Empowa, a RealFi project built on the Cardano blockchain has partnered with World Mobile, the world’s first blockchain-based mobile network based on the sharing economy to launch a joint NFT project. The initiative will finance the construction of affordable housing and decentralized internet in Mozambique.
Additionally, the collaboration aims to deliver more life-changing solutions to underbanked and unconnected regions in the world.
Glen Jordan, Empowa CEO, and Co-Founder commented on the partnership saying, “This RealFi NFT allows impact investors to be rewarded while fundamentally changing the lives of others. Many of us have the privilege of a stable roof over our heads and constant access to the Internet. This is not the reality for most of the world, particularly in Africa. Investing in this change presents an amazing opportunity to do well while doing good.”
Micky Watkins, World Mobile CEO also added, “We are delighted to be partnering with Empowa to deliver connectivity to the financially excluded and unconnected. Empowa shares our belief that financial autonomy and connectivity are crucial for economic and social development, and we are excited to work with local entrepreneurs to grow our network and sharing economy. By allowing people to own the AirNodes on our network and earn from them, we create a circular ecosystem where everyone benefits from improved connectivity and economic opportunity.”
Besides the ongoing NFT project, Empowa is raising funds to invest in the construction of homes in the port city of Beira in Mozambique. These homes will provide the backbone and market upon which the World Mobile team and local entrepreneurs can work together to install AirNodes and provide reliable and affordable Internet connectivity to the mass market.
Watkins pointed out that Empowa’s project offers great opportunities for the NFT project.
He said, “The synergy of our network and Empowa’s decentralized home financing will provide life-changing opportunities for people in Beira. Not only will hundreds of people have access to affordable homes, but they will also be able to join the sharing economy and benefit from the many opportunities offered by connectivity through the World Mobile network.”
World Mobile and Empowa are both cutting-edge projects building on the Cardano blockchain. They were first introduced as members of the Blockchain4Good collective, and have a shared mission of building financially sustainable businesses to make a social impact using Web 3.0 technology.