Injective and Jambo partner to bring mobile-based DeFi to millions in emerging markets

  • Injective and Web3 mobile firm Jambo will partner to promote DeFi in Africa, Latin America and Southeast Asia.
  • The collaboration seeks to make it easy for millions to access dApps via the Jambophone.

Injective and Web3 mobile infrastructure platform Jambo have announced a partnership that will see the two companies collaborate to bring blockchain-powered financial solutions to millions of users in emerging markets.

The partnership will tap into JamboPhone, a Web3 Android 13 smartphone, to introduce users across Africa, Latin America and Southeast Asia to Injective’s DeFi ecosystem.

“Combining Injective’s robust infrastructure stack with Jambo’s mature Web3 mobile technology will enable us to efficiently scale DeFi to the point where it can tangibly help billions of people overcome socioeconomic hurdles,” Mirza Uddin, head of business at Injective Labs said in an announcement.

As part of the collaboration, users in these emerging markets will access multiple decentralised applications (dApps) in the Injective ecosystem via JamboPlay dApp store. One of the first platforms to be available will be Ninji, a native Injective wallet.

“We want to bring emerging markets on-chain,” James Zhang, co-founder of Jambo, noted.

Web3 phone for DeFi adoption

JamboPhone is currently priced at $99 and has been sold in more than 100 countries. The Web3 phone features preloaded applications that include DeFi, gaming, and Web3 infrastructure.

The partnership continues Jambo’s commitment to promoting the crypto adoption space in Africa and other emerging markets. It’s also part of Injective’s mission, with the blockchain platform offering an interoperable layer 1 network optimised for Web3.

Injective, incubated by Binance, counts Pantera, Jump Crypto and Mark Cuban among its backers. The native token INJ is currently the 45th-largest cryptocurrency by market cap.

Following today’s partnership announcement, INJ price has surged more than 12% in 24 hours to reach highs of $28.47.

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Release date confirmed for new augmented reality move-to-earn game, SpaceCatch

SpaceCatch, a brand new AR M2E (Move-to-Earn) game, has confirmed the release date for its public beta version. The game, which will come packed with impressive features and multiple benefits after an extensive development period, is scheduled for release on April 22 2024. 

Set in a futuristic world similar to our own, where Earth has been overtaken by AI-driven aliens, SpaceCatch challenges players, known as Catchers, to restore peace on Earth by defeating these aliens.

The game offers a captivating narrative that engages players, making it difficult to put their phones down. 

Scheduled for release on April 22, SpaceCatch is inviting players to reserve their spot early, with only 22,000 entries available.

Despite being pre-launch, SpaceCatch has already won over early adopters thanks to its rich feature set and engaging plot. The growing community and successful fundraising efforts are living proof of its appeal and potential.

And how does it work?

SpaceCatch leverages several cutting-edge technologies to deliver its exciting gameplay. The game operates on two models: M2E (Move to Earn) and P2E (Play to Earn). The P2E model is straightforward: players engage in combat with AI-driven aliens to restore peace on Earth.

The M2E model, on the other hand, is powered by Augmented Reality (AR). This integration allows players to interact with the SpaceCatch universe as it blends seamlessly with the real world. Imagine spotting an alien while in the park, relaxing in your living room, or getting in your car.

Furthermore, SpaceCatch employs artificial intelligence (AI) to develop a unique gaming experience for each player. Your game experience will differ from that of others, molded by your decisions, preferences, and behavior.

More than just a game

SpaceCatch has also developed a native token, CATCH, which is valuable both within and outside the game’s ecosystem. 

CATCH has been distributed to users during various fundraising events, CATCH can be earned through specific actions in the game and is available for purchase on multiple exchanges, including Gate.io, Bitget, MEXC, BitMart, XT.com, and Bingx.

And if you were not around when SpaceCatch organized the fundraising rounds, or you prefer not to perform certain actions in the game to earn CATCH, don’t worry; you can still get some tokens. CATCH can be bought, sold, or traded on various platforms, and this will help several new players get a better start in the SpaceCatch world.

CATCH helps SpaceCatch players improve their characters and tools, and this can highly contribute to their evolution in the game and how much they manage to help with their main common goal: restoring peace on Earth. 

Discover More

SpaceCatch is just getting started in the industry, and has big plans up its sleeve. But with just 22,000 beta entries up for grabs, gamers should check out its official website asap and follow its activity on Telegram, Discord, X (Twitter), YouTube, Instagram, Medium, and CoinMarketCap.

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