Web3 Meets Telecommunications: How Degenphone Transforms Your Mobile Number into Your Own Digital Asset
Alyssa Davidson
Posted: Oct 23, 2025 3:14 AM Updated: Oct 23, 2025 3:14 AM
Correction and fact check date: October 23, 2025, 3:14 AM
briefly
Explore Degenphone: A platform that transforms real mobile phone numbers into tradable NFT assets, enabling user-owned, privacy-centric communication services.
Degenphone, an emerging platform that transforms real-world mobile phone numbers into blockchain-based assets, has released an overview of how it will integrate communications with decentralized finance (DeFi), a new concept called TeleFi.
By positioning its service at the intersection of real-world asset (RWA) tokenization and Decentralized Physical Infrastructure Network (DePIN), TeleFi aims to replace the traditional phone number-enabled rental model with a digital ownership-centric model.
Degenphone leverages eSIM functionality combined with non-fungible tokens (NFTs) to provide another form of mobile phone number control and privacy. It operates in partnership with existing telecommunications and messaging providers and integrates these technologies into their systems.
This framework allows NFTs to correspond to currently active European mobile phone numbers. Obtaining these numbers can be through a direct initial offer or purchase on the secondary market, and onboarding does not require customer identity verification. Tokens stored in a cryptocurrency wallet can be verified through the platform’s website or supported applications, and users can receive an SMS message linked to that number.
This approach allows you to register on digital platforms without revealing your personal primary number, increasing anonymity and data security. Once the first received message is complete, the token’s metadata is updated to mark it as active.
By linking mobile phone numbers to tradable NFT assets, this model challenges the traditional telecommunications environment where carriers maintain control over the number and consumers simply lease usage rights. Here, ownership can be freely transferred on the open market, reflecting a decentralized asset-based approach to telecommunications services.
Degenphone expands tokenized mobile number ecosystem across multiple blockchains
The first release of Degenphone tokenized mobile numbers on The Open Network (TON) was quickly purchased, with over a thousand NFTs initially minted and current supply reaching thousands of individual numbers. A trading event took place alongside this launch via the project’s own marketplace, marking the beginning of a wider expansion. The next deployment is being prepared on the Solana blockchain and the release date is scheduled for October 23rd.
Going forward, Degenphone’s future development plans include the possibility of a dedicated mobile application providing voice call functionality, tools for integration with automated digital systems, flexible use arrangements and a special wallet device capable of receiving text messages.
Additional efforts are being made to enable interoperability across multiple blockchain environments, allowing these NFT-based identifiers to circulate across different networks.
Degenphone continues to investigate the combined use of eSIM and digital tokens as a way to manage identity and communications more independently. This direction is consistent with the broader shift toward user-controlled digital credentials, where elements such as phone numbers function as transferable assets within a decentralized technology framework.
disclaimer
In accordance with the Trust Project Guidelines, the information provided on these pages is not intended and should not be construed as legal, tax, investment, financial or any other form of advice. It is important to invest only what you can afford to lose and, when in doubt, seek independent financial advice. We recommend that you refer to the Terms of Use and help and support pages provided by the publisher or advertiser for more information. Although MetaversePost is committed to accurate and unbiased reporting, market conditions may change without notice.
About the author
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
more articles
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
more articles