Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. Celo Dollars are now in circulation. They are creating a new story in finance, savings, education, sending, giving, lending, and regeneration.
A recent tweet expressed that CELO will soon be available on CoinbasePro.
Further, CELO was listed under the CGLD ticker on Coinbase Pro. This is temporary and it does not affect the asset or participation. Users will be able to send & receive CELO or CGLD, as they are the same asset.
CeloOrg are working with a clear mission to build a financial system, which creates the conditions for prosperity, for everyone.
Last month, cLabs announced the acquisition of leading cross-chain architecture firm Summa in the process of strengthening the Celo Ecosystem.
A lot of community activities like Growing businesses with the Celo Platform in the Philippines, developing innovative ideas to help their communities prosper in Mexico, and Earning Celo Dollars via microwork in Kenya.
They make use of a mobile-first approach which provides the opportunity to positively impact 5.6B smartphone owners from across the globe. Celo dollars are supported by a mission-aligned network of technologists, international NGOs, and organizations who are committed to building an inclusive financial system.
The usability focused tech innovations permit Celo to truly work across devices, carriers, & countries.
Sydney Ifergan, the crypto expert tweeted: “Celo are creating money with a meaning and they work with value. Thus, providing prosperity for all with what if money were beautiful.”
CELO On Projects Alleviating Poverty
The Celo foundation firmly believe in a future where everyone will be able to prosper. They are a non-profit based in the US who are supporting the growth and development of the open-source Celo platform with guidance from the Celo community tenets.
Celo is founded on two core values which are unique purpose and connectedness. These, in turn, lead to practices which foster personal growth and community. Their philosophy is based on the work of Charles Eisenstein’s sacred economics.
The theory of change that they propose is based on how the short-term actions will lead to long-term social impact.
The foundation are contributing to education, technical research, environmental health, community engagement, and ecosystem outreach along with activities which support and encourage an inclusive financial system which creates the conditions required for the prosperity of everyone.
Celo is pronounced /ˈtselo/ which means purpose in Esperanto. It is an entirely native tongue. They are focused on solving real-world problems like lack of access to sound currency and solving the friction involved in cash transfer programs which are mainly focused on alleviating poverty.
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