LatAm W3 DAO Proposal

Love this!!!

There is such a great and easy path to on-board new members into the ecosystem through NFTS. The use cases are nearly limitless and create a scene of community. There is also a path to use at local merchants via rewards and of course incredible art that connects us to different views and cultures. NFTs is truly a strong mechanism for CELO refi as it creates financial inclusion and preserves cultural heritage.

A case study of this is being made with us at Arigallery. We have on-boarded 67 new artist into the ecosystem that have zero blockchain or Web3 knowledge. Each now has a Valora wallet, $ARI tokens, utilizing ubeswap to stake the tokens and when they sell art they are then creating liquidity pool on Ube or Symmetric. Each piece that sells 5% goes to Impact Market. Some users are also asking about climate and how they can get involved. The creator space is true Refi and true definition of human capitol and investing in the greatest resource ever. Us, people, human beings. This is how money becomes beautiful and art useful.

I agree with Alejandro here and think that Mila and the creator community should be a vast entry point and investment from Celo.

I

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Fala pessoal, que maravilha ler propostas como essa!

Primeiro deixa eu me apresentar. Meu nome é Giovana Simão, tenho 26 anos, brasileira e LGBTQIA+. Estou escrevendo em português pois assim como a maioria dos brasileiros não falo inglês. Então se alguém puder traduzir, eu agradeço!

Sou fundadora do canal bitdasminas, um canal focado em atrair e ensinar Cripto e Web3 para mulheres no Brasil. Como sabemos o mercado de criptomoedas é marjoritariamente masculino e estou na luta para mudar esse cenário e aumentar o número de mulheres no mercado.

Eu sempre me movi por propósito e foi exatamente por isso que o bitdasminas se tornou o maior canal de finanças para mulheres no Brasil, impactando mais de 30 mil mulheres em todos canais.

Minha história com a Celo teve início quando ouvi um podcast com a participação da @MilaRioja. Eu sai extremamente encantada e feliz por finalmente encontrar um protocolo que se preocupasse mais com pessoas e menos com dinheiro.

Comecei a me envolver com a comunidade brasileira da Celo e me senti muito acolhida. Com a vontade de fazer outras pessoas sentirem o mesmo, decidi enfrentar o desafio de mostrar o protocolo para a comunidade cripto do país. Assim escrevi e submeti um Grant com o objetivo de ajudar a propagar o nome Celo através das mídias sociais e conexão com influenciadores.

Tudo isso para dizer, que fico feliz em ler uma proposta como esta da @MilaRioja e a preocupação com a comunidade LatAm. O Brasil e todos os outros países precisam de projetos como esse para expandir e mudar a realidade do país.

O que precisarem, contem com a minha ajuda!

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Hi @bitdasminas! Happy to translate that for you:

Hi everyone! It’s amazing to see proposals like this here!

First, let me introduce myself. My name is Giovana Simão, I’m 26 years old, Brazilian and LGBTQIA+. I’m the founder of bitdasminas, a channel focused on attracting and teaching crypto and Web3 to women in Brazil. As we all know the cryptocurrency market is mostly male-dominated and I’m working hard to change this scenario and increase the number of women in the market.

I have always been driven by purpose and that is exactly why bitdasminas became the largest channel of finance dedicated to women in Brazil, impacting over 30,000 women in all channels.

My story with Celo started when I heard a podcast with @MilaRioja. I was delighted to finally find a protocol that cared more about people and less about money.

I started to get involved with the Brazilian Celo community and felt very welcomed. With the desire to make other people feel the same way, I decided to take on the challenge of showing the protocol to the crypto community in Brazil. So I wrote and submitted a grant intending to contribute to spread the Celo name through social media and connecting with influencers.

All this to say that I am happy to see a proposal like this from @MilaRioja and her concern for the LatAm community. Brazil and all other countries need projects like this to expand and change the reality of the country.

Whatever you need, you can count on my help!

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Hi @DonaFlorinda!

