Wednesday morning, the auction of Celo Gold on Coinlist closed in less than 12 hours allowing the Celo Alliance for Prosperity and the american startup cLabs to collect $ 10 million.
Celo Gold (cGLD) is a utility and governance token required to participate in the Celo platform, a new Proof of Stake (PoS) blockchain for digital payments.
The sale attracted nearly 500 investors, mainly based in Germany and the United Kingdom, which made a total of more than 750 offers.
The average price of the offer was $ 5.02, with more than 50% of offers greater than $ 3 and more than 25% of offers greater than $ 9. Participants included people who wanted to run nodes on the Celo network and those who wanted to see Celo's mission come to life, ”read a statement released by Coinlist.
Investors now expect to receive their cGold tokens next May 18.
Like Facebook's Libra project, the Celo Alliance for Prosperity wants to accelerate the adoption of cryptocurrency as a payment method and improve financial inclusion. 50 companies, including several Libra members, have joined the initiative today.
The Celo network operates 2 digital pieces: Celo Gold, which verifies the transactions on its platform, but also Celo dollar, a US dollar-indexed stablecoin backed by a reserve of Celo Gold and other assets.
Last month, Celo distributed $ 700,000 through its subsidy program in order to strengthen its ecosystem.
Mining on RTX 3070. Overclocking, tuning, profitability, consumption: If you are interested in finding more…
Mining with GTX 1660, 1660 Ti, 1660 Super. Overclocking, settings, consumption, profitability, comparisons - If…
Mining with RTX 2070 and 2070 Super. Overclocking, profitability, consumption, comparison What the RTX 2070…
Mining with RTX 3060, 3060 Ti. Limitations, overclocking, settings, consumption, profitability, comparison Let's look at…
Alphacool Eisblock Aurora Acryl GPX-A (2022) with Sapphire Radeon RX 6950 XT Nitro+ Pure in…
In the ever-evolving landscape of business strategy, Bitcoin has emerged as a pivotal asset. With…
This website uses cookies.