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Oak Network Protocol Launches on Celo

· 3 min read
Oak Network Team
Oak Network Team
Core Development Team

We're excited to announce the official launch of the Oak Network protocol on the Celo blockchain! After months of development, testing, and security audits, we're ready to revolutionize decentralized crowdfunding infrastructure.

What is Oak Network?​

Oak Network is a decentralized crowdfunding infrastructure built on the Celo blockchain that serves as the foundation for all applications, crowdfunding-specific or not, to leverage the power of blockchain technology for fundraising with a transparent 1% fee that goes directly to the ecosystem.

Key Features Now Live​

🏗️ Infrastructure-First Approach​

Oak Network is designed as infrastructure, not just another platform. Any application can integrate our smart contracts to add crowdfunding capabilities without building from scratch.

💰 Transparent Fee Structure​

  • 1% Protocol Fee: Goes directly to the Oak Network ecosystem
  • Platform Fees: Configurable per platform integration
  • No Hidden Costs: All fees are transparent and on-chain

🔒 Security & Trust​

  • Audited Smart Contracts: Comprehensive security audits by leading firms
  • Open Source: Fully transparent and community-driven development
  • Zero Key Storage: We never store private keys, using Privy and Turnkey for security

🌍 Celo Blockchain Benefits​

  • Low Fees: Cost-effective transactions for all users
  • Fast Settlement: Quick campaign creation and fund distribution
  • Mobile-First: Optimized for mobile DeFi experiences
  • Carbon Negative: Environmentally conscious blockchain choice

Smart Contracts Deployed​

Our core smart contracts are now live on Celo:

  • CampaignInfoFactory: Creates and manages campaign instances
  • CampaignInfo: Stores campaign metadata and configuration
  • GlobalParams: Manages protocol-wide parameters and fees
  • TreasuryFactory: Deploys appropriate treasury contracts
  • AllOrNothing: "All or nothing" funding model implementation

Getting Started​

Ready to start building with Oak Network? Here's how:

For Developers​

  1. Read the Documentation: Start with our Create Your First Campaign guide
  2. Explore Smart Contracts: Check out our Contract Reference
  3. Create Your First Campaign: Follow our Campaign Creation Guide

For Platforms​

  1. Platform Integration: Learn how to integrate Oak Network into your platform
  2. Custom Solutions: Build tailored crowdfunding solutions
  3. Revenue Sharing: Earn from platform usage

What's Next?​

This is just the beginning! We have an exciting roadmap for 2026:

  • 🏪 Appstore: Extensible platform ecosystem for developers
  • ⚡ Catalyst: Centralized development experience with multi-language SDKs
  • 🔐 Signet: Blind key management platform

View our full roadmap →

Join the Community​

We're building the future of crowdfunding together. Join our community:

Thank You​

Thank you to everyone who has supported us on this journey. From our early supporters to our security auditors, from the Celo community to our development team - this launch wouldn't have been possible without you.

Ready to revolutionize crowdfunding? Let's build the future together! 🚀

For technical support, documentation, or questions, visit our documentation or reach out to our team on Discord.