Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money
Summary
Developers behind Celo blockchain are evaluating layer-2 network proposals from big players like Optimism, Polygon, zkSync, and Arbitrum. The focus is on non-technical dimensions, including economic terms and incentive programs. Revenue sharing terms are crucial for new layer-2 networks. Celo's evaluation process is ongoing, with no specific timeline for a final recommendation. The pursuit of Celo by Ethereum layer-2 networks has significant marketing significance. The teams are working hard to land Celo, providing test networks, technical assistance, and access to top executives.
