He twitter.com/Celo” target=”_blank” rel=”noopener”>Celo Foundation has announced a partnership with Rarible to launch a new nft marketplace called Celosphere.
Powered by RaribleX and will operate on the first ethereum L2 blockchain network for mobile devices, this platform will focus on art.
Celosphere is designed to provide a platform for creators around the world to showcase their digital creations and connect with global communities.
Empowering creators with Celo Creators Fund
This partnership builds on Rarible API's previous integration into Celo, making it easier for developers to enhance decentralized applications by leveraging nft technology on the Celo network.
Celosphere aims to create a dynamic marketplace where creators can seamlessly trade, sell, and acquire digital collectibles. Notably, the Celo Foundation has implemented a carbon negative design and Ultragreen Money tokenomics within Celosphere, allocating a portion of gas charges to offset carbon emissions from transactions.
The Celo Foundation has introduced the Celo Creators Fund, designed to encourage individuals, creators and artists to develop nft collections. Community partners such as Rug Radio, HUG, Boys Club and Refraction will receive $1,000 fast-track grants to bolster their respective communities with additional funds to support custom artist aftercare programs for further education and awareness.
This recent collaboration between the Celo Foundation and Rarible aims to empower creators within the nft ecosystem through Celosphere and Celo Creators Fund.
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*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
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