MEXC Strengthens Its Web3 Commitment with the Listing of Jambo (J), Empowering Emerging Markets
Seychelles, Seychelles, January 22nd, 2025
MEXC, the world’s leading cryptocurrency trading platform, announced the launch of the Jambo (J), an innovative on-chain mobile network project, scheduled for January 21, 2025, at 10:00 (UTC). The launch will be accompanied by Airdrop+ rewards of 28,000 J, 5,000 MX, and 50,000 USDT.
Empowering Users with Jambo’s Scalable On-chain Mobile Solutions
Jambo is pioneering the development of the world’s largest on-chain mobile network through JamboPhone, a pivotal initiative designed to redefine decentralized finance in Africa. By leveraging cutting-edge blockchain technology, Jambo aims to enhance scalability, strengthen security, and improve user accessibility, creating a seamless gateway for millions of Africans to engage with Web3. This innovation not only democratizes access to digital financial tools but also fosters creativity and community growth. Jambo has already made notable strides, with over 9.4 million wallets created, 772,118 phone orders, and a reach across 128 countries.
Through its token allocation mechanism, Jambo fosters participation in its ecosystem, helping build a sustainable and functional network. With growing demand in emerging markets, Jambo is positioned to expand its user base and continue developing its Web3 offerings, including potential satellite-related initiatives.
In line with its mission to drive blockchain innovation, MEXC is among the first platforms to list transformative projects like Jambo. The listing of J underscores MEXC’s first-mover advantage in connecting users with high-potential blockchain ecosystems. By introducing Jambo (J) to its platform, MEXC reinforces its role as a gateway to emerging innovations, empowering the global cryptocurrency community.
According to the team, to further support the growth of the Jambo ecosystem and community, MEXC will buy back MX tokens from the secondary market to reward users participating in the Jambo Airdrop+ event. This initiative highlights MEXC’s commitment to the development of the Jambo ecosystem while boosting the activity of its own community. Through the MX reward mechanism, MEXC not only aids Jambo in expanding its user base and strengthening its ecosystem but also underscores the platform’s long-term dedication to fostering mutually beneficial relationships between innovative blockchain projects and global users.
J Launch Event with a Prize Pool of 28,000 J, 5,000 MX, and 50,000 USDT
To mark the launch of Jambo (J), a prize pool comprising J tokens, MX tokens, and USDT rewards has been announced. MEXC plans to buy back its MX platform token from the secondary market as part of the event. The initiative includes four planned activities and is set to begin on January 21, 2025, at 10:00 (UTC).
These activities include:
- Event 1: Deposit and Reward Allocation of 20,000 J & 5,000 MX (Exclusive for New Users)
Eligibility is based on a minimum deposit of 150 J or 100 USDT.
Trading J Spot with a value of $100 can provide 20 J, while trading J Perpetual Futures with a value of $500 can provide 5 MX. The activity is limited to 1,000 participants per category on a first-come, first-served basis.
- Event 2: Futures Challenge with a Prize Pool of 50,000 USDT in Bonuses
Users with trading volumes exceeding 20,000 USDT may qualify for the pool. The top 2,000 participants will receive rewards ranging from 10 USDT to 5,000 USDT, depending on their rank.
- Event 3: Referral Activity with an Allocation of 8,000 J
Participants may receive 20 J per referral by introducing new users who meet the criteria of Event 1. The allocation per participant is capped at 400 J.
- Event 4: Social Engagement Rewards with 1,000 J
Following @MEXC_Listings and engaging in a campaign on X provides an opportunity to access additional rewards.
Exploring a Wide Range of Trending Tokens
MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 30 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 meme coins, with total airdrop rewards exceeding $127 million.
MEXC, known for quickly listing trending tokens, expands its offerings with Jambo (J). The J/USDT trading market officially launched in the Innovation Zone on January 22, 2025, at 10:00 (UTC), followed by the introduction of the J USDT perpetual futures at 10:10 (UTC), offering adjustable leverage from 1x to 50x with both cross and isolated margin modes. Users can trade early on the J token pre-market page with MEXC before the official launch.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.