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A layer-2 scaling platform that enables fast, easy and secure off-chain transactions
EXECUTIVE SUMMARY
Initial Circ. Supply 1,965,033,333 (~20% of Total Supply) anyone to quickly build, operate, and use highly scalable decentralized applications
TEAM OVERVIEW
through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics
Total Supply 10,000,000,000 CELR
TRADING DATA mechanism designs
Project Website https://www.celer.network/
The Celer team has launched CelerX, a testnet app that showcases the quick transaction
TECHNICAL OVERVIEW
process on the Celer Network
PRODUCT & METRICS KEY FEATURES & HIGHLIGHTS
Zero off-chain smart contract transaction fees Horizontally scalable as additional nodes join
COMMUNITY DATA
Already achieved 10,000X transaction latency reduction Provably optimal off-chain payment routing algorithm
COMPETITOR OVERVIEW
Accelerates both payment and smart contracts First off-chain crypto economics model to ensure safety and high liquidity
APPENDIX 100X fee reduction for micro-payment on Ethereum comparing to directly Blockchain agnostic (currently supports Ethereum, DFINITY and all EVM
WHAT IS CELR?
Celer Network is a layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized
MISSION
Celer's mission is to bring mass adoption for blockchain by providing a frictionless experience powered by the most advanced layer-2 scalability
technology.
VALUE PROPOSITION
Celer provides a two-sided value proposition to both developers and end-users of the network
For Users:
Instant Interaction: Backed by an advanced off-chain operating network, Celer upgrades the slow dApps on blockchain with a 10,000X faster,
interactive user experience. This allows users to engage with dApps for a variety of things such as executing instant payments, trading on
decentralized exchanges with no delay and playing games with millisecond latency.
Lots to Play: Celer is the gateway to a fun and interactive decentralized world, where users can find a variety of Celer-accelerated apps powering
everything from instant payments to interactive games and prediction markets. New apps are regularly being developed and added by the
community.
Spend Less and Earn More: With Celer’s off-chain payment capability, users can pay arbitrarily small payments to anyone with zero fee. This
translates to instantly higher earning for merchants using Celer Network. In addition, Celer enables advanced off-chain smart contract execution
capability.
For Developers:
Easy-to-Build: Celer SDK is available for all platforms: iOS, Android and Web. No need to learn new smart contract language for existing blockchain
platform. Minimal efforts to transform existing slow dApps to highly interactive dApps powered by Celer.
Drive Mass Adoption: Through greatly enhancing the user experience, Celer reduces user friction for blockchain applications, thereby accelerating
mass adoption of decentralized applications
Ease of Monetization: Popular application does not always mean easy monetization. However, on Celer, application developers can host a full node
to join decentralized Celer Network and easily harvest revenue through the application’s value flow.
TEAM OVERVIEW Current Circulating Supply 1,965,033,333 (~20%) determined on the day of the sale.
TRADING DATA
CELR Token Ecosystem For more details about token use cases, please refer to the following
The CELR token drives cEconomy, the off-chain cryptoeconomic
Celer resources: Whitepaper, CESC talk, Medium post, and Crypto
TECHNICAL OVERVIEW
incentive structure of Celer Network in the following ways: Economics videos.
PRODUCT & METRICS
CELR serves as an incentive for maintaining a stable and abundant
Token Governance & Use of Funds
COMMUNITY DATA liquidity pool in Proof of Liquidity Commitment process. As of 01 March 2019, Celer has used approximately 15% of TGE funds
CELR is used in Liquidity Backing Auction to increase the priority
according to the allocations below:
COMPETITOR OVERVIEW
of liquidity backing bids and therefore statistically increase the
70% Technology Development
APPENDIX liquidity interests payout.
15% Marketing
CELR is used in State Guardian Network as a membership staking
Read More Reports 10% Legal
token to protect state availability, provide connectivity oracle and
act as a dispute state transition computation engine. CELR token 5% Business Development and Misc
stakers receives service fee for the various services they provided Treasury & Strategy
for the network. Celer has prioritized progress on their development, and has thus spent a
CELR token can also be used to pay the service fee and majority of funds for hiring top technical talent.
transaction fee to off-chain service providers.
