Key Points:
JamboPhone, the first smartphone in the Aptos ecosystem, has announced plans to launch its native token, J. The project also hinted at a Token Generation Event (TGE) and airdrop for January 2025.
While details about the timing and distribution criteria for the JamboPhone token J remain undisclosed, initial information suggests a total supply of 1 billion tokens. The token will be launched on the Solana blockchain and play a central role in the Jambo economy.
The project has reportedly distributed over 650,000 JamboPhones across 128 countries/regions as of the announcement. It also boasts over 4.5 million on-chain wallets created through the product, with support from more than 50 reputable crypto partners since its launch.
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JamboPhone is a collaboration between Aptos and the Web3 application Jambo. Priced at $99 for both the first version and JamboPhone 2, the Aptos-powered smartphone garnered significant attention for being ten times cheaper than the $1,000 Solana Saga smartphone.
Similar to the Solana Saga, JamboPhone is also designed to focus on Aptos-based applications, including dApps like the Petra wallet and the Jambo app, offering users a seamless experience within the ecosystem.
The announcement of the TGE and token airdrop in January 2025 comes as the Aptos ecosystem faces challenges in attracting users compared to its competitor, Sui. The recent resignation of Aptos Labs’ CEO has also raised concerns within the community.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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