PANews reported on January 7 that Jambo, a provider of Web3 mobile infrastructure, announced that the Token Generation Event (TGE) will be launched in January 2025. The token code is $J, based on the Solana public chain, with a total supply of 1 billion. Jambo has built the world's largest on-chain mobile ecosystem, with more than 650,000 JamboPhones sold in 128 countries, and more than 4.5 million blockchain wallets created.

JamboPhone 2 is priced at $99 and is targeted at the mass market. Each phone is pre-installed with top partner applications, supports multi-chain wallets, has a built-in dApp store and JamboGPT. Jambo's development is inseparable from the support of institutions such as Paradigm, OKX, Coinbase, and Pantera Capital.