This archive report was first published on 25 October 2021.
On October 25, 2021, the Celo Foundation, a nonprofit supporting the development of the Celo open blockchain platform, announced a significant milestone in its mission to empower anyone with a smartphone to access digital assets.
The foundation has allocated $9.35 million in funding to 50 projects that represent different sectors, including blockchain infrastructure, dApps, DeFi, developer tooling, ecosystem support, education and community, and Universal Basic Income (UBI).
Launched in March 2020, the Celo Foundation aims to create an ecosystem that fosters a fairer and more inclusive financial system. The foundation's statement highlights the grant recipients' diverse backgrounds and the potential of decentralized technologies to drive positive change.
For more information on the full list of recipients, please visit https://airtable.com/shrmh8xPVQsmUApJP/tblzqqf4Oi5DjWEPp.
