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What Is Celo (CELO)?

June 26, 2024
Altcoins
1 min

Celo is a carbon-negative, permissionless blockchain platform designed to create a more inclusive financial system. Accessible to anyone with a mobile phone, the Celo ecosystem includes a decentralized, proof-of-stake blockchain technology stack (the Celo platform), the CELO governance asset, and several Mento stable assets (cUSD, cEUR, cREAL) that enable real-world users to utilize digital assets. The open-source Celo mainnet launched on Earth Day 2020. Recently, the Celo community passed an indicative on-chain governance proposal to migrate Celo to an Ethereum layer-2. Major companies like Google Cloud, Deutsche Telekom, and Telefonica run validators on the Celo Platform. Today, the platform supports over 1,000 projects in more than 150 countries, helping to create the conditions for prosperity for all. For more information, please visit Celo.org.

Who Are the Founders of Celo?

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Celo is a carbon-negative, permissionless blockchain platform designed to create a more inclusive financial system. Accessible to anyone with a mobile phone, the Celo ecosystem includes a decentralized, proof-of-stake blockchain technology stack (the Celo platform), the CELO governance asset, and several Mento stable assets (cUSD, cEUR, cREAL) that enable real-world users to utilize digital assets. The open-source Celo mainnet launched on Earth Day 2020. Recently, the Celo community passed an indicative on-chain governance proposal to migrate Celo to an Ethereum layer-2. Major companies like Google Cloud, Deutsche Telekom, and Telefonica run validators on the Celo Platform. Today, the platform supports over 1,000 projects in more than 150 countries, helping to create the conditions for prosperity for all. For more information, please visit Celo.org.

Who Are the Founders of Celo?

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