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Jambo has partnered with Coinbase to provide mobile-first and on-chain services to Africa, Asia, and South America.

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This $99 Jambo blockchain smartphone provides low-cost on-chain financial payments and decentralized application access for millions of users in emerging markets.

Source: Jambo

As a leading Web3 mobile infrastructure builder, Jambo is dedicated to driving the adoption of the digital economy in emerging markets. Today, Jambo announced a partnership with the top global cryptocurrency exchange platform, Coinbase. JamboPhone will come pre-installed with the Coinbase Wallet—a self-custodial crypto wallet—and will seamlessly integrate Base-powered dApps. Base is a secure Ethereum L2 solution designed to onboard one billion users into the world of blockchain.

JamboPhone has now been launched in over 120 countries, and this partnership aims to help developing nations better access the global financial market. The collaboration between Jambo and Coinbase not only enhances the accessibility of digital technology but also provides financial inclusion opportunities for regions underserved by traditional banking services.

In regions like Africa, where around 57% of the population of approximately 1.5 billion people are unbanked and nearly half the population lacks smartphones, cooperation between Jambo and Coinbase offers low-cost on-chain payment services for these populations. Stablecoin transaction fees on the Base platform can be less than 1 cent, and anyone with internet access can avail of these services. Furthermore, Coinbase Wallet and Jambo will offer task and educational programs to help users familiarize themselves with blockchain technology and earn rewards while learning.

JamboPhone has also been selected as a prize for the "Base Around the World" series of regional hackathons in Africa, India, Southeast Asia, and Latin America. Sponsored by Jambo, this program aims to stimulate innovation in emerging markets, with outstanding participants receiving a JamboPhone. Through this collaboration, hackathons will drive a new wave of technological innovation, equipping participants with tools to enhance their on-chain experience.

James, Co-Founder of Jambo, stated, "In many emerging market regions, a family often has only one smartphone, with each family member having only a few hours of usage per day. Owning a JamboPhone enables them to fully participate in the digital economy, by directly embedding Coinbase Wallet and Base into the Jambo ecosystem, making it easier, safer, and more efficient for emerging market users to interact in the on-chain economy. The integration of Coinbase Wallet and Base provides global users with a secure, reliable, and cost-effective blockchain financial service."

Base founder Jesse Pollak said, "On-chain technology enables anyone with an internet connection to access financial services. With Base and Coinbase Wallet, users can send and receive on-chain payments to anyone in seconds for less than a penny. Integrating Base and Coinbase Wallet with the Jambo smartphone will greatly simplify the user experience of leveraging on-chain technology, including rapidly growing on-chain applications such as payments, social media, games, and entertainment."

For more information about Base, please visit their official website. To learn more about Jambo, please visit their official website.

About Jambo

Jambo's vision is to bring emerging markets onto the blockchain by establishing the world's largest Web3 mobile infrastructure network. Jambo is backed by top investors such as Paradigm, Tiger Global, Pantera, and Delphi.

Jambo is introducing the next billion users to Web3 through JamboPhone. This Web3 Android smartphone starts at just $99 and comes preloaded with rich Web3 features. The Jambo ecosystem is integrated into the phone, covering Web3 mobile games, wallets, payment infrastructure, and more innovative features to come in the future.

For the latest updates on Jambo, please visit Twitter/X, and you can purchase JamboPhone on their official website.

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