Jambo and Lif3 Associate to Make Crypto Funds Accessible to Hundreds of thousands in Rising Markets
Jambo, a number one builder of web3 cellular infrastructure,
in the present day introduced its partnership with Lif3, the revolutionary omni-chain DeFi
Layer-1 ecosystem, to supply tens of millions of Jambo cellphone customers in over 120
international locations, with simpler entry to peer-to-peer crypto funds via the Lif3
cellular app.
Based by serial entrepreneur and web3 investor Harry Yeh,
Lif3’s strategic collaboration merges its modern DeFi ecosystem with
Jambo’s experience in cellular expertise tailor-made for rising economies,
facilitating growing international locations’ entry to the world’s monetary market.
Rising markets face distinctive challenges that require
modern 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 tens of millions by facilitating
enhanced connectivity, improved safety, and streamlined entry to digital
monetary companies. Moreover, the Lif3 cellular app will likely be pre-installed on
the JamboPhone, complemented by quests and academic packages 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 FinTech Group, stated, “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 stated, “In lots of areas throughout rising
markets, a whole household shares one smartphone and a member of the family can solely
use it for a number of hours a day. Proudly owning a JamboPhone opens up new
prospects–like discovering a brand new life. By embedding Lif3 instantly inside
the Jambo ecosystem, we’re making it simpler than ever for customers in rising
markets to securely and effectively interact with the digital financial system. The
integration 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 inside the Lif3 ecosystem. The
initiative additionally plans to incorporate instructional packages 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 instantly
targets the hole in monetary companies, aiming to deliver the unbanked into the
financial fold and ignite financial progress from the bottom up.
About Jambo
Jambo (https://jambophone.xyz/) – The Most Globally
Distributed DePIN Smartphone. Jambo’s imaginative and prescient is to deliver rising markets
on-chain via constructing the most important web3 cellular 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 cellular video games, wallets, cost infrastructure,
and extra.
About Lif3
Lif3.com is revolutionizing the blockchain trade with its
omni-chain DeFi ecosystem and curated Layer-1 blockchain. The self-custody Lif3
Pockets, out there on the App Retailer and Google Play, empowers customers by unlocking
the complete potential of Web3, remodeling shopper DeFi, Gaming, iGaming, music,
leisure, and extra. $LIF3 is at present listed on Bitfinex, Bitmart, and
MEXC.
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.
This text was written by FL Contributors at www.ubaidahsan.com.
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