What is Celo network name?

Could you please elaborate on the name of the Celo network and its significance in the cryptocurrency and financial sphere? As a professional in this field, I understand that networks like these play a pivotal role in enabling various transactions and operations, but I'm particularly curious about the moniker "Celo" and its potential implications. Could you explain the origin of the name, its relevance to the network's functionality, and how it might resonate with the broader community? Thank you for your insights.