Abu Dhabi, United Arab Emirates, 5 November 2024, Chainwire
- This collaboration introduces a blockchain-based fee resolution for Jambo's progressive smartphones for $99, concentrating on crypto-payments for tens of millions.
Jambo, a number one web3 cell infrastructure builder, right this moment introduced its partnership with Lif3, a revolutionary DeFi Layer-1 omni-chain ecosystem that can present tens of millions of Jambo cellphone customers in over 120 nations with simpler entry to peer-to-peer cryptocurrencies. funds by way of the Lif3 cell software.
Based by serial entrepreneur and web3 investor Harry Yeh, Lif3's strategic collaboration combines its progressive DeFi ecosystem with Jambo's experience in cell know-how tailor-made to rising economies, facilitating entry to international monetary markets for growing nations.
Rising markets face distinctive challenges that require progressive options to actual issues. In areas corresponding to Africa, the place 57% of the roughly 1.5 billion individuals stay unbanked and 50% with out entry to a smartphone, the collaboration between Jambo and Lif3 is designed to handle these challenges by offering safe and user-friendly entry to cryptocurrencies in actual time. funds. This initiative will empower tens of millions of individuals with higher connectivity, higher safety and extra environment friendly entry to digital monetary companies. As well as, the Lif3 cell app might be 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.
Once we discuss partnership, Harry Yeh, CEO of Quantum (NASDAQ:) FinTech Groupmentioned: “Lif3 is dedicated to unlocking monetary alternative for everybody, in all places. By partnering with Jambo, we're simplifying entry to decentralized monetary options, together with crypto-payments and AI-integrated options. It is a key step in bridging financial divides and remodeling lives in rising markets.”
As well as, James Zhang, co-founder of Jambo mentioned: “In lots of areas in rising markets, all the household shares one smartphone, and a member of the family could solely use it for a couple of hours a day. Proudly owning a JamboPhone opens up new potentialities like discovering a brand new life. By inserting Lif3 instantly throughout the Jambo ecosystem, we make it simple for customers in rising markets to interact within the digital financial system safely and effectively. The combination of Lif3 into JamboPhone is a sport changer for crypto funds and opens up new avenues for financial participation that have been beforehand unimaginable.”
The partnership will characteristic Lif3 apps pre-installed on all JamboPhones worldwide, permitting customers to immediately declare their crypto pockets and have interaction with a spread of DeFi options built-in into the Lif3 ecosystem. The initiative additionally plans to incorporate instructional applications to assist new customers safely navigate the net space3 and develop into savvy digital residents.
Jambo and Lif3 the collaboration not solely improves entry to digital applied sciences, but in addition paves the best way for monetary inclusion in areas the place conventional banking has been out of attain. This initiative instantly targets the monetary companies hole, aiming to convey the unbanked into the financial stage and spur financial progress from the bottom up.
About Jambo
Jambo – essentially the most extensively distributed DePIN smartphone worldwide. Jambo's imaginative and prescient is to convey rising markets into the chain by constructing the most important web3 cell infrastructure community. Jambo is backed by traders from all over the world, together with Paradigm, Tiger World, Pantera, Delphi and others.
Jambo is connecting one other billion customers to web3 with JamboPhone 2, the premier web3 Android smartphone beginning at simply $99 with the world of web3 pre-installed at your fingertips. The Jambo Ecosystem comes pre-installed on the cellphone and contains internet 3 cell video games, wallets, fee infrastructure and extra.
Customers can study extra about information from Jambo on Twitter/X and buy their JamboPhone at jambophone.xyz and be a part of the Jambo group and lead web3 adoption with them on Telegram.
To study 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 Layer-1 curated blockchain. Obtainable on the App Retailer and Google (NASDAQ:) Play, Lif3's self-service pockets permits customers to unlock the total potential of Web3, reworking shopper DeFi, gaming, iGaming, music, leisure and extra. $LIF3 is at the moment listed on Bitfinex, Bitmart and MEXC.
To study 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
Based in 2020, Quantum Fintech Group is a non-public fairness group centered on delivering superior returns within the different asset area with a selected give attention to blockchain investments.
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ContactChantel Allowaymedia@lif3.com
This text was initially revealed on Chainwire
