The OKX crypto alternate not too long ago introduced a partnership with Jambo, a Web3-enabled smartphone model. Through this partnership, each the manufacturers need to push the Web3-backed digital economic system in smartphone-friendly rising markets. While 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 alternate and pockets apps with JamboCellphone, which already comes laden with help for Web3 functionalities. The cellphone is priced at $99 (roughly Rs. 8,230), in response to its web site.
“By embedding OKX directly within the Jambo ecosystem, we’re making it easy for users in emerging markets to safely and efficiently engage with the digital economy,” mentioned James Zhang, Co-founder of Jambo as commenting on the event.
After securing a $30 million (roughly Rs. 249 crore) Series A funding in 2022, Jambo Technology, which is reportedly an Africa-based tech agency, launched its JamboCellphone in March 2024. The cellphone comes with built-in options to let customers play, earn, and retailer digital belongings inside its ecosystem. Along 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 Foundation. As per the official web site of JamboCellphone, it’s presently out there in over 120 international locations the place OKX can also be now trying to increase its enterprise and operations.
For OKX, its enterprise arm known 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 personal keys linked to the gadget amongst different Web3 options. It is developed by OSOM, a comparatively new tech agency.
3/ Right now, web3 shouldn’t be made for smartphones, and also you want a desktop browser to take full benefit of it.
Solana Mobile Stack is a crypto layer constructed on Android to make the cell 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 fee, a 50-megapixel major rear digital camera, rear fingerprint sensor, a ceramic again panel, and titanium accents. It additionally runs Android 13 out-of-the-box.
