The latest collaboration between the Celo Foundation and Rarible marks a significant milestone in the NFT space, with the unveiling of Celosphere, a cutting-edge NFT marketplace geared towards art enthusiasts. In an exclusive blog post, the partnership details the vision behind Celosphere and its impact on creators worldwide.
Powered by RaribleX, Celosphere aims to empower creators by providing them with a mobile-first Ethereum Layer 2 blockchain network. This platform equips creators with the necessary tools to showcase and distribute their diverse collectibles globally. Celosphere’s launch builds upon Rarible’s commitment to supporting creators, following the integration of Rarible API on Celo. This integration enables dApp developers to harness Celo’s NFT technology, accessing robust toolkits such as multi-chain support and NFT indexer.
Celosphere serves as an NFT marketplace where creators can seamlessly trade, sell, and purchase digital collectibles. Leveraging Celo’s carbon-negative design and Ultragreen Money tokenomics, Celosphere allocates twenty percent of sub-cent gas charges to the Celo Creators Fund, dedicated to offsetting carbon emissions. This innovative approach ensures that every transaction on Celosphere and Celo contributes to climate action.
Moreover, the Celo Foundation introduces the Celo Creators Fund, aimed at incentivizing individuals, creators, and artists to develop impactful NFT collections. Early community partners of the Celo Creators Fund include Rug Radio, HUG, Boys Club, and Refraction, each offering 1,000 USDC grants to community members. Additionally, the fund will provide further support for custom-tailored aftercare projects focused on awareness and education.
The launch of Celosphere and the establishment of the Celo Creators Fund exemplify the Celo Foundation and Rarible’s commitment to fostering creativity, innovation, and sustainability within the NFT ecosystem. Through these initiatives, creators are empowered to realize their artistic visions while contributing to positive environmental and social change.