Max Volk

The live Influencer Finance price today is $1.83e-10 USD with a 24-hour trading volume of $6 865,33 USD. We update our INFLUENCE to USD price in real-time. Influencer Finance is down ,45% in the last 24 hours. The current CoinMarketCap ranking is #6031, with a live market cap of not available. The circulating supply is not available and a max. supply of 1 000 000 000 000 000 INFLUENCE coins.

Influencer Finance is an ALL-IN-ONE Social Media Creator DEFI Platform and NFT Marketplace; secured with blockchain technology, created on the Binance Smart Chain. We are a Decentralized Platform designed for social media personalities and fans who want to create and interact with digital collectibles of their likeness.

We are one of the first projects to incorporate a love for fan interaction and blockchain capabilities into our core vision. Our aim is to partner with existing influencers in the social media space and develop a robust ecosystem on the Influencer Finance platform, as well as help new startups to fast track their business ambitions. One key aspect we are truly passionate about at Influencer Finance, is helping the world build more valuable brands through the power of creator partnerships and blockchain technology.

Using our native utility token $INFLUENCE, the Influencer Finance team will implement $INFLUENCE token as a form of payment for all exchanges on our DEFI platform and in our NFT marketplace. Automatic staking lets holders be rewarded for each transaction passively based on amounts of tokens owned. $INFLUENCE is a deflationary DEFI and NFT utility token that grows in your wallet just for being a holder.

Through utilizing smart tax structures that rewards it’s holders and by building a strong community, were aiming to create a link between cryptocurrency, NFTs and the social media community. Please visit our website and join our Telegram to keep up to date with the latest developments.

Celo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users.

By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency.

The network also allows for the creation of smart contracts and decentralized applications (DApps) as part of decentralized finance (DeFi). Its mainnet was launched in April 2020.

The platform has two native tokens. CELO is a proof-of-stake (PoS) token used for transaction fees, governance participation and related activities. In future, the platform aims to host various stablecoins, with three, the Celo Dollar (CUSD), the Celo Euro (CEUR) and the Celo Brazilian Real (CREAL) already in use.

Who Are the Founders of Celo?

Celo was originally founded by a team comprised of people from MIT, Stanford, Google, Square, Circle, Visa, GoDaddy, World Bank, Federal Reserve Bank, Harvard University, University of Pennsylvania Law School, Cambridge University, U.S. Department of Justice, Bank Of America, Capital One, Twitter, Give Directly, and the Gates Foundation

Separate entities are aimed at Celo’s promotion and preservation. The dedicated Celo Foundation is a non-profit which launched along with the mainnet, while the Celo Alliance for Prosperity is what the company describes as an “ecosystem of mission-aligned organizations.”

What Makes Celo Unique?

Celo’s main unique selling point lies in its focus on smartphone users. The company argues that the number of smartphone owners is increasing exponentially, but the number of people using cryptocurrency is rising at a much slower pace.

Cryptocurrency is further highly suited to regions in which a large section of the population does not have access to the banking sector, but still has a smartphone.

Bridging the gap between the two technologies is what Celo aims to do, along with harnessing the benefits of DeFi by supporting the creation of DApps and smart contracts.

Optimized for mobile, the Celo blockchain automatically calculates transaction fees, and also allows users to pay the gas fees which power transactions in any currency.

Related Pages:

Read more about Facebook Libra here.

Crypto newbie? Find out everything you need to know on Alexandria, CoinMarketCap’s dedicated education resource.

Click here to check out CoinMarketCap’s blog.

How Many Celo (CELO) Coins Are There in Circulation?

CELO and CUSD perform complementary functions within the Celo platform.

CELO has a capped supply of 1 billion (1,000,000,000) tokens, of which 600 million were available when the mainnet launched in April 2020.

The last 40% of the supply will be released gradually via fees and rewards, and various vesting schedules are in place depending on how initial investors received their tokens.

In addition, up to 120 million CELO will go towards a reserve designed to maintain the validity and price stability of CUSD. As a stablecoin, CUSD is envisioned as a convenient payment method for Celo users who will not have to worry about their holdings fluctuating in value.

How Is the Celo Network Secured?

Celo uses proof-of-stake to maintain security, and has a complex election process to determine validators of its blockchain.

Holders of CELO are able to use their holdings as a means of participating in elections by voting for groups of validators.