I appreciate you taking the time to share your remarks. I think this is your first contribution to the DAO and the LatAm community-related posts on the Forum, and this gives me and some folks in the community the opportunity to bring more context to what is being proposed based on our joint experience, and adjust the proposal.

Anything that is not trolling and is fact based, aimed at the development of LatAm in a more comprehensive and mature way is more than welcome. Learning from past mistakes (from others and from oneself) is the best way to expand.

This is a long post that I suggest anyone interested in the topic reads carefully. But, if you are in a hurry and want the basics, this summary may give you some visibility about what’s further detailed.

[Summary]

Upcoming Amendments to the Proposal

  • Funds received in tranches
  • Budgets with target allocation (no pre fixed rate per action anymore)
  • “Support Personal” wording switched to Ambassadors
  • Clarifications re. governance

No Party Budget

(i) While the original DAO proposal did NOT FORESEE ANY TYPE OF BUDGET FOR PARTIES, given the mixed feedback about the topic (some people want it!) there is a proposition to ADD party budget.

  • If you have a doubt about what the “event” on Focus Area 1 means please feel free to ask. But as disclosed these are onboarding and educational events.

“Help onboard new community members and developers, and guide them through the ecosystem.”

Budget Target Allocation & Payment in Tranches

(ii) Budgets will be edited and to display a milestones-based approach and target allocations, and not fixed “budgets per event/hack”. We all know very well LatAm has very different realities within itself, and that despite the scenario expenses will always be a sensitive topic – meaning strategy accountability and transparency are key;
(iii) Community money should be allocated to the DAO in tranches, upon milestone completion and validation. This will be also updated.

Social Media & Ambassadors

(iv) The social media budget suggested (content creation/ adds/ moderation/ Ambassadors) is roughly 1k USD per media per language, if you make a rough math. This is modest according to our expertise, and allows flexibility to onboard local talent. In any case, we relocated around 40k to the Web3 VB Section and lowered the suggested spending in this regard.
(v) Did you know that LatAm is the only region where Ambassadors were responsible for independent social media content production and localization of all Celo related things in two foreign languages, in a rather differentiated pace of delivery?

  • I am personally an AVID advocate for more ambassadors. On the DAO proposal, “Support Personal” budget means “Ambassador” budget.
  • We had awesome Ambassadors collaborating with us (and some are commenting on this post), but no current policy on this (meaning no clear budget allocation/rule). As this has been a point of conflict I think crucial that we obtain this budget to be able to make choices in a grassroots way.

(v) Did you know that every week we meet on Celo Discord office hours in Portuguese and in Spanish? I think we hosted over 30 of these sessions. I would like to invite you to join: its a place where we talk a lot about all the above and more, including founders support and other relevant topics.

  • To be noted: LatAm is the only community that does this at this frequency, and also prioritizes a multi-channel approach. If you add to these numbers the Instagram Lives and Twitter Spaces, you will realize the tremendous effort being done to translate/localize/raise Celo awareness across different platforms, enabling people who think differently. If these numbers are not satisfactory for you yet, this is another reason why this DAO is super necessary.

Thank you for keeping up with me this far. If you are here, you may want to continue reading and have access to some insightful information about other Regional DAOs, differences in Foundation/Community efforts, and more!

[Initial Remarks]

  • Given your post and your tone, It becomes clear there is a huge lack of visibility about what is done in LatAm, and how we (yes, a lot of people and ambassadors were involved!) do it. We probably should be posting here more about the discord office hours, the community led meet ups, the countless talks we do with projects and developers. We should also post about the awesome projects that onboard into Celo after such initiatives (you can see some on the comments below). W/o resources, however, it is impossible to achieve such and also report on it, also on a foreign language. This is another reason why this DAO proposal is up.

  • I see your post addresses different topics, and some not related to the DAO or its scope. Most seem based on your experience with other dApps in the ecosystem and/or Foundation initiatives. To better allocate your critiques and previous learning, I think this post here can help you direct suggestions to the different verticals and responsible stakeholders. From Ambassadors Program, Hackathons, NFTs initiatives, MarComms - you will find the strategy, paths and responsible parties there. Also keep in mind I am the only Foundation member on this DAO and, if you want to know what my circle is working on (and why) please refer to this post here.

