Articles from Celo Foundation

The Celo Foundation today announced the launch of Nightfall, an open-source, zero-knowledge privacy layer application built by EY and put into public domain, as a Layer 3 on the Celo network––marking the first payments-focused blockchain development of Nightfall. This integration enables private, enterprise-grade transactions, combining confidentiality with the benefits of public blockchain infrastructure, and positions Celo at the forefront of enterprise B2B payments, a sector expected to exceed $180T in cross-border flows.

The era of privacy is here. Self, a ZK-powered identity protocol that enables users to prove their humanity and unique attributes without revealing personal data, announces a new partnership with Google Cloud to drive adoption of its innovative AI tooling and Web3 infrastructure among verified human users.

Celo’s growing ecosystem of mission-aligned companies, including Loam, impactMarket, Circular Impact, Hyperlane, RedStone, Jia, and Tatum, has raised $77.3 million in funding to further global adoption of Web3 by everyday users around the world across various use cases.

Earlier today, the U.S.-based Celo Foundation announced the launch of its “2% for Web3 Impact” pledge at the Global Impact Investing Network (GIIN) Investor Forum in The Hague. An industry-wide initiative incubated within the Foundation’s Social Impact Collective, the pledge is kicking off by actively helping onboard 100+ impact investors to Web3 and make their first investment in the space or provide liquidity, for example, to impact lending protocols.

Celo Camp, the eight-week virtual acceleration and mentorship program launched in early 2020 in partnership with Upright, announces its Batch 6 cohort. In total, 30 teams were selected from a group of 356 applicants across 65 countries, driven by interest in Celo’s carbon-negative, mobile-first platform and its mission to create prosperity for all.

Carbon Title, the first decentralized platform designed to bring radical transparency to decarbonization efforts within the real estate industry; Thallo, which is building a decentralized marketplace for voluntary carbon credits, and CRED, a protocol built around retired carbon credits, partner with the carbon-negative, proof-of-stake (PoS) Celo platform.

Unicorn Growth Capital, an Africa-focused venture fund investing at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), and EchoVC, a technology-focused, early-stage venture capital firm for underrepresented founders and underserved markets, join the Celo Foundation in supporting growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.