Celo is an open and decentralized platform whose goal is to allow people to make crypto payments more easily and efficiently. The project was created to allow people to send crypto funds via their mobile phone numbers instead of having to go through a more complicated protocol which includes dealing with complex crypto addresses. The company decided to tailor its services for mobile devices as this allows users to trade while on the move regardless of their location. Two tokens are residing on the Celo network, a stablecoin cUSD, and CELO, which can be utilized to their fullest within the boundaries of its parent network.