Tokens are stored in cold wallets with multi-sig support enabled.
Note: The disbursal of PoLC Mining Rewards is subject to change as the project works on incorporating takeaways from its testnet activities.
However, the 25% of total token supply set aside for mining rewards is not slated to change the length in years that the block rewards are spread over.
PRODUCT & METRICS By Q4 2018, some of the projects built on top of Celer included: an off-chain prediction market, a micro services with SLA guarantee, a better IDE UX for
developing on Celer Network, a financial derivative trading market with instant order matching, and interactive games on Celer.
COMMUNITY DATA
Updated Roadmap
COMPETITOR OVERVIEW
Q1 2019 Q2 2019 H2 2019:
APPENDIX
cChannel: enhanced generalized state cChannel: gradual Ethereum mainnet roll cChannel: full cross-chain interoperability
cRoute: production measurement and
channels with more use case support out and continued blockchain expansion
Read More Reports optimization
cRoute: initial implementation & testing and integration cEconomy: SGN and LiBA mainnet
cRoute: test and initial deployment launch
cOS: SDK public v2.0 release, focus on
cOS: SDK public v4.0 release to enhance
integrated flow of mobile and web cOS: SDK public v3.0 release UX for real-world use cases
cEconomy: PoLC and LiBA security audit, cEconomy: PoLC mainnet launch Community: continue to grow Celer-
enabled application ecosystem with
SGN testnet alpha launch Community: begin to onboard off-chain sustainable new app adoption funnel
Community: onboard third-party Apps service providers strategy
DFINITY: DFINITY is a public blockchain system whose protocols generate a reliable “virtual blockchain computer” running on top of a peer-to-peer
network upon which software can be installed and can operate in the tamperproof mode of smart contracts. Celer has implemented full smart
L4: L4 is helping build Counterfactual, an open-source framework for generalized state channels on ethereum. Celer is working with L4 to develop
common off-chain scaling standard for the Ethereum ecosystem.
Nervos Network: Nervos Network is a blockchain network and DApp platform built with a layered architecture. Celer is collaborating with Nervos to
refine the layered blockchain architecture with a close feedback loop and has identified several key cases of cross-layer optimization and interface
alignment.
Quarkchain: QuarkChain is a next-generation public blockchain system that leverages sharding as a horizontal scalability approach. Celer is piloting
a cross-shard off-chain transactions system in Quarkchain’s sharded blockchain architecture.
QTUM: With its unique account abstraction layer, QTUM successfully bridges Bitcoin’s UTXO model with Ethereum smart contract execution. Celer
is testing out Qtum’s new x86 virtual machine and comparing that with EVM and other VM architectures for off-chain scaling.
Atlas Protocol: Atlas Protocol (ATP) is an application layer protocol of tokenized marketing, aiming to define a new on-chain interactive ads
paradigm. Celer is partnering with Atlas Protocol to break the technical barriers of on-chain interactive advertising by using off-chain scaling
techniques.
DxChain: DxChain is the world’s first decentralized big data and machine learning network powered by a computing-centric blockchain. Celer will
develop and integrate off-chain scaling solutions on top of DxChain to further boost its scalability.
500 Startups: After sorting through 1700+ applications, Celer Network was selected to be one of the final 22 teams joining 500 Startups’ Batch 24
in San Francisco. Celer joined the 500S’ blockchain track with a focus on accelerating growth and aiming to contribute to the development of the
traditional bank payments. Celer is working on a design pattern that combines off-chain conditional state transition with an on-chain oracle
EXECUTIVE SUMMARY dependency. This collaboration introduces the capability to combine real-world information and layer-2 scalability.
WHAT IS CELR?
