CELO Plunges Today: CELO Announces The Addition Of 30 Teams Of The 4th Series

This week, the price of Celo has fallen by 8.7%, and today the price has declined by 5.5% and is trading at a price of $5.33. CELO is a utilitarian and managerial asset for the Celo community that has a fixed supply and variable value. Celo positions itself as an open platform that makes financial instruments available to everyone who has a mobile phone. The Celo platform is decentralized, programmable, and configurable.

Celo Camp recently named the 30 teams for the fourth edition. These firms were chosen from 292 remarkable contenders from over 60 countries around the world, and range from impact to DeFi, creator economics, NFT, payments, and games. Batch 4 is our largest cohort to date, with 57 graduates and moreover $15 million raised by graduates since 2020. Celo Camp, an 8-week virtual acceleration and mentoring program that helps decentralized tech entrepreneurs develop sustainable, scalable, and efficient businesses on Celo, was launched in 2020 by Upright and the Celo Foundation.

Lora Nilsson

Finance and Business reporterAfter graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter