Celo (CELO) offers a mobile-first, carbon-negative blockchain for inclusive finance and global dApps. More
| Fully Diluted Valuation | $314.12M |
|---|---|
| 24H Trading Volume | $14.22M |
| 24H Low / High | $0.31 / $ 0.32 |
| Circulating Supply | 581.41M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Categories | DWF Labs Portfolio 9 more |
|---|---|
| Founder | Rene Reinsberg 2 more |
| Website | celo.org Whitepaper |
| Socials | 4 more |
| Chains | Celo Ecosystem |
| Explorer | Celo 3 more |
| Contracts |
0x471....8a438
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| Name | Pair | OG Score |
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Celo (CELO) Overview
Celo (CELO) is a blockchain platform founded in 2017 by Rene Reinsberg, Marek Olszewski, and Sep Kamvar. The platform was launched on Earth Day 2020 with a mission to create a more inclusive financial system through its innovative technology and ecosystem.
Mobile-First Design
One of Celo's standout features is its mobile-first design, enabling anyone with a mobile phone to access the platform and participate in the decentralized financial ecosystem. Through its proof-of-stake consensus mechanism, Celo operates with significantly lower energy consumption compared to proof-of-work chains, making it more sustainable and environmentally friendly.
Ecosystem and Assets
Celo's ecosystem includes the CELO governance asset and several Mento stable assets (cUSD, cEUR, cREAL), which allow users to use digital assets for real-world transactions. With its focus on interoperability and cross-chain compatibility, Celo aims to accelerate global financial inclusion and promote community commerce.
Support and Growth
The platform has garnered support from global partners such as Google Cloud, Deutsche Telekom, and Telefonica, who run validators on the Celo platform. This support, along with a growing community of developers, has led to the development of over 1,000 projects in more than 150 countries on the Celo platform.
Mission and Impact
Overall, Celo's mission is to create the conditions for prosperity for all by democratizing access to financial services and promoting climate-positive technology. Its unique features, sustainable approach, and focus on mobile accessibility make it a promising player in the blockchain and decentralized finance (DeFi) space.
Celo stands out for its carbon-negative, permissionless blockchain, enabling inclusive financial systems globally. It focuses on mobile-first design, interoperability, and supporting various stable assets for real-world use, setting it apart in the blockchain landscape.
Celo was co-founded by Rene Reinsberg, Marek Olszewski, and Sep Kamvar in 2017. Rene is now the President of the Celo Foundation, Marek serves as the Chief Technology Officer at cLabs, and Sep is a computer scientist and artist.
Celo has garnered support from notable backers and investors such as Google Cloud, Deutsche Telekom, Telefonica, and a diverse community of validators running the platform, contributing to its global presence and ecosystem growth.
You can buy Celo (CELO) on Binance, Bybit, BitgetGate.ioOKX cryptocurrency exchanges.
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