Abu Dhabi, United Arab Emirates, November 5, 2024, Chainwire
- This collaboration introduces a blockchain-based cost resolution for progressive $99 Jambo smartphones, concentrating on crypto funds for thousands and thousands.
Jambo, a number one Web3 cell infrastructure builder, at this time introduced its partnership with Lif3, the revolutionary omni-chain DeFi Layer-1 ecosystem, to carry thousands and thousands of Jambo telephone customers in over 120 international locations simpler entry to peer-to-peer cryptography. funds by way of the Lif3 cell software.
Based by serial entrepreneur and web3 investor Harry Yeh, Lif3's strategic collaboration merges its progressive DeFi ecosystem with Jambo's experience in cell know-how tailor-made to rising economies, facilitating entry for creating international locations to the worldwide monetary market .
Rising markets face distinctive challenges that require progressive options to resolve real-world issues. In areas like Africa, the place 57% of the roughly 1.5 billion folks stay unbanked and 50% lack entry to a smartphone, the collaboration between Jambo and Lif3 is designed to deal with these points by offering safe, user-friendly entry to real-time cryptography. funds. This initiative will empower thousands and thousands of individuals by facilitating enhanced connectivity, improved safety and streamlined entry to digital monetary companies. Moreover, the Lif3 cell app will come pre-installed on the JamboPhone, full with quests and academic applications to assist customers familiarize themselves with the brand new know-how whereas incomes rewards.
Talking of the partnership, Harry Yeh, CEO of Quantum (NASDAQ:) FinTech Groupstated: “Lif3 is dedicated to offering monetary alternatives to everybody, in every single place. By partnering with Jambo, we’re simplifying entry to decentralized finance options, together with crypto funds and AI-integrated options. This can be a essential step in direction of closing financial gaps and reworking lives in rising markets.
Including to this, James Zhang, co-founder of Jambo stated: “In lots of elements of rising markets, a complete household shares a smartphone and one member of the family might solely use it for just a few hours a day. Proudly owning a JamboPhone opens up new prospects, like discovering a brand new life. By integrating Lif3 instantly throughout the Jambo ecosystem, we’re enabling customers in rising markets to interact securely and effectively within the digital financial system greater than ever earlier than. The combination of Lif3 into the JamboPhone is a recreation changer for crypto funds, opening new avenues of financial participation that had been beforehand unimaginable.
The partnership will function Lif3 apps pre-installed on all JamboPhones globally, permitting customers to get their crypto pockets immediately and luxuriate in a number of DeFi options constructed into the Lif3 ecosystem. The initiative additionally plans to incorporate instructional applications to assist new customers navigate the Web3 area safely and grow to be savvy digital residents.
The Jambo and the Lif3 the collaboration not solely improves entry to digital applied sciences, but in addition paves the way in which for monetary inclusion in areas the place conventional banking companies had been out of attain. This initiative instantly targets the monetary companies hole, with the purpose of bringing the unbanked into the financial fold and reigniting financial progress from the bottom up.
About Jambo
Jambo – Essentially the most distributed DePIN smartphone on the earth. Jambo's imaginative and prescient is to carry rising markets on-chain by constructing the most important Web3 cell infrastructure community. Jambo is backed by buyers world wide, together with Paradigm, Tiger International, Pantera, Delphi and plenty of others.
Jambo welcomes the subsequent billion Web3 customers with the JamboPhone 2, a Web3-first Android smartphone beginning at simply $99 preloaded with the world of Web3 at your fingertips. The Jambo ecosystem comes pre-installed on the telephone and presents Web3 cell video games, wallets, cost infrastructure, and extra.
Customers can be taught concerning the newest from Jambo on Twitter/X and buy their JamboPhone at jambophone.xyz, be part of the Jambo neighborhood and lead Web3 adoption with them on Telegram.
To be taught extra about Jambo, customers can go to jambophone.xyz
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About Lif3
Lif3.com is revolutionizing the blockchain business with its omni-chain DeFi ecosystem and curated layer 1 blockchain. The Lif3 Self-Custody Pockets, out there on the App Retailer and Google (NASDAQ:) Play, permits customers to unlock the complete potential of Web3, reworking shopper DeFi, gaming, iGaming, music , leisure and far more. $LIF3 is at the moment listed on Bitfinex, Bitmart and MEXC.
To be taught extra about lIF3, customers can go to lif3.com.
For extra data, customers can contact: media@lif3.com
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About Quantum Fintech Group
Quantum Fintech Group is a non-public funding group based in 2020 and is concentrated on offering superior returns within the various property area, particularly specializing in blockchain investments.
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ContactChantel Ellowaymedia@lif3.com
This text was initially printed on Chainwire
