Valora is a P2P payment app that allows you to send money like a text message to anyone worldwide. Powered by the Celo blockchain platform, Valora is the only wallet that enables trustless mobile transactions, with an easy-to-use UX, at near-zero fees.
Swapping fees are ridiculous, I wanted to swap 6 cell coins from my stake celo.. not even 1 coin for swapping 6, not to mention it won’t let you Unstake my coins, the app won’t even let me delete it, says can’t delist number lol
Hi Everyone! Jackie here, Head of Marketing & Consumer Growth at cLabs and one of the makers of Valora.
We’re really excited to share Valora with you all today. And I'd like to highlight real life examples where Valora has helped people to define their own values. We believe it is a blockchain app for real people, and have a cool little video that features stories from all around the world:
We hope Valora provides a new way to share what you value, with who you value.
Please let us know if you have any questions & feedback!
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I have been testing the app for a few months now and I'm in awe with the user experience. Also, it masks efficiently the real magic going on: as a user I am in full control of my wallet, with no intermediaries in between my funds and transfers.
@motionlessness I completely agree. I remember Raiblocks (now Nano) in 2017 which is also a form of currency using proof of stake (so also very fast with low transaction fees) yet it was severely lacking in what Celo has in terms of usability with Velora and CeloWallet.app. I'm excited to see where this goes!
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@motionlessness does it come with direct deposit details to deposit funds ?
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My suggestion might seem quite simple, but would it be possible to indicate the countries supported please?
@drsmoke definitely! It's supported everywhere except Afghanistan, Algeria, Bangladesh, Bolivia, China, Congo, Cuba, Ecuador, Egypt, Iran, Iraq, Laos, Lebanon, Liberia, Libya, Morocco, Mozambique, Myanmar, Nepal, North Korea, Pakistan, South Korea, Sudan, Syria, Tanzania, Venezuela, Vietnam because of legal restrictions.
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Too bad, I'm from Congo 🇨🇬, it would have been a real boost for our community
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Is this a viable alternative to PayPal or Transferwise?
What would be the end-to-end result if I wanted to send $100 from me in the US to someone in the UK? $100 is worth £72.31, so if I add $100 to the app, send it to the UK, then they cash out into british pounds, will they have £72.30?
@nathandofrango Depending on the on and off-ramp providers, Valora would be a cheaper option compared to PayPal and TransferWise. We have a few providers already and more in the works!
It’s hard to say exactly what the amount would be since exchange rates constantly change and any cash-out to fiat may incur fees depending on the provider. We use https://currencylayer.com/ to calculate our exchange rates. But your general understanding of how Valora works is correct and that fees are as low as <0.01 cUSD.
Does Valora have functionality to connect and enable staking of Celo through the app? Considering this is a new layer 1 - (no compatibility with widely used wallet solutions Metamask etc) the lack of custody solutions for small amounts - there is a credible use case based on the mission of prosperity for all/financial inclusion.
@tom_prod We are currently running our Celo Rewards Program. This allows Valora users to earn CELO by holding a cUSD balance. Pay outs are monthly, but for the month of February we are doing weekly payouts! You can read more about it in our press announcement: https://medium.com/celoorg/earn-...
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I would like to see the staking, voting & delegating-feature within the valora app. I know these cool ways to take part in the celo-ecosystem already exist outside the app but are unreacheable with my technical knowledge.
I think, background music would enhance the userexpirience with valora!
@chromosome Thanks for the suggestions! More ways of participating in the ecosystem is definitely in our minds as we continue to add new features.
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This is an awesome app. I can't believe that the App allows you to send money anywhere in the world for $0.001 - using phone numbers and it's completely decentralized 🤯 And one can send money to a friend who has not yet signed up - all without a central third party! [Full disclosure: I do security at cLabs ]
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