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Bitget Partners with Jambo for $5 Million Satellite Launch Initiative
Bitget has partnered with Jambo, an on-chain mobile network, to support a $5 million fundraising for a satellite launch initiative via its LaunchX platform. The goal is to provide decentralized services globally.
The JamboPhone
- JamboPhone: A $99 crypto-native smartphone.
- Over 700,000 units sold in 2024.
- Enables access to decentralized finance, gaming, and earning opportunities.
- Aims to provide internet access to over 3 billion people lacking reliable connectivity.
- Satellite program will ensure seamless data access for users in remote areas.
CEO James Zhang stated this initiative enhances the JamboPhone's competitiveness and blockchain mobile applications.
Bitget LaunchX
- Jambo utilizes Bitget’s LaunchX for funding.
- LaunchX connects investors with innovative projects.
- Jambo (J) token will reward users and facilitate transactions within its ecosystem.
- Previous successful projects on LaunchX include Fuel Network's $5.5 million token sale.
Industry Trend
Jambo's efforts reflect a broader trend toward expanding access to decentralized technologies and blockchain services. Other companies like Starlink, Helium Network, and Amazon's Project Kuiper are also working to enhance global connectivity.
Authors credited by the source: Godfrey Benjamin
Published by Holder based on an external source.