TECHNICAL OVERVIEW
Mo Dong Qingkai Liang Junda Liu Xiaozhou Li
PRODUCT & METRICS
Co-Founder Co-Founder Co-Founder Co-Founder
COMMUNITY DATA
Research and engineer Authored over 15 top-tier First to propose and develop Enjoys building high-
experience on networking papers and invented 5 DAG based routing to achieve performance and cost-efficient
COMPETITOR OVERVIEW
protocol design, distributed provably-optimal adversarial nanosecond network recovery systems. Works have been
systems, formal verification and resistant routing algorithms that (1000x improvement over state published at top venues in
APPENDIX Game Theory to scalability have been successfully applied of art). At Google, he developed distributed systems, networking,
challenges of blockchain in the industry (Raytheon BBN a dynamic datacenter topology storage, and data management,
systems. Work was published in Technologies and Bell Labs). capable of 1000 terabit/s and have become core
Read More Reports top conferences, won Internet2 Recipient of Best Paper bisection bandwidth and components of widely deployed
Innovative Application Award Nominee at IEEE MASCOTS interconnecting 1 + million systems including Barefoot
and is being adopted by major 2017 and Best-in-Session nodes. Holds 6 US patents and Deep Insight, Google
Internet content and service Presentation Award at IEEE published numerous papers in TensorFlow, and Intel DPDK.
providers. INFOCOM 2016 and 2018. top conferences.
Celer has 3 advisors - additional information on these advisors along with further detail on team backgrounds can be found in the Appendix.
TRADING DATA
Liquidity
Celer Token is not actively traded as of publish date of this report - the token will be available through the Binance Launchpad portal.
TECHNICAL OVERVIEW
Celer has a total of 8 public and 31 private repos. There is no repo that is cloned or forked from another repo.
Celer has only released a portion of their code publicly at this stage of development. The release procedure is done as a single code drop each release;
therefore, the number of contributors and the number of commits are all very small. Private repos metrics and overviews are the most informative in
learning about the Celer project.
GitHub Overview
Top Public GitHub Repositories
AndroidSDK
Celer native Android SDK
4 Contributors 79 Commits
EXECUTIVE SUMMARY
Celer-iOS-SDK
WHAT IS CELR?
Celer native iOS SDK
TOKEN SALE & ECONOMICS 1 Contributor 15 Commits
COMPETITOR OVERVIEW
Example game application built using Celer’s cChannel abstraction
1 Contributor 7 Commit
APPENDIX
began to enforce commit squashing (one pull request only counts as a single commit) after the first testnet release at the end of October. As expected, the
average commit number dropped after this date as reflected in the charts below and, therefore, does not represent reduced development activity.
goCeler
cChannel
AndroidApp
iOSApp
proto
Apps
5 Contributors 94 Commits
appService
COMMUNITY DATA
COMPETITOR OVERVIEW
APPENDIX
Celer Network released cWallet, a user-facing alpha on Android and iOS platforms in October 2018. In recent updates, cWallet has been rebranded to
CelerX. CelerX now allows users to send payment instantly without any transaction fee and also showcase Gomoku, an interactive turn-based board game
where users can compete with friends on the outcome of the game and win ETH in an entirely trust-free way. This game is a demonstration of Celer
Network’s power of off-chain smart contract.
CelerX Landing View CelerX Off-Chain Payment Feature CelerX Gomoku Game and Off-Chain Payment Feature
EXECUTIVE SUMMARY
WHAT IS CELR?
TEAM OVERVIEW
TRADING DATA
TECHNICAL OVERVIEW
COMMUNITY DATA
COMPETITOR OVERVIEW
APPENDIX
Network Data
With no monetary incentive for people to stay on the testnet, CelerX has reached 3 ,300 Monthly Active User (MAU). The highest Daily Active User (DAU)
,
recorded is 396. In total, there are 28 924 Gomoku games played monthly with 9 games played per user, on average. The off-chain transactions were
carried out with millisecond-level latency, which encouraged an 21% 7-day user retention rate in the app.
On the current testnet, Celer achieved 20ms blockchain transaction confirmation latency. As of now, the project is running the testnet so there is no fee
involved. However, when Celer switches to mainnet, the transaction fee on Celer is going to be completely free for most of the blockchain transactions (off-
chain smart contract). On the Centauri testnet, Celer has processed ~1.1 million off-chain transactions.
In the first stage, Celer is focused on general market education and developer community building. The community’s organic growth has been cultivated
TOKEN SALE & ECONOMICS
through long-term general education materials posted in Medium, Reddit and many other channels.
