Cartesi
Crypto Overview
Project Overview
Cartesi is a Layer-2 platform that aims to bring mainstream programming capabilities to blockchain development. It enables developers to code smart contracts and decentralized applications (dApps) using familiar programming languages and tools, rather than being restricted to blockchain-specific languages.
Intended Utility
The CTSI token serves multiple purposes within the Cartesi ecosystem: It's used for staking to secure the network, governance voting rights, and as payment for computational resources on the platform. Stakers can earn rewards for helping validate computations and secure the network.
Actual Utility and Development
The project shows significant development activity with regular GitHub updates and an active developer community. The platform has launched several key components including Cartesi Rollups and the Cartesi Machine, which are being used by developers to build applications. Notable projects built on Cartesi include gaming applications, decentralized infrastructure tools, and scientific computing solutions.
Token Distribution and Governance
The token distribution shows a balanced approach with allocations across different stakeholders. Team tokens have vesting schedules in place to ensure long-term alignment. The project maintains transparency through detailed documentation and regular community updates.
Revenue Model and Operations
Cartesi's revenue model is based on legitimate technological services, primarily computational resources and network security through staking. The platform does not involve interest-bearing mechanisms or prohibited activities.
Development vs Marketing
While Cartesi maintains active marketing efforts, there is substantial evidence of ongoing technical development and research, with regular technical updates and improvements to the platform's infrastructure.
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.