SAN FRANCISCO–(BUSINESS WIRE)–Celo, the carbon-negative, mobile-first Layer 1 platform, is now accessible with Brave, a crypto industry leader with over 59 million browser users and Brave wallets integrated to provide greater global financial inclusion and access to Web3 tools.
In line with Celo’s mission to create the conditions for prosperity for all, the integration of Celo on Brave after its v1.40 release allows users to engage with Mento stable assets (including cUSD, cEUR, cREAL) via self-custodial Brave wallets, as well as with Celo’s diverse ecosystem of decentralized applications (dapps), accessible via Brave Browser, such as Ubeswap, Moola, impactMarket or Cyberbox.
Rene Reinsberg, Chairman of the Celo Foundation and Co-Founder of Celo, said, “We are thrilled to welcome Brave to the Celo ecosystem. With its global user base and a seamless experience for using dapps directly from the Brave browser and signing transactions with the built-in Brave wallet, people around the world can more easily participate in the emerging Web3 digital economy.
The partnership reinforces Celo’s core value of bringing Web3 to every mobile device, as a consensus protocol and thin client that uses state-of-the-art cryptography techniques (zk-SNARKS) to help users sync to the P2P network with just a few kilobytes of data, map encrypted phone numbers to wallet addresses, or access Celo’s dapps ecosystem via low-powered smartphones; it also supports Celo’s growth as a “home of ReFi” (regenerative finance) and a growing 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 across DeFi, ReFi, and NFT on Celo. Accessible to anyone with a mobile phone, the Celo ecosystem consists of a decentralized proof-of-stake technology stack (the Celo protocol), the native token CELO, and several Mento stable assets (cUSD, cEUR, cREAL) that allow anyone to use digital assets like currency. Launched on Earth Day 2020, the open-source Celo mainnet now supports over 1,000 projects created by developers and artists around the world.