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Aptos joins the Web3 phone business after Solana’s success

Blockchain developer Aptos Labs has partnered with Jambo, an African expertise agency, to launch a Web3-enabled cellphone named “JamboPhone.” 

The JamboPhone, which targets clients in Africa, Southeast Asia and Latin America, is priced at US$99 and is now obtainable in over 40 nations, in accordance with a press launch.

The cellphone comes with a pre-installed blockchain pockets for Aptos, a layer-1 blockchain and the Jambo App, an data platform that features instructional content material on Web3 functions similar to decentralized finance and gaming. 

Aptos’ cryptocurrency (APT) dropped 6.1% prior to now 24 hours to US$9.81, in accordance with CoinGecko information. 

Aptos and Jambo’s announcement comes throughout Solana’s second cell phone marketing campaign. 

Solana, the blockchain whose native token SOL at the moment ranks as fifth fifth-largest cryptocurrency by market capitalization, not too long ago raised US$45 million after its second smartphone mannequin crossed 100,00 pre-orders. 

Saga, Solana’s first cellphone that was designed to supply a seamless interface for cryptocurrency transactions and decentralized functions, was initially criticized for its US$1,000 price ticket. Nevertheless, Saga house owners had been compensated with complementary crypto property, together with ones that had been later airdropped.

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