ROADMAP & UPDATES
Celer has spent the majority of their efforts thus far in cultivating a strong developer community. To lower the barriers to entry for developers, the Celer
TEAM OVERVIEW team released a full-stack 12-lesson course to teach Ethereum Solidity dApp development. Registering over 2,000 students, the team also leveraged
access to the students of this course to begin growing its awareness within the developer community. The project has also recently released courses for
TRADING DATA
Celer SDK. With the existing knowledge of the previous course, developers only need to spend another 60 mins and can start to immediately develop
TECHNICAL OVERVIEW
based on Celer Network SDK.
COMMUNITY DATA and development. The purpose of this call is to have a communication channel between multiple teams so they can discuss and arrive at a community
standard on the API surface. The project believes community standards are super important for developer adoption as they significantly lower the risk of
COMPETITOR OVERVIEW
“wasted work” for early adopters. The project also believes it is important to collaborate in this phase among seemingly competing teams in order to first
APPENDIX create a viable market. The researcher call is also a place to discuss the most cutting-edge advancement of off-chain scaling research and a lot of
innovative ideas are exchanged during the calls.
Read More Reports
Thirdly, the project was invited to several top tier developer-oriented conferences, workshops and hackathons. Celer has also been hosting high-quality
developer meetups and gatherings globally. As an example, the project was invited as a speaker at CESC, ETHIS, Off-the-chain Master Workshop and many
more high-profile conferences. In Prague, the project hosted a layer-2 meetup which gathered all the teams in the world working on layer-2 scaling into
one room to discuss the important issues of layer-2 scaling and challenges ahead. The project was selected from 1000+ submissions to give a talk on
Ethereum Devcon 4 about Celer Network, and was invited as judge for the ETHSF Hackathon, ETHSingapore Hackathon and ETHDenver Hackathon in
February 2019. For more details, please see the annual Celer report here.
Medium | 60 Articles
COMPETITOR OVERVIEW
Key Comparables
Liquidity Trinity
Celer Network Lightning Network Raiden Loom Network
Network Network
Payment Side-chain with Payment
Generalized State Channel Network Side Side chain with
Underlying technology Payment Channel Network Channel plasma Channel
chain with plasma semantic DPoS semantic
Network semantic Network
SDK licensing
Payment for Payment for Payment for
Payment for
Token functionality See CELR Token Ecosystem No token extra services extra
extra services
services DPoS Staking for services
DAppchain
cRoute: Provably optimal performance, 20X Onion routing with shortest Shortest- Not applicable to
Channel routing algorithm Not available Not available
higher performance than shortest path path on the overlay network path routing Side chain
Trust-free off-chain smart No, only with DPoS
Yes No No No Not
contract support support
NEO,
Multi-blockchain support Ethereum, DFINITY Bitcoin Ethereum Ethereum Ethereum
Ethereum
Transaction Finality
Low Low Low High High Low
Latency
Liquidity Backing Auction + Proof of Not applicable to
Liquditiy Shortage Solution Not available Not available Not available Not available
Liquidity Commitment DPoS
Layer-2 state security Not applicable to
State Guardian Network Not available Not available Not available Not available
solution* DPoS
Mobile wallet support iOS and Android iOS and Android Not Available Not available Android and iOS Android
Note: There are other third-party solutions for state monitoring or "watch tower" solutions available for lightning network. However, they have significant
disadvantages of centralization, high liquidity cost, hetereogenous interface for different states and assets, complex on-chain/off-chain interaction and
finally a very rigid insurance model. Celer Network's State Guardian Network is the only solution to above issues. More details can be found in this talk.
APPENDIX
ROADMAP & UPDATES
Additional Resources
TEAM OVERVIEW
Celer Whitepaper
COMMUNITY DATA
Videos
COMPETITOR OVERVIEW Celer YouTube Channel
APPENDIX
User Interviews
Read More Reports Devcon4 Scalability Keynote: Build and Operate Internet-Scale Ethereum dApps on Celer Network
Raja has 21 years of C/C++ experience, 9 years of Python, 3 years of Go, and assembly code optimization
experience along the way. He has a long history of working experience from HP from 1995- 2000, Cisco from
2000 to 2003, Amazon from 2003 to 2007, SurveyMonkey from 2007 to 2011, Google from 2011 to 2017,
Raja Daoud Veriflow from 2017 to 2018. He primarily focus on high performance distributed system design and
implementation. He co-designed and co-implemented the peer-to-peer sync protocol and infrastructure for
different Vanadium Store models: Graph DB, Hierarchical DB, and Structured Key/Value pairs with nested data
subsets, batch operations, blob references, fine-grained ACLs, p2p rendezvous of syncgroups.
