Celo CELO

Celo is an open platform that makes financial tools accessible to anyone with a mobile phone
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Inspired by extensive research in emerging markets and developing countries — Tanzania, Colombia, Argentina, Mexico, the Philippines, and Kenya — Celo is building a mobile-first blockchain platform alongside a suite of financial tools accessible to anyone with a basic smartphone. On this platform, value can be transferred faster and cheaper than traditional bank wires using globally accessible technology. Since cryptocurrencies are completely programmable, a wide array of financial services can be created without costly intermediaries.

The Celo network features a stability protocol capable of hosting an ecology of stable value currencies like the Celo Dollar, regional currencies, commodity based stablecoins and more. The C Labs team has created the Celo Wallet, which makes sending stable currencies as easy as sending a text message. Since Celo is completely open-source, developers can collaborate to build financial applications and services to empower people around the world.


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Recent News
After a 273% rally, this key indicator signaled that CELO price was overextended
Sep 03 · Coin Telegraph · This week, CELO embarked on a flash rally that generated an almost vertical line on its price chart, but then it quickly faded without ushering in a strong second wave.
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Finance Redefined: Swindling the lender and a $100M pot, Aug. 30–Sept. 3
Sep 03 · Coin Telegraph · This has been another jam-packed week in the decentralized finance, or DeFi, space.
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Celo, Fantom Tokens Jump on Fresh DeFi Incentive Programs
Aug 30 · CoinDesk · “Shortly after the announcement, CELO daily sentiment spiked more than 20 points in less than 2 hours, signalling almost instantaneous trader interest in the asset,” Nick Mancini, research analyst at trading sentiment data provider Trade the Chain, said.
Leading DeFi projects launch $100M global adoption initiative
Aug 30 · The Cointelegraph · The DeFi applications involved in the project — AAVE, SushiSwap, Curve, 0x and PoolTogether, amongst others — will together provide up to $100 million in educational initiatives, grants, and incentives in an effort to educate individuals globally about decentralized finance.
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Leading DeFi projects launch $100M global adoption initative
Aug 30 · Coin Telegraph · The DeFi applications involved in the project — AAVE, SushiSwap, Curve, 0x and PoolTogether, amongst others — will together provide up to $100 million in educational initiatives, grants, and incentives in an effort to educate individuals globally about decentralized finance.
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