CELO

Unicorn Growth Capital and EchoVC Join the Celo Foundation’s Efforts To Strengthen Celo’s Africa Ecosystem

Retrieved on: 
Friday, September 16, 2022

Unicorn Growth Capital , an Africa-focused venture fund investing at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), and EchoVC , a technology-focused, early-stage venture capital firm for underrepresented founders and underserved markets, join the Celo Foundation in supporting growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.

Key Points: 
  • Unicorn Growth Capital , an Africa-focused venture fund investing at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), and EchoVC , a technology-focused, early-stage venture capital firm for underrepresented founders and underserved markets, join the Celo Foundation in supporting growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.
  • Over 50 companies in Africa have raised venture rounds in the Celo ecosystem this past year alone, says Aliu Musa, the Celo Foundations Africa ecosystem lead.
  • Our ecosystem of founders and builders are transforming peoples relationship to financial products, helping them attain meaningful wealth to improve their lives.
  • "As we transform the future of finance, Unicorn Growth Capital is excited to have Celo as an important partner for our portfolio companies to leverage their mobile-driven platform and growing DeFi ecosystem," says Barbara Iyayi, Unicorn Growth Capital founding partner and CEO.

Brave Now Supports Celo Blockchain and Dapps

Retrieved on: 
Friday, September 9, 2022

Celo Foundation President and Celo Co-Founder, Rene Reinsberg says, We are excited to welcome Brave to the Celo ecosystem.

Key Points: 
  • Celo Foundation President and Celo Co-Founder, Rene Reinsberg says, We are excited to welcome Brave to the Celo ecosystem.
  • With its global user base and seamless experience for using dapps directly from the Brave browser and signing transactions with the integrated Brave wallet, people everywhere can more easily participate in the emerging Web3 digital economy.
  • Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo Protocol), the CELO native token, and several Mento stable assets (cUSD, cEUR, cREAL) that enable anyone to use digital assets like currency.
  • Launched on Earth Day in 2020, the open source Celo mainnet now supports 1000+ projects created by developers and artists located around the world.

Flowcarbon To Expand Access to Carbon Credits with New Partnerships

Retrieved on: 
Tuesday, August 23, 2022

Flowcarbon , a leading provider of on and off-chain carbon reduction solutions today announced a series of key blockchain market infrastructure partnerships.

Key Points: 
  • Flowcarbon , a leading provider of on and off-chain carbon reduction solutions today announced a series of key blockchain market infrastructure partnerships.
  • Combined, these partnerships create the infrastructure for using Flowcarbons tokenized carbon credits across applications and functionality on the Celo blockchain.
  • Together with Ubeswap, Valora, Node Finance, and Flywallet were building an entirely new ecosystem for carbon credits that increases access but also brings new applications, said Phil Fogel, Chief Blockchain Officer at Flowcarbon.
  • This addresses a key challenge in the existing voluntary market, which is the lack of price transparency for carbon offset credits.

EtherMail raises $3M in seed round funding from top VC's Fabric and Greenfield One to enable anonymous wallet-to-wallet email communication to 200 million users worldwide

Retrieved on: 
Thursday, August 11, 2022

The EtherMail team views the Web 3.0 era as an opportunity to re-calibrate the email inbox power equation to be completely privacy-centric.

Key Points: 
  • The EtherMail team views the Web 3.0 era as an opportunity to re-calibrate the email inbox power equation to be completely privacy-centric.
  • EtherMail is the first Web 3.0 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication.
  • EtherMail also allows fully anonymous P2P communication and rewards its users for reading relevant content in their inbox.
  • Join the official EtherMail Telegram to stay up to date on announcements and updates: https://t.me/ethermail_official
    View original content to download multimedia: https://www.prnewswire.com/news-releases/ethermail-raises-3m-in-seed-rou...

Uniswap V3 and Green Asset Pools Deploy on Celo for #ReFiSummer

Retrieved on: 
Wednesday, July 13, 2022

Following the Uniswap communitys approval to deploy on Celo, the Celo Foundation , along with the Climate Collective , partners and community, launches Uniswap V3 and green-asset pools to help further a regenerative financial (ReFi) system and currencies supported by natural capital on the blockchain.

Key Points: 
  • Following the Uniswap communitys approval to deploy on Celo, the Celo Foundation , along with the Climate Collective , partners and community, launches Uniswap V3 and green-asset pools to help further a regenerative financial (ReFi) system and currencies supported by natural capital on the blockchain.
  • As part of #ReFiSummer, Uniswap users will be able to explore the Celo ecosystem and take climate-positive action over the season-long program.
  • To kick things off on Uniswap, the Climate Collective and the Celo Foundation will seed liquidity across several pools, beginning with the Moss carbon credit token pool CELO / MCO2 and CELO / wETH.
  • As a decentralized exchange, the Uniswap Protocol provides deeper liquidity, near-instant settlement, and seamless integration with other protocols.

