Cartesi

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.