Celo to Launch Celo Citizen Retro Round Program on December 20th
Celo has announced that applications for the Celo Citizen Retro program from Celo Public Goods will open on December 20. The program offers 250,000 CELO in retroactive funding to projects that significantly contribute to the ecosystem and aim to make cryptocurrency practical for daily users.
Refer to the official tweet by CELO:
Celo 🦇 🌳@CeloAra 11, 2024🚨 Applications for the Celo Citizen Retro program from @CeloPublicGoods open next week!
Celo PG is allocating 250K CELO in retro funding to projects driving meaningful impact for the ecosystem & making crypto useful for everyday users 💛
🔗 Learn more: https://t.co/1qh5wQn0RJ pic.twitter.com/gdvJvf8Ia3
CELO Info
Celo was designed to enable a new universe of financial solutions accessible for mobile users, creating a global financial ecosystem where an end-user can onboard into the Celo ecosystem with just a mobile number.
Celo makes sending payments as easy as sending a text, to anyone with an internet connection, anywhere in the world. Celo maps phone numbers to wallet addresses using a novel decentralized address-based identity layer. Mobile participants can earn rewards for securing and maintaining the system.
CELO is the platform-native asset that supports the growth and development of the Celo blockchain and ecosystem. CELO holders can earn rewards, stake with validators, and vote on proposals that shape the future of Celo.