Matrix Partners works with visionary founders of early-stage startups to amplify their potential. Their general partners blend deep experience with personal commitment to support founders from start to success. Recent Matrix investments include Oculus VR, Zendesk, Hubspot, Acacia Communications, Polyvore, Lever, Poynt, and Namely.

Celer Network (CELR) is a cryptocurrency and operates on the Ethereum platform. Celer Network has a current supply of 10,000,000,000 with 6,521,854,190.398 in circulation. The last known price of Celer Network is 0.04342961 USD and is down -2.42 over the last 24 hours. It is currently trading on 78 active market(s) with $62,722,340.92 traded over the last 24 hours. More information can be found at https://www.celer.network/#.

Celer Network

<p>Through the above article, we can see that Celer Network is a project with many large and prestigious investors and strategic partners, the project was born with the mission to solve one of the most important problems of the company. Blockchain technology that is scalable. However, Celer Network is not the only off-chain scaling solution where you can learn more about Layer 2 solutions.</p>

Verdict

<div>
 <div>
  <div class="sc-2qtjgt-0 eApVPN">
   <div>
    <h2 id="what-is-celer-network-celr">
     What Is Celer Network (CELR)?
    </h2>
    <p>
     As exciting as blockchain is, it can leave much to be desired with transaction speeds and throughput. The Celer Network (
     <a href="#">
      CELR
     </a>
     ) is a smartly designed layer-2
     <a href="#">
      scaling solution
     </a>
     that provides off-chain transactions handling. The Celer platform offers fast, simple, and secure off-chain transactions for both payments and
     <a href="#">
      smart contracts
     </a>
     . The project was among the first to be developed using the Substrate framework and is part of the
     <a href="#">
      Polkadot
     </a>
     ecosystem. As to the overall goal of the network, its founders envisioned unleashing the full potential of blockchain and revolutionizing
     <a href="#">
      Dapps
     </a>
     with more efficient and productive outputs.
    </p>
    <p>
     To learn more about this project, check out our deep dive of
     <a href="#">
      Celer Network
     </a>
     .
    </p>
    <h3 id="the-celer-network-architecture">
     The Celer Network Architecture
    </h3>
    <p>
     The Celer Network architecture (cStack) is built on four elements:
    </p>
    <p>
     1) cOS: The core of the network that provides the workflow.
    </p>
    <p>
     2) cRoute: A mechanism that allows an increased operations capacity by streamlining routes within the network.
    </p>
    <p>
     3) cChannel: Channels for transmitting transactions within the network.
    </p>
    <p>
     4) cApps: An ecosystem application layer used for scaling and user privacy.
    </p>
    <p>
     The platform uses a Proof-of-Stake (
     <a href="#">
      PoS
     </a>
     ) consensus variation called Delegated Proof of Stake (
     <a href="#">
      DPoS
     </a>
     ). With this algorithm, participants may stake their coins for a reward while transferring the responsibility of validating transactions to "delegates."
    </p>
    <p>
     CELR holders will provide tokens for liquidity and will receive a reward for doing so. The key point of Celer is that the platform allows layer-2 scaling for any blockchain. Thus, the project covers a wide spectrum of the market, multiplies the liquidity potential, and increases the product's reliability, coverage, and adaptation.
    </p>
    <h3 id="who-created-the-celer-network">
     Who Created The Celer Network?
    </h3>
    <p>
     Celer Network was founded in 2018 by a strong team of engineers with incredibly technical and specialized experience. All four co-founders of Celer hold PhDs in Computer Science from universities like MIT and UC Berkely, and all have a work history with high-profile tech companies.
    </p>
    <ul>
     <li>
      Dr. Mo Dong is a bonified expert in the application of algorithmic game theory and protocol development. He also teaches comprehensive courses on smart contracts. He previously worked as a development engineer and product manager at Veriflow.
     </li>
     <li>
      Dr. Junda Liu graduated from UC Berkeley and worked with Google in 2011 to create the infrastructure for their data center. In 2014, he became one of the founders of the Project Fi mobile service. After that, he took the position of technical manager at Android Tech.
     </li>
     <li>
