The Celo Foundation has partnered with Google Cloud to support mission-aligned projects in the Celo blockchain ecosystem and advance early adoption of Google Cloud services.. The collaboration will allow founders of Celo-based projects to access credits for the use of Google Cloud and Firebase, thus improving Celo’s mobile infrastructure and decentralized applications (Dapps).
Firebase is a web and mobile application development platform developed by Google that provides developers with various tools and services for building applications, such as authentication, real-time databases, cloud storage, and messaging.
According to the announcement, The Google Cloud team will also provide mentoring and mentoring for Fundación Celo’s Founders in Residence program and will participate in the Celo Camp virtual accelerator program, which supports entrepreneurs in developing startups focused on sustainability. In addition, the two organizations intend to co-host specific workshops and events focused on Web3 sustainability and innovation.
In an interview with Cointelegraph, Xochitl Cazador, Fundación Celo’s Head of Ecosystem Growth, stated that “this new, expanded partnership between Google and Fundación Celo enhances the ability to collaboratively create greater awareness of blockchain technology and its ability to scale the use cases into the real world in Celo.”
Hunter further explained that “The Google Cloud core team will also support the Celo Foundation through joint hackathons, workshops, and events focused on the intersection of Web3 and sustainability. The partnership aims to further amplify both teams’ belief that blockchain technology it is very suitable for addressing environmental issues.”
Regarding the challenges facing sustainability-focused startups on the Celo Network, Cazador shared that “highly technical onboarding processes, complex interfaces, and unknown transaction fee currencies present significant barriers to entry for such startups.” startups in the Web3 space”. However, Cazador shared that Celo’s partnership with Google Cloud is poised to “take the pressure off both emerging and established projects, thereby enabling ecosystem builders to address the biggest sustainability challenges of today and tomorrow.”
Celo is a blockchain platform that has achieved carbon negativity through proof-of-stake (PoS) consensus. Within the Web3 community, it has gained recognition as a leader in regenerative finance (ReFi), a broad concept that prioritizes sustainability within finance. The platform has a diverse range of more than 1,000 projects in more than 150 countries.
On Episode 10 of Cointelegraph’s Hashing It Out podcast, René Reinsberg, President of the Celo Foundation and co-founder of the Celo blockchain, discussed the ReFi movement and Celo’s plans to remain relevant in the multi-chain world. Reinsberg shared that he sees the rise of layer 1 blockchains and layer 2 networks as an opportunity to attract more people to cryptocurrencies.
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