 | Celo (CELO)IEO  Celo is the core utility, reserve, staking, and governance asset for the Celo platform. The platform aims to make financial tools borderless, easy to use, and accessible for anyone with a mobile phone. Funding Round: $6.5 Million Strategic Round: $20 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Celo
Celo was designed to enable a new universe of financial solutions accessible for mobile users, creating a global financial ecosystem where an end-user can onboard into the Celo ecosystem with just a mobile number. Here are few of the key features of Celo:
- Layer-1 protocol
- EVM compatible
- Proof-of-Stake
- Carbon negative
- Mobile-first identity
- Ultra-light clients
- Localized stablecoins (cUSD, cEUR, cREAL)
- Gas payable in multiple currencies.
Celo makes sending payments as easy as sending a text, to anyone with an internet connection, anywhere in the world. Celo maps phone numbers to wallet addresses using a novel decentralized address-based identity layer. Mobile participants can earn rewards for securing and maintaining the system.
CELO is the platform-native asset that supports the growth and development of the Celo blockchain and ecosystem. CELO holders can earn rewards, stake with validators, and vote on proposals that shape the future of Celo.
DetailsIEO (Coinlist Launchpad): Apr 29, 2020 - May 12, 2020Token supply: 1,000,000,000 CELO LegalBlockchain Platform: EthereumRegistration country: United States Registration year: 2018 | Token infoTicker: CELOType: Utility-token Token standard: ERC-20 Token price in USD: 1 CELO = 0,5 USD Token distribution: 24,5% - Staking & Validator Rewards 19,4% - Team, Advisors, Founders and Contributors 17,1% - Community Grants 12,3% - Token Sales 12% - Initial Reserve 7,36% - Operational Grants |
Project team
Advisors
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