  • For cStables, you may want to talk to the Mento team or engage in any of the discussions here in the forum. So many relevant ones have taken place and the LatAm community have engaged – including a Colombian Peso proposition you may be interested on. Usually topics discussed are liquidity, exchange listings, integrations and others related to actual use cases. To have meaningful conversations, however, its crucial that you are addressing stakeholders in pertinent topics.

  • You may also want to check, in case you have not yet, that the Regional DAOs are a global movement and initiative on Celo. Here you can get inspired by the Africa and India proposals and discussions.

Finally, and prior to assessing your points, I just wanted to share an excerpt of another post I made on the forum:

“While blockchain is a global technology, we believe that the Purpose of Celo as a community can only be fulfilled when grassroots actions are undertaken by the local communities. Our role in this journey is to provide the tools (e.g. incentives, structure, support) so that innovation and growth opportunities arise from within the communities that will be developing, using and profiting from such technologies created – starting from a local standpoint, but with potential for global impact in the broader Celo community – and beyond.”

Lets further dive into your comments.

[Dona Florinda’s Points]

  • CELO should not finance more party-makers than engineers and social inovators.
  • This party-first approach are creating a barrier within (far from expensive conferences) purposeful latam on-the-ground innovators. And they do exist!
  • LatAm needs more social-technologists (hackers) than NFT makers.
  • The 2000’s “internet community” sense is been reapropriated by web3 as a dystopic creators-consumers mass now, 20 years later.

No Party Budget

  • This DAO proposal never set any budget for parties. However, given the mixed different feedback about we would like to propose a discussion about ADDING budget to parties. All: pls comment below if you think allocating 10% of events budget towards parties (meaning music/dance/drinks/laughter/bad crypto jokes on the dancefloor) is a good idea.

The Doer’s

  • We are super happy to have doers on the initial DAO multisig formation, with proven track record in and out of Celo community. True social, technological and nature innovators. The profiles are different and complementary, from governance/accountability experts, to hackathon and crypto events masters, to new voices on web 3 and Celo community building leaders, and green (not washing) project executors. Not only that, but we already see here in this post so many volunteer contributors (community members and past Ambassadors) are ready to engage and co-host such initiatives.

No More NFTs - personal take

  • As regards the no more NFTs comment,*, my personal view is to incentivize that more opportunities continue reaching reach top tier builders, thought leaders and entrepreneurs. This posture of not interfering on communities and founders decisions - but rather supporting them in what they see as best is one I will personally preserve – also as a show of respect to local knowledge and initiatives.

No More NFTs - DAO take

  • I am one in many, and this is a DAO based not only on sacred economics but also Teal. Meaning: feedback is part of the process and will take place. When the hackathons are up, the challenges and prizes will be subject to community input. Technology, time and organization allowing, hackathon prizes will also be subject to community feedback.
  • 90k per hackathon? when the mediators are just “git clone” and “yarn run” the already open-sourced celo-compose or celo-web3-stacks? 90k can bootstrap one-year companies in Latam!!
  • Past CELO hackatons already brought controversies, as some $100k winners barely had a git commit.

Budget Allocation

  • You have a very good point here: every opportunity is unique. Some initiatives need more capital, while others don’t. Specially when the community can leverage on the connections the DAO members bring to the table.

  • We tried to be extra prescriptive about costs bc we are concerned with transparency. On the practical side of things, however, you energized a good idea on how to present the budgets: adjust all to suggested target allocation, and put a minimum deliverable standard. This way you and all can join us in the transparency and accountability journey.

Hackathon Best Practices

  • On the hackathon commits issue: super agreed. I see for instance that the latest Celo Hackathon has milestones related to commits - meaning a clear evolution from what you mentioned. Wdyt about this newmodel to solve the tension you pointed? Do you have any other suggestions you want to share at this moment?

