World Mobile Token
WMTX
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
World Mobile Token (WMTX) is the upgraded multichain token powering the World Mobile decentralized physical infrastructure network (DePIN). Active development is moderate to strong (6.5/10), driven by the launch of World Mobile Chain on Base and multichain expansion across Ethereum, BNB Chain, and Cardano. However, other operational dimensions show noticeable vulnerabilities. Tokenomics (5.5/10) reflect high insider allocation (~45%+) and double-digit initial inflation offset by a defined 20-year schedule. Team and Governance (5.5/10) features experienced leadership and proactive MiCA regulatory compliance, though on-chain governance remains largely centralized. Market and Use Case (4.5/10) and Community Support (4.5/10) highlight modest real-world traction (~$15.4K in 30-day network fees), low wallet dispersion, and thin per-venue liquidity. Security and Audit History (4.5/10) confirms genuine audits by Hacken and Verichains without unpatched exploits, though the token has experienced a severe 96.5% market drawdown from all-time highs. No qualifying red-flag events apply under established criteria, yielding an overall weighted average score of 5.3/10.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About World Mobile Token (WMTX)
World Mobile Token (WMTX) is an upgraded multichain utility token that migrated from the network's original Cardano-based WMT token to operate across Base, Ethereum, BNB Chain, Arbitrum, and Cardano. Designed for the World Mobile decentralized physical infrastructure network (DePIN), the token supports a decentralized wireless connectivity model targeting underserved areas. Within the network, WMTX is utilized for network payments, node staking, gas fees on the World Mobile Chain on Base, and prospective governance.
The token has a fixed maximum supply of 2,000,000,000 WMTX, with approximately 43% currently in circulation. Its economic model features a 20-year disinflationary issuance schedule that starts at approximately 11.41% annually to support a 29% node and staking allocation. Insiders hold over 45% of the total allocation, including 19.25% designated for the co-founders and team subject to a 12-month lockup and 24-month linear vesting. While decentralized governance via EarthNode operators and stakers is planned, network governance remains centralized, and the project's MiCA-compliant whitepaper confirms the absence of active on-chain governance.
Smart contract audits have been conducted by firms including Hacken and Verichains. A January 2024 audit by Hacken identified a high-severity decimal precision vulnerability, which was remediated without an exploit. The project has experienced several negative events and operational challenges, including a 2023 compromise of its official social media accounts and a severe 96.5% market drawdown from an all-time high of $0.9797 to an all-time low of $0.02267. Furthermore, protocol adoption remains modest, with 30-day network fees generating approximately $15.4K alongside concentrated wallet distribution and thin trading liquidity across individual exchanges.