Jambo co-founder James said in an interview: JamboPhone is not only a smartphone, but also represents a leap in digital empowerment. Although talents are distributed around the world, opportunities are not, which highlights the importance of innovative solutions. Jambo is expanding its reach to meet the growing demand for affordable, feature-advanced smartphones in emerging markets.
It is reported that Jambo is breaking the smartphone market pattern in emerging regions by launching the Web3 mobile phone JamboPhone (priced at US$99). JamboPhone comes pre-installed with the JamboApp super application. This application integrates JamboPlay, which provides a rich gaming experience; JamboWallet, which provides secure multi-chain encryption management; and JamboEarn, which provides earning opportunities. Currently, the JamboPhone is available to order directly.
Previously, Jambo announced the completion of a $30 million Series A round of financing led by Paradigm in May 2022.