Empire Crypto Needs Its iPhone Moment | James Zhang
18 snips
Jan 18, 2025 
James Zhang, Co-founder and CEO of Jambo, discusses the groundbreaking success of his company in mobile-first crypto adoption, having sold 750,000 phones. He emphasizes the critical need for effective market strategies in crypto and highlights the transformative role of stablecoins in emerging markets. The conversation dives into the importance of mobile technology, innovative applications for travel, and the future of crypto with plans for 2025. Zhang also shares insights on optimizing user experience and connectivity for underserved populations.
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Crypto's Killer App
- Crypto's killer use case is simplifying cross-border payments and remittances.
- This is especially valuable in emerging markets where traditional finance is cumbersome.
James Zhang's Background
- James Zhang, CEO of Jambo, grew up in the Democratic Republic of Congo and studied computer science at NYU.
- He started Jambo in 2021 to address cross-border payments and financial inclusion in emerging markets.
Jambo's Go-to-Market Strategy
- Jambo uses phones as a go-to-market strategy, selling 750,000 phones and creating 4.5 million wallets across 128 countries.
- They focus on onboarding and accessibility, empowering users in emerging markets through decentralized tools.
