Abu Dhabi, United Arab Emirates, November 5, 2024, Chainwire

• The collaboration introduces a blockchain-based cost answer for the modern $99 Jambo smartphone, focusing on crypto funds for hundreds of thousands of individuals.

Jambo, a number one builder of Web3 cell infrastructure, immediately introduced a partnership with Lif3, an modern omnichain DeFi layer 1 ecosystem. It will allow us to offer quick access to peer-to-peer encryption to hundreds of thousands of Jambo cellphone customers in over 120 nations. Pay by the Lif3 cell app.

Based by serial entrepreneur and Web3 investor Harry Yeh, Lif3's strategic collaboration marries its modern DeFi ecosystem with Jambo's experience in cell expertise tailor-made for rising economies. Facilitate growing nations' entry to world monetary markets.

Rising markets face distinctive challenges that require modern options to real-world issues. In a area like Africa, the place 57% of the roughly 1.5 billion inhabitants doesn’t have a checking account and 50% should not have entry to a smartphone, the collaboration between Jambo and Lif3 will present safe and user-friendly entry to real-time cryptocurrencies. is designed to handle these points by offering . cost. This initiative will empower hundreds of thousands of individuals by growing connectivity, enhancing safety, and facilitating streamlined entry to digital monetary companies. As well as, the Lif3 cell app comes pre-installed on JamboPhone and is complemented by quests and academic applications that assist customers familiarize themselves with new expertise whereas incomes rewards.

Talking of partnerships, Harry Yeh, Managing Director, Quantum (NASDAQ:) FinTech Group“Lif3 is dedicated to offering financial alternative to everybody, all over the place. By partnering with Jambo, we’re simplifying entry to decentralized monetary options akin to cryptocurrency funds and AI-integrated options. It is a very important step in the direction of closing the financial hole and remodeling life in rising markets.”

Along with this, James Chan, Jumbo Co-Founder “In lots of components of rising markets, whole households share one smartphone, and every member of the family can solely use it for a number of hours a day. While you personal a JamboPhone, you uncover a brand new life. Incorporating Lif3 opens up new prospects. Immediately throughout the Jambo ecosystem, we allow customers in rising markets to soundly and effectively take part within the digital economic system. Lif3’s integration into JamboPhone will revolutionize cryptocurrency funds and open new avenues for financial participation that had been beforehand unimaginable. ”

Via this partnership, all JamboPhones worldwide could have the Lif3 app pre-installed, permitting customers to immediately get a crypto pockets and make the most of the quite a few DeFi options built-in throughout the Lif3 ecosystem. The initiative may even embody academic applications to assist new customers safely navigate the Web3 house and turn into savvy digital residents.

jumbo and riff 3 Collaboration not solely strengthens entry to digital expertise but in addition paves the best way for monetary inclusion in areas the place conventional banking is out of attain. This initiative straight targets disparities in monetary companies and goals to deliver the unbanked into the economic system and foster financial development from the bottom up.

About Jumbo

Jambo – Essentially the most globally distributed DePIN smartphone. Jambo's imaginative and prescient is to deliver rising markets on-chain by constructing the biggest Web3 cell infrastructure community. Jambo is backed by buyers from world wide together with Paradigm, Tiger World, Pantera, Delphi and extra.

Jambo onboards subsequent 1 billion customers to Web3 with JamboPhone 2. JamboPhone 2 is the premier Web3 Android smartphone beginning at simply $99, preloaded with the world of Web3 at your fingertips. The Jambo ecosystem comes pre-installed on the cellphone and options Web3 cell video games, wallets, cost infrastructure, and extra.

Customers can study extra concerning the newest Jambo information on Twitter/X and buy a JamboPhone at jambophone.xyz. You too can be a part of the Jambo neighborhood and lead your Web3 adoption collectively on Telegram.

To study extra about Jambo, go to jambophone.xyz.

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About Lif3

Lif3.com is revolutionizing the blockchain trade with its omnichain DeFi ecosystem and thoroughly chosen layer 1 blockchains. The self-custodial Lif3 pockets, obtainable on the App Retailer and Google (NASDAQ:) Play, unlocks the complete potential of Web3 and empowers customers by reworking shopper DeFi, gaming, iGaming, music, leisure, and extra. I'll give it to you. $LIF3 is at present listed on Bitfinex, Bitmart, and MEXC.

For extra details about lIF3, please go to lif3.com.

For extra info, please contact [email protected].

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About Quantum Fintech Group

Quantum Fintech Group is a personal funding group based in 2020 targeted on offering superior returns within the various asset house with a specific concentrate on blockchain investments.

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contactChantel Elloway[email protected]

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