The video discusses the cryptocurrency project called Celo, which is an EVM-compatible blockchain that uses smartphones for apps and is carbon-negative. Celo aims to tap into markets that lack access to the best technology and provide financial inclusion to the unbanked. The project has notable partners and a low market cap with the potential to 10-20x in the next bull run. The video provides information on Celo’s tokenomics, including an all-time high of $10, a market cap of $300 million, and a total supply of one billion coins. The cryptocurrency is available on major exchanges such as Binance, KuCoin, and Coinbase.
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Introduction
Welcome back to the Crypto Gymhunter’s channel. I’m Stuart, and I’m here with all of my partners today to bring you an exciting gem. Before we get into it, make sure to subscribe, like, and watch until the end. Also, check out the Partners tab and have a look at all the other creators on this channel.
The Gem: Celo
Today, we’re looking at Celo, an EVM compatible blockchain that uses people’s smartphones for various apps. One unique feature of Celo is that it is carbon negative. They have a fund that takes a portion of fees from every transaction to support green initiatives, like planting trees.
Mobile-First Blockchain Ecosystem
Celo is a mobile-first blockchain ecosystem. It taps into markets that don’t necessarily have the best access to the internet, meaning it’s great for underprivileged markets in places like Africa, South America, and Asia. Plus, since 90% of the world’s population has access to a smartphone, Celo has the potential to reach just about everyone.
Partners and Projects on the Ecosystem
Celo has an extensive list of 200 alliance members, including big names like Deutsche Telecom, Brave, and Chain Safe. They also have a variety of partners that are helping individuals and communities prosper through social impact web3-based financial inclusive solutions. These solutions range from platforms that allow shop owners to buy and sell goods to apps that help manage their stock within their stores.
Tokenomics and Price Prediction
At the time of recording, Celo is priced at 72 cents, with a market cap of 300 million and a total supply of only one billion coins. It has had an all-time high of $10, and there is a potential for it to 10-20x in the next bull run. It’s available on major exchanges like Binance, Kucoin, and Coinbase.
Conclusion
Celo offers a unique mobile-first blockchain ecosystem that has the potential to reach everyone. With its carbon negative feature, social impact solutions, and impressive list of partners, it’s definitely worth considering. At 72 cents, it’s a no-brainer in our eyes.
