The OKX crypto trade lately introduced a partnership with Jambo, a Web3-enabled smartphone model. Via this partnership, each the manufacturers need to push the Web3-backed digital financial system in smartphone-friendly rising markets. Whereas Web3 and smartphones – each of which make for individually recognised markets in themselves — their integration with one another is an idea that has not been explored fairly in depth. With this smartphone, Jambo and OKX are additionally anticipating to compete with the Solana Saga smartphone.
As a part of this deal, OKX will combine its crypto trade and pockets apps with JamboPhone, which already comes laden with help for Web3 functionalities. The cellphone is priced at $99 (roughly Rs. 8,230), in keeping with its web site.
“By embedding OKX straight inside the Jambo ecosystem, we’re making it simple for customers in rising markets to securely and effectively have interaction with the digital financial system,” mentioned James Zhang, Co-founder of Jambo as commenting on the event.
After securing a $30 million (roughly Rs. 249 crore) Collection A funding in 2022, Jambo Expertise, which is reportedly an Africa-based tech agency, launched its JamboPhone in March 2024. The cellphone comes with built-in options to let customers play, earn, and retailer digital property inside its ecosystem. Together with Web3 capabilities, the smartphone comes with a 6.5-inch LCD show, an octa-core T606 chipset, a twin rear digital camera setup, and runs Android 13.
The smartphone was launched in partnership with blockchain agency, Aptos Basis. As per the official web site of JamboPhone, it’s presently accessible in over 120 international locations the place OKX can also be now trying to develop its enterprise and operations.
For OKX, its enterprise arm referred to as OKX Ventures is investing an undisclosed quantity in Jambo and has formally made an announcement on the identical on its X deal with, which is has over 123,000 followers.
The partnership additionally goals to compete with Saga, the Solana-powered smartphone which was unveiled in June 2022. The Saga cellphone options an inbuilt Seed Vault to securely retailer all of the non-public keys linked to the system amongst different Web3 options. It’s developed by OSOM, a comparatively new tech agency.
3/ Proper now, web3 just isn’t made for smartphones, and also you want a desktop browser to take full benefit of it.
Solana Cell Stack is a crypto layer constructed on Android to make the cellular web3 person expertise seamless. https://t.co/jBhmTFGs1f
— Solana (@solana) June 23, 2022
The Saga smartphone comes with a 6.67-inch AMOLED show with full-HD+ decision (1080×2400 pixels) and a 120Hz refresh price, a 50-megapixel main rear digital camera, rear fingerprint sensor, a ceramic again panel, and titanium accents. It additionally runs Android 13 out-of-the-box.
