Bitget LaunchX to Support Jambo’s $5 Million Fundraising for Satellite Launch Program

Company Overview - Bitget is a leading cryptocurrency exchange and Web3 company established in 2018, serving over 45 million users in 150+ countries and regions [9] - The company offers a range of trading solutions, including a pioneering copy trading feature, and provides real-time access to cryptocurrency prices [9] - Bitget Wallet, formerly known as BitKeep, is a multi-chain crypto wallet offering comprehensive Web3 solutions such as wallet functionality, token swap, NFT Marketplace, and DApp browser [9] - Bitget has strategic partnerships, including being the Official Crypto Partner of LALIGA in EASTERN, SEA, and LATAM markets, and a global partner of Turkish National athletes [10] Jambo and Its Ecosystem - Jambo is a global leader in the blockchain ecosystem, known for its $99 crypto-native smartphone, the JamboPhone, which has sold over 700,000 units in 2024 alone [2] - The JamboPhone is pre-installed with Web3 applications, enabling users to engage in decentralized finance, gaming, and earning opportunities [3] - Jambo aims to raise $5 million through a token sale on Bitget LaunchX to fund its satellite launch program, which seeks to connect a global network of JamboPhones and expand access to decentralized services [1] - The satellite program is designed to provide uninterrupted user data access, even in remote areas with limited internet connectivity, and aims to connect over 3 billion people currently lacking connectivity [3][5] Bitget LaunchX and Token Sale - LaunchX is Bitget's premier token launch platform, enabling users to access early-stage crypto projects with strong fundamentals and innovative goals [4] - Jambo ($J) is the second project featured on Bitget LaunchX, following the successful launch of Fuel Network ($FUEL), which raised $5.5 million with over 400 million USDT committed by 141,430 participants [7] - The Jambo ($J) token is central to Jambo's ecosystem, offering rewards, discounts, and payouts that fuel the decentralized economy envisioned by the company [8] Strategic Vision and Impact - Jambo's satellite launch initiative represents a bold move to vertically integrate its connectivity infrastructure, ensuring users stay connected to the decentralized economy [6] - The program aims to empower crypto adoption through consistent data access and future-proof its network for the growing demands of the decentralized world [5] - Bitget's CEO, Gracy Chen, emphasized the alignment of Jambo's vision with Bitget's plan to support transformative projects that bridge the digital divide and unlock the potential of Web3 for emerging markets [5]