The decentralized, EVM-compatible, PoS platform Celo is now accessible to over 59 million Brave users around the world
SAN FRANCISCO–(BUSINESS WIRE)–Celo, the carbon-negative, mobile-first, layer-1 platform is now accessible with Brave, a crypto industry leader with 59+ million browser users and built-in Brave Wallets to provide greater global financial inclusivity and access to Web3 tools.
Aligned with Celo’s mission to create the conditions of prosperity for all, the integration of Celo on Brave following it’s v1.40 release allows users to engage with Mento stable assets (including cUSD, cEUR, cREAL) through self-custodial Brave Wallets, as well as with Celo’s diverse ecosystem of purpose-driven, decentralized applications (dapps) accessible through Brave Browser, like Ubeswap, Moola, impactMarket or Cyberbox.
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.”
The partnership furthers Celo’s core value to bring Web3 to every mobile device, such as a consensus protocol and light client that uses cutting-edge cryptography techniques (zk-SNARKS) to help users sync with the P2P network with only a few kilobytes of data, mapping encrypted phone numbers to wallet addresses, or accessing Celo’s ecosystem of dapps via low-powered smartphone devices; it also supports the growth of Celo as the “home of ReFi” (regenerative finance) and an expanding community of mission-aligned founders and builders.
Celo is a carbon-negative, permissionless, layer-1 protocol with a rich ecosystem of global partners building innovative Web3 applications within the DeFi, ReFi, and NFT sectors on Celo. 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.