT holders may stake in fixed pools to increase their WMT income.

Furthermore, Genius Yield and World Mobile Token will create and produce 2,000 utility NFTs in collaboration. Those who want to stake their NFTs with WMT on the Genius DEX will enjoy a greater WMT yield. In addition, NFT members will get priority access to VIP areas and World Mobile app features. In the second quarter of 2023, holders will get a 25% discount on the one-year, paid blockchain course provided by Genius Academy.

The distribution of the 2,000 NFTs will be as follows:

  • The World Mobile Token community and EarthNode operators will get 1000 NFTs through airdrop.
  • There will be a distribution of 1,000 NFTs to the Genius Yield community.

By providing in-depth materials, Genius Academy arms its audience with the knowledge they need to make sense of the complex and ever-changing crypto and DeFi ecosystems.

The platform has recruited three of the world’s foremost authorities on cryptocurrencies and blockchain technology: Dr. Lars Brunjes, Christopher Fox, and Loic Staub, and formed fruitful relationships with PSL University (Paris Sciences & Lettres), an umbrella organization uniting eleven of France’s most prestigious institutions and technical schools.

Genius Academy has partnered with PSL University to provide a degree program designed exclusively for mid-career executive professionals. This program will be taught by faculty from MINES Paris — PSL and Paris Dauphine University.

During the inaugural Hackathon for Haskell and Plutus in Latin America (LATAM) taking place at Universidad Tecnológica Nacional (UTN), Argentina, Genius Yield and World Mobile Token will also showcase their concepts via livestream. On September 3rd and 4th, 2022, UTN and Ada Solar, a Cardano-based initiative that harnesses solar power’s promise to democratize electricity, will host a conference. This event is sponsored by Genius Yield, CardanoFeed.com, AnetaBTC, Tosidrop, and the development team behind the Cardano blockchain, Input-Output Global (IOG).

Previous Post

Indian Enforcement Authorities Freeze Assets of Another Cryptocurrency Exchange

Next Post

Ethereum Faces Stiff Resistance at $2,000; Social Volume to Dictate Trend

Related Posts

chromia-partners-with-tac

Chromia and TAC Join Forces to Power Decentralized Telegram Apps

by Kelly Cromley
Jun 24, 2025
0

Chromia has formalized a strategic collaboration with TAC, a purpose-built Layer-1 network focused on resolving compatibility challenges between Ethereum Virtual...

fiserv

Fiserv Enters Stablecoin Arena with FIUSD Launch Plan

by Kelly Cromley
Jun 24, 2025
0

Global financial technology firm Fiserv has revealed plans to introduce its own stablecoin, FIUSD, along with a supporting digital asset...

Midnight Network

Midnight Network Rolls Out Glacier Drop Airdrop to Millions

by Kelly Cromley
Jun 24, 2025
0

Midnight Network, a privacy-oriented blockchain built on the Cardano infrastructure, has announced an expansive airdrop campaign known as the Glacier...

Kraken

Kraken and DeFi Development Bring Tokenized Stocks to Solana

by Kelly Cromley
Jun 24, 2025
0

In a strategic move to merge traditional equity markets with blockchain technology, DeFi Development (DFDV), a decentralized finance firm, has...

tether stablecoin usdt

Tether Boosts Stablecoin Reserves with $2B USDT Mint on Tron

by Kelly Cromley
Jun 24, 2025
0

Tether has continued its rapid pace of stablecoin expansion by minting an additional $2 billion USDT on the Tron blockchain....

Nexus zkVM

Nexus Launches Final Testnet to Power Verifiable AI Future

by Kelly Cromley
Jun 24, 2025
0

Nexus, a forward-looking blockchain company focused on creating a Layer 1 network tailored for the artificial intelligence (AI) era, has...

Next Post
Ethereum Faces Stiff Resistance at $2,000; Social Volume to Dictate Trend

Ethereum Faces Stiff Resistance at $2,000; Social Volume to Dictate Trend

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

chromia-partners-with-tac
Market News

Chromia and TAC Join Forces to Power Decentralized Telegram Apps

by Kelly Cromley
Jun 24, 2025
fiserv
Market News

Fiserv Enters Stablecoin Arena with FIUSD Launch Plan

by Kelly Cromley
Jun 24, 2025
Midnight Network
Market News

Midnight Network Rolls Out Glacier Drop Airdrop to Millions

by Kelly Cromley
Jun 24, 2025
Kraken
Market News

Kraken and DeFi Development Bring Tokenized Stocks to Solana

by Kelly Cromley
Jun 24, 2025
tether stablecoin usdt
Market News

Tether Boosts Stablecoin Reserves with $2B USDT Mint on Tron

by Kelly Cromley
Jun 24, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree