What is the issuance price and issuance volume of Cartesi (CTSI) coins?

Cartesi (CTSI) coins, initially priced at $0.08 in 2018, have a capped issuance volume of 1 billion, with 50% distributed through ICO participants.

Dec 10, 2024 at 04:12 pm

1. The Issuance Price and Issuance Volume of Cartesi (CTSI) Coins

Issuance Price:

Cartesi (CTSI) coins were initially offered through an initial coin offering (ICO) in 2018 at a price of $0.08 per coin. The ICO raised a total of $1.2 million.

Issuance Volume:

The total issuance volume of CTSI coins is capped at 1 billion coins. Of this total, 500 million coins were created during the ICO, with the remaining 500 million coins reserved for future distribution and development purposes.

2. The Distribution of Cartesi (CTSI) Coins

The distribution of CTSI coins is as follows:

• ICO participants: 50%
• Cartesi team and advisors: 15%
• Ecosystem development: 15%
• Strategic reserve: 10%
• Genesis block: 5%
• Marketing and community: 5%

3. The Use Cases of Cartesi (CTSI) Coins

CTSI coins have a variety of use cases within the Cartesi ecosystem, including:

• Payment: CTSI coins can be used to pay for transaction fees, gas fees, and other services within the Cartesi network.
• Staking: CTSI coins can be staked to participate in the Cartesi network's proof-of-stake consensus mechanism, which earns stakers rewards for helping to secure the network.
• Governance: CTSI coin holders have the right to vote on proposals that