Week 2 Report: CeloPunks, Climate Collective, Optics, #DeFi4ThePeople
0xB520
October 15th, 2021

1. What is the difference between CeloPunks and CeloPunks_art?

Top answers from Knox.Market:

Celo punk is the official cryptopunks NFT in celo network, algorithmically generated Punks with new unique attributes on Celo.

CeloPunks is the first official art project on Celo backed by Celo Starter. It's art/collectible.

Inspired by LarvaLab's cryptopunks, celopunks implements the 3 backgrounds with the Celo colours from Brandkit, so people of the community can recognize.

The CEO of celo follows CeloPunks on Twitter.

Celo Punks are built with unique elements and special swag. reward early birds and promote a long-term community spirit.

Celo Punks star 976 different components, designed and picked carefully for maximum cool. reward their early believers with a 2% royalty fee.

CeloPunks minting price is 2 celos, CeloPunks were sold out within 10 mins. 100% sold out, airdrop the new special version of CeloPunk to every holder, continue to grow the community, and create a utility token $CPUNK. each minter will earn a royalty fee each time their punks are traded, forever.

Celopunks are a reiteration of the ERC-721 project CryptoPunks not a copy of a scam.

CeloPunks_art also has 10,000 unique digital characters on the Celo blockchain.

CeloPunks_art airdrop all the #Celopunks left to all of the original minters.

Celopunks_art is known as a scam. The former is a collection of great value, while the latter is just a product of heat. The two are completely different.

CeloPunks has official certification, CeloPunks_art does not.

The top answers listed above are results from a Knowledge Market with 5307.30 CELO liquidity & 1073 CELO volume. Want more insights? Join our discord.

Hivemind of 81 bidders
Hivemind of 81 bidders

2. What is Celo Climate Collective?

Top answers from Knox.Market:

Celo community allocates 0.5% of Celo reserve to voluntary carbon credits and initiated purchase of tokenized Moss.Earth carbon credits.

Grants from the Celo Foundation, or raise capital from Flori Ventures or the Polychain Celo Ecosystem Fund to buy and own $340M worth of newly planted rainforest to back the Celo Dollar and Celo Euro stablecoins.

Celo Ecosystem Venture Fund is a Polychain-led venture, supported by founding investors Andreessen Horowitz and Celo.

40% of that would allow the protocol to buy and own $340M worth of newly planted rainforest to back the Celo Dollar and Celo Euro stablecoins.

Over the next 4 years, these tokenized trees be added to the Celo Reserve so that Celo stablecoins can be backed in part by rainforests.

By tokenizing rainforests and other carbon sequestering assets to enable natural capital backed stablecoins on the Celo platform.

If Celo Dollar and Celo Euro circulation were to grow to the size of USDC, we would reach 16% of the IPCC goal.

Members of the Climate Collective also work with Natural Capital Partners, a leading developer of carbon offsets.

Natural capital backed currencies work by backing money with the climate collective.

Plot of rainforest the size of Lebanon costs 25M dollars in the Amazon, 40% of the Celo reserve backed by roughly 135M large rainforest trees.

MOSS will expand the use of MCO2, its carbon credit-backed token, while intending to ensure the usability of Celo stablecoins.

Celo buys carbon offset credits from Project Wren automatically with block rewards and overcompensates thereby its CO2 emissions.

Celo is an environmentally friendly proof-of-stake blockchain platform with native stablecoins that are backed by a basket of crypto assets.

Celo Reserve size means 40% would work out to 135M large rainforest trees.

Elon Musk’s $100M carbon removal XPRIZE competition, the largest in XPRIZE’s history, is important in helping us fight climate change.

Sequestering carbon and reducing greenhouse gases are the fastest ways we can help avoid the colossal effects of climate change.

The top answers listed above are results from a Knowledge Market with 5379.68 CELO liquidity & 613 CELO volume. Want more insights? Join our discord.

Hivemind of 42 bidders
Hivemind of 42 bidders

3. What is Celo cross-chain Optics bridge?

Top answers from Knox.Market:

Optics core contracts and token bridge contracts have been deployed on Celo, Ethereum, and Polygon mainnets.

Optics has a one-to-many relationship meaning that on each chain, a single message-sending mechanism is used to communicate with all other chain.

Unlike other bridge designs, Optics has a one-to-many relationship — meaning that on each chain, a single message-sending mechanism is used to c.

Optics sends messages from one chain to another in the form of raw bytes.

