$CELO
Cooling DownSnapshot Window: 2026-07-28 16:10 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 2, Retweets: 1, Likes: 4, Impressions: 106
Verbatim Community Citations & Social Evidence 2 source posts analyzed
A wallet should be your gateway to Web3, not a gatekeeper. When major wallets sunset support for entire ecosystems, it limits true multi-chain power. Nightly is built to be a reliable home for every chain. We’re here to support your growth for the long run.
![]()
AI visual note: A white fox in a Ghostbusters-style proton pack invokes a beam of light against a giant glowing ghost emoji in the night sky—a vivid metaphor for Nightly fighting to dispel the "ghost" of abandoned wallets and protect every chain in the multi-chain Web3 world.
Basis - peer-to-peer cash with optional on-chain reserves Attempts to make P2P cash over the Internet started before Bitcoin, see, for example, "Peer-to-peer money: free currency over the internet" by Kenji Saito from 2003, or original RipplePay idea and service by Ryan Fugger from 2005. Cryptocurrency space ignored earlier work and started own attempts to do p2p cash, such as Lightning / Cashu / Fedimint etc. Thus we have two non-intersecting worlds: original p2p cash which is based on p2p trust, and cryptocurrency-backed which does require for 100% backing with cryptocurrencies. We combine the best from two worlds in Basis: * money issuance can be based purely on trust * optionally, on-chain reserves on Ergo can back issued p2p cash * it is up to a peer to demand for backing, to choose whom to trust, whom to blacklist etc * thus this is providing self-sovereign control on what kind of money (and so risk) to accept * we also call it free digital banking on steroids