Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Congolese Web3 Startup, Jambo, Raises $7.5 Million to Build Out Web3 Super App for Africa
Jambo, a congolese startup, has raised $7.5 million in seed funding to bolster its ongoing project in building ‘the largest, most influential web3 community across Africa.’
The funding included a host of major VCs such as Coinbase Ventures, Alameda Research, and AllianceDAO.
According to Jambo, there is a big opportunity for Africa in Web3 and bulding the portal that will connect millions of African users to Web 3 applications from across the world.
According to James Zhang, the startup’s co-founder and CEO, Jambo wants to onboard millions of users to web3 in Africa through its applications. Zhang founded Jambo with his sister, both Congo-born Chinese, in November 2021 when they noticed the opportunity to duplicate the success of web3 projects in Southeast Asia across Africa.
SEE ALSO: Tanzanian Fintech, NALA, Raises $10 Million to Expand to 12 African Countries in 2022
“Honestly, anything that helps in Africa – send money, save money, make money – is what we’re testing off of the super app.“
– Co-Founder & CEO, Jambo
The service is looking to introduce a revenue share model that is not much different from Axie Infinity’s Play-to-Earn model. Jambo is however taking a two-sided approach by allowing its users to earn when they partake in web2 and web3 activities.
In it’s strategy, Zhang has indicated that Jambo is testing out over 10 play-to-earn games to introduce to its users in the next couple of months. This will be followed by education about web3 with 5 universities targeted across the continent.
In 2021, the startup had reportedly already signed up over 12,000 students across 15 countries to take a curated web3 curriculum both online and offline.
RECOMMENDED READING: Cameroon’s Ejara Raises $2 Million to Bring Non-Custodial Crypto Investing to Francophone Africa
Thank you for your support by helping us create content:
Donate BTC address*: 3CW75kjLYu7WpELdaqTv722vbobUswVtxT*
ERC20 Address: 0x03139524428e40E31f13909f8D994C915FB91277
SOL address: 9cC65AWFHj848kntcoyiT8av3jiRQEqyTTmBR1GvVUb