Review on Celo Gold by LUIS RIVERO R
CELO multi-chain intended developed for the crypto community.
Project characterized by allowing its use on mobile devices, designed as an ecosystem that allows applications to run directly on its chain. His current philosophy is to create a truly decentralized platform that allows any user to be included without any kind of restriction, as it happens in traditional banking systems.
In general, Celo has a high-level structure that will allow it to advance its goals, and it also has a clear idea, Connectivity, decentralization and destined for the community.
Pros
- The blocks are verified by proof of participation, that is, they have low energy consumption.
- Price of this stable currency, however its price depends on an algorithm.
- Some of the development teams are verified.
- Project still new but with high growth expectations.
- They have competitions for developers, with prizes that motivate them to make applications since they offer up to 10k in USD.
Cons
- It is listed in few exchanges with low liquidity.
