Bitcoin Forum

Celo


Mission: build a financial system that creates the conditions for prosperity—for everyone.


Build on Celo
Celo is a platform that is open and open-source, allowing for an ecosystem of powerful applications built on top, including easier cash transfer programs, peer-to-peer lending, collaborative small-scale insurance, and other digital assets and wallets.

Mobile-First Platform
To create a truly inclusive financial system, we started by building an infrastructure to serve those excluded from the current system. Celo’s protocol includes unique features that create a seamless user experience on mobile phones.

Powered by our community
Celo's platform is powered by the community. Users can earn currency by hosting software that forwards mobile devices' requests or validates their transactions.

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Website: https://celo.org

Token Sale: Coinlist (https://coinlist.co/celo-auction?referral_code=ZNRKDR)

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Become a backer of Celo.

Register on CoinList (https://coinlist.co/celo-auction?referral_code=ZNRKDR) to purchase Celo Gold when the auction opens (available to non-US persons).


Auction Details:

Asset
Celo Gold (“cGLD”)

Auction Type
Dutch Auction

Key Auction Dates
Auction expected in April
More details coming soon

Starting Bid   $12.00 per cGLD
Reserve Price   $1.00 per cGLD
Minimum Bid   $100 Minimum Contribution

Supply Available in auction   
26.5m cGLD

Circulating supply at launch   
220 million cGLD

Lock-Up Period   
60-day lock-up

Vesting Schedule   
12 Months, with the first 10% becoming vested after 60 days and then each incremental 10 % vesting every 30 days thereafter.

Eligible Participants   
Non-US Participants, additional jurisdictional restrictions apply

Purchase Bonus
For every 2 cGLD purchased, you get 1 cGLD bonus up to 5,000 cGLD purchased (maximum bonus of 2,500 cGLD). Available to the first 1000 successful bids.

Referral Bonus
50 cGLD for each person you refer that successfully participates in the auction. Maximum bonus of 500 cGLD per person.

Celo to Issue at Least $15.6m in Community Grants During 2020

Open-source payments network, Celo (cGLD), announced on March 31 that it had awarded $700,000 in developer grant funding to 16 startups looking to build on the Celo network.

https://cointelegraph.com/news/celo-to-issue-at-least-157-mln-in-community-grants-during-2020

Celo Developer Bootcamp Announces 18 Finalists From 15 Countries

Open-source payments network and Libra rival Celo has announced 18 finalists spanning 15 countries from its CeloCamp blockchain accelerator program hosted in partnership with digital events company Upright.

https://cointelegraph.com/news/celo-developer-bootcamp-announces-18-finalists-from-15-countries

Celo Begins its Ramp Up as Support Pours in from Paypal, a16z and Winklevoss Capital for ‘Blockchain Startup Camp’

On April 22, it was revealed that multiple organizations including PayPal, Winklevoss Capital, and Andreesen Horowitz were pitching in to support Celo to conduct an 8-week blockchain camp. The aim of the camp is to discover blockchain startups that can make a mark in the industry with the winners set to receive $30,000 in prize money.

https://www.tronweekly.com/celo-begins-its-ramp-up-as-support-pours-in-from-paypal-a16z-and-winklevoss-capital-for-blockchain-startup-camp/

I am wondering if the stated backers here are true. They even have coinbase in the list. Also, did Casey Neistat ever mention Celo in his Youtube channel?

https://i.ibb.co/nk2mSgX/Screen-Shot-2020-04-28-at-6-40-14-AM.png

What are your thoughts on the ICO? I think they're pretty established business with legit cases and aims to push block chain the to developing countries so many use cases. Im considering investing but I can't find anyone to have a discussion with

Celo Network Reveals Over 20 New Alliance Members

Celo, a stablecoin payments network, has announced the addition of more than 20 new members to its "Alliance for Prosperity" ahead Celos’s mainet launch — which is currently expected for mid-May.

https://cointelegraph.com/news/celo-network-reveals-over-20-new-alliance-members

Some info:

