Hassan Maishera
On Monday, the Celo Foundation announced via X that Virtuals Protocol will soon launch on the Celo blockchain. The launch will power agentic commerce on the blockchain built for the real world.
Virtuals unlocks the potential for Celo builders to launch, own & monetize agents w/ everyday utility
Celo is an open platform that supports various distributed applications, smart contract development, and payments using e-mail addresses and phone numbers as public keys. Celo is a carbon-negative, permissionless, blockchain with a rich ecosystem of global partners building innovative Web3 dapps to support a more inclusive financial system. Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo platform), CELO governance asset, and several Mento stable assets (cUSD, cEUR, cREAL) that allow for real-world users to use digital assets. The open source Celo mainnet launched on Earth Day 2020.
CELO is up 4.3% in the last 24 hours and currently trades at $0.08155.
Celo is a carbon-negative, permissionless blockchain that supports the CELO governance asset and other ERC-20 Mento stable assets, which may be used to pay for transaction fees. With its interoperability, cross-chain compatibility, and mission to create the conditions of prosperity for all, Celo is capable of bringing the regenerative finance (ReFi) movement mainstream by accelerating global financial inclusion, community commerce, and climate-positive technology across multiple ecosystems in parallel. Importantly, Celo is also one of the world’s first [carbon-negative] blockchains. Its proof-of-stake consensus mechanism requires a small fraction of the energy used by proof-of-work chains.