Rancho Wang received his Master's degree from Nanjing University. He has 6 years of Android app
development experience. He worked as the Android dev lead for Nanjing Bank and Jiangsu Bank. He then
worked as senior developer for Mogujie, a top e-commerce company in China, where he got 2 patents on a
Zixuan Wang highly optimized Android Crash Protection System to maintain the crash rate of the app below 0.04% while the
DAU was reaching 2 million. He has solid experience in app development, security safeguard and performance
optimization on mobile devices. He is an early explorer and evangelist of blockchain technology with in-depth
knowledge of smart contracts.
Yan Zhang received his Masters from CentraleSupélec, France. As one of the earliest and major contributors in
Yan Zhang mobile technology, he developed dozens of innovative and popular mobile products, and led an engineering
team that created the world’s largest scalable mobile AR UGC platform.
Yunjia received his Master's degree from Columbia University. He joined Google display ads in 2014 to develop
and evolve ad serving infrastructure for various products including AdSense, DoubleClick for Publisher and
Yunjia Dai
DoubleClick Bid Manager. He was the tech lead for display ad serving-reporting API and infrastructure which
handle millions of events per second.
Jinyao received his Masters from Boston University. He was a mobile engineer for a social networking company.
Jinyao Li He used to lead team to build both Android and iOS application for company. He had plenty of experience on
user interaction and view animation development.
Xuefeng Zhu received computer science bachelor degree from University of Illinois at Urbana-Champaign with
highest honor, and received John R. Pasta Outstanding Undergraduate Award. During his undergraduate, he
worked with Mo Dong and Professor Brighten Godfrey on non-regret learning network protocol research. After
graduated, he joined the network formal verification startup Veriflow founded by Professor Brighten and helped
Xuefeng Zhu develop web service and web client. His work at Veriflow helped the client network visualization and
management scaled up to large network containing thousands of network device. Later he joined Champaign
Yahoo and worked on internal tools related to user KPI analysis. He also helped develop and release a open
source data analysis report UI framework. In 2017, he worked with Mo Dong to develop a full-stack smart
contract courses to Chinese developer community and achieved huge success.
Michael Zhou received his Master’s from MIT. His research focused on programming models targeting massively
Michael
parallel data flow architecture. At Google, he worked on compilers, static analyzers, virtual machines and
parallel data flow architecture. At Google, he worked on compilers, static analyzers, virtual machines and
Zhou
development framework that support products serving billions of users.
EXECUTIVE SUMMARY Changfeng Liu received CS Master degree from University of Michigan. He was a research assistant at UMich,
UIUC and SJTU working on databases and data mining, and published several papers in top conferences of AI
WHAT IS CELR? and data management fields. The algorithms designed by him have been adopted in Zenvisage, a data
Changfeng
visualization exploration system developed at UIUC, and Acemap, an academic searching system developed at
Liu
TOKEN SALE & ECONOMICS SJTU. He is also a blockchain enthusiast and an experienced developer in smart contract, and served as a
teaching assistant in multiple online blockchain courses. He received National Scholarship twice during
ROADMAP & UPDATES undergrad and graduated from Shanghai Jiao Tong University with honor. He filed three China patents.
TEAM OVERVIEW
Alex graduated from School of Visual Arts with a Master’s in design for Social Innovation because he believes
TRADING DATA
our purpose is to create value for others. His training to work at a system level, using design thinking to facilitate
Alex Wu conversation for understanding the context to solve problems has made him a thoughtful designer. Prior to
TECHNICAL OVERVIEW
joining Celer Network, he had experience working at Cornell Tech, SAP, and served as design advisor at multiple
PRODUCT & METRICS
startups.
