Celsius Network believe in a new economy. They are looking to create an economy where financial freedom does not come with a price tag. In the Celsius Economy, the interests of the people are put first. Thus, everyone have a chance to succeed financially.
Alex Mashinsky, Founder at Celsius Network recently expressed, When we wanted to create a better candle we invented the Light Bulb (not bigger and stronger candle) When we wanted to create better MONEY we didn’t make a greener dollar, we Invented Bitcoin for people who use their entire life it is hard to look at it first and see the future.
He further expressed that they are in the process of handing off the baton from Bitcoin speculators who dominated BTC since 2018 to long-term institutional holders. This he felt will take about two years and will involve several price changes as they try to match limited supply with growing demand.
Celsius are focusing on providing a platform which facilitates curated services. These services they say have been abandoned by the big banks. The services are fair interest, zero fees, and lightning quick transactions. They have a goal to disrupt the financial industry by creating one happy user at a time and ultimately introducing financial freedom through crypto.
Commenting, Sydney Ifergan, the crypto expert tweeted: “I see that Celsius Network (CEL) are well aware that the future of finance does not happen overnight and they are trying to do one thing at a time.”
The Celsius community recollect how Alex and Daniel way back in 2017 drew up the plan for Celsius on coffee shop napkin. In March 2018, Celsius completed their successful initial coin offering by making CEL Tokens available across the world. During June 2018, Version 1.0 of the Celsius app was launched. During August, Celsius users received their first rewards through the Celsius App. In December, Celsius exceeded $50m in terms of community assets and $100m in coin loan origination, which is a significant milestone.
Further, they have been progressing fairly well. In June 2020, Celsius has been made available to potential investors and not just venture capitalists. They firmly believe in that customers like to be treated fairly.
Celsius (CEL) Making Waves and New Waves
Reportedly, the Celsius Network have processed loans worth $8.20 B so far. There are nearly 263,000 users with $3, 318, 368, 196 in community assets. The community-oriented systems believe in the power of disruption as they are acting in the best interest of everyone. CEL are making Waves and New Waves.
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