Cartesi is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of Cartesi are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
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A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Cartesi token by explaining what the coin is about, tokenomics, roadmap, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.
What is Cartesi?
Cartesi – The Blockchain OS is a decentralized Layer-2 infrastructure that supports Linux and mainstream software components. For the first time, developers can code scalable smart contracts with rich software tools, libraries, and the services they’re used to, bridging the gap between mainstream software and blockchain.
Cartesi is enabling millions of new startups and their developers to use The Blockchain OS and bring Linux applications on board. With a groundbreaking virtual machines, optimistic rollups, and side-chains, Cartesi paves the way for developers of all kinds, to build the next generation of blockchain apps.
Welcome to The Blockchain OS, home to what’s next.
CTSI Overview and Use Cases
The token for The Blockchain OS has been designed to overcome the problems of scalability and inconvenience of blockchain applications. CTSI is the fuel of the network. When you use and stake CTSI, you collaborate with decentralization, security, and convenience for The Blockchain OS.
CTSI is a utility token that works as a crypto-fuel for Noether, Cartesi’s side-chain.
- Stakers receive CTSI rewards by staking their tokens and participating in the network.
- Node runners are selected randomly according to a PoS system and gain the right to create the next block.
- Users of the network pay CTSI fees to insert data on the side-chain.
CTSI also plays a role with Cartesi Rollups.
- Validators will receive CTSI from applications and users when they provide their service for Cartesi Rollups applications.
- Full details can be read on the Cartesi Network and CTSI article.
What makes Cartesi Unique?
Cartesi is the first blockchain OS. It allows developers to build decentralized logic with Linux and standard programming environments preserving the decentralization and security of blockchains. That means moving beyond Solidity and coding smart contracts with rich software tools, libraries, and services developers are used to. All while, free from scalability limits.
There are 571,845,570.90 CTSI in supply worldwide.
Pros and Cons of Cartesi
Pros of Cartesi
- There is a surge in the market price currently
- Project whitepaper available
- There is a community
- Contract on Ethereum
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – Cartesi
Cons of Cartesi
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is Cartesi Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, Cartesi have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is Cartesi Safe?
Being willing to invest in any token is a question entirely up to you to answer. Cartesi token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Cartesi on the comment section below. Don’t forget to rate and leave Cartesi a review.