  • I co-organized two hackathons on Celo. In one, in around 3 weeks 300 developers from Brasil enrolled. This was the first hackathon ever on Celo community done in Portuguese. While I am most proud of this, I learned that w/o constant and dedicated support in Portuguese there is no way for the dev community to grow. @ewertonLP Joined our ecosystem in the occasion. He build a company, successfully fundraised and now is also a Dev Rel Ambassador!

Note: Ignoring the need for localization and translation and its costs, but also and the opportunity to nurture a local community is a very good way not to achieve any progress and miss some relevant “competitive advantages”.

Lack of Community Awareness

  • There is a reported and proven lack of awareness and positioning of Celo in LatAm / lack of docs translated to Portuguese and Spanish / lack of enough local DevRel support / lack of sufficient Dev Ambassadors / lack of infra – among so many other details are relevant for the success of any of the endeavors listed here. The savvier we are unfortunately doesn’t make any of these cheaper - but indeed help us make better choices.

This is actually very good prep for your next questions.

  • One million and a half brazilian reais ($240k) to run social media? you can buy a dedicated agency for daily work for 5 years.
  • What is the sense of doing “Instagram lives” { sorry, why endorse Meta’s platforms-as-vigilance first? }, or Twitter lives, when this lives today dont pass 5 people beyond the invited’s crews.

Oi / Hola! Aqui Falamos Outras Linguas…

  • LatAm has independent Portuguese and Spanish contents being produced outside the Foundation. Although this is an extremely complex matter and a point of pain to any Web3 solution, me and others energized an initiative never seen before on Celo community:

  • Ambassadors were leading the Portuguese and Spanish social media channels since its launch! Focusing on grass roots awareness and education, using a bottom up approach. I think you will appreciate to know this, as you seem to be a supporter of Ambassadors work. Sadly their grants are all over and this work was paused. This DAO aims at putting back comms on the communities hands.

Meta concerns: Meta in Portuguese means GOAL, and the goal is to grow

  • We have learned a lot together, an sustain that a budget of 10k for Portuguese and 10k for Spanish a month, to encompass: content creation / localization / traffic adds / support material for hackathons and awareness endeavors in the following platforms: Twitter / Telegram / Instagram / Discord / TikTok is not only shy but rather tight (around 1k per media per language). Unless you want to keep all discussions and growth subject to people speaking English (what is questionable and not supported by the community here on the Forum, on Discord, on TG/IG and Twitter) an effort needs to be made.

  • Community feedback on this topic is that ignoring social media in LatAm is a questionable and superficial strategy, constantly undertaken by foreigners that don’t understand the locals culture and adopt a very US/European-centric view of crypto. This has been widely discussed in Discord. I would like to invite you to join every Tuesday 11:15am GMT-3. Discussions are held in Portuguese and Spanish, so you will feel home.

  • If you have any social media agencies that would do Web3 work for this price for 5 years please send their contact and proposal. In any case, maybe you want to get to know a little more about the amazing work that was done by the Ambassadors in social media for LatAm and may even praise their hard work of “landing” Celo for the first time in Portuguese and Spanish.

  • I am really afraid the one-million-dollars Mila-proposal are going to benefit just her NTF-makers friends-of-friends, while reading their discord.
  • Do you want to share a link to “their discord” so we can preserve the good faith in this discussions?
  • $100/hour is a mockery, in a place where the fulltime-month salary (160h work) is around $200. Of course many of her new “friends” want a piece of the cake.

What can you buy with minimum wage? If you think your basic needs is the answer, thats probably bc you don’t live in LatAm

  • Can you share a link to this claim? This is below minimum wage in some LatAm countries. So foreigners can relate, here is a good article. Click and check - you will see what a minimum wage can buy, among other info.

  • On a more objective front, given the “remuneration” of the DAO is capped at 10% max of its value (or around USD 100k year or less than 5k a month per language (ignoring that we are talking about at least 4 very relevant target countries), you can see how modest this proposition is.