The Stanford Blockchain Conference 2020
Arrillaga Alumni Center, Stanford University
Feb. 19-21, 2020
https://cbr.stanford.edu/sbc20/

2:30pm   
The Celo Ultralight Client
speaker:   Marek Olszewski and Michael Straka, Celo

https://diyhpl.us/wiki/transcripts/stanford-blockchain-conference/2020/celo-ultralight-client/

Celo brings total number of companies supporting to 75

Celo, a competing project to Facebook’s Libra project, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75.

https://thepaypers.com/cryptocurrencies/celo-facebook-libras-competitor-brings-total-number-of-companies-supporting-to-75--1242222

Investors on CoinList Pour $10M Into Celo Token Sale in Roughly 12 Hours

The Silicon Valley blockchain startup cLabs and its corresponding nonprofit, the Celo Foundation, just raised $10 million through a token sale to investors on the CoinList platform.

https://www.coindesk.com/accredited-investors-on-coinlist-pour-10m-into-celo-token-sale-in-roughly-12-hours

Celo Founder on Raising $10M and Redefining Money

"Much like how money was backed by gold, new stablecoins can be backed by tokenized resources that we want to see more of in the world (e.g., tokenized rainforests). When picking between two stablecoins, you may soon be able to choose between, say, helping to solve global warming, or contributing to it."

https://cointelegraph.com/news/celo-founder-on-raising-10m-and-redefining-money

Celo Foundation Launches Mainnet After Raising $40 Million
https://medium.com/celoorg/its-official-celo-mainnet-is-here-6a3a71763f68

In a Medium blog posted on May 19, Celo said transfers of Celo Gold (cGLD), an ERC-20 token, are now enabled via on-chain governance, meaning exchanges are free to integrate with the platform. The company thanked the “commitment, passion, expertise, and engagement of over 100 independent validators around the world” for making the network possible.

https://cointelegraph.com/news/celo-foundation-launches-mainnet-after-raising-40-million

What is Celo and could it succeed where Libra won’t?

Celo promises to be a stablecoin to rival Libra. While unlikely to be regarded with the same distrust as Facebook’s much-maligned digital currency, Celo will still have its share of challenges relating to regulation and scale.

https://www.finextra.com/the-long-read/41/what-is-celo-and-could-it-succeed-where-libra-wont

Libra without Facebook: How Celo boosts financial inclusion

Thanks to Facebook-based Libra project, “stablecoins”, the latest craze in the cryptocurrency space, have attained great interest from the financial sector in recent months, spurring major central banks worldwide to offer the digital cash of tomorrow.

https://www.ejinsight.com/eji/article/id/2482573/20200603-Libra-without-Facebook:-How-Celo-boosts-

Celo Will Be 'PayPal on Speed' With Its Own Currencies, Says Blockdaemon CEO

The CEO of Celo alliance member Blockdaemon believes that the Celo ecosystem will soon comprise “PayPal on speed with its own native currencies.”

https://cointelegraph.com/news/celo-will-be-paypal-on-speed-with-its-own-currencies-says-blockdaemon-ceo

Kenya’s PesaBase Emerges Winner in the Global Celo Blockchain Inaugural Camp – Edition One

After 2 (two) months of the inaugural Celo Bootcamp with 251 teams from 60 countries participating, Kenya’s PesaBase, has emerged the winner of the first edition of the Celo BootCamp.

https://bitcoinke.io/2020/06/pesabase-wins-celo-camp/

Celo Dollar (cUSD) Stablecoin Launches as the Libra Rival Eyes Digital Ecosystem Dominance

Celo Dollar (cUSD) is designed to further enhance the grown of $34 billion P2P markets, $1.4 trillion PoS market, $248 billion gig economy, and $87 billion remittance market.

https://bitcoinexchangeguide.com/celo-dollar-cusd-stablecoin-launches-as-the-libra-rival-eyes-digital-ecosystem-dominance/

