This token has a maximum supply of 1 billion coins, and all these coins have been mined. The current circulating supply is more than 600 million tokens and is ranked among the top 200 cryptocurrencies by market cap. At the moment, more than 234 million tokens have been staked, and there are over 1100 users of the altcoin. You can buy this cryptocurrency on a variety of crypto platforms and exchanges.
A Bit About Cartesi
This altcoin was developed in 2018 by Erick de Moura, Colin Steil, Diego Nehab, and Augusto Teixeira. It is used on the Cartesi blockchain, which is a layer 2 solution for scalability. The coin can be transferred on different layer 1 blockchains and has been described as blockchain agnostic.
Smarter smart contracts are made possible with the power of the Cartesi projectCryptoLists.com
Cartesi token is the utility token of the Cartesi Blockchain OS, a service that bridges the gap between Linux and blockchain. It also works as a scaling solution for Ethereum and aims at making dApps more adoptable. It applies the proof of stake mechanism to secure the network, meaning individuals can earn Cartesi tokens when they participate in the network. When users produce one block on the network, they are rewarded with 2900 CTSI.
Utility of Cartesi?
You can stake Cartesi tokens and earn rewards for participating in the network. You can stake the tokens by running a node, using custodial staking, or by delegating staking. To start staking your tokens, you should create a MetaMask wallet and secure it. You can then go to https://explorer.cartesi.io/pools and connect your wallet. You should note that you will need to own ETH for transaction fees if you want to delegate CTSI. This cryptocurrency is also used to pay network fees when they insert data into the chain.
Cartesi Price details
ETH Contract address: 0x491604c0fdf08347dd1fa4ee062a822a5dd06b5d
›› Details & Tokenomics
Advantages of Cartesi
+ It is blockchain agnostic.+ The coin supports a worthwhile crypto project.
+ You can stake it to earn interest.
+ CTSI token has a comprehensive white paper.
+ It has a strong online community.
Disadvantages
- The market cap is fairly low.- It faces stiff competition from other cryptocurrencies.
- You won’t find it on all crypto exchanges.
- Cartesi token may prove to be highly volatile.
- Lost a lot of value since all time high, like many coins.
Costs
▪ Rated at 9.5/10Cartesi is mostly traded on the Ethereum blockchain, and that means users have to pay a transfer fee of about $20 when gas fees are at their highest. However, this has been positively impacted by Ethereum's merge event and the transaction speed will vary depending on the usage of the network. It is worth noting that the token is supported on many other blockchains, so you can easily access much lower transfer fees.
Reputation and Buzz
▪ Reputation rated at 8.5/10▪ Buzz rated at 8.5/10
This project has a strong community on the internet and has been marketed thoroughly to potential users. Its Twitter community features more than 78,500 people, so this can be a great platform to hold discussions on the altcoin and project. This is quite impressive, especially since the token was only released in 2020.
FAQ
How many Cartesi tokens are there?
There is a maximum of 1 billion Cartesi tokens, and all of these have already been mined. More than 234 million of these cryptocurrencies have been staked, while more than 605 million are in circulation.
Who created this cryptocurrency?
This altcoin was developed by a group consisting of Erick de Moura, Colin Steil, Diego Nehab, and Augusto Teixeira. All four leaders of the project are experienced in the startup space and software development. Erick de Moura currently serves as the CEO of the company.
Which blockchain does this altcoin use?
This cryptocurrency is blockchain agnostic, which means it uses many different blockchains. However, it is mostly traded on Ethereum. That means users may need to hold ETH to make transactions with CTSI tokens.
Where can I buy this cryptocurrency?
You can purchase this altcoin on Transak. Since the altcoin is still not well established, it has not been listed on many centralized crypto exchanges. However, you can easily purchase it on decentralized exchanges.
Which crypto wallets can I use to store my Cartesi tokens?
You can store these tokens on lots of major crypto wallets, including Atomic Wallet, Ledger, My Crypto, Trezor, Guarda Wallet, Gnosis Safe, My Ether Wallet, Trust Wallet, and BitKeep. Any wallets that support ERC-20 tokens can be used to store the coins.
History of Cartesi
2018 - Cartesi is founded by Erick de Moura, Augusto Teixeira, Diego Nehab, and Colin Steil.
April 2020 - The CTSI coin is launched by the Cartesi project to much fanfare.
2021 - Cartesi parters with Travala, a leading crypto travel booking site.
Screenshots from Cartesi
More sites where to buy/sell/trade Cartesi
Below you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this token. Click on the logo to read our review.
Cartesi details and tokenomics
BNB Contract address: 0x8da443f84fea710266c8eb6bc34b71702d033ef2
MATIC Contract address: 0x2727Ab1c2D22170ABc9b595177B2D5C6E1Ab7B7B
