Discover Celo
Celo is a blockchain network designed for the real world, with a mission to build a regenerative digital economy that fosters prosperity for all.
What is Celo?
Celo is an emerging Ethereum Layer-2 designed to make blockchain technology accessible to all. With its focus on scalability, low fees, and ease of use, Celo is ideal for building blockchain products that reach millions of users around the globe.
Why Build on Celo?
Celo is fully EVM-compatible, offering the same development experience as Ethereum with improved scalability and lower costs.
Built for Everyday Users:
Celo is designed with features that lower the entry barrier for those new to cryptocurrency.
- Fee Abstraction: Users can pay transaction fees with several different tokens, making payments simple and flexible.
- Sub-Cent Fees: Celo maintains low gas fees, often below a cent, keeping transactions affordable.
- Native Stablecoins: Celo provides native stablecoins like cUSD, cEUR, cREAL, and cKES, offering a stable way to send and receive money. Check out Mento to learn more.
Mobile-First Approach:
Celo is optimized for mobile devices, making blockchain accessible to billions of smartphone users worldwide.
- Ultralight Client: Celo’s lightweight client allows fast transactions on mobile phones without needing to download large amounts of data, ideal for areas with limited internet.
- Phone number mapping: Celo’s native protocol Social Connect, links wallets to phone numbers, making it easy to send and receive payments using just a phone number.
Optimized for Global Reach:
- Scalability: Celo’s focus on real-world use cases has already helped scale applications to over 100,000 daily active users (DAUs), proving its capability to support large-scale deployment.
- Community Engagement: Celo boasts an active global community of users and builders. With over 4 years of experience in bringing blockchain to real-world users, Celo offers a supportive environment for developers to test, launch, and scale their applications. Community members are engaged and eager to provide feedback, helping builders refine their products for broad, practical use. If you are interested in contributing, make sure to reach out.
Carbon Negative:
Celo is committed to environmental sustainability, offsetting more carbon than it produces.
- Proof-of-Stake: Celo uses an energy-efficient consensus mechanism that avoids energy-intensive mining, reducing its carbon footprint.
- Ultragreen-Money: A portion of every transaction feengoes towards carbon offsetting and sustainability projects, supporting environmental efforts with every transaction.
Understanding the Celo Ecosystem
What is CELO?
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.
What Makes Celo's Native Stablecoins Unique?
Named for the currencies they follow, Celo Dollars (cUSD), Celo Euros (cEUR), Celo Reals (cREAL), and Celo Kenyan Shilling (cKES) are Mento stablecoins that allow you to share value faster, cheaper, and more easily on your mobile phone. Mento stablecoins instantly unlock access for everyday uses like low-cost remittances and cross-border payments, global distribution of charitable aid, effortlessly paying online, or transferring value within exchanges, particularly in markets subject to currency volatility.
Get Started with Celo
Whether you're an experienced developer or just starting out, Celo provides the essential tools and resources to turn your ideas into reality.
Start building on Celo today and contribute to a growing ecosystem that supports a regenerative digital economy, fostering prosperity for all.
Connect with us on Discord or on X, and be sure to explore our ecosystem resources.