What is JAM?

Source:https://x.com/JamboTechnology

Jambo is a web3 mobile infrastructure company focused on emerging markets, especially in Africa and Latin America. As a digital financial platform in Africa, Jambo provides global users with low-cost financial services, cross-border payments, remittances, and other solutions through innovative hardware, JamboPhone, combined with blockchain technology. Jambo is committed to providing financial inclusive services to users without bank accounts and promoting the popularization of Web3 technology globally, especially in developing regions, through its innovative products and platform.

Jambo has received support from top global investors, including Paradigm, Coinbase, Pantera, etc. The investment from these backers has helped Jambo become one of the world’s leading Web3 mobile infrastructure builders, especially with strong influence in emerging markets.

The origin of Jambo and the background of the founder

James, the founder and CEO of JAMBO, has a unique background. He is a third-generation Chinese in the Democratic Republic of Congo and has a deep understanding of the financial and technological challenges facing developing countries. In a public speech, James mentioned that the cryptocurrency ecosystem in Africa still faces many problems, especially in the popularization of mobile Internet and blockchain technology. To change this situation, he decided to combine technology and business resources to create the JAMBO platform, dedicated to providing mobile solutions for emerging markets.

The core concept of Jambo is to solve the problems of cross-border payment, remittance, and financial services for users without bank accounts through the brand strategy of "mobile phone that pays you money" and blockchain technology. James aims to promote the popularization of cryptocurrency in Africa, Latin America, and other regions through technological innovation and the integration of global resources.

JamboPhone: breakthrough hardware innovation

JamboPhone is a Web3 smartphone launched by Jambo, starting at just $99. This phone comes pre-installed with a variety of Web3 features provided by the Jambo platform, which can help users seamlessly access the cryptocurrency network, conduct cross-border payments, on-chain transactions, and wallet management. The launch of JamboPhone aims to help those without smartphones by providing a low-cost and powerful device to usher them into the new era of the digital economy.

Source:https://jambophone.xyz/collections/all

JamboPhone's hardware innovation is not only reflected in price, but also includes consideration of the special needs of emerging market users. For example, the phone is equipped with applications from multiple partners, providing a range of functions including cryptocurrency wallets, payment infrastructure, Web3 mobile games, etc. This makes JamboPhone not just an ordinary phone, but also a powerful Web3 terminal device.

J Token: The Core Engine of the Jambo Ecosystem

JAM's J token is the core circulating engine of its entire ecosystem. Almost all operations on the Jambo platform, such as deposits, withdrawals, transaction fees, platform fees, token burning, etc., are implemented through the J token, fully utilizing the transparency and decentralization features of blockchain technology, ensuring that all funds and resources ultimately flow into the J token's economic system.

The issuance of the J token is an important step taken by Jambo to expand the ecosystem and further promote the popularization of Web3 technology. The J token will be issued on the Solana network with a total supply of 1 billion, and will be listed on the Gate.io spot market on January 22, 2025. Start trading now:.https://www.gate.io/trade/J_USDTThe issuance of J tokens is not only to provide a means of payment, but also to promote the prosperity of various activities within the Jambo ecosystem. (New coins may fluctuate upon listing, please trade cautiously and be aware of the risks)

The influence and partners of Jambo

The influence of JAM is no longer limited to Africa, users from multiple regions around the world have started using JamboPhone, and Jambo's ecosystem has received extensive support and recognition. The success of JAM stems not only from its innovative hardware devices, but also from its deep cooperation with multiple top global cryptocurrency platforms and blockchain projects.

Source:https://x.com/JamboTechnology

Cooperation with Coinbase

The cooperation between Jambo and the world-renowned cryptocurrency exchange Coinbase is an important step for Jambo to enter the global financial market. Through this cooperation, JamboPhone will be pre-installed with Coinbase Wallet by default, and users can directly use Coinbase Wallet for cryptocurrency management and trading. At the same time, Jambo will also integrate Coinbase's Base platform to provide users with lower-cost on-chain payment services. Base is an Ethereum L2 solution aimed at helping 1 billion users enter the on-chain world. Through stablecoin trading, users can enjoy transaction fees lower than 1 cent.

Cooperation with Lif3

Jambo also collaborates with the Layer1 project Lif3 to provide peer-to-peer cryptocurrency payment services for JamboPhone users worldwide. The Lif3 application will be pre-installed on all JamboPhones, allowing users to engage in cryptocurrency transactions and DeFi functions. This collaboration signifies a greater stride for Jambo in promoting Web3 technology.

Collaboration with Aptos

The cooperation between JamboPhone and the Aptos ecosystem has also attracted widespread attention. As an emerging blockchain project, Aptos' rapidly growing ecosystem has attracted a large number of developers and users. The collaboration between JamboPhone and Aptos provides seamless support for applications in the Aptos ecosystem, including the Petra wallet and dApps such as Jambo. This collaboration not only promotes the expansion of the Aptos ecosystem, but also makes JamboPhone the preferred device for Aptos users.

Jambo's future plans and prospects

Since the launch of JamboPhone, over 650,000 phones have been sold, creating 4.5 million wallets and covering 128 countries. With the launch of JAM token and further partnerships, Jambo plans to expand its global influence in the coming years and promote the comprehensive application of cryptocurrency and Web3 technology in emerging markets. First, Jambo plans to significantly increase the sales of JamboPhone, especially in the B2B market. In the past, Jambo mainly targeted consumers (ToC), but with the gradual establishment of partnerships with telecom companies and other enterprises, expanding into the B2B market will become an important goal for Jambo.

In addition, Jambo also plans to launch its own satellite - Jambo Satellite. This satellite will provide internet connectivity for JamboPhone, bypassing traditional telecom service providers and directly connecting to the global computing resource network. This means that as long as you use JamboPhone, users will be able to seamlessly access global computing power, providing better internet service for users in remote areas around the world.

Jambo will also launch a series of innovative features based on blockchain technology, such as JamboGPT, aimed at providing users with more intelligent and personalized services. By combining with AI technology, Jambo will occupy a more important position in the Web3 ecosystem.

Conclusion

As a pioneer in the Web3 field, Jambo not only continuously innovates in technology, but also establishes a strong ecosystem globally. By launching JamboPhone and J token, Jambo provides a bridge for global, especially emerging market users to access the digital economy. With partnerships with top projects such as Coinbase, Lif3, and Aptos, Jambo's influence will continue to expand, promoting the popularization of Web3 technology globally. In the future, Jambo is expected to become the world's largest Web3 mobile infrastructure platform, helping more people achieve financial freedom and participate in the digital economy.