Monday, December 23

Swiss based mobile platform BIZI LABS has planned to integrate the Polygon network into its flagship Web3 partner smartphone brand, ZMBIZI.

ZMBIZI is the world’s first smartphone that combines built-in web3 features, user rewards, and multi chain functionality.

BIZI Labs allows people to easily access web3. It’s free “super-app” that can be downloaded on any NFC-enabled Android smartphone instantly, allows people to earn via active usage of their device.

The BIZI app provides access to multiple services like exchanges and staking. BIZI keeps users engaged by constant and continuous incentivization activities for shopping, sharing, searching and general screen usage.

The usage of NFTs is a unique way to capture value and establish rights to rewards as well as access to special events, discounts and the metaverse.

BIZI LABS revealed that the soon-to-be-released device via the sale of the BIZEBRA NFTs will combine the Polygon blockchain mobile stack with a dedicated Web 3.0 framework.

The limited edition NFTs will be priced at $388 and will unlock a world of incentives.

The phone marks Polygon and BIZI-backed Outlier Ventures’ biggest bet on Web 3.0 mobile-focused growth yet.

The new web3 smartphone will feature a multi-chain functionality, decentralized applications (dApps) in areas such as Education, Gaming, Finance Health and Music.

“All users will also be rewarded with BIZI Utility tokens as part of an ecosystem that pays people for their screen activity. These tokens can later be staked, exchanged or redeemed,” the comapny said.

Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Boasting tens of thousands of DApps, Polygon is fast becoming the de facto platform for Web3.

The Polygon network offers an array of blue-chip services ranging from decentralized finance (DeFi) dApps such as Aave, Curve, Balancer, and Uniswap, to the best gaming and metaverse platforms, including Decentraland, Somnium Space, Sandbox, Atari (multiverse) and Aavegotchi.

“Mobile devices are the single biggest distribution platform in the world and today’s announcement to launch the ZMBIZI web3-enabled smartphone is a critical component to web3 adoption,” states Urvit Goel, Polygon Studios Head of Global Games Business Development. “Combining BIZI’s smartphone platform with Polygon’s web3 technical stack is set to usher in true mass-market adoption of blockchain and crypto technology.”

BIZI’s initial device partnership with its smartphone brand ZMBIZI will also offer users full-fledged Proof-of-Stake (PoS) functionality, allowing them to become “micro-merchants” and accept payments “on the go” without the need for card readers — anytime, anywhere. These contactless payments can be made from any Visa, Mastercard, Apple Pay, and Google Pay wallet. Tap to Phone will launch in the USA first, enabling normal smartphones to accept contactless card payments and become a point of sale terminal.

Users will not have to buy a ZMBIZI smartphone to enjoy all these benefits since the BIZI platform will also be available to download and install on any Android-compatible device, offering people across the world an easy and seamless gateway to Web 3.0.

BIZI Labs Founder Alpesh Patel, noted: “In combination with Polygon’s dedication and technical framework, we aim to work together to empower at least one billion Android OS users globally by giving them a mobile platform that pays them back.”

“With our affordable price points, unique rewards-based tokenomics, and vast experience in building traction in emerging markets, we will be able to ensure we give everyone a hand-up rather than a handout, Alpesh said.

Alpesh praised Polygon for its fast, low-fee framework.

Read Also: The Luxury Brand VERTU Unveils A New NFT Exclusive Smartphone

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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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