Have an idea for developing the Celo ecosystem? Apply to Celo Ecosystem Fund

Announcements
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To support entrepreneurs around the world, Polychain has announced the Celo Ecosystem Fund, with founding investors Andreessen Horowitz and Celo.

The fund aims to foster Celo’s mission of creating a more accessible monetary system by making strategic, seed-stage deployments into tools and services which will leverage Celo’s protocol to build new financial infrastructure in the developing world.

What do you want to develop on Celo? Let’s build it together.

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I have a website I am building i am using a wordpress with

  • [Exchange extension]
  • [Airdrop extension
  • [ShapeShift Exchange extension]
  • [Events Manager Cryptocurrency Payment Gateway]
  • [Faucet Extension]
  • [Tip the Author]
  • [WooCommerce Cryptocurrency Payment Gateway]
  • [BlockIO Cloud Wallet Adapter]
  • [CoinPayments Adapter]
  • [Fiat Coin Adapter]
  • [Full Node Multi Coin Adapter]
  • [Monero Coin Adapter]
  • [TurtleCoin Adapter]

I am socail media verified but i do not have the likes for a checkmark yet
I am looking at hosting a cole node instead of bitcoin for my exchange i need help in set up a few thing and would like to make my store and site more for the Cole collect of coins and token.

Please contact me i also have build a google cloud to work in for bandwidth for the nodes if needed

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january 30th is a good target i think word press is easy to use with bought plugins

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Let’s create a new Brazilian token. It’ll do really good here in Brazil.

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Hi,everyone I hope you are great

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:deciduous_tree:Very nice initiative :deciduous_tree:

We are starting a project that we think could fit in your enviroment and we would be love to collab with all of you. We plan to use all our NFTs from the collections we launch as a collaterals for Credits in ReFi Ecosystem.

Our artist for NFTs collections is @Ferrig

If you want to take a look we leave you some links:
https://dgguardians.com/

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Hi @gokceguven FYI the “apply” hyperlink has 404

Regarding this post…

TBH we are between CELO and MATIC, to deploy our DApp…

We find super interesting that CELO is transitioning to a Layer 2 for Ethereum.

Definitely an incentive would help us to choose CELO, as a ReFi-oriented chain, we truly like and know many Regens in the CELO Ecosystem. We actually met the CELO Foundation in Lisbon back in November 2022.

In our Team we have high-level Scientists from NASA, CERN, Boeing, Ex-Exon, Ex-EY and many others.

We truly want to empower the ReFi, DeSci, ReSci, DeSoc, ReSoc movement and see more projects blooming with and through us.

Is there anyone who we can discuss further to become more eligible?

Looking forward to hearing your comments.

Obrigado!

ReFi Starter

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Kenya we are happy with the community progress. :kenya:

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How can I sell my celo
Which of the wallet can i use to sell my celo coins

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Lets do crossbody payments accross Africa while utilising celo’s infrastructure.

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Idea: Decentralized Community Micro-Lending Platform

Project Name: CeloLift

Tagline: Empowering underserved communities through trustless micro-lending.

Problem to Solve

Billions of people, particularly in developing regions, lack access to affordable credit due to high fees, lack of collateral, and distrust in traditional financial institutions. Micro-lending is a proven solution, but centralized platforms often charge excessive fees, reducing borrower benefits.

Solution

CeloLift is a decentralized micro-lending platform built on the Celo blockchain that connects borrowers and lenders directly without intermediaries. The platform uses smart contracts to facilitate secure, transparent, and trustless lending, enabling access to low-interest loans for underserved communities globally.

Key Features

  1. Mobile-First Experience:
    Designed for smartphones, leveraging Celo’s mobile-first ecosystem to ensure accessibility in regions with limited infrastructure.
  2. Smart Contracts for Trustless Lending:
    Loans and repayments are managed by smart contracts, eliminating the need for intermediaries and ensuring transparency.
  3. Community Reputation System:
    A decentralized credit scoring system based on past repayments and community endorsements.
  4. Stablecoin Integration:
    Loans are disbursed in Celo Dollars (cUSD) or Celo Euros (cEUR) to minimize currency volatility.
  5. Social Collateral Mechanism:
    Borrowers can pool “social collateral” by forming lending circles with peers, encouraging accountability and repayment.
  6. ReFi Integration:
    A portion of transaction fees is allocated to carbon offset initiatives or community development projects, supporting regenerative finance goals.

How It Works

  1. Borrowers Apply:
    Users create a profile, request loans, and provide basic verification (via mobile).
  2. Lenders Fund:
    Global lenders browse borrower profiles and choose whom to fund.
  3. Smart Contract Execution:
    Once funded, a smart contract disburses the loan, sets terms, and tracks repayment schedules.
  4. Repayment with Rewards:
    Timely repayments improve credit scores and earn rewards (e.g., Celo tokens).

Why Celo?

  1. Financial Inclusion: Celo’s mission aligns with the project’s goal of empowering underserved communities.
  2. Low Transaction Fees: Ideal for small-value transactions common in micro-lending.
  3. Mobile Accessibility: Seamlessly integrates with Celo’s lightweight mobile wallet ecosystem.

Potential Impact

  1. Economic Empowerment: Increases access to affordable credit, enabling small businesses and individuals to thrive.
  2. Global Participation: Allows anyone worldwide to become a lender or borrower.
  3. Sustainability: Incorporates ReFi principles to contribute to environmental and social initiatives.

Revenue Model
• Transaction Fees: Small fees on loans and repayments.
• Premium Features: Tools for lenders, such as risk analysis dashboards or borrower recommendations.

Next Steps

  1. Develop MVP: Mobile app and smart contract for basic lending functions.
  2. Community Pilot: Test with local lending groups in regions like Southeast Asia or Sub-Saharan Africa.
  3. Partnerships: Collaborate with NGOs, financial inclusion organizations, and Celo Foundation.
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Hi @tomato - I don’t think this fund is running anymore. If you watch the Prezenti [prezenti.xyz] space we are hoping to replenish our Celo grant funding for 2025 were we offer grants for Celo builders.

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