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What is the issuance amount of CTSI coins?

Cartesi's (CTSI) total coin supply is set at 1,000,000,000, ensuring controlled issuance through a predefined emission schedule.

Nov 25, 2024 at 11:50 pm

What is the Issuance Amount of CTSI Coins?Introduction

Cartesi (CTSI) is a blockchain platform designed to bring mainstream adoption of decentralized applications (dApps) by addressing the limitations of existing blockchain solutions. It offers a decentralized compute network that enables developers to create and deploy complex dApps on a scalable and cost-effective platform. The issuance amount of CTSI coins, which are the native cryptocurrency of the Cartesi ecosystem, is a crucial aspect to understand for potential investors and users. This article will delve into the details of the CTSI coin issuance, including the total supply, distribution, and emission schedule.

Total Supply of CTSI Coins

The total supply of CTSI coins is 1,000,000,000. This fixed supply ensures that the scarcity and value of CTSI coins are maintained over time. The issuance of new coins is controlled through a pre-determined emission schedule to prevent inflation and stabilize the coin's value.

Distribution of CTSI Coins

The distribution of CTSI coins was conducted through a combination of public and private sales. The following is the breakdown of the coin distribution:

  1. Public Sale (Seed Round): 10% of the total supply (100,000,000 CTSI) was allocated to early investors during the seed round.
  2. Private Sale: 20% of the total supply (200,000,000 CTSI) was allocated to private investors who contributed to the project's development.
  3. Team and Advisors: 20% of the total supply (200,000,000 CTSI) was reserved for the core team members and advisors responsible for developing and maintaining the Cartesi platform.
  4. Ecosystem and Reserve: 30% of the total supply (300,000,000 CTSI) is allocated for ecosystem development, partnerships, and community initiatives.
  5. Foundation: 20% of the total supply (200,000,000 CTSI) is reserved for the Cartesi Foundation, a non-profit organization dedicated to supporting the long-term success and adoption of the Cartesi platform.
Emission Schedule for CTSI Coins

The emission schedule for CTSI coins is designed to ensure a controlled and gradual release of new coins into the market. The issuance of new coins is aligned with the growth and adoption of the Cartesi platform. The following is the breakdown of the emission schedule:

  1. Initial Emission: During the initial launch of the Cartesi platform, a significant portion of the total supply (400,000,000 CTSI) is released to the market to establish liquidity and provide incentives for early adopters.
  2. Linear Release: After the initial emission, new CTSI coins are released into the market at a predefined rate over a specified period of time. This linear release helps maintain stability and prevents excessive fluctuations in the coin's value.
  3. Adaptive Release: As the Cartesi ecosystem grows and matures, the emission schedule may be adjusted to align with the adoption rate and demand for CTSI coins. The adaptive release allows for flexibility in the issuance to ensure the long-term sustainability of the platform.
Conclusion

The issuance amount of CTSI coins plays a vital role in determining the scarcity

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