Jambo and Lif3 Associate to Make Crypto Funds Accessible to Hundreds of thousands of Customers in Rising Markets

Abu Dhabi, United Arab Emirates, November fifth, 2024, Chainwire

• This collaboration introduces a blockchain-based funds answer for revolutionary $99 Jambo smartphones, concentrating on crypto funds for thousands and thousands.

Jambo, a number one builder of web3 cell infrastructure, right this moment introduced its partnership with Lif3, the revolutionary omni-chain DeFi Layer-1 ecosystem, to supply thousands and thousands of Jambo cellphone customers in over 120 nations, with simpler entry to peer-to-peer crypto funds by way of the Lif3 cell app.

Based by serial entrepreneur and web3 investor Harry Yeh, Lif3’s strategic collaboration merges its revolutionary DeFi ecosystem with Jambo’s experience in cell expertise tailor-made for rising economies, facilitating growing nations’ entry to the world’s monetary market.

Rising markets face distinctive challenges that require revolutionary options for actual issues. In areas like Africa, the place 57% of the ~1.5bn inhabitants stays unbanked and 50% with out 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 crypto funds. This initiative will empower thousands and thousands by facilitating enhanced connectivity, improved safety, and streamlined entry to digital monetary providers. Moreover, the Lif3 cell app might be pre-installed on the JamboPhone, complemented by quests and academic applications to assist customers familiarize themselves with the brand new expertise whereas incomes rewards.

Talking in regards to the partnership, Harry Yeh, Managing Director of Quantum (NASDAQ:) FinTech Group, mentioned, “Lif3 is dedicated to unlocking monetary alternatives for everybody, in every single place. By partnering with Jambo, we’re simplifying entry to decentralized monetary options, together with crypto funds and AI-integrated options. It is a pivotal step towards bridging financial gaps and reworking lives in rising markets.”

Including to this, James Zhang, co-founder of Jambo mentioned, “In lots of areas throughout rising markets, a complete household shares one smartphone and a member of the family can solely use it for just a few hours a day. Proudly owning a JamboPhone opens up new potentialities–like discovering a brand new life. By embedding Lif3 immediately throughout the Jambo ecosystem, we’re making it simpler than ever for customers in rising markets to soundly and effectively interact with the digital economic system. The mixing of Lif3 into the JamboPhone is a game-changer for crypto funds, opening new pathways to financial participation that had been beforehand unimaginable.”

The partnership will characteristic pre-installed Lif3 apps on all JamboPhones globally, permitting customers to get their crypto pockets instantaneously and have interaction in a bunch of DeFi options built-in throughout the Lif3 ecosystem. The initiative additionally plans to incorporate academic applications to help new customers in navigating the web3 house safely and changing into savvy digital residents.

The Jambo and Lif3 collaboration not solely enhances entry to digital applied sciences but additionally paves the way in which for monetary inclusion in areas the place conventional banking has been out of attain. This initiative immediately targets the hole in monetary providers, aiming to carry the unbanked into the financial fold and ignite financial development from the bottom up.

About Jambo

Jambo – The Most Globally Distributed DePIN Smartphone. Jambo’s imaginative and prescient is to carry rising markets on-chain by way of constructing the biggest web3 cell infrastructure community. Jambo is backed by buyers globally, together with Paradigm, Tiger World, Pantera, Delphi and extra.

Jambo is onboarding the subsequent billion customers to web3 with the JamboPhone 2, a premiere web3 Android smartphone beginning at solely $99 preloaded with the world of web3 at their fingertips. The Jambo Ecosystem is preinstalled on the cellphone and options web3 cell video games, wallets, cost infrastructure, and extra.

Customers can be taught extra in regards to the newest from Jambo on Twitter/X and buy their JamboPhone at jambophone.xyz, and be a 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 self-custody Lif3 Pockets, accessible on the App Retailer and Google (NASDAQ:) Play, empowers customers by unlocking the total potential of Web3, remodeling client DeFi, Gaming, iGaming, music, leisure, and extra. $LIF3 is at present listed on Bitfinex, Bitmart, and MEXC.

To be taught extra about lIF3, customers can go to lif3.com.

For extra info, 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 targeted on offering superior returns within the different asset house focusing particularly on blockchain investments.

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ContactChantel Ellowaymedia@lif3.com

This text was initially revealed on Chainwire