Flowcarbon Raises $70M to Tokenize Carbon Credits and Build an On-chain Market With a16z crypto as Lead Investor

Retrieved on: 
Tuesday, May 24, 2022

Demand for carbon credits has surged in recent years among corporations that use them to offset carbon emissions, but the ability to scale the volume of credits available has been limited by the VCMs opaque and fractured market infrastructure.

Key Points: 
  • Demand for carbon credits has surged in recent years among corporations that use them to offset carbon emissions, but the ability to scale the volume of credits available has been limited by the VCMs opaque and fractured market infrastructure.
  • Through Flowcarbons protocol, project developers can immediately access a marketplace of buyers interested in their credits by bringing them onto the blockchain.
  • Flowcarbon has engaged an extensive group of stakeholders from the voluntary carbon market to inform the companys tokenization protocol design, optimizing for environmental, financial and structural integrity.
  • Flowcarbon is a pioneering climate technology company that brings carbon credits onto the blockchain.

Flowcarbon Partners With First Carbon-Negative Blockchain Celo to Develop Open On-chain Carbon Market Infrastructure

Retrieved on: 
Thursday, May 5, 2022

Flowcarbons launch on Celo will create the first liquid market for carbon credits on-chain that is designed to make carbon offsetting widely accessible and transparent.

Key Points: 
  • Flowcarbons launch on Celo will create the first liquid market for carbon credits on-chain that is designed to make carbon offsetting widely accessible and transparent.
  • Building this ecosystem with mission-aligned partners is just as critical to success as having liquidity support behind GNT, said Phil Fogel, Chief Blockchain Strategist and Co-founder of Flowcarbon.
  • The partnership will catalyze the budding regenerative finance (ReFi) ecosystem on Celo, using Flowcarbons infrastructure to drive demand for environmental assets by creating the essential foundation for an on-chain carbon market.
  • The global carbon offset market provides essential financing for developers whose projects reduce and remove atmospheric carbon.

Huobi Incubator partners Celo to promote Stablecoins for the masses

Retrieved on: 
Monday, April 25, 2022

LONDON, April 25, 2022 /PRNewswire/ --Huobi Incubator, the project incubation arm of Huobi Global, today announced that it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo, a mobile-first blockchain that makes decentralized financial (DeFi) tools and services accessible to anyone with a mobile phone.

Key Points: 
  • LONDON, April 25, 2022 /PRNewswire/ --Huobi Incubator, the project incubation arm of Huobi Global, today announced that it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo, a mobile-first blockchain that makes decentralized financial (DeFi) tools and services accessible to anyone with a mobile phone.
  • Celo hosted a "make crypto mobile" hackathon last year, with more than 2,300 developers participating.
  • The third and last challenge concerns uniting stablecoins with DeFi mobile solutions in order to integrate a Web3 component into DeFi.
  • Winners may have the opportunity to receive funding and incubation support from Huobi Incubator in the future as well.

eCurrency and cLabs lay the foundation for Central Bank Digital Currency on Web3

Retrieved on: 
Monday, April 11, 2022

OAKLAND, Calif., April 11, 2022 /PRNewswire/ -- eCurrency, a leading security technology solution provider that enables central banks to issue central bank digital currency (CBDC), today announced a joint commitment with cLabs, a service organization dedicated to growing and developing the Celo ecosystem, to integrate decentralised finance and Web3 with CBDC.  Both cLabs and eCurrency are mission-aligned in their efforts to create the most digitally connected, secure, efficient, and financially inclusive financial infrastructure. 

Key Points: 
  • Both cLabs and eCurrency are mission-aligned in their efforts to create the most digitally connected, secure, efficient, and financially inclusive financial infrastructure.
  • "The cLabs team is excited to collaborate with such a trusted CBDC provider as eCurrency as central banks develop their thinking on digital currencies."
  • eCurrency Mint (eCurrency) is a research, development and operational company founded in 2011 with the mission to enable central banks to securely and efficiently issue digital fiat currency to operate alongside notes and coins.
  • eCurrency has pioneered the world's first end-to-end solution for central bank digital currency bearer instrument issuance and circulation utilizing the Digital Symmetric Core Currency Cryptography(DSC3) technology.

Celo Foundation and WazirX Are Working Together to Provide Financial Stability Through DeFi

Retrieved on: 
Saturday, March 26, 2022

Bengaluru, India--(Newsfile Corp. - March 26, 2022) - Celo Foundation , a mobile-first open-source ecosystem, and India's leading crypto exchange, WazirX , are working to connect global communities and bring financial stability to those who need it most.

Key Points: 
  • Bengaluru, India--(Newsfile Corp. - March 26, 2022) - Celo Foundation , a mobile-first open-source ecosystem, and India's leading crypto exchange, WazirX , are working to connect global communities and bring financial stability to those who need it most.
  • The Celo ecosystem comprises the Celo platform, a decentralized proof of stake blockchain technology, Celo assets ( CELO token and the stablecoins), and the Celo Alliance for Prosperity.
  • The stablecoins include Celo Euro (cEUR), Celo US Dollar (cUSD), and Celo Brazilian Real (cREAL).
  • DeFi for the People results from collaborations with the community and significant stakeholders within the DeFi industry to provide DeFi services to anyone with a mobile phone.