Summary of Celo and the value it provides to the community.
Crypto made for mobile
Celo is a mobile-first, carbon-neutral blockchain that makes decentralized financial (DeFi) tools and services accessible to anyone with a mobile phone–bringing the powerful benefits of DeFi to the users of the 6 billion smartphones in circulation today.
With its interoperability, cross-chain compatibility and vision for inclusivity, Celo enables native and non-native digital assets–both private and public)–to circulate freely, at extremely low costs and high speeds, across devices, carriers, and countries–making money mobile, global and accessible like never before.
Celo's mission is to build a financial system that creates the conditions of prosperity—for everyone.
- 5s Average block time
- Carbon Offset 65.7 Avg Tons Per Month
- Average Network Transaction Fee <$.01
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 turning crypto into usable money with a multi-asset system: a utility, governance, and staking asset (CELO) and a growing family of Mento stablecoins named for the currencies they algorithmically follow (e.g., cUSD, cEUR, cREAL).
An EVM-compatible solution capable of reaching billions of global users at scale, Celo’s technology supports 1000+ projects from builders, developers, and even artists who everyday launch new applications and issue digital currencies from everywhere in the world usable by anyone in the world with a desktop computer or mobile phone.
Get Started with Celo
Visit celo.org to learn more.