What is Celo (CELO)?

Celo aims to build a fast, affordable, and scalable blockchain. The name Celo means ""purpose"" in Esperanto, and hints at the blockchains bigger vision. Launched publicly in 2020 after four years of development, the blockchain wants to bring digital money to everyone, regardless of the tech they use or the sophistication of the banking system they live in. For that, Celo tries to solve two problems: Reduce the technical knowledge typically needed to use crypto, and avoid crypto's strong value fluctuations. And it does all that while being carbon negative.
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CELO
No value0% last 7 days
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Cryptohunt's Opinion

Our take on Celo

We think Celo has a lot going for itself. Crypto today has many issues to overcome to go mainstream and Celo is solving three of them already: Using your phone number instead of cryptic wallet addresses makes it much easier to send money. Three interchangeable stable coins make everyday purchases feasible. And the underlying technology is modern enough to support large amounts of transactions with low fees, and all that while having a positive impact on the planet. If we compare that to Bitcoin and Ethereum, the big two, Celo is already a big improvement in theory. Those others are slow, expensive, hard to use, and planet-killers. Our worry, like with all other promising Ethereum competitors, is that Celo faces fierce competition on the way to the top. Disclaimer: Celo is an investor in cryptohunt through Flori Ventures. Regardless of our relationship with creators, we always promise you an honest take on every project and full disclaimers.
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How do you feel about Celo?

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Listen to "What makes Celo special? (Part 2)"
Learn about Celo, a blockchain that wants to bring more than just technology to the market. · 3 mins
What makes Celo special?
Celo is a on its own, uses to validate transactions, and is. Celo also supports.

Interesting facts about Celo

Here are some facts you may not already know about Celo. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Celo is carbon negative, meaning it has a net positive impact on our climate.

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There are currently over 600k wallets that use Celo every month.

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Instead of needing those complicated wallet addresses, wallets on Celo can simply be linked to phone numbers or email addresses.

Celo reviews from the cryptohunt community

Dive deeper into the different opinions about Celo and learn how others feels about it.
Celo
Positive review
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Moola
22 days ago

Strong community

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Celo
Positive review
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Haunt
27 days ago

The fastness in transaction

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Celo
Positive review
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Summercloud
2 mo. ago

Fast transactions, reliable and low fees

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How to buy Celo (CELO)

There are many ways to acquire Celo (CELO), but we think this is the easiest way to start.Have a better way?Let us know!
1. Create an account with an exchange
Create an account with the crypto exchange of your choice. Coinbase and Binance both support Celo for example.
2. Buy Celo
You can buy Celo directly on those exchanges, using money from your bank account or debit/credit cards.

Celo price and insights

See how much Celo is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 26 community reviews
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
38,954
3% of them are active
# Telegram members
10,701
4% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Celo, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
38,954
# Active Discord members
1,181
# Telegram members
10,701
# Active Telegram members
460

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