CTSI Cartesi

Use Cases of Cartesi

Cartesi has several key use cases that leverage its unique technology to enhance various applications:

• Decentralized Gaming: Cartesi allows developers to build complex and interactive games that run on the blockchain, offering players a transparent and secure gaming experience. For example, the game Creepts, a tower defense game, demonstrates Cartesi's capability to handle complex computations off-chain while maintaining blockchain security.

• Decentralized Finance (DeFi): Cartesi enables the creation of smart contracts and decentralized exchanges, making it an attractive solution for DeFi applications. It allows for complex calculations involving data from different sources, enhancing interoperability between blockchains and off-chain services.

• Supply Chain Management: Cartesi can be used to track and verify goods throughout the supply chain, ensuring transparency and reducing fraud. Its scalability and efficiency make it suitable for managing complex supply chains.

• Artificial Intelligence (AI) and Computational Resources: Cartesi can be used to train and execute AI models on the blockchain, providing a decentralized and secure environment for AI applications. It also enables outsourced computation, allowing millions of users to lend their computing power for tasks like scientific research, 3D rendering, and video transcoding.

• Asset Tokenization: Cartesi's technology can be applied to asset tokenization, making it easier to manage and transfer assets on the blockchain.

• Software Development: Cartesi offers a developer-friendly environment by allowing the use of mainstream software stacks and Linux components, making it easier to build scalable and efficient decentralized applications.

• Cross-Blockchain Compatibility: Cartesi's portability means that its applications can run on various blockchains, including Ethereum, Polygon, and Arbitrum, without being tied to a specific blockchain.

Pros of Cartesi

• Programmability: Cartesi allows developers to create decentralized applications (dApps) and smart contracts using mainstream software components and Linux OS resources, making it easier to develop and integrate blockchain applications.
• Ease of Adoption: Developers can work in a familiar environment without artificial restrictions, using all their favorite tools and software libraries.
• Scalability: Cartesi achieves high scalability by performing intensive computations off-chain, which reduces costs and increases efficiency.
• Portability: Cartesi applications can run on most top blockchains, making them portable and versatile.
• Privacy: The structure of Cartesi protects the privacy of dApp users, such as gamers who want to keep their data anonymous.
• High Speed and Efficiency: The network offers high speed and efficiency by minimizing on-chain transactions and maximizing off-chain computations.

Cons of Cartesi

• Newness: Being relatively new, Cartesi may have a higher likelihood of bugs and platform "teething" issues.
• Resource Limitations: There may be fewer available resources to address network issues due to its unique infrastructure.
• Specific Expertise Required: Working with Cartesi requires specific programming experience and knowledge.
• Business Focus: It's primarily designed for business applications, making it less accessible for consumers.
• Limited Accessibility: It's primarily accessible for Linux users.
• Partial Security: Like any platform, Cartesi cannot guarantee 100% security for data safety.

Founders of Cartesi

The founders of Cartesi are:

• Erick de Moura: Founder and Chief Executive Officer
• Augusto Teixeira: Founder and Chief Scientific Officer
• Diego Nehab: Founder and Chief Technology Officer
• Colin Steil: Founder and Chief Operating Officer.

Investors in Cartesi

• Key Investors: Binance Labs, FBG Capital, Artesian VC, Bigbang Angels, and Chinaccelerator are among the notable investors in Cartesi.
• Funding Rounds: Cartesi has undergone several funding rounds, including a seed round, private round, strategic round, and public round, raising significant capital from various investors.
• Token Distribution: The token distribution includes allocations for the team, advisors, mining, and the foundation, with specific vesting periods and release schedules.

Halal Status of Cartesi

• Halal Status: Yes
• Reason: Cartesi is considered halal because its business model and token distribution align with Shariah guidelines. It provides a development platform that bridges traditional computing with blockchain technology without involving prohibited activities. The staking mechanism follows a delegated proof-of-stake model that avoids traditional interest-based returns, instead providing rewards for network security participation.