      Dr. Xiaozhou Li received his education at Princeton. Li interned at Microsoft before working at Barefoot Networks as a software engineer. Today, his published and widely-read academic works span distributed systems, networks, storage, and data management.
     </li>
     <li>
      Dr. Qingkai Liang holds a degree from MIT. He has worked for the MIT Laboratory for Information and Decision Systems (LIDS), Bell Labs, and Google as a software engineering intern. His research focuses on learning and controlling problems in networked systems, namely online learning algorithms in adversarial networks.
     </li>
    </ul>
    <h3 id="what-makes-celer-network-celr-unique">
     What Makes Celer Network (CELR) Unique?
    </h3>
    <p>
     Celer is a networked system and not a separate blockchain. The platform instead runs on top of existing and future blockchains. The developers focused on scalability in order to improve the throughput of crypto blockchains. The founders are confident that in-house solutions will not bring results to future decentralized blockchains (globally). Instead, they propose to solve the problem with their off-chain platform.
    </p>
    <p>
     The four levels of the cStack architecture are evenly partitioned to provide several unique benefits. The advantages include: reduced transaction delays; decreased commission for micropayments; zero commission in working off-chain smart contracts; horizontal scaling in joining new nodes; availability of an off-chain model of cryptoeconomics; an optimal routing algorithm for transactions; and support for various blockchains.
    </p>
    <p>
     The cEconomy is a unique cryptoeconomic model that is responsible for maintaining stable liquidity and availability for the ecosystem while creating a network effect. The mining algorithm doesn’t require the use of
     <a href="#">
      Proof-of-Work
     </a>
     (PoW). Users only need to install the software and keep CELR in their accounts to receive income as a reward for providing liquidity.
    </p>
    <h4 id="related-pages">
     Related Pages:
    </h4>
    <p>
     Read about
     <a href="#">
      Binance Coin (BNB)
     </a>
     and
     <a href="#">
      Polkadot (DOT)
     </a>
     .
    </p>
    <p>
     Read more about
     <a href="#">
      smart contracts.
     </a>
    </p>
    <p>
     What are ERC-20 tokens? Learn more with
     <a href="#">
      CMC Alexandria
     </a>
     .
    </p>
    <p>
     <a href="#">
      Check out
     </a>
     product updates, announcements, and crypto news from CoinMarketCap.
    </p>
    <h2 id="how-many-celr-are-in-circulation">
     How Many CELR Are In Circulation?
    </h2>
    <p>
     CELR has a maximum supply of 10 billion tokens, which is distributed as follows: 25% - PoLC mining reward and Off-chain ecosystem building; 20% - Team (18.3%) and Advisors (1.7%); 17% - Foundation; 5% - Marketing &amp; Ecosystem; 33% - Sale.
    </p>
    <p>
     CELR is an
     <a href="#">
      ERC-20
     </a>
     standard token built upon the
     <a href="#">
      Ethereum
     </a>
     <span style="text-decoration:underline;:">
      blockchain
     </span>
     . It’s used to manage the network economy - cEconomy and has several uses:
    </p>
    <ul>
     <li>
      Paying commission fees for service and transactions to off-chain providers and covering additional costs.
     </li>
     <li>
      Staking CELR in State Guardian Network (SGN) and acquiring the status of State Guardian. State Guardians have access to status monitoring, respond to disputes, and provide security and network efficiency.
     </li>
     <li>
      CELR tokens maintain a large pool of liquidity in a Proof of Liquidity Commitment (PoLC) process.
     </li>
     <li>
      CELR tokens can be useful in a Liquidity Backing Auction (LiBA) to increase the priority of applications for liquidity support and, as a consequence, increase the payment of interest on liquidity.
     </li>
    </ul>
    <h3 id="how-is-the-celer-network-secured">
     How Is the Celer Network Secured?
    </h3>
    <p>
     The SGN (State Guardian Network) is a decentralized L2 service infrastructure that keeps the Celer L2 platform running smoothly. It securely stores the user state on the Celer State Channel Network and responds to L1 calculations when users are offline. Moreover, the technology allows users to protect their savings before going offline. It also acts as a decentralized block producer level for the Celer Rollup, thus maintaining a high level of viability and providing an additio

description

<div class="MuiBox-root jss13934">
<div class="jss13954">
<div class="MuiBox-root jss14000">
<div class="MuiBox-root jss14001 jss13937">
<h2>What is Celer Network (CELR)?</h2>
<p>Celer Network is a project "derived" from Binance Launchpad following the success of BitTorrent and Fetch.ai. The project was created to increase Layer 2 scalability. As a result, off-chain (offline) transactions will be made faster, easier and more secure.</p>
<p>In other words, Celer Network acts as a platform that provides off-chain scaling solutions for different Public Blockchains. Celer Network allows users to build dApps in a simple, time-saving way and without worrying about scalability.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/05/word-image-370.jpeg" alt="celer-network-celr-la-gi" width="593" height="349" /></p>
<h2>How Celer Network works</h2>
<p>In essence, Celer Network is currently developing an off-chain scaling solution. Celer aims to increase the scalability of the Blockchains operating on its platform.</p>
<p>In theory, off-chain scaling (Layer 2) is an optimal solution. This solution helps to process smaller transactions off-Blockchain.</p>
<p>These transactions are then &ldquo;bundled&rdquo; into a single on-chain transaction. In this way, Celer can limit the transaction congestion that occurs frequently on the main-chain. At the same time, the solution also helps to increase the operating capacity of the whole system.</p>
<p>Cstack is the name of the Celer network architecture. This architecture consists of 3 core layers:</p>
<ul>
<li>cRoute: This layer uses DBR (Distributed Balanced Routing) to distribute payment traffic in a decentralized and trust-free manner.</li>
<li>cRoute can reach 15 times more throughput than Raiden or Lightning Network.</li>
<li>cOS: This is an off-chain dApp development framework. cOS is capable of handling offline operations, storage, tracking, etc.</li>
<li>cChannel: This is a set of sidechains used to provide liquidity and speed up the payment process. In addition, this layer is also a "catalyst" that helps game applications, exchanges, insurance platforms and high-throughput applications to work on Celer.</li>
</ul>
<h2>Highlights of Celer Network (CELR)</h2>
<ul>
<li>Zero-fee off-chain Smart Contracts: Currently, Celer Network does not collect any money from offline Smart Contracts transactions.</li>
<li>Reduced latency and cost savings: With Celer Network, the latency of transactions has been reduced by 10,000 times. In addition, the cost of payments and direct transactions on Ethereum is also significantly reduced.</li>
<li>Smart Expansion: Celer has extremely smart scalability. As additional nodes join, the platform automatically scales horizontally. Not only that, Celer also provides routing algorithms, helping users to pay offline in an optimal way.</li>
<li>Blockchain Agnostic: Currently, Celer is supporting Ethereum, DFINITY and all EVM-compatible Blockchains.</li>
</ul>
</div>
</div>
</div>
</div>
<h2>Roadmap</h2>
<p>Updating...</p>
<p><strong><em>Read Full Article: <a href="https://coincu.com/currencies/celr-celer-network/stories/">Click here</a></em></strong></p>

All about

<h2>Team&nbsp;</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-06/celr-network-1-1624724116594.png" /></p>
<h2>Backers</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://file.publish.vn/coin98/2021-06/celr-network-8-1624724110631.PNG" /></p>

Team and Backers

<h2>Key Metrics Token</h2>
<ul>
<li>Token Name: Celer Network.</li>
<li>Ticker: CELR.</li>
<li>Blockchain: Ethereum.</li>
<li>Contracts: 0x4f9254c83eb525f9fcf346490bbb3ed28a81c667.</li>
<li>Token Type: Utility token.</li>
<li>Token Standard: ERC-20.</li>
<li>Total Supply: 10,000,000,000 CELR.</li>
<li>Circulating Supply: 7,09,000,000 CELR.</li>
</ul>
<h2>Token Allocation</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/05/word-image-500.png" alt="celer-network-celr-la-gi" width="580" height="301" /></p>
<ul>
<li>Mining Reward: 25%.</li>
<li>Team: 18.3%.</li>
<li>Foundations: 17%.</li>
<li>Private Round: 15.5%.</li>
<li>Seed Round: 11.5%.</li>
<li>Launchpad Sale: 6%.</li>
<li>Marketing &amp; Ecosystem: 5%.</li>
<li>Advisor: 1.7%.</li>
</ul>
<h2>Token Release Schedule</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptox100.com/wp-content/uploads/2022/05/word-image-501.png" alt="celer-network-celr-la-gi" width="571" height="245" /></p>
<h2>Token Use Case</h2>
<ul>
<li>Payment of fees for using services and transactions on the platform.</li>
<li>Used to participate in the virtual mining process to create liquidity.</li>
<li>As a reward for community members based on their active contributions.</li>
<li>Used to stake, support users to become State Guardian to protect and maintain the system's performance.</li>
</ul>

Technical Data

Hoo Token (HOO) is a cryptocurrency and operates on the Ethereum platform. Hoo Token has a current supply of 100,000,000 with 82,430,424.1 in circulation. The last known price of Hoo Token is 1.22000626 USD and is up 3.94 over the last 24 hours. It is currently trading on 2 active market(s) with $9,533,605.79 traded over the last 24 hours. More information can be found at https://hoo.com/.