Optics will form the base layer of a cross-chain communication network that provides fast, cheap communication for all smart contract chains and', 'deployed on smart-contracting chain, multiple chains at the same time, decentralization, deployed on Celo, Ethereum, and Polygon mainnets

Goal of Optics is to be a chain-agnostic interoperability standard, and we plan to roll out to more chains in the near future.

Optics is a new design for radically cheaper cross-chain communication without header verification

Like IBC and other cross-chain communication systems, Optics creates channels between chains, and then passes its messages over the channel.

Optics creates an authenticated data structure on a home chain, and relays updates to that data structure on any number of replicas.

Optics to cut 90% of gas costs compared to a traditional header relay, optimistic systems.base layer of a cross-chain communication network.

Optics may be implemented on any smart contract chain, with no bespoke light client engineering.

Optics spans multiple chains. The sending chain is the source of truth, and contains the “Home” contract where messages are enqueued.

This acquisition began the construction of a gas-efficient interoperability standard for cross-chain communication named Optics.

Once a channel is established, any application on the chain can use it to send messages to any other chain.

Enable things like buying CELO or cUSD using Ether, or holding DeFi crypto assets in Valora, Cheaply move tokens and data between chains.

OPTimistic Inter-chain Communication Standard connects chains 1-to-N model, making its bridges more like airport hubs.

Gas-efficient Interoperability Standard for Cross-chain Communication connecting decentralized ecosystems improving blockchain interoperability, could tap into and leverage the benefits of Celo and modern layer ones.

Enormous potential of bringing together large and diverse communities.

Chain-agnostic interoperability standard, automatically bridges to every chain in the network without any custom setup for individual channel.

The top answers listed above are results from a Knowledge Market with 5282.50 CELO liquidity & 1527 CELO volume. Want more insights? Join our discord.

Hivemind of 62 bidders
Hivemind of 62 bidders

4. How does a fair $100M #DeFiForthePeople distribution look like to ensure prosperity for all?

Top answers from Knox.Market:

Rewards are available for PoolTogether on Celo, and incentive pools with other DeFi protocols and projects will be launching in the coming weeks.

DeFi for the People aims to change that by bringing builders together to create products that make DeFi more accessible and easier to use people.

DeFi for the People is offering $100M in funding for Web3 projects committed to making DeFi accessible to everyone.

DeFi for the People builds upon Celo’s mobile-first approach to make crypto and DeFi accessible for all.

PoolTogether on Celo can facilitate crypto and DeFi adoption for the unbanked and users who benefit from low gas fees and fast transaction times.

Aave on Celo with $20 Million Incentive Program, Curve on Celo with $14 Million Incentive Program.

Celo's mobile-first platform over 1 million wallet addresses across 113 countries presents a unique opportunity to bring the benefits of DeFi.

Ubeswap Increasing CELO Pool Rewards with DeFi for the People.

Defi For the People Journeys — a campaign to promote knowledge about Celo and its Ecosystem.

Sushi on Celo with $10 Million Incentive Program, o\tDeFi Track: Build decentralized finance applications, tools, and infrastructure.',

Million in prizes and seed funding to light up a billion faces Web3 projects, committed building mobile-first DeFi 6 billion mobile phone users.

Aave able to unlock value on DeFi and make DeFi more accessible.

Sushi users can trade assets with the Swap feature and provide liquidities on Celo with yield farming rewards and incentives.

Developers are invited to build their projects on Celo, with $2.5 million in prizes and seed funding available to jumpstart their projects.

DeFi for the People invites developers around the world to build their projects on Celo.

Built on Celo, the new initiative counts Aave, Curve, Sushi, PoolTogether, 0x, UMA, Valora, Ubeswap, and Moola Market among its founding partner.

Aave protocol on Celo’s mobile-first platform has the potential to bring crypto to the 6 billion mobile phone users.

With Optics, users will be able to easily move assets between Ethereum and Celo.

The top answers listed above are results from a Knowledge Market with 5423.85 CELO liquidity & 492 CELO volume. Want more insights? Join our discord.

Hivemind of 55 bidders
Hivemind of 55 bidders
Arweave TX
AO4LRtCENeZw7sJYDQcPEKnAqngNEoDqluLgAi3Cm6E
Ethereum Address
0xB52093Eb79BBAa599C0De56FD58ceF84656ec987
Content Digest
RZtsdQ0bPbrJP09qb54Nq-oNygGgX7KzgBixcb6hMck