[VIDEO] The Celo Mainnet, Which is Building for Africa, Goes Live

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The highly-anticipated Celo Mainnet has finally gone live!

The Celo network was made possible because of the commitment, passion, expertise, and engagement of over 100 independent validators around the world, a good number of whom are African validators and supporters of the network.

SEE ALSO[PODCAST] The Celo Mobile-First Blockchain Platform and How It is Building Solutions in the African Market with Anca Rusu

Here is the timeline of what we can expect moving forward from Celo:

  • Celo Mainnet launches (Done)
  • Bringing off-chain prices for Celo Gold on-chain through a series of Oracles
  • Celo Dollars going live, and finally
  • Mainnet release of the Celo Wallet

Celo recently ran an auction for the Celo Gold (cGLD) tokens  on CoinList, which sold out within 12 hours. Participants included people who want to run validators on the Celo network and individuals who want to see Celo’s mission come to life.

According to the official Celo blog:

“As of this week, the Celo Foundation is officially a stand-alone, non-stock, non-profit organization based in the U.S. that supports the growth and development of the open-source Celo Platform. 

Guided by the Celo community tenets, the Foundation contributes to education, technical research, environmental health, community engagement, and ecosystem outreach — activities that support and encourage an inclusive financial system that creates the conditions for prosperity for everyone.”

 

 

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