Jambo explores emerging markets and attracts 1.8 million Web3 users.

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From Africa to the World: How Jambo Expands into Emerging Markets

In the cryptocurrency field, mature markets are often concentrated in Europe, America, and the Asia-Pacific region. However, the demand for crypto products in emerging markets is growing increasingly. This demand stems from the lack of stable financial systems and the desire for new trading methods.

Jambo has seized this opportunity to expand its business to over 120 countries. They launched the JamboPhone, a Web3 phone priced at $99, and as of July this year, global sales have exceeded 460,000 units, with over 1.8 million user-activated non-custodial wallets. The Jambo ecosystem currently covers more than 50 Web3 projects across 7 major blockchain networks.

Jambo founder James grew up in Congo, possessing a unique multicultural background. He was introduced to cryptocurrency while studying computer science at New York University, and after graduating, he accumulated extensive investment experience. James believes that emerging markets like Africa face pain points such as cross-border payments, remittances, and the unbanked, which is precisely the problem Jambo aims to solve.

James stated that Jambo's goal is to create new cryptocurrency users for the market. The population in Africa is young, with an average age of only 18, and there is a high acceptance of new technologies. It is expected that by 2025, the number of 4G users in Africa will reach 300 million, providing significant growth opportunities for Jambo.

During the initial promotion phase, Jambo adopted a ground promotion strategy. They repeatedly explained the product advantages to users and helped them earn profits on the platform. James emphasized that only by genuinely helping users make money can trust be earned.

Jambo chooses to focus on hardware to achieve software distribution. Their phones are sold at cost price, with the aim of distributing as many devices with pre-installed Web3 software as possible. Users can earn cryptocurrency through the pre-installed software and then exchange it for fiat currency on the Jambo platform.

James believes that the living environment in Africa has made him aware of the huge gap between developed countries and emerging markets. This unique background enables him to more keenly capture the pain points of emerging markets and drive the rapid development of Jambo.

Looking to the future, James hopes to help more people understand and participate in cryptocurrency through Jambo, narrowing the gap in the global financial system. Despite the challenges of entrepreneurship, he believes that this industry is still in its early stages and holds tremendous opportunities.

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ResearchChadButBrokevip
· 08-11 16:00
It's too expensive, I don't even want to pay ten bucks.
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HackerWhoCaresvip
· 08-11 03:28
New variants of Web3 scam traps?
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BearMarketSurvivorvip
· 08-09 22:20
It's not expensive, just a bit too prickly.
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MissingSatsvip
· 08-09 22:08
Selling low-priced phones to Africa? Are you kidding me?
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WalletAnxietyPatientvip
· 08-09 21:59
Do I really have to buy this broken phone?
View OriginalReply0
MEV_Whisperervip
· 08-09 21:57
99u finally has a reliable one.
View OriginalReply0
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