RCS - Finnovant Inc. - BitMobile and Reality Network Announce Partnership

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RNS Number : 8928G  Finnovant Inc.  30 April 2025

BitMobile Pty Ltd and Reality Network Announce Strategic Partnership, Bringing
Preloaded DeFi Earning Node Application to Phēnix X Users Globally

CAPRE TOWN, SOUTH AFRICA / ACCESS Newswire / April 30, 2025 / BitMobile
(https://pr.report/9xb1) , the driving force behind the revolutionary Phēnix
X Blockchain phone in South Africa and emerging markets, and Reality Network
(https://pr.report/9xb2) , a pioneer in decentralized blockchain technology,
today announced a strategic partnership that highlights the Reality Network
node app preloaded onto the Phēnix X smartphone. This collaboration marks a
significant engagement in bringing accessible Decentralized Finance (DeFi)
earning opportunities directly to customers in each country and territory,
particularly empowering communities in emerging markets.

The Phēnix X, a device designed to be a catalyst for financial inclusion and
digital literacy, comes preloaded with the Reality Network node application,
allowing owners to easily participate in decentralized networks and earn
cryptocurrency by simply contributing their device's unused computing power.
This innovative approach transforms the smartphone into a valuable asset for
generating passive income, aligning perfectly with the Phēnix X's mission to
empower individuals.

Recent in-store events at Pick n Pay locations in Cape Town and Johannesburg
saw enthusiastic customer responses to the Phēnix X and the huge potential
for passive income through the preloaded Reality Network app. Customers
expressed excitement about a device that not only provides secure
communication but also offers tangible economic benefits.

[Related Image]
(https://app.accessnewswire.com/imagelibrary/5daca0e7-a87c-4b44-82d7-c59330bf3d58/1021450/dsc3701.jpg)

"The Reality Network app integrated and preloaded onto the Phēnix X is a
game-changer for our users," said Brian Maw, CEO of Finnovant, the company
behind BitMobile. "We are putting the power of decentralized earning directly
into the hands of individuals, many of whom are in markets previously
underserved by traditional financial systems. The positive feedback from our
recent events in South Africa confirms the strong desire for solutions that
offer both advanced technology and real economic opportunity. This partnership
is a clear demonstration of the Phēnix X fulfilling its promise as a catalyst
for empowerment."

Reality Network's technology, built on the groundbreaking 2MEME consensus
algorithm invented by CEO Wyatt Meldman-Floch, utilizes Proof of Useful Work,
ensuring that computation is not wasted and the network is resource-efficient
and environmentally friendly. This inclusive mechanism allows anyone with a
Phēnix X to join and contribute.

"Our vision at Reality is to empower humanity with unparalleled freedom and
trust through decentralization," stated Wyatt Meldman-Floch, CEO of Reality.
"By preloading the Reality Network app on the Phēnix X, BitMobile is
providing a direct pathway for millions to enter the decentralized economy.
Reality Network allows for the creation of customized consensus networks where
dApps can crowdsource validation globally, paying in their native token and
ensuring 24/7 uptime. This partnership accelerates our mission to build the
future of Web3, offering true decentralization and earning potential that
scales with every new user."

This partnership works to fulfill the vision of the Phēnix X platform and
aligns with broader initiatives across the African continent and emerging
global markets, aimed at empowering communities, fostering trust, and driving
economic development.

The convergence of decentralized education and self-sovereign identity within
the Phēnix X represents a significant leap forward for Africa and the rest of
the world. The Phēnix X is not merely a communication tool; it is a catalyst
for financial inclusion, digital literacy, and individual empowerment.

As the Phēnix X rolls out in across Africa, Southeast Asia, and South
America, the potential to reshape the narrative of innovation and progress
becomes increasingly apparent. The future is not just digital - it's
decentralized and in the palm of your hand.

Reality Network's technology ensures absolute decentralization, freeing dApps
from the constraints of traditional Layer 1 solutions and high gas fees. With
built-in trust at the base layer through Reality Checking and a
reputation-based model, the network is both secure and efficient. The more
devices that join the network, the faster and more efficient it becomes,
creating a generative economic effect.

About BitMobile:

[Related Logo]
(https://app.accessnewswire.com/imagelibrary/0a25de7d-b1a0-4846-90c8-950a0f53076d/1021450/bitmobile-logo.jpg)

BitMobile (https://pr.report/9xb3)  is dedicated to bringing the
revolutionary Phēnix X blockchain smartphone to users in South Africa and
emerging markets. As a partner of Finnovant, BitMobile is committed to
empowering individuals through blockchain solutions, fostering learning,
growth, and driving financial inclusion and digital literacy.

Follow BitMobile at BitMobileTech.com (https://pr.report/7RFZgab4) , X
(https://pr.report/9twf) , Facebook (https://pr.report/9twg) , Instagram
(https://pr.report/9twh) , LinkedIn (https://pr.report/9twi)

About Reality Network:

[Related Logo]
(https://app.accessnewswire.com/imagelibrary/a0acedbb-3894-4593-8e11-48648f8ad57e/1021450/realityprimarylogoblack.png)

Reality Network (https://pr.report/9xb4)  is building the future of
decentralized consensus and economies. Through its innovative Reality Network
platform and the 2MEME consensus algorithm, Reality enables anyone with a
device to earn crypto, providing a truly decentralized, secure, and efficient
network for dApps and the creation of Network States.

Media Contact:

Chris Benedict

Finnovant, Inc.

1-888-426-1892
cbenedict@finnovant.com (mailto:cbenedict@finnovant.com)

SOURCE: Finnovant Inc.

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