The success of DeFi applications has been remarkable since their introduction, and although being limited at first, their growth has accelerated to catapult the industry surrounding financial disintermediation to a multi-billion dollar behemoth.
In spite of initially modest DeFi market capitalization, it has grown exponentially through the summer of 2020. By injecting decentralized governance and peer-to-peer access mechanics, all on-chain inclusive and incorruptible, the institutional landscape of DeFi is rapidly spreading, taking over, morphing and synthesizing the institutions of traditional finance.
Another important element driving the fast expansion is the sheer potential for community innovation enabled by the open source nature of the majority of the DeFi software. The foregoing leads to an obvious conclusion: we are in the early stages of forming a new institutional environment that will redefine the financial system as we know it in the coming decades, transforming it into something very different, something fair and efficient.
To replace the current financial system's core institutions, decentralized apps have become increasingly sophisticated and efficient in terms of lending and borrowing mechanisms, risk management, and the formation of on-chain liquidities. The rate at which inventions occur has never been faster, and it is only going to get faster. With the launch of CeloLaunch, an IDO Platform based on Celo Network, that day has come. CeloLaunch's major goal is to tackle the Celo Ecosystem's illiquidity problem and give a single unified UX/UI on our platform (an important thing that usually getting neglected by other projects).
launched in September 2021, provides a constantly expanding set of decentralized services by offering revolutionary, flexible technology to add value to the DeFi industry as a whole, in CELO Network specifically. Startups may boost their initiative and reward communities by utilizing our services.
The CeloLaunch team appreciates you taking to read our documentation. We sincerely hope that whoever you are you will profit from the services and utilities provided by the CeloLaunch ecosystem.
Our vision is to construct an autonomous launchpad on CELO after recognizing the CELO Network's future potential.
Initially launched on CELO network, CeloLaunch Team is seeking for strong partners to help startups, communities, and token developers utilize the best tools available.
is motivated by a strong desire to help others and we're looking forward to the positive behavior from our community which sets us apart. CeloLaunch's ethos and utility are founded on the foundations that our community continues to construct.
Positive or negative criticism is vital as long as we could learn anything from the hundreds of interactions we got everyday. Having said that, concentrating on communities allows the CeloLaunch Team to position as a product-market fit reference.
Our vision is straightforward, to build an automated, decentralized, and scalable technologies on the CELO Network. Moreover, everyone in CeloLaunch community is invited to join us since we are more powerful when we work together.