According to Odaily, the Celo Foundation has announced the launch of Bloom, an ecosystem TGE (Token Generation Event) advisory project. The initiative is designed to provide guidance and resources to emerging projects, assisting them in successfully launching their native tokens.

The project offers a range of support services including a launch platform, accelerator programs, exchange support, marketing agency, a network of funds and investors, and auditing services. The aim is to foster the growth of new projects in the blockchain and cryptocurrency space by providing them with the necessary tools and resources for a successful token launch.

The Celo Foundation's initiative is a significant step towards supporting the growth and development of new projects in the blockchain industry. By providing a comprehensive suite of services, Bloom aims to help these projects navigate the complexities of launching a native token, thereby contributing to the overall growth of the blockchain ecosystem.