  • Its a rather high accomplishment to deliver all the above w/o proper compensation and incentives. I praise all who volunteered to this and state that maybe we need to find a model in the future where there is proper compensation (and prosperity for this DAO too) for the extreme heavy lifting this proposal will entail.

  • Another relevant point you might want to consider: If you believe LatAm people should be remunerated less than some standard international DAOs its certainly your right - but not something we agree with. We should not Tier Celo community globally, based on 1st world/second class type of approach.

On a personal note: Although I waived receiving any pay for this your comment made me think maybe this is not fair given the amount of work I will have to undertake.Thus, I will reconsider this point.

  • There is a “prosperity as luxurious” aesthetics been performed that creates an aversion on the technologists/hackers scene where I presented the exciting cStables.

The Opportunities and the Roadblocks

  • Re. cStables: Interesting. Since the stables model is unique in terms of accessibility. On cReal for instance was launched with the largest number of partners integrated, and encompassed adoption by centralized and decentralized solutions. A real astonishing accomplishment, given you can pay any utility bill or on/off ramp using local dApps.

  • I unfortunately don’t see any of the points you are raising being discussed here in the Forum, or contributions to open cStables discussions (past and current such as the cCOP one, that could be of interest to you given you say you are from Colombia). I don’t quite understand what you are talking about, or why you are bringing this to the context of this DAO that has super clear and straightforward goals and responsibilities.

  • You might want to direct your comments re. cStables to the Mento team (another example of how relevant it is to address tensions to the stakeholders responsible), or make comments to the cCOP open discussions above (or to any other cStables discussions myself and the community have engaged on. Usually such discussions relate to: liquidity / fees / slippage / integration / opportunities).

  • I did read Eisenstein book and it is sad that the Carbon-Credit market is full of mercenaries far from the real preoccupation with our sacred forests, and Celo should be very careful to avoid green-washing involvements.
  • Relevant point. DAO and supporting people on the comments that have expertise on the space may be interested to exchange ideas with you on how to advance areas of mutual interest and relevance. Can you share the projects you have been involved in this space and or learnings to help us grow?

  • We host a lot of these conversations on the Discord on Tuesdays. I would like to invite you to join the spaces in Portuguese and Spanish.

“We do want -and need- financial inclusion and new fair FinTechs and platforms! My suggestion would rather to endorse Federated Ambassadors /Leads per country (rather than One Queen)”"

  • I am #1 fan of the Ambassadors initiative and, although the budget for it is out of my scope in the Foundation I was lucky to work and energize initiatives with several - such as social media channels in PT/Spanish being led by Ambassadors. This was a first, and something I strongly advocated for and supported.

  • We will propose a wording switch from “Support Personal” to “Ambassadors” on the above - as this is more true to the collaboration they will perform. If you want to be an Ambassador for the hackathons, for example, we would be happy to consider.

Funny last note: My name, Camila, means “The Servant”. So “Queen Camila” is actually a very interesting thing to think about. Camila, Mila, Queen: feel free to call me whichever - specially if you are calling me to propose solutions to existing factual tensions that are hindering the growth of LatAm community and initiatives.

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Hi @bitdasminas ! Thank you for waiving the Celo Flag while being an Ambassador, and onboarding other amazing Ambassadors!

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Very good question @Frerehugi ! On this post you can see what is already happening in here. You can pay with cStables in over 1M POS and pay any utility bills.

As regards real world use cases I would say we are, in terms of community, advanced. One of the issues to grow has been liquidity.

The short term goals are: Growing Awareness / Attracting more developers / structuring opportunities via Web3DAO. Numbers for such are above.

Hey there! TY for the questions.

Regarding the proposals themselves, $200k is far too little to make a functioning venture studio (especially with the traction goals you have set).

I agree. I don’t think however community should be the only to “chip in”. For this, and considering multisig holders/expertise I think we should consider having VCs tip in to this section of activity specifically. Thoughts?

