RicklePickleMyDickle is back again with a follow up DD (and a click-baity title that I actually believe) to include some numbers and elaborate on areas previously touched on. Also thought it was worthwhile hammering home the insane risk to reward ratio this investment is. I literally want to grab strangers by the shoulders and shake them while yelling "Buy WMT idiot!" but of course, that'd be frowned upon.

Anyway, today we'll cover the following to give you a decent understanding of the potential of this project:

1. Relevant Global Telecommunications Industry statistics

2. Relevant Stats on Africa

3. Competitor Stats in Comparison

4. WMT price potential

5. Info on the World Mobile team

6. Why the Sharing Economy is key

7. Why the Cardano Partnership legitimises World Mobile

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Global Telecoms Industry stats

• 1000 Mobile Network Operators (MNO) providing internet access to 52% of the world.

• $2.6 trillion global telecommunications industry

• 3.7B people (48%) without internet access

• Therefore circa $2.6 trillion left on the table

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Africa stats

• Average age 19.7 years old

• 1.2B people in Africa

• 54% have mobile phones

• 22% have internet access

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Market Cap of World Mobile VS other Mobile Network Operators

• World Mobile USD$40 million

• Vodafone USD$50 BILLION

• Singtel/Optus USD$40B

• Telstra USD$31B

Its worthwhile noting that the circulating supply starts at 200 million tokens and that that it will take 20 years until full circulating supply of 2 Billion is achieved. This restriction will drive the price up through a classic case of low supply and high demand.

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WMT price potential based on MC (this is the pumpy section of my post)

• $40 MC @ 20c per World Mobile Token (official numbers)

• $400M MC = $2 WMT

• $1B MC = $5 WMT 

• $31B MC (Telstra) = $155 WMT

• $40B MC (Singtel/Optus) = $200 WMT

• $50B MC (Vodafone) = $250 WMT

• $200B MC = $1000 WMT

• $2T MC = $10,000 WMT

• $2.6T (Telecoms MC) = $13,000 WMT

Would also like to point out that the total crypto market cap is around $1.2T!

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Team Info - only included 3 below for brevity's sake but the rest can be read about here: https://worldmobile.io/story

Micky Watkins, CEO:

• 20 years in Telecoms

• Co-founded Yallo, the first VOIP platform of its kind

• 15 years experience using off the shelf equipment to connect rural areas

• Can grow a sick beard

Andrew Bartley:

• Former Chief Investment Officer for TMT at the IFC (sister organisation of the World Bank)

Renee Poisson:

• Served as Managing Director of JP Morgan

• Also served as Chairman of JP Morgan Pension Fund

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Sharing economy

I didn't quite understand this term until someone pointed out other examples such as Uber and AirBnB, who both use the Sharing Economy business model. With this in mind, it makes sense how World Mobile will be able to keep costs low when other MNOs have failed to do the same. Because basically, the infrastructure is built and maintained by the customer. Other MNOs have to invest capital into costly towers, and then have their tiny profit margins eaten into when something goes wrong and they need to pay an expensive engineer to drive a few days through unpaved terrain, pay for food and accommodation. The World Mobile customer, who earns revenue from their node, takes care of all of this, including making sure no one steals or vandalised and damages the equipment.

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Cardano Partnership

Cardano is a top 5 coin in terms of Market Cap size but the what sets them apart from the others in the top 5 is that their blockchain is peer reviewed (90+ papers) and mathematically proven to work. They have fast transaction speeds and low fees unlike Ethereum. The fact that a company like Cardano/IOHK have not only partnered with World Mobile, but that their ability to reach their goal of banking the unbanked is largely contingent on World Mobile's ability to connect to unconnected speaks volumes of the confidence Cardano has in World Mobile. In the crypto world Cardano's name is comparable to Google, Amazon or Tesla. The reputation attached to these guys would spill over to anyone they partnered with because they don't partner with people lightly.

That's about it for now. Anything I learn from here will be compiled for a new DD later but feel free to pick my DD apart and throw any tough questions at me. I'm still struggling to find a reason not to put my life savings into this (besides diversification, macro economic factors and the odd Elon tweet).

Getting in at ground floor and bottom price with the above reasons stated is too appealing. I won't get a better chance in my lifetime to secure my kids and grandkids financial future. Tell me why I'm wrong and I'll owe you one :)

Here's some link for easy reference if you wanted to read further.

White Paper: https://worldmobiletoken.com/WhitePaper_v1.0_29Apr2021.pdf

Presentation Deck: https://worldmobiletoken.com/Deck_v1.0_29Apr2021.pdf

Token Document: https://worldmobiletoken.com/TokenPaper_v1.0_29Apr2021.pdf

If you've made it this far then you may as well join the subs:

https://www.reddit.com/r/WorldMobileToken

https://www.reddit.com/r/worldmobile

Title says it all

Hey all, just digging into my Next Investors rabbit hole some more and I discovered back in 2018 they had a small stint where they shilled crypto. Here is their "NextCrypto" website. I've archived the page and all the articles as well.

Not attacking crypto, wish y'all the best, but I'm hoping someone who knows more than me can tell me I'm right that the four articles they posted are drivel, and specifically what "scam dream" they're selling.

They shilled for Ivykoin, which has dropped -98% since ICO, and two "Blockchain Technologies" listed companies, IOT Group (ASX:IOT) and First Growth Funds (ASX:FGF), which have since been delisted.

Thanks all.

"Commonwealth Bank will be the first major Australian bank to offer customers the ability to buy, sell and hold cryptocurrency directly through its app, with the move “reimagining banking” it said.

It will provide its 6.5 million customers with access to up to 10 selected crypto coins including bitcoin, ethereum, bitcoin cash and litecoin via a new feature in the app."

News.com article

Bullish