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 is set to allow founders who are based on Celo to access credits for the use of Google Cloud and Firebase, thereby improving Celo's mobile infrastructure and decentralized applications (Dapps).
Firebase is a web and mobile app development platform developed by Google that provides developers with various tools and services for building apps, including authentication, real-time databases, cloud storage, and messaging.
According to the announcement, the Google Cloud team will also provide mentoring and guidance to the Forehead Foundation's Founders in Residence and participate in the Celo Camp virtual accelerator program, which supports entrepreneurs in the development of startups focused on sustainability. In addition, the two organizations aim to co-sponsor specific workshops and events focused on Web3 sustainability and innovation.
In an interview with Cointelegraph, Xochitl Cazador, Fundaciรณn Celo's director of ecosystem growth, shared that "This new, expanded partnership between Google and Fundaciรณn Celo enhances the ability to collaboratively create broader awareness of blockchain technology and its ability to to scale use in the real world. cases in heat.โ
Cazador further explained that โGoogle Cloud's core team will also support Fundaciรณn Celo through hackathons, workshops and joint events focused on the intersection of Web3 and sustainability. The partnership aims to further expand both teams' belief that blockchain technology is well-suited to address environmental issues."
Addressing the challenges facing sustainability-focused startups at 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 in the web3 space". However, Cazador shared that Celo's partnership with Google Cloud is intended to "relieve the strain on emerging and established projects, enabling ecosystem builders to address the biggest sustainability challenges of today and tomorrow."
Related: Celo ecosystem projects raise $77.3M in support of interoperability, ReFi
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.
In Cointelegraph episode 10 hacking it out podcast, Rene Reinsberg, President of Celo Foundation and Co-Founder of Celo blockchain, discussed the ReFi movement and Celo's plans to stay 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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