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Jambo is an onchain mobile network that has placed budget friendly smartphones which are preloaded with crypto dApps in the pockets of users around the world.
What is Jambo?
Jambo, a Swahili word meaning 'hello', is a decentralized mobile network dedicated to empowering individuals in emerging markets. Through their crypto-centric smartphone, Jambo provides access to blockchain technology and Web3 services to first time users.
Jambo is primarily powered by Solana due to it's fast and inexpensive transaction fees. The JamboPhone was available for sale using Solana Pay and they collaborated with Solana Superteams for the launch.
They also partnered with the Aptos Foundation and the JamboPhone was preloaded with dApps that were compatible with the Aptos blockchain.
This partnership aims to significantly enhance Web3 accessibility and education in regions that stand to benefit most, by leveraging Aptos's innovative blockchain technology alongside Jambo's commitment to digital inclusion.
Together, Aptos Foundation and Jambo will work toward removing barriers to digital participation and fostering a future where everyone, regardless of their geographic or economic status, can access and benefit from advancements in Web3.
Aptos Foundation
Jambo has positively impacted users in emerging markets by providing access to affordable blockchain technology. Testimonials from users highlight increased digital literacy and financial inclusion as key benefits.
The team raised nearly $40M from top global investment firms like Paradigm, Tiger Global, Pantera and Delphi (26 total). Their roadmap includes further product releases, market expansion and strategic goals to expand their user base.
What is the JamboPhone?
JamboPhone is a low cost smartphone that comes preloaded with blockchain dApps. Their flagship model first shipped at the beginning of 2024 for just $99. The device packs a punch and easily competes with well known budget cell phone manufacturers despite it's modest price tag.
- 4GB RAM
- 64GB storage space
- 4900 mAh Lithium ion polymer battery
- 6.5" LCD display
- 8MP front and 13MP main camera
- Nano SIM
- T606 processor
JamboPhone 2 is a bet on Jambo itself with a focus on branded dApps like the JamboPlay dApp store, JamboEarn activity hub and JamboWallet. Hyperfocused on providing coverage to emerging nations, the JamboPhone 2 is compatible with a wide range of networks providing service in Africa, Latin America and Southeast Asia.
JamboPhone2 comes with RAM and vRAM, a type of RAM that is tailored for processing graphical data. It's hardware specifications have improved in just about every category.
- 12GB RAM
- 128GB storage space
- 12+ hours of battery life
- 6.75" LCD display
- T616 processor
- Triple lens camera, 16MP
With more than 750K JamboPhones shipped, it stands as the best-selling crypto phone to date.
What is the $J token used for?
The $J token serves as the native currency across the Jambo suite of blockchain dApps and games. A significant portion of the supply is allocated for early adopters of the JamboPhone and active participants in JamboApp, JamboEarn, JamboPlay, and JamboWallet.
- Ticker: J
- Total Supply: 1,000,000,000
- Contract Address: TBA
$J's TGE (token generation event) is scheduled for January 22nd, 2025.
What is the JamboApp, JamboEarn and JamboPlay?
JamboApp
JamboApp is a collection of DeFi tools, educational materials and gaming dApps which encourage blockchain technologies. This all-in-one approach makes the JamboPhone perfect for users who do not have any experience with cryptocurrency.
Importantly, it shields users from malicious actors by providing a curated group of builders who have been thoroughly vetted by their team.
JamboEarn
JamboEarn is the activities hub which enables users to participate in activities to win points, $J, $USDC and other prizes. It contains games and apps specifically designed for emerging crypto markets and new users.
JamboEarn is a way for users to convert their time into income through these activities. It embodies the philosophy of "earn your first crypto".
JamboPlay
JamboPlay is a directory of games and apps specifically aimed at first time users. Similar to JamboEarn, users are rewarded for playing games. Consistency is key with daily check-ins, fleeting partner sponsored quests and quizzes.
What is JamboWallet?
JamboWallet is a cryptocurrency wallet that comes built in to every JamboPhone. Like most wallets it enables users to browse blockchain dApps, swap tokens and sign transactions.
It is an integral part of the Jambo stack and provides a low risk user experience with a focus on financial inclusion.
- Multichain support: JamboWallet supports both Solana and Aptos
- Noncustodial security: Users have option to access their Private Keys
- Token management: Store, send and receive SPL tokens and stablecoins like USDT
- DeFi integration: Curated dApps which enable users to stake, lend and earn yield on their tokens
- dApp browser: Secure connection to the most popular platforms in crypto
- NFT support: Store, view and trade NFTs
Conclusion
Jambo is working to solve the distribution problem crypto faces by placing blockchain devices in the hands of people who can benefit from it the most. Citizens around the world who have historically been barred from traditional finance now have direct access to DeFi.
The $J token and its suite of apps like JamboApp, JamboEarn, and JamboPlay further reinforce Jambo’s commitment to enabling users to earn, learn, and grow within the blockchain space.
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