CELO Public Goods Ecosystem with Luuk Weber and Monty Merlin │ S3Ep23 🎧
The latest ReFi Podcast episode highlights a transformative moment for the Celo community and its strategic investment in public goods.
Overview
In the latest episode of the ReFi Podcast, host John Ellison, alongside Luuk Weber from Kolektivo and Monty Merlin from ReFi DAO, delves into the pivotal moment where the Celo Community Fund approved a budget of $1.6 million cUSD and 700,000 CELO towards growing its ecosystem of public goods in the first half of 2024.
Public goods, by their nature, are assets that offer shared universal benefits, accessible for all. Luuk and Monty, with deep context and insights, unravel the intrinsic value of public goods within Web3, emphasizing how their support is imperative for holistic economic stewardship and building for a regenerative paradigm.
The episode sheds light on:
- How blockchain and regenerative economics translate into tangible impacts in the real world, including addressing crucial issues like climate change and social injustice.
- The origins of Celo and it's future roadmap, including a journey towards 'coming home' to Ethereum as a Layer 2 and what this means for a coalition of blockchain ecosystems united in funding public goods.
- The start of the Celo Public Goods initiative, the innovative mechanics to channel 1.6 million in cUSD and 700,000 in CELO, and the criteria for participation and ways to get involved!
What is Celo?
Celo is a blockchain ecosystem, that aims to scale Ethereum with real-world solutions, leading a thriving new digital economy for all.
Celo’s mission is to build a regenerative digital economy that creates conditions of prosperity for all.
Celo was designed to enable a new universe of financial solutions accessible to mobile users, creating a global financial ecosystem where an end-user can onboard into the Celo ecosystem with just a mobile number. Celo's commitment to ReFi and real-world impact has been integral since the chain's launch on Earth Day in 2020.
Why Celo Public Goods?
Amidst the ever-evolving Web3 landscape, Celo stands at a pivotal point where identifying and nurturing its public goods is more crucial than ever. With the passing of CGP #157, the Celo Public Goods initiative was formed to focus on nurturing impactful projects and initiatives that bolster ecosystem growth and community well-being. Their aim is to create a sustainable cycle of funding and support that aligns with Celo's mission of prosperity for all, rallies community engagement, and advances transparent and accessible on-chain funding for Celo projects.
Learn more 👇
Charting a Path Toward Prosperity for All 🧭
The Celo Community Fund's allocation of significant resources towards a public goods ecosystem represents a significant milestone for the Celo community and the broader Web3 space. As we look forward to the unfolding of this ambitious vision in the first half of 2024, Celo is reinforcing its role in creating a more equitable, thriving and regenerative future for all.
