Celo (CELO)

Max Supply: 0

Circulation: 994,396,518.357

Market Cap: $263,944,656

CELO
USD

Listing Date:
2022-09-08, 08:07:46

Network:
Celo Main Chain

Asset Type:
Coin

Primary Markets (0 active)

Total Market Volume: ~$0

Liquidity Pools (0 Active)

Total Pool Liquidity: ~$0

Market Volume

Hot Wallets

Deposit
Block #39708893 @ 1.87 min ago

Balance: 0.00695366

Updated: 1.85 min ago

Withdraw
Block #39708894 @ 1.86 min ago

Balance: 176.23236395

Updated: 1.85 min ago

Highlighted Assets

Market Cap: $3.06K $0.000855

Top Volumes

Biggest Gains

About Celo

Celo is an open-source platform that aims to empower anyone with a smartphone to get complete access to the full range of financial services no matter where a smartphone owner lives. The focus on mobile devices is explained by the fact that the number of smartphone users grows faster than the number of blockchain users. Celo was created in August 2017, and its mainnet was officially launched on May 19, 2020.

The project name comes from Esperanto and means “purpose.” The team is sure that their project has absorbed the spirit of Esperanto that implies connecting people globally. Special attention is paid to developing countries, as the project was tested in Kenya, Tanzania, and Argentina. These countries are not of great popularity among crypto project developers, but their verified users of the Celo app could send and receive small amounts of crypto.

There are two testnets conducted on the platform: Alfajores Testnet that is designed for developers building on the Celo platform and Baklava Testnet that is focused on building operational experience and best practices for node operators.

How Celo works

The team follows the approach of developing both the protocol and a consumer wallet. This allows sending cryptocurrency to any person simply by using the cell phone number.