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Celo Org Organizes Kuneco Demo Day, CELO Token Rallies

Twitter icon  •  Published 2 years ago  •  Hassan Maishera

CELO is one of the best-performing coins in the market at the moment following the Kuneco Demo Day even

Celo Org, the development team behind the Celo ecosystem, shared several updates on Kuneco Demo Day on Twitter yesterday. The team members discussed plans for Celo's Climate Collective, an initiative to tokenize rainforests and other carbon-capturing assets. According to the team, the tokenized trees will then be added to the Celo Reserve, which is worth nearly $1 billion.

Furthermore, the team held a demo showcasing how to buy non-fungible tokens (NFTs) with credit cards. Celo is an open platform that supports a wide range of distributed applications, smart contract development and payments using e-mail addresses and phone numbers as public keys.

CELO's price has soared by nearly 10% since the event took place yesterday, and it is now trading at $3.87 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.