Doesn’t Celo already have a Celo-focused venture builder in Flori Ventures? What is the significant difference between what they are doing and what you are trying to do here? Would it be more focused on LATAM?

Flori is VC. There is no VB on Celo for LatAm, and the market is super specific. Main difference “team” and its accomplishments, market understanding and Celo community understanding.

You could really break these items up into smaller projects or working groups, and deliver them independently. (…)
It’s extremely difficult to track the progress of a large multi-faceted DAO like you are proposing, and there’s very few ways for the community to correct course once the spend has been approved, especially if the DAO is succeeding in one area but coming short in another. If you structure it more like targeted working groups, then they could be somewhat rolling approvals year to year. If the Hackathons are amazing in 2023 (…)

We have thought long and hard about this. I think a call to address these points would be awesome bc there is a lot that is hard to convey here, but in short:
(i) We need to have flexibility bc leaving room for opportunities – and being able to execute fast – is necessary on Web3;
(ii) Ecosystem Growth is super challenging and entails joint actions in different moving parts. Your idea of working groups can certainly help us achieve this and I think that the fact we identified people’s main gifts is a way to start this. But: Maybe instead of subjecting each vertical to a news proposal we could separate allocation to the DAO in tranches upon milestones completion?

Finally, do you have a treasury strategy? Will you be pulling the approval and managing it internally in the multi-sig?

Yes. @gabrielribenboim would be the lead given his experience and for being founder of a Bank . . But let us work more into bringing some clarity to this topic in the next amendments.

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Hi All! But specially the ones that voiced improvement suggestions (including @DonaFlorinda @NameSurname @Frerehugi @Thylacine): Are you open to a call? We want to strengthen connection with the community, explain what we envisage, collect feedback and improve. What about Monday midday GMT-3?

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Hi @Frerehugi to help onboard more commerces we are trying to get alive this proposal about StableCoin pegged to Colombian Peso $cCOP because local commerces in Colombia :colombia: think in Local Currency.

Many thanks if you read this proposal and give your feedback.

Or if you prefer the post in English:

Thanks for the responses. I’m supportive of the initiatives in general and just want to make sure that the community can always answer: “Are these funds being utilized as we expected?”

I still think the venture builder / start-up lab idea should potentially be carved out as a separate entity. The concerns and goals of this idea are very different from the other items, which I broadly see as “local leadership / outreach / communications / ambassadorship”

Happy to discuss on a call as you mentioned, although as a small time CELO holder I don’t have a lot of final sway in any of this. But if I can help make the final proposal a little more structured, happy to help.

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Yes, I agree. Thats should be #1 transparency goal. On the call, we aim at showing you the amendments we are making to the proposal due to the suggestions of improvement above and hear your perceptions about it.

If you can join, your inputs will be most valuable.

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Excuse me, you have 1 MILLION points of service in LATAM where you can pay with cStables through Valora App? Is that true? That’s unbelievable! You need to make Videos! People paying with Valora in Shops, Cafes, Gas stations….anywhere! Videos, Videos, Videos!!! We need material to share so we can put pressure on Valora and cLabs to get a move AND (even more important) to encourage investors! CELO needs to go to 20$, then liquidity is no problem!

Love this response :clap:

Speaking to non technical users and creators bring in new potential for growth. Speaking to the crypto community only circulates and recycles those that already believe in the technology and different ecosystems. Engaging the masses is what brings growth and reaching local communities through art, nft, and cultural enriched impact lead to growth.

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Check this and this . There is much more than this already built by the community. Thats why awareness (and budget) is so relevant. To clarify: Its NOT Valora making such integrations.

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Hola @juancamp1987 !

Gracias por la consideración. No me importa escribir en español, ingles, rust o javascript, but as an international community I hope we choose a lingua-franca. 60 years ago was French, 60 years ahead might be Spanish, but now English will help most people to follow our conversations. As most of other Blockchain Forums, it is suggested to keep the original post language. Interchange languages in between posts will create a babylonic chaos. The suggestion is to create a second Post when having a second language.

