Cartesi price

Cartesi is a decentralized and scalable Linux infrastructure that addresses the challenges of computational scalability and development infrastructure for the decentralized web. Its use case involves enabling blockchain applications to be developed using a wide range of mainstream software stacks available today. These applications run off-chain, benefitting from the blockchain's security while avoiding its computational limitations and high costs. In summary, Cartesi's use case is to provide a scalable and versatile infrastructure for building decentralized applications that can leverage existing software stacks.

The Cartesi (CTSI) token serves various functions within the Cartesi ecosystem. It powers the sidechain infrastructure, covers transaction fees, block verification, and can be used as payment through trusted partners. Additionally, CTSI holders have governance power through Cartesi's grant program, allowing them to participate in voting decisions.

Cartesi has bridged traditional blockchain infrastructure with a more accessible system, catering to a broader audience in the DeFi space. Its roll-up feature addresses key needs like interoperability, scalability, and lower transaction costs. The project's developer-friendly approach continues to evolve, with plans for HTTP API documentation, validator incentives, and thorough auditing before Mainnet deployment, indicating its ongoing development and potential impact.

Cartesi was founded in 2018 by a team of individuals with diverse expertise: - Erick de Moura (CEO): An experienced technical leader in system development and design, with a 20-year background in the software industry, contributing to the success of tech companies in various sectors. - Augusto Teixeira (CSO): An expert in crypto-economics, focused on integrating Cartesi with Ethereum and other Turing-complete blockchains. He has a history of academic publications and papers. - Diego Nehab (CTO): An expert in computer graphics, image processing, and massive parallelism (GPGPU). He holds patents, has published numerous articles, and received significant citations. - Colin Steil (COO): A former venture capitalist and startup founder, specializing in the Asian ecosystem. Colin entered the blockchain space in 2017 and has since been involved in blockchain technology, crypto exchanges, and ICO projects in the venture capital industry. In summary, Cartesi's founding team comprises individuals with expertise in software development, crypto-economics, computer graphics, and blockchain, bringing a diverse skill set to the project.

Cartesi offers DApp developers a decentralized layer-2 operating system compatible with standard programming environments like Linux. This flexibility enables developers without Solidity experience to utilize it. Furthermore, Cartesi's rollup solutions significantly enhance scalability and reduce transaction costs by conducting computations off-chain.

The distribution of CTSI tokens is as follows: - Pre-sale allocation: 6.7 million tokens (25% unlocked every four months). - Binance launchpad sale: 100 million tokens. - Private sale: 50 million tokens (12-month cliff with 11.1% unlocking every quarter). - Seed sale: 20 million tokens (12-month cliff with 14.3% unlocking quarterly). The total and max supply of CTSI is 1 billion tokens, with a circulating supply of 723.3 million tokens.