Why buy $CELO ?
Celo is a platform acting as a global payment infrastructure for cryptocurrencies that aims to target mobile users. To this end, Celo's goal is for financial activity to be accessible to anyone globally thanks to its ability for payments to be sent to and from any phone number in the world.
In addition to basic payments, Celo can support the development of decentralized applications on its blockchain. Thus far, these dapps include one allowing anyone to contribute to a community’s universal basic income scheme, as well as a crowdfunding platform for social causes.
Central to running the operations on its blockchain, Celo operates two native tokens: CELO, a governance asset for voting on changes to the protocol and Celo Dollars (cUSD), a stablecoin mirroring the value of the US dollar.