Cartesi
Crypto Overview
Understanding Intended Utility
Cartesi is a Layer-2 blockchain platform that aims to bring mainstream scalability and convenience to blockchain development. Its main purpose is to allow developers to code smart contracts using Linux and familiar programming tools, rather than being restricted to blockchain-specific languages. The CTSI token serves as the native currency of the Cartesi ecosystem, used for staking, securing the network, and governance.
Business Model Analysis
The business model focuses on providing a development platform that bridges traditional computing with blockchain technology. The platform enables complex computations off-chain while maintaining blockchain-level security. This model appears transparent and does not inherently involve any prohibited activities.
Actual Utility Assessment
There is substantial evidence of real-world adoption and development activity: 1) Active GitHub repository with regular commits 2) Multiple partnerships with established blockchain projects 3) Growing developer community building DApps on the platform 4) Regular technical updates and improvements to the platform.
Token Distribution and Governance
Initial token distribution showed a relatively balanced allocation: 25% to team and advisors (with vesting), 30% to ecosystem development, 25% to public sale, and 20% to private sale. Vesting schedules are in place to prevent immediate selling. Development efforts significantly outweigh marketing activities, with regular technical updates and improvements to the platform's core infrastructure.
Additional Considerations
The staking mechanism used by Cartesi follows a delegated proof-of-stake model that appears to avoid traditional interest-based returns, instead providing rewards for network security participation. The platform does not facilitate or promote any prohibited industries or activities.
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.