Celo CELO
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Score Sentiment Neutral
Fundraising Statistics
$0.07 -2.54%
$1
Coinbase Ventures Tier 1
Electric Capital Tier 1
Polychain Capital Tier 1 CELOCelo
USDCUSD Coin
Short Review Celo
Crypto project Celo (CELO) is classified as a Payments. Celo is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B CELO (Circulating Supply + Tokens yet to be released - Burned Tokens). The level of social activity of the Celo project is assessed as Medium.
Celo ICO Overview
Public sale of tokens will take place on the Coinlist Launchpad. Estimated date for the public token sale: 11 May 2020. Celo (CELO) price during the token sale: 1 USD. Min/Max Personal Cap: $100 / TBA. You can purchase project tokens for USDT USDC
Residents of the following countries will not be able to participate in the public sale of tokens: Australia Canada China Crimea Cuba Hong Kong Iran Non-accredited investors USA Syria USA
CELO Price Chart
The launch of CELO token trading took place on 18 February 2021.
Fundraising Rounds
Total sold 84.10 M CELO tokens (0.08% of total tokens). Total amount of funds raised by the Celo project is $66.50 M.
| Investment Round | Date | Price | Funds Raised |
| Venture Round | February 2021 | -- | $20.00 M |
| Main Sale | May 10, 2020 | $1.00 | $10.00 M |
| Pre-launch sale 2 | January 2019 | $1.00 | $30.00 M |
| Pre-launch sale 1 | June 21, 2018 | $0.18 | $6.50 M |
Celo Investors
Coinbase Ventures Tier 1 Electric Capital Tier 1 Polychain Capital Tier 1
a16z (Andreessen Horowitz) Tier 1
SV Angel Tier 2Celo cryptocurrency (CELO)
CELO is a Proof coin of-Stake platform Celo. It is used for transaction fees, governance, and several other activities on the network. Celo is a platform created specifically for cryptocurrency payments via smartphones. It provides opportunities for those who do not have access to cable or landline Internet, but do have smartphones. This makes cryptocurrency more accessible than ever. With Celo, you can make payments and create dApps just using your smartphones.
Celo (CELO) Overview
The main idea of the Celo project is to create an economy that would provide conditions for prosperity for everyone. It is based on the theory of change. It describes how short-term actions lead to long-term impact. The team believes that economics should cover the following:
- Basic needs. Prosperity is only possible if the basics such as clean water, enough food and proper healthcare are covered.
- People can follow their own path. The traditional economy is full of obstacles to prosperity. For example, unemployment and lack of savings.
- Social support. Support is critical to thriving and has been proven to enable people to take action even when they are in a difficult situation.
The main network launched in April 2020. Since then, the team has done a lot both in the social sphere and in the crypto world.
CELO Advantages
- Developed ecosystem.
- Tools for creating dApps using a smartphone.
- Participation in the humanitarian assistance program.
- Access to decentralized financial instruments.
- P2P support.
- Considered to be completely decentralized.
- Tries to provide fast transactions.< /li>
- Remains transparent.
Disadvantages of CELO
- Not Compatible with the Ethereum blockchain, resulting in lower adoption rates.
- Does not have high liquidity, resulting in slower speed.
- b> It has scalability problems.