Hoo Token

<p>Although Hoo exchange was just established at the end of 2019, thanks to the DeFi trend, Hoo exchange has gradually become a familiar name to traders and investors.</p>
<p>Backed up by the organization behind and big investors, I believe that Hoo exchange will explode even more with many DeFi projects listed and have huge pumps in the future. As long as the DeFi trend exists and Hoo exchange is still active.</p>

<h2>What is HOO Token?</h2>
<p style="padding-left: 40px;">HOO is a governance token of Hoo exchange. The token is built according to ERC-20 standards with an initial maximum supply of 1 Billion HOO. However, in February 2022, the exchange announced that it had burned 900 million unlinked HOOs. This reduced the maximum supply to 100 million.</p>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://pbs.twimg.com/media/EirIcO6WsAEAPSf?format=jpg&amp;name=4096x4096" alt="Hoo.com on Twitter: &quot;🥳Hoo will distribute 100 million HOO tokens for  HooPool Mining and Airdrop!!!🎉🎉 🌟Airdrop: 10,000,000 HOO 🌟No-loss PoS  mining: 10,000,000 HOO 🌟Hooswap Liquidity &amp; Trading: 80,000,000 HOO  😍Details: https://t.co/YDQilunVrY ..." width="805" height="452" /></p>
<h2>What is Hoo Exchange ?</h2>
<p style="padding-left: 40px;">Hoo or Hoo Exchange is a centralized digital asset exchange (CEX) belonging to the Hoo.com ecosystem. The exchange has the role of providing a safe and reliable cryptocurrency buying/selling, exchanging and management platform for users around the world. In addition, Hoo is also a place to provide other blockchain services such as HooPool, Hoo Mining, Hoo Custody, ..</p>
<p style="padding-left: 40px;">Initially, Hoo was known as a cryptocurrency wallet launched in 2017, then quickly developed into a reputable wallet in the field in just two years. In June 2019, the Hoo company announced that it had acquired Chaince and OAX, two start-up exchanges in China. Since then, Hoo Exchange has been upgraded to a blockchain asset service platform, while expanding its business into cryptocurrency exchanges such as wallets, custody and mining industry.</p>
<p style="padding-left: 40px;"><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cryptoitunes.com/photos/mercatox/hoo-review-1636816886.png" alt="Hoo 2022年回顾- 关于Hoo | Crypto iTunes" width="882" height="316" /></p>
<h2>Outstanding features of Hoo exchange&nbsp;</h2>
<h3>OTC Platform</h3>
<p style="padding-left: 40px;">With the OTC (Over The Counter) platform, investors can buy/sell, trade cryptocurrencies without any obstacles.</p>
<h3>Hoo Custody</h3>
<p style="padding-left: 40px;">Hoo Custody is a professional asset security management service for blockchain businesses, and establishes the best custody services in the industry such as: enterprise wallets, custodial assets, ..</p>
<h3>HooPool</h3>
<p style="padding-left: 40px;">HooPool allows users to earn profit by being a liquidity provider.</p>
<h3>HooSwap</h3>
<p style="padding-left: 40px;">HooSwap is a feature that helps users swap crypto assets like coins or tokens easily.</p>
<h3>Hoo Earn</h3>
<p style="padding-left: 40px;">HooEarn is a feature that provides various savings solutions where users can invest to earn passive income.</p>
<h3>Hoo Mining</h3>
<p style="padding-left: 40px;">This is a professional mining service for miners with the necessary tools for mining. In addition, this service also helps miners buy, sell, repair and maintain mining machines, ..</p>
<h3>Hoo Labs</h3>
<p style="padding-left: 40px;">The service provides traders with options to invest in crypto startups. Anyone can participate in investing in startups when they first start the project.</p>
<h2>What are the strengths of Hoo Exchange?</h2>
<ul>
<li>There are many low-cap coins that can provide high ROI.</li>
<li>Several passive income options are available.</li>
<li>There is a rated mobile app that has a user-friendly and intuitive interface.</li>
<li>The support team is experienced in the blockchain field.</li>
</ul>
<h2>What are the limitations of Hoo Exchange?</h2>
<ul>
<li>The web interface is not optimized.</li>
<li>Missing registration license data.</li>
<li>Information about the founder and team is also incomplete.</li>
<li>Product information on the website is still limited.</li>
</ul>
<p><strong>Read Full Article: <a href="https://coincu.com/currencies/hoo-hoo-token/stories/">Click Here</a></strong></p>

