Bitget LaunchX to Support Jambo’s $5 Million Fundraising for Satellite Launch Program
VICTORIA, Seychelles, Jan. 17, 2025 (GLOBE NEWSWIRE) — Bitget, the main cryptocurrency change and Web3 firm, is proud to announce the upcoming LaunchX occasion for Jambo, the world’s largest on-chain cellular community. Jambo goals to lift $5 million via a token sale on Bitget LaunchX to fund its formidable satellite tv for pc launch program, an initiative designed to attach a worldwide community of JamboTelephones and broaden entry to decentralized companies.
Jambo is a worldwide chief within the blockchain ecosystem via its $99 crypto-native smartphone, the JamboTelephone. With over 700,000 items offered in 2024 alone, the corporate is on the forefront of bringing Web3 applied sciences to rising markets. The satellite tv for pc program is the following section to vertically combine borderless information entry to JamboTelephone customers world wide.
The JamboTelephone is an inexpensive, high-spec gadget pre-installed with Web3 functions, enabling customers to interact in decentralized finance, gaming, and incomes alternatives. With its satellite tv for pc program, Jambo is taking its ecosystem to the following stage by securing uninterrupted person information entry, even in distant areas with restricted web connectivity.
LaunchX is Bitget’s premier token launch platform, enabling customers to entry early-stage crypto initiatives with sturdy fundamentals and revolutionary targets. By taking part in LaunchX, customers not solely acquire entry to promising tokens but in addition contribute to the development of revolutionary applied sciences.
Gracy Chen, CEO of Bitget, remarked: “Jambo’s vision of connecting the world through blockchain and mobile innovation aligns perfectly with our plan to support transformative projects. By facilitating Jambo’s satellite program through LaunchX, we aim to empower their efforts in bridging the digital divide and unlocking the potential of Web3 for emerging markets. This is a testament to Bitget’s commitment to enabling projects that drive long-term value for the global crypto ecosystem.”
Jambo’s satellite tv for pc launch initiative represents a daring transfer to combine its connectivity infrastructure vertically. The program seeks to supply dependable web entry to over 3 billion individuals who presently lack connectivity, empower crypto adoption via constant information entry, and future-proof its community for the rising calls for of the decentralized world.
“By owning our connectivity infrastructure, we can ensure that our users always stay connected to the decentralized economy,” mentioned James Zhang, CEO of Jambo. “The satellite program not only strengthens the JamboPhone’s competitive edge but also creates new possibilities for blockchain-based mobile applications, from decentralized validators to peer-to-peer networking.”
Jambo ($J) is the second challenge featured on Bitget LaunchX, following the profitable launch of Fuel Network ($FUEL), which raised its goal of $5.5 million with overwhelming curiosity, receiving a complete dedication of over 400 million USDT from 141,430 contributors.
The Jambo ($J) token lies on the coronary heart of Jambo’s ecosystem, providing rewards, reductions, and payouts that gas the decentralized economic system envisioned by the corporate. Through Bitget LaunchX, customers can be part of this pioneering initiative and be a part of a journey that merges blockchain, {hardware}, and connectivity.
For extra particulars on methods to take part within the LaunchX occasion for Jambo, go to here.
About Bitget
Established in 2018, Bitget is the world’s main cryptocurrency exchange and Web3 firm. Serving over 45 million customers in 150+ international locations and areas, the Bitget change is dedicated to serving to customers commerce smarter with its pioneering copy buying and selling characteristic and different buying and selling options, whereas providing real-time entry to Bitcoin price, Ethereum price, and different cryptocurrency costs. Formerly referred to as BitKeep, Bitget Wallet is a world-class multi-chain crypto pockets that provides an array of complete Web3 options and options together with pockets performance, token swap, NFT Marketplace, DApp browser, and extra.
Bitget is on the forefront of driving crypto adoption via strategic partnerships, resembling its position because the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, in addition to a worldwide accomplice of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball nationwide workforce), to encourage the worldwide group to embrace the way forward for cryptocurrency.
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