Jambo (J) Satellite Launch Sale on Bitget LaunchX
Bitget is pleased to announce the listing of Jambo (J) on LaunchX.
Bitget LaunchX is our innovative token distribution platform designed for the Web3 community. It enables users to discover promising projects early and gain access to project tokens during their initial stages.
Project overview
Jambo is building a global on-chain mobile network, powered by the JamboPhone—a crypto-native mobile device starting at just $99.
Jambo has onboarded millions of users, particularly in emerging markets, through earn opportunities, DApp store, a multi-chain wallet, and more. Jambo's hardware network, with over 700,000 mobile nodes across more than 120 countries and regions, enables the platform to launch new products that achieve instant decentralization and network effects. With this distributed hardware infrastructure, the next phase of Jambo encompasses next-generation DePIN use cases, including satellite connectivity, P2P networking, and more.
At the heart of the Jambo economy is the Jambo Token ($J), a utility token that powers rewards, discounts, and payouts.
LaunchX details:
• Coin name: Jambo (J)
• Total supply: 1,000,000,000 J
• LaunchX volume: 10,000,000 J (1% of total supply)
• Fundraising target: $5,000,000
• Subscription price: 1 J = $0.5
• Committed coin: BGB
• Exchange rate of BGB to J: to be announced. (Bitget will take consecutive snapshots of the spot price of BGB from January 17, 4:00 PM, to January 22, 10:00 AM (UTC+8). The average value of the BGB price during this period will be used as the snapshot price to calculate the exchange rate of BGB to J. Details will be announced after the subscription period ends.)
• Individual max commit: 2000 BGB
• Individual min commit: 20 BGB
• Subscription hard cap: 20,000 J
How does LaunchX work?
1. LaunchX adopts a commitment–subscription model. The more you commit, the more you can subscribe!
2. Bitget LaunchX participants can calculate their allocation using the following formula: allocation = (individual commitment ÷ total committed amount of all users) × total sale amount in the current LaunchX promotion.
Note: If the committed token is other than USDT, the system will take consecutive snapshots of the spot price of the committed coin according to the set snapshot time. The average value of the price during the snapshot period will be used as the snapshot price.
3. Individual commitment cannot exceed the individual max commitment, and individual allocation cannot exceed the subscription hard cap.
LaunchX timelines:
| Phase |
Date and time |
| Subscription phase |
January 20, 10:00 AM – January 22, 10:00 AM (UTC+8) |
| J allocation phase |
January 22, 10:00 AM – January 22, 6:00 PM (UTC+8) |
| J/USDT spot trading launch time |
January 22, 6:00 PM (UTC+8) |
Reference:
Bitget LaunchX: A tailor-made early token distribution for users and projects
Links:
Website: https://www.jambo.technology/
X: https://twitter.com/JamboTechnology
Telegram: https://t.me/jambotechnology
Terms and conditions
1. Users must complete identity verification to participate in the promotion.
2. All participants must strictly comply with Bitget's terms and conditions.
3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion.
4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their incentives if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim incentives), or other violations are found.
5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.
6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!
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