Aptos Partners with Jambo to Launch Affordable Crypto Smartphone for Emerging Markets

The $99 JamboPhone aims to bridge the digital divide by offering Web3 and blockchain access to users in Africa, Southeast Asia, and Latin America.

Aptos, a blockchain network, has partnered with Jambo, a smartphone manufacturer, to launch the JamboPhone, targeting emerging markets with a focus on digital economy access.
The JamboPhone, priced at $99, is designed to make Web3 and blockchain technologies accessible in regions most in need, including Africa, Southeast Asia, and Latin America.
Pre-installed applications on the JamboPhone, such as the Aptos-compatible wallet Petra and the Jambo App, aim to educate users on leveraging Web3 markets and offer income opportunities.
The initiative seeks to empower users by providing access to decentralized finance, gaming, and educational tools on blockchain and Web3, aiming at financial and digital inclusion.
Despite challenges faced by the Aptos blockchain network, the launch of the JamboPhone reflects a positive market outlook and a step towards narrowing the digital divide in targeted regions.