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Binance-backed CoralApp launches new gadget for web3 users with passive income opportunities

Main Points Related to Coral Phone and Web3:

  • CoralApp, a Binance-backed platform, introduces the Coral Phone to tap into the smartphone market.
  • The phone integrates AI and web3 capabilities for DeFi, GameFi, and SocialFi.
  • Users can access DeFi services, multi-chain functionalities, decentralized social networks, and web3 games.
  • The phone features secure storage solutions, biometric authentication, and high-end hardware.
  • The Coral Phone competes with products like Solana Labs’ Saga smartphone and JamboPhone.

Introduction of Coral Phone in Smartphone Market:

CoralApp, supported by Binance, has launched the Coral Phone to tap into the vast smartphone market. With an estimated 6.84 billion devices currently in use and projections to reach 7.1 billion by 2024, the Coral Phone aims to offer AI and web3 capabilities for decentralized finance, gaming, and social interactions.

Coral Phone Features and Benefits:

Aside from traditional smartphone features, the Coral Phone is designed to seamlessly integrate with decentralized applications and networks. Users can access DeFi services, manage investments, trade cryptocurrencies, and earn interest on digital assets without additional devices. The phone also supports multi-chain functionalities for interaction with various blockchain networks, empowering users to generate passive income through DePIN services and decentralized social networks.

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