OverProtocol and Jambo launch OverWallet to enhance financial accessibility for millions in emerging markets
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OverProtocol and Jambo launch OverWallet to enhance financial accessibility for millions in emerging markets
The collaboration is based on a shared vision of making financial accessibility a truly global phenomenon, delivering mobile-based decentralized financial services to emerging economies in Africa, Southeast Asia, and Latin America.
Navigating Web3 tides with focused insightsApril 24, 2024, South Korea – OverProtocol, a new layer-1 blockchain powered by individual nodes, today announced a partnership with Jambo, the largest Web3 mobile infrastructure bringing emerging markets on-chain, to deliver financial literacy to emerging markets through a mobile-first cryptocurrency wallet. The JamboPhone, central to their mission, is a Web3 Android 13 smartphone that will introduce millions of potential users to OverWallet, OverProtocol’s dedicated mobile application.
Priced at $99 and already sold in over 100 countries, the JamboPhone primarily targets Gen Z consumers in emerging markets, serving as their gateway to the world's best digital products and opportunities. Users can engage with the global economy via pre-installed Jambo Ecosystem applications, including DeFi, gaming, and Web3 infrastructure apps. The JamboApp serves as a hub offering a full suite of partner applications through the JamboPlay dApp store—specifically OverWallet, the mobile gateway to the OverProtocol ecosystem.
"OverProtocol is revolutionizing financial accessibility in emerging markets," said Ben Kim, founder of OverProtocol.
Emerging markets face a unique set of economic challenges, which OverProtocol addresses by enhancing financial accessibility through OverWallet. OverWallet offers potential access to OverProtocol’s new financial ecosystem with an intuitive user experience. With Jambo’s disruptive smartphone and OverWallet, participating in the digital economy becomes easier, more democratic, and unlocks countless opportunities.
"Our mission is to bring emerging markets on-chain," said James Zhang, co-founder of Jambo.
About OverProtocol
OverProtocol is a new layer-1 blockchain whose lightweight nodes empower personal computers, enabling anyone to run a node and become a validator directly from their PC. OverNode is a node client specifically designed for running OverProtocol nodes at home, providing a platform where anyone can distribute and download various DePIN applications and interact with the network. OverWallet is OverProtocol’s dedicated mobile app, currently boasting over 5 million registered accounts and more than 1 million daily active users. It stands at the forefront of building a strong community around OverProtocol.
Follow OverProtocol on Twitter/X for the latest updates, and check our YouTube channel to see what we’re currently building. Join the OverProtocol community and help lead Web3 adoption with us on Discord.
About Jambo
Jambo’s vision is to bring emerging markets on-chain by building the largest Web3 mobile infrastructure network. Backed by some of the world’s leading investors, including Paradigm, Tiger Global, Pantera, Delphi, and others, Jambo is onboarding the next billion users to Web3 through the JamboPhone—the first Web3 Android smartphone starting at just $99, with the world of Web3 preloaded at users’ fingertips. The Jambo Ecosystem comes pre-installed on the device, featuring Web3 mobile games, wallets, payment infrastructure, and more.
Stay updated on the latest from Jambo via Twitter/X, and purchase the JamboPhone at jambophone.xyz!
Join the Jambo community and lead Web3 adoption with us on Telegram.
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