<h2>Key Metrics Token HOO</h2>
<ul>
<li>Token Name: HOO Token</li>
<li>Ticker: HOO</li>
<li>Blockchain: Ethereum</li>
<li>Token Standard: ERC-20</li>
<li>Contract: 0xd241d7b5cb0ef9fc79d9e4eb9e21f5e209f52f7d</li>
<li>Total Supply: 100.000.000 HOO</li>
<li>Circulating Supply: 82.430.424 HOO</li>
</ul>
<h2>Token Use Case HOO</h2>
<ul>
<li>Coin Burn: 20% of the total fees on the platform will be used to redeem and burn tokens</li>
<li>VIP Privileges: HOO token holders will enjoy HOO VIP rights. The higher the VIP, the lower the transaction fee will be</li>
</ul>
<p>&nbsp;</p>

<h2>TEAM</h2>
<p>Farzam Kamalabadi - Global Executive Chairman.</p>
<p>Ruixi Wang - Chief Executive Officer</p>
<h2>BACKERS</h2>
<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1659600485038.image" width="1554" height="160" /></p>
<p>&nbsp;</p>

<div class="sc-16r8icm-0 kjciSH contentClosed hasShadow">
 <div>
  <div>
   <div class="sc-2qtjgt-0 eApVPN">
    <div>
     <p>
      Hoo Token is a decentralized blockchain digital pass based on Hoo Smart Chain (HSC) and Ethereum, and is also the platform pass of Hoo, abbreviated as HOO, with a total supply of 100 million pieces.
     </p>
     <p>
      Hoo has come out with a development path of DEX+CEX with Hoo characteristics. HOO is not only the only common asset of the whole platform ecology, but also the link to realize the capital flow and governance mechanism in the whole Hoo ecosystem. Holding HOO can enjoy many rights and interests such as participation in platform business, value-added services, exclusive activities and priority experiences. As a native pass of HSC chain, HOO is also a GAS tool for operation on HSC chain with wide application scenarios.
     </p>
    </div>
   </div>
  </div>
 </div>
</div>

<p>Providing the framework for optimistic on-chain digital derivatives. Capital efficiency, cross-margin between exchanges and market makers, in addition to instant settlement, enables DEUS to offer an unparalleled alternative to TradFi.</p>

<p>$DEUS commodifies utility via backing a fractional part of the native settlement stablecoin $DEI of DEUS&rsquo;s Decentralized FIX. Via third-party front-ends, users must use $DEI (either directly or indirectly via a third-party proxy) as the base layer unit of account to lock collateral in master agreements and trade derivatives on the DEUS finance layer. When $DEI is minted, $DEUS is burned, as the adoption of $DEI scales in parallel with the Decentralized FIX, deflationary forces will be put towards $DEUS.</p>

<h2>Team</h2>
<p>Updating...</p>
<h2>Partner</h2>
<p><img src="https://imagesofcmsprod.s3.ap-southeast-1.amazonaws.com/image1661871139030.image" /></p>

Team & Backer

<h2>What is DEI?</h2>
<p>DEI is an advanced algorithmic cross-chain fractional-reserve stablecoin, with one native bridge that will connect to all chains within the DEUS ecosystem.</p>
<h2>Outstanding features</h2>
<p>DEI&rsquo;s composition is free-flowing, comprising roughly 10% DEUS tokens and 90% of another trusted stable, depending on the chain in question. The collateral ratio of DEI is constantly monitored and adjusted via arbitrage bots.</p>
<p>DEI&rsquo;s mission is to bridge liquidity across all blockchains in a scalable and decentralized way. DEI will enable users to send a stablecoin to any chain and claim it on the other side with no slippage.</p>
<p>Read Full Article: <a href="https://coincu.com/currencies/dei-dei/stories/">CLICK HERE</a></p>

<div>
 <p>
 </p>
 <div>
  <div class="sc-2qtjgt-0 eApVPN">
   <div>
    <p>
     DEI is an advanced algorithmic cross-chain fractional-reserve stablecoin, with one native bridge that will connect to all chains within the DEUS ecosystem.
    </p>
    <p>
     DEI’s composition is free-flowing, comprising roughly 10% DEUS tokens and 90% of another trusted stable, depending on the chain in question. The collateral ratio of DEI is constantly monitored and adjusted via arbitrage bots.
    </p>
    <p>
     DEI’s mission is to bridge liquidity across all blockchains in a scalable and decentralized way. DEI will enable users to send a stablecoin to any chain and claim it on the other side with no slippage.
    </p>
   </div>
  </div>
 </div>
</div>

LATEST_NEWS

PRODUCTS

COMPANY

SUPPORT

SOCIALS

CRYPTO_NEWS

MARKET_NEWS