>>58694025is this shit still alive?
>>58694122yeah Celo is very active in the crypto-for-impact world, there are some cool projects on it
they joined the Optimism superchain ecosystem and i think are focusing on mobile-first functions so basically making a bet on providing DeFi microfinance type services to people without computers in the global south
>>58694025now that you mention it, i don't know if celo did a pre-mine and how that influenced tokenomics when they went over to being an ETH L2 on OP's superchainmy instinct is that they are owned by VCs and probably fairly corrupt when you get right down to how powerful the foundation is, but they are at least ostensibly using their power for good in a way that most blockchain foundations don't
>>58694172I found sth about buying pre launch>Initial Distribution: CELO tokens were initially distributed through a decentralized auction mechanism called the "Funding Round," where participants could contribute various cryptocurrencies to receive CELO tokens at a predetermined exchange rate.https://ndax.io/en/learn/coins/what-is-celo-celoand > an auction of CELO was held on CoinList> all auction participants received the same price of $1.https://blog.celo.org/its-official-celo-mainnet-is-here-6a3a71763f68?gi=bd7a1594edccthe auction link on coinlist seems to be dead however
>>58694209https://tracxn.com/d/companies/celo/__zWi3ULBniWn5K1xPgSZqMMB4d-uvuoTnOgpLaWwkXQA/funding-and-investorsFunding Rounds44 Early-StageTotal Funding$65M$31M in Largest RoundInvestors5440 Institutional / 14 Angels