"Celer Network is a Layer 2 scalability platform designed to enable fast, easy and secure off-chain transactions to enable payments and broadly off-chain smart contracts. The goal of the project is to bring "mass adoption of blockchain" by providing a frictionless experience powered by Layer 2 scalability technology. The Celer network enables anyone to quickly build, operate and use highly scalable decentralized applications through innovations in off-chain scaling technology and incentive-consistent crypto-economic mechanism design. The Celer team has launched CelerX, an application that demonstrates a fast transaction process on the Celer Network. It also features a dedicated SDK and developer portal. The CELR token is an ERC-20 token on Ether with multiple functions, such as for multiple incentive systems and service and transaction fee payments to off-chain service providers."