Following your post, my only critics is with the naive,

en Colombia está ingresando plata al país cosa que es bueno para la economía del país

which resonates with the worst kind of south-american capitalism; How many times we didn’t hear gold-miners and ultra-extractive logger-companies argumentation in the same way? We don’t need more money-first mercenaries with a more sophisticate green-washing, while most believe they do good “for economy”, this new god.

More questions than answers, sorry. I am sure you know Eduardo Galeano, but I recommend you this work. There are much more important values than wealth per-se, and I am afraid web3 are gonna bring more concentration in a a few new techy-savvy hands than a proper and needy distributed enlightenment. All south-american neoliberal dictators brought the motto: “make the cake growth first, then distribute”, but the second never happened, and I see most people here willing a piece of the cake without true projects. That is why I question this hackatons (and I did many) pushing know-how without any true (political) know-whats and know-whys. Tech per-se is blind.

Of course I am been dystopic here to counter-balance the a-critical general “good vibes” feelings around the topic and the one million dollars in @MilaRioja hands that I truly feel should go to groups already working on projects that could be pushed from web2 databases into on-chain web3 infra.

Mila is promoting a big banquet, while many latam tech activists are missing food, unaware or critical with the ReFi brand. Those good guys won’t appear for this party.

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Hi @davidcasey ! TY for your post.

Here this is the reply for some questions made by another Forum member that may be of interest + action plan for our next iteration, in case you have extra comments. I also suggested an open call to discuss such.

The ReFI positioning + real world use cases is the narrative for Brazil and LatAm. One of the first thought exercises I produced when I joined the Celo community, almost 1.5 years ago, was this:

I was reading the opportunities in the LatAm market, and how we were positioning at the time. The volume above was only considering Brazilian market opportunity with the upcoming cReal proposal.

I am happy to see the conversation in this Forum is also aiming in this direction, and that these make sense globally after a a bull and a bear market. Irrespective of some people supporting the current proposal or not, the discussions highlight a big need for

  • Growing awareness. Talking about whats done in LatAm and how is it done
  • Nurturing real world use cases
  • Supporting the community growth from the ground up
  • Responsible REFI

At the time, I lined up the partnerships, opportunities and plans to make the above happen. I got some traction but we certainly lacked the resources to make it happen. At the bull market my view is that it was hard to make (global) people focus on LatAm. Until today, I don’t think there is enough awareness about what LatAm is and what LatAm can do on Celo community.

Here is a SWOT analysis of what I believe depict some of the tensions and opportunities. I also highlight how relevant the threats are, and how we see some of this emerging on this forum conversation.

Celo vision is a great fit for LatAm. LatAm is more than ready for crypto. We need to bridge this gap (fast) bc we are constantly loosing great opportunities around.

An excerpt from the link above:

Latin America received BRL$2.9tn (US$560bn) of crypto between July 2021 to July 2022, a 40% year-over-year increase, making it the fastest growing region in the world for crypto adoption. These numbers come from the 2022 edition of Chainalysis’s Global Cryptocurrency Adoption Index, released last week.

Brazil itself represents the seventh largest market for crypto adoption worldwide, receiving just under US$150bn worth of cryptocurrencies over the period.

I look forward to collaborating with you.

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Ok,
I think it’s best to remove myself from this conversation.
Best wishes for you. :pray:
Always best wishes for Colombian :colombia: people and the whole world :earth_africa:

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Amazing proposal for Celo ecossystem in Latam. Rio Crypto Hub and the other Hubs that are also borning this year are full commited to stick together and help this community to grow organically in Brazil. Count on us!

Vamo que vamo!

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We are very much looking forward to collaborating with you

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Hello everyone! Very exciting to see this initiative!
I run an accelerator in Colombia and live on the caribbean coast and excited to start
onboarding people on Celo there, lots of opportunity and lots to do!
Got experience in running events, building and running hackathons and have worked in Venture Builders as well (Web2 but gotta start somewhere :slight_smile:
Count on me for Colombia and the Caribbean!

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