We heard of Libra. But Celo? It is music to many crypto ears

Facebook's Libra has a competitor called Celo, another stable coin initiative, but one that resonates better with supporters, the same that deserted Libra, and more.

https://www.ameinfo.com/industry/Crypto/we-heard-of-libra-but-celo-it-is-music-to-many-crypto-ears

The okex exchange announced the listing of CELO, it will be possible to replenish the deposit on July 16, trading will begin on July 17 with available pairs CELO / USDT, CELO / BTC

https://www.okex.com/support/hc/en-us/articles/360045795012

cLabs Tech Sync #4 | The cLabs engineering and product updates

- cLabs operates Forno, an optional service that provides access to the Celo network for users choosing not to run their own full node
- Light client improvements
- Gas estimation, expedited
- Instant syncing with Plumo
- Full node incentives
- Meet the team! Victor Graf

Learn more: https://medium.com/celoorg/fast-and-light-39ec38759900.

ContractKit 1.0.0

The cLabs team is excited to release ContractKit 1.0.0! ContractKit allows for builders to interact with the Celo blockchain and easily integrate Celo Smart Contracts into their applications. This update modularizes ContractKit, allowing developers to only require dependencies they need.

Read more here (https://medium.com/celoorg/contractkit-1-0-0-9c0412462d45)

Batch 4 is here. Apply to Celo Camp today!


Celo Camp is back with batch 4! Want to join the movement of entrepreneurs, developers, and designers dedicated to building dApps for a more prosperous future for everyone? Apply now (https://uprightvcamps.typeform.com/to/quXrAmhG#source=medium) and take your entrepreneurial journey to the next level!
Celo Camp (http://celocamp.com), created and run by Upright (http://upright.gg) in collaboration with the Celo Foundation, is an 8-week virtual acceleration and mentorship program that guides decentralized technology startups in building scalable and sustainable businesses on Celo (http://www.celo.org/).

Learn more here (https://medium.com/celoorg/batch-4-is-here-apply-to-celo-camp-today-1f33e3efdc29)

You have a very long list of contributors as well as backers.
And are those over 80 companies supporting this platform are also using your technology in their business?
Like for example, what is the use of Celo to Coinbase or Jack Dorsey? As it is listed in your website as early backers.
Are they financially supporting Celo or what kind of participation they have on this project?

PayU Now Enables Major Online Marketplaces, Retailers, and Other Merchants to Accept cUSD


Celo is excited to share that PayU (https://corporate.payu.com), one of the largest payment providers for emerging markets, is making a significant purchase of the Celo native digital asset (CELO) — its first purchase of this kind — and joining the Celo Alliance for Prosperity (https://celo.org/alliance). Starting in the fall, PayU is also giving its nearly half a million merchants the ability to accept Celo's stablecoin, cUSD (https://medium.com/celoorg/celo-dollars-powerful-new-digital-money-in-circulation-b4147eda2d10), as a payment option.

Read more (https://medium.com/celoorg/payu-now-enables-major-online-marketplaces-retailers-and-other-merchants-to-accept-cusd-ecdefda1e07f)

Celo is one of the blockchains in which is available ALIENO multichain token:
https://www.youtube.com/watch?v=Bqb4_szO7e4

ALIENO actively recommend and promote the Celo blockchain, given its extremely low blockchain transaction fees and instant transaction confirmation:
https://alieno.io/alieno-token-blockchains

Address of the ALIENO token in the Celo blockchain: 0x26C17F72DEa13200F562E0438F718cF9e103D316 (https://explorer.celo.org/tokens/0x26C17F72DEa13200F562E0438F718cF9e103D316)

The initial coin offering (ICO) of the ALIENO token at a price of 1 USD per piece, takes place in the official ALIENO online shop. Direct address:
https://alieno.io/product/alieno-token

Don't miss it, if you want to be involved in the creation of out-of-this world ALIENO all-electric hypercars:
https://alieno.io/arcanum-discover