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.
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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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 50 community reviews
Market insights
Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
Project health
# Discord members 40,760 3% of them are active
# Telegram members 9,420 3% 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.