COMMUNITY DATA
Tai-hung Lu received his Master of Design degree at DAAP of University of Cincinnati. After graduated, he joined
COMPETITOR OVERVIEW Taihung Lu
SAP as a UX designer for designing and building internal applications.
APPENDIX
Sirong Li received her Master's degree in Business Analytics from University of Rochester. She has extensive
Read More Reports work experience in market research, advertising, and consumer goods. Sirong is specialized in developing novel
market strategies and making agile data-driven business decisions. At a Fortune 500 company TJX, Sirong
facilitated organizational transition of the whole department with thousands of employees. At the world-leading
Sirong Li
marketing firm Ogilvy & Mather, Sirong delivered a series of marketing campaign for a Fortune 500 client and
boosted sales significantly. Sirong is also an experienced project manager. She used to lead a team to help the
client company to generate brand awareness and increase sales rapidly with various big data and machine
learning techniques.
Windy (Pengying) Wang graduated from Boston University with the dual degree in International Relations and
International Management. As the Vice President of MIT-CHIEF, she has led around 50 US-based startups back
Pengying
to China for the roadshow and connected with venture parks. Her business development and marketing
Wang
experience at MassChallenge and China-US Boston Innovation Center urged her to actively take initiatives in the
entrepreneurial ecosystems.
Medium Articles
The project team recently posted a series of layer-2 crypto economics by Celer Network videos. In the series, they address some of the critical challenges
faced by layer-2 scaling solutions, and how Celer Network's products, such as state guardian network, liquidity backing auction and proof of liquidity
Advisors
Dr. Christos Kozyrakis | Professor of Electrical Engineering and Computer Science at Stanford University, a fellow of the ACM and the IEEE. He is broadly
interested in secure and energy-efficient distributed systems.
Dr. Alan Mishchenko | Research Scientist at UC Berkeley since 2002. He specializes in building fast and scalable tools for design automation, and
developing computationally efficient methods for logic synthesis and formal verification.
Dr. Shoucheng Zhang (late) | Professor of Physics at Stanford University, a fellow of the American Academy of Arts and Sciences and the US National
Academy of Science. He founded Danhua Capital in 2013 and served as the Chairman.
Conferences:
June 10–12, 2018: CPC Crypto DevCon at Computer History Museum: Mo Dong shared how scalability would transform blockchain technology at the
“Scalability” panel.
June 26, 2018: Blockchain Connect Conference at Silicon Valley. Mo Dong discussed “Off-chain Scaling Platform: the Inflection Point for Blockchain
Mass Adoption”.
June 30, 2018: Off The Chain at Berlin, Germany: This event specifically targets those interested in state channels as a scaling solution for
cryptocurrencies. Celer was invited to one of the most high-profile research workshops with some of the best researchers in off-chain research field.
Xiaozhou Li presented “Rethinking Off-Chain Payment Network Routing” at this master workshop.
July 25, 2018: Co-founder Dr. Qingkai Liang gave a special seminar at the MIT on July 25th. The seminar talked about the technical innovation of Celer
Network, including off-chain payment network routing and how scalability would transform blockchain technology.
August 17–19, 2018: Crypto 2018. Mo Dong joined the Crypto 2018 at Santa Barbara. Guests including Vitalik Buterin (Ethereum), Zooko Wilcox (Zcash),
Mic Bowman (Intel), and Dawn Song (UC Berkeley), etc. The main discussion was about blockchain development and the future of dApps.
August 28, 2018: Mars Blockchain Summit — Mars Finance. Mo Dong shared his view on future blockchain and how Celer can help blockchain scale at
one of the panels.
September 5, 2018: P.O.D - 36Kr: co-founder Xiaozhou Li was invited to P.O.D Meeting in Beijing organized by Odaily and 36Kr. Xiaozhou gave a
keynote speech on building and operating internet-scale dApps on Celer Network as well as joined the panel to discuss the roadmap of blockchain
technology For a summary of the talk in Chinese please click here
technology.For a summary of the talk in Chinese, please click here
September 8, 2018: At Ethereum Industry Summit, Xiaozhou Li was invited to Ethereum Industry Summit in Hong Kong. At this summit, Xiaozhou gave a
keynote speech on building and operating internet-scale dApps on Celer Network.
