Billionaire entrepreneur, Shark Tank judge, and crypto investor Mark Cuban locked horns with World Mobile CEO Micky Watkins this week over the utility of projects built on Cardano. Cuban has historically been critical of Cardano and its utility and recently turned to Twitter to voice his skepticism around the potential for success of Cardano-based projects in Africa. The post led to Cardano advocates speaking out on Twitter. The community voiced their perspective on the blockchain’s ability to deliver real-world services. Cuban responded he had not seen much adoption of Cardano applications or demand for payments in $ADA. The discussion quickly moved on to the Cardano-based project, World Mobile Token (WMT), which powers the World Mobile network as an example of real-world utility and value. World Mobile delivers a sharing economy that allows anyone to own a part of a network built by the people and earn income for connecting people around the world. Cuban quickly came back, stating the World Mobile network and token needed “a real” business model to succeed, and asked whether it had even begun to earn revenue from users on its network. At this point, World Mobile CEO Micky Watkins entered the debate, responding with a tweet citing the company’s average revenue per unit (ARPU) in Tanzania of $3 per month. A Passionate and Public Debate This Tweet off a long and passionate debate between Watkins and Cuban, with Cuban grilling W...
SEC Hosts First-Ever Crypto Roundtable Today
