Public Goods That Will Onboard the Next Billion
Sun, Jul 16, 2023, 01:40 PM · 20:00
The video focuses on how to bring the next billion people into the world of cryptocurrency and the public goods that can help achieve this goal. It highlights the Celo blockchain as an EVM-compatible layer one that is carbon negative and mobile-first. The video mentions Valora, a wallet, and C-Labs, a company working on public goods for the Celo ecosystem. Two specific public goods are discussed: Social Connect, which enables payments using phone numbers as identifiers, and Fiat Connect, which aims to create a hub-and-spoke model for on-and-off ramps in different countries. The video also mentions a proposal to make Celo an L2 solution using EigenDA for data availability, providing cheaper transactions and a decentralized sequencer. The speaker encourages collaboration and support for these public goods to drive crypto adoption.
Celo
Marek is a co-founder of the Celo Protocol, CEO at cLabs, and President of Valora, an easy-to-use mobile wallet built on Celo. Earlier, he co-founded Locu, a machine learning venture-backed company that was acquired by GoDaddy. He is also an MIT PhD alumni and a former Facebook Fellow and has previously worked at Google, Microsoft Research, and Sun Labs.
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