October 5–7, 2018: At ETH San Francisco hackathon, Celer invited all developers to join them to learn how to build highly scalable and responsive
EXECUTIVE SUMMARY
dApps with Celer mobile and Go SDK. Celer team served as one of the judges and mentors in the largest Ethereum hackathon. Projects building on top
WHAT IS CELR?
of Celer: off-chain prediction market, micro services with SLA guarantee, IDE UX for developing on Celer Network, and financial derivative trading
TOKEN SALE & ECONOMICS market with instant order matching,. Hackathon link | Devpost Submissions
October 8–9, 2018: At San Francisco Blockchain Week, Celer hosted a 1.5hr-workshop during the conference, whic taught developers how to build
ROADMAP & UPDATES
highly scalable and responsive dApps with Celer mobile and Go SDK.
TEAM OVERVIEW October 10, 2018: 500 blockchain-state of scaling-progress & challenges panel discussion: Mo Dong joined the panel discussion and talked about the
latest developments & breakthroughs across scaling solutions; current scaling challenges projects are working on; key milestones for the next 6–12
TRADING DATA
months; and how new developers, founders, industry experts can get involved.
TECHNICAL OVERVIEW
October 10–11, 2018: Crypto Economics Security Conference, CESC 2018. Mo Dong presented how to use Celer to solve liquidity shortage and state
PRODUCT & METRICS availability challenge in off-chain scaling platform to the crowd.
October 30-November 2, 2018: Ethereum Devcon 4. Celer participated in devcon in Prague. Over 2,500 developers around the world attended
COMMUNITY DATA
Devcon4.
COMPETITOR OVERVIEW Nov. 1, 2018: at the Devcon4, Mo presented on how to build and operate internet-scale Ethereum dApps on Celer Network to hundreds of developers.
November 2, 2018: iExec Summit event. Mo Dong was invited to join this blockchain and technology themed workshops, talks and discussions. At this
APPENDIX
event, Mo shared his insight on the future of scalability and how to build blockchain infrastructure.
Read More Reports November 29-30, 2018: BUIDL Seoul 2018: Cofounder Qingkai Liang joined the panel on “Solving the Trilemma with Novel Ideas”. Celer also hosted a
December 9-11, 2018, World Digital Assets Summit and Hacker Arena. Full Hackathon post here
February 15-17, 2019, ETHDenver Hackathon Hackathon post (sample projects included)
Meetups
August 7, 2018, San Francisco: SF Ethereum Developers Meetup
October 8, 2018, San Francisco, The Future of Layer-2
October 12, 2018, San Francisco: Celer SDK Private launch party
October 20, 2018, Beijing: Next Generation Blockchain
October 29, 2018, Prague: The Future of Layer-2
November 5, 2018, Berlin: Technology and Crypto-economics for Blockchain Layer-2 Scalability
November 7, 2018, Paris: Technology and Crypto-economics for Blockchain Layer-2 Scalability
November 8, 2018, Amsterdam: Technology and Crypto-economics for Blockchain Layer-2 Scalability
November 10, 2018, Shenzhen: Building and operating internet-scale dApps on Celer Network
November 11, 2018, Beijing: Building and operating internet-scale dApps on Celer Network
November 13, 2018, Shanghai: Building and operating internet-scale dApps on Celer Network
November 14, 2018, Hangzhou: Building and operating internet-scale dApps on Celer Network
November 16, 2018, San Francisco: Lay the foundation to mass adoption dApps
November 17, 2018, Beijing: Building and operating internet-scale dApps on Celer Network
Developer testimonials:
TRADING DATA
Miran:
TECHNICAL OVERVIEW
“I played the Gomoku game all night. Generally, the Ethereum takes me about two-minute for a small transaction, but for your game, the moment I
PRODUCT & METRICS deployed, the transactions are there!”
COMMUNITY DATA
APPENDIX “CelerX dApps does feel like a regular app. The experience is pretty awesome, that I’ve been able to play decentralized games on the state
channel level.”
Souradeep:
“CelerX helps speed up dApps and reduces the transaction costs. Users will be more acceptable to the blockchain.”
Xavier:
“CelerX is very fast to make the transactions and very simple to use.”
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