EN
Crypto
CELO
CELO
CELO
0.6607
-3.16%
≈0.6612
Infrastructure
A16z portfolio
CoinList online
Payments
Coinbase Ventures Portfolio
Circ/Total Supply
556692051/1000000000
55.7%
Volume/24h%
40080784.249949
-3.16%
#148
24h Turnover
10.9%
24h
-3.16%
7d
-20.88%
3mo
25%
6mo
15%
1y
-17%
All
- -
Chain
CELO,Energi
Algorithm
Consensus
Launch Date
--
Token Distribution
Website
Whitepaper
Social Media
Social Media
Explorer
Explorer
Cryptocurrencies
$367,814,447.56
MC %
0.01%
FDV
$660,714,387.61
Circulating Supply
556,692,051 CELO
Total Supply
1,000,000,000 CELO
Circ. Rate
55.6692%
Max Supply
1,000,000,000 CELO
Listed Date
--
Listed DEX/CEX
27
Initial Price
$1
Project Info
check more
Celo is a blockchain protocol that aims to address some of the barriers to crypto asset adoption (user experience and volatility) by using phone numbers as public keys and issuing native stable-value tokens. The network supports the development of smart contracts and decentralized applications. Its first app, Celo Wallet, is intended to be a mobile-centric social payment system. Celo has two major cryptographic assets: Celo and Celo Dollars. Celo (Celo) is the native asset of the protocol. It acts as a utility that enables users to participate in network consensus (through its proof-of-claim system) to pay for on-chain transactions and to vote on governance decisions. Celo Dollars (cUSD) is a stable asset that tracks the U.S. dollar.
By 2025, the number of smartphone users will exceed 7 billion, But there are fewer than 100 million cryptocurrency users. According to the Celo Foundation, availability and price stability remain the two main barriers to cryptocurrency adoption. Celo's mobile-first approach fills this gap.
Key technical innovations that promote adoption include:
- Fast lightweight transactions (block headers optimized for fast mobile phone synchronization). The ability to send currency to a phone number (a lightweight identity protocol that maps the hash of a phone number to a public key -- making it easier for anyone with a mobile phone to send and receive digital currency to anyone in the world). < LI > The option to automatically deduct transaction fees and pay gas in stable currency (as low as $0.01). Stablecoin, starting with cUSD, is backed by decentralized reserves to help provide stability, transparency and auditable.
| Distribution of tokens | Number of | Percent |
|---|---|---|
| Verify the reward | 2448000 | 24.48% |
| Team, advisors, founders and contributors | 1937000 | 19.37% |
| Community grant | 1714000 | 17.14% |
| Open to booking | 1230000 | 12.3% |
| Initial reserve | 1200000 | 12% |
| Operational grant | 736000 | 7.36% |
| The remaining | 735000 | 7.35% |
CELO Related Information
6 Questions for Rene Reinsberg of Celo
Cointelegraph
2022.07.10 13:07
Celo network back online after almost 24-hour outage
Cointelegraph
2022.07.15 01:30