Cartesi
Crypto Overview
Purpose and Utility
Cartesi is a Layer-2 blockchain platform that enables complex computations off-chain while maintaining blockchain security. It allows developers to build decentralized applications (DApps) using mainstream software stacks and Linux, making blockchain development more accessible.
Business Model and Technology
The platform uses a technology called 'Optimistic Rollups' combined with a Linux runtime environment, allowing developers to create scalable smart contracts and DApps. CTSI tokens are used for staking, securing the network, and governance. The business model focuses on providing development tools and infrastructure, which aligns with halal principles as it provides genuine utility and doesn't involve prohibited activities.
Real-World Adoption and Development
Cartesi has demonstrated active development with regular GitHub commits and ecosystem growth. The project has partnerships with established blockchain platforms and continues to release technical updates. The ecosystem includes various DApps being built on the platform, ranging from gaming to computational services.
Token Distribution and Governance
CTSI tokens were distributed through several rounds including private sales, public sale, and ecosystem funding. The project maintains transparency in token allocation and vesting schedules. A significant portion is allocated to staking rewards and ecosystem development.
Revenue Model and Operations
The platform's revenue model is based on legitimate technological services and infrastructure provision, not involving interest-based lending or prohibited activities. The staking mechanism is used for network security and validation, which is permissible as it involves actual work and value creation.
Crypto Impact
To assign a comfort level investing in Cartesi from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Cartesi.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.