Jambo Vision

Jambo (JAM) was conceived with the vision of one day replacing traditional fiat currencies. Blockchain technology will enable a more transparent world and we believe our innovative approach to achieving widespread adoption long term is what sets Jambo (JAM) apart from other cryptocurrencies today.

We believe the largest obstacle to the mass adoption of cryptocurrencies is price volatility. Cryptocurrencies, unlike fiat currencies, do not have a central bank to implement monetary policy focused on stabilizing purchasing power. Thus, changes in demand induce massive price fluctuations. The decentralized model to price discovery has made the majority of existing cryptocurrencies nothing more than stocks or commodities, valued on psychology, traded on unregulated stock markets, and susceptible to manipulation. The lack of price stability has prevented credit and debt markets from forming because volatility incurs a premium.

While the rest of the industry focuses on transaction throughput and smart contracts, we focus on solving price stability to realize the economic capabilities that the blockchain enables.

The Jambo

The Jambo was established to advance the adoption of Jambo (JAM), along with establishing partners and solution Providers around the world.

The Jambo also plays a key role in setting macroeconomic policy to guide the growth of the Jambo (JAM), which is set 1 year in advance.

Jambo (JAM) is named after this centralized aspect. Cryptocurrencies, unlike fiat currencies, do not have a central entity to implement monetary policy focused on stabilizing purchasing power. Thus, changes in demand induce massive price fluctuations.