Morgan Beller, Libra Co-creator joins Cello Gold as adviser
Celo Gold focuses on strategic development to drive coin adoption
Celo Gold aims to become a store of value
Strategy becomes the focus for Celo Gold
Celo Gold recently announced it's latest team member Morgan Beller who commenced her role within the cryptoshphere as the co-creator of Libra which is now trading as Diem.
Morgan's position within Celo will be to provide advice and strategic planning which will support Celo's market position and help drive adoption.
When asked of her opinion of Celo Gold Morgan referred Celo as being the Venmo of cryptocurrancy. Venmo is a PayPal payment service which allows US residents to transfer US dollars to each other.
As Celo allows users to transfer cryptocurrancy between each other with nothing other than a mobile phone it is similar. Except Morgan sees Celo as a store of wealth as users also receive a savings account to store celo dollars.
With rumours a Euro pegged stable coin is ready for launch we wait in anticipation of what Celo is setting up to achieve. In a market dominated by Tether and Dai being pegged to the US Dollar, a Euro pegged coin will no doubtfully provide additional adoption opportunities.