David

Bankless Nation, we are here with Marek Olszewski, the CEO of C-Labs.

That's the organization behind Celo.

Marek, welcome to the show.

Marek, I think there's just a lack of education about Celo in the ecosystem, about what Celo is, how it's positioned.

I think people probably know it as...

That chain that transitioned into Ethereum layer two not terribly long ago, always been kind of proximate to the Ethereum ecosystem, at least in spirit, now formally part of the Ethereum superstructure.

So welcome.

That's not really the subject that I want to kind of cover on today's show.

I kind of want to cover like how actually Celo is being adopted and used, because I think it's a little bit of an undertold story.

Before we get into that, maybe you can kind of just educate us on Celo's origins and some of the thoughts behind it.

It's been around for a long time.

Get us up to speed with where Celo came from and what it is today.

Yeah, I think like if you go into crypto Twitter and you kind of pay attention to the zeitgeist of the moment, it's like, you know, perp dexes, meme coin launch pads, all of this very exciting stuff that produce, you know, billion dollar size venture outcomes for like brief moments of time.

And then the fad kind of goes away.

You know, and I'm never going to fault anyone, any founder for ever pivoting, trying to find product market fit.

You know, like I think there's like a, I think crypto Twitter especially is very harsh to founders that pivot when pivoting is actually just a part of the regular startup experience.

something about Celo is that Celo seemed to like identify P2P, P2P payments, and kind of like also like developing economies and has stayed just locked in on that focus since the get-go.

And like, I think when I'm going to ask you, not right now, but I'm going to ask you in a second to like kind of share some usage metrics.

And I think maybe people who are like kind of following the crypto Twitter zeitgeist,

of what it means to be in crypto, Will might be surprised about what actually Celo is doing over in the world of P2P payments and developing economies.