Celer Network is a comprehensive layer-2 scaling platform that aims to enable fast, easy, and secure off-chain transactions for payments and generalized off-chain smart contracts. The project’s mission is to bring "mass adoption for blockchain" by providing a frictionless experience powered by various layer-2 scalability technologies such as state channels, sidechains and rollups.
The Celer Network enables anyone to quickly build, operate, and use highly-scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned crypto-economic mechanism designs.
The Celer team has launched CelerX, an application that showcases the capability of handling highly interactive payments and applications on the Celer Network. It also features a dedicated SDK and developer portal.
CELR token is an ERC-20 token on Ethereum serving multiple functions such as incentive for liquidity and transaction fees to off-chain service providers.