The news content is about Jambo, an onchain mobile network that aims to give people access to the digital economy. The founder, James Zhang, stated that their goal is to be the "onchain Apple" by providing loyal users with digital access to various integrations without the need for traditional institutions like banks. Jambo's current user base is in Latin America, but they originally expected it to be in Africa. They have raised funds in the past and survived the bear market. Zhang mentioned that while they have elements of being a DePIN (Decentralized Public Infrastructure Network), they prefer to be seen as a consumer-facing product. They also launched a satellite program to connect their devices. Overall, Jambo's vision is to be a disruptive force in the phone markets of Latin America and Africa with a device that is "censorship resistant."



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