New Beginnings: Introducing JAN3
Samson Mow, a prominent figure in the Bitcoin universe, known for his innovative work with Blockstream and Pixelmatic, has ventured into new territory with the launch of his company, JAN3. This fresh initiative aims to amplify Bitcoin (BTC) adoption globally, and El Salvador is taking the spotlight.
Partnership with El Salvador: A Match Made in Crypto Heaven
Mow announced that JAN3 has entered a memorandum of understanding with El Salvador to assist in building the country’s digital infrastructure. “It’s a general MOU that says we’ll work together to build digital infrastructure for the country and for Bitcoin City,” Mow stated, adding that the decision to collaborate was as easy as sending a text and getting a quick thumbs-up in response.
The Vision of Bitcoin City: Powered by Volcanoes
While Bitcoin City sounds like a sci-fi metropolis, it’s set to become a reality in El Salvador, where Mow and his team will work closely with President Nayib Bukele. The city aims to harness geothermal energy from nearby volcanoes to fuel both Bitcoin mining operations and the city’s infrastructure. Who knew that Mother Nature could be such a powerful partner in tech?
Funding and Growth: The JAN3 Power Play
With a rapidly growing social media presence, boasting over 3,300 followers on Twitter, JAN3 has already secured an impressive $21 million in funding at a valuation of $100 million. This funding round was led by notable figures in the crypto space, including Alistair Milne and Chun Wang, showing that there’s significant faith in what Mow is cooking up.
A Name with a Legacy: Why JAN3?
The company’s name, JAN3, pays homage to January 3, 2009 — the day when Bitcoin’s enigmatic creator, Satoshi Nakamoto, mined the first block. The company’s inaugural tweet playfully referenced the historic newspaper headline from that day, bridging the past with Mow’s ambitious future.