After 2 months of building on Celo and innovating on money, we’ve finally reached the end of Celo Camp Batch 1 and we’re really proud of the work all 18 finalists have accomplished! We’ve reached a momentous moment in the blockchain ecosystem as Celo’s mission of creating prosperity for all has come to life with finalists from almost every continent. Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. Celo Camp is proud to be a part of this journey and to do our part in bringing teams from all over the world together to fulfill this mission.
Celo Camp came to its peak with the Idea Fair, Celo Camp’s demo day, where the top 7 teams presented their demos live and committed transactions on top of blockchain in front of an audience of over 200 people. All of the solutions showcased what is possible with mobile-first Dapps, using the Celo Blockchain. Our Idea Fair presenters included the following teams: Air Protocol, D-event, impactMarket, Pesabase, KotaniPay, MugglePay, PARSIQ.
On June 15th, the first batch of Celo Camp concluded and the polls were locked! A cumulative number of 5,359 community members voted throughout the duration of the camp to determine the winners of Celo Camp. In addition to the community vote, 25% of the vote came from the Celo Camp mentors, 25% from the cLabs team, and 25% from the Celo Camp team.
And the winners are…
After three rounds of voting and out of 251 teams from 60 countries, two teams shined throughout the competition and put together a team of very talented and committed individuals who see a brighter future for our world through decentralized finance. Congratulations to Pesabase (formerly known as Kesholabs), our grand prize winner who has won Celo Camp’s Gold prize of $10,000 and to MugglePay, who has won Celo Camp’s Silver prize of $5,000!
Pesabase — Celo Camp’s Gold Prize Winner
Pesabase is a financial platform that provides Africans with a cheap and social option to remit and pay for goods and services. Africans remit over $14 billion annually in Africa and another $37 billion to Africa. Pesabase uses stablecoins as a means of moving money quickly and cheaply for them. During Celo camp, they built an Android app connected to the Celo Blockchain and Mpesa, that shows the ease of money movement in a Blockchain world.
MugglePay— Celo Camp’s Silver Prize Winner
MugglePay’s mission is to help merchants around the world accept Celo Dollar and make crypto payments empower billions of people. During Celo Camp, MugglePay built an app that helps merchants accept Celo and cUSD easily and safely and users can shop with Celo in over 2400 merchants integrated with MugglePay SDK. MugglePay’s aim is to expand the cross-border payment audience, help merchants expand globally, and reduce the cost of cross-border payments to 1%.
The Celo Tenet Awards
The Tenet Awards are awarded to projects that embody Celo’s community tenets: Designing for all, striving for beauty, innovating on money, and embracing humility.
Celo has also awarded 7 teams with the Celo Tenet Award of $2,000 each: Congratulations to Kotani Pay, Dunia Payment, impactMarket, PARSIQ, Air Protocol, d-event, and Lovecrypto!
We’d also like to thank all the teams that participated in Celo Camp:
Air Protocol, Conclave, Crosspoint, d-event, Dunia Payment, Figment Networks, Good Crypto, impactMarket, iwise, Pesabase (Kesholabs), Kotani Pay, Lovecrypto, MugglePay, PARSIQ, SharpShark, Tangany, TRUSTartup, and Ubricoin!
All 18 Celo Camp teams have done tremendous work and we are proud to have them as Celo Camp alumni. We look forward to following these incredible Dapps and how they will contribute to the future of decentralized finance!
Stay tuned for more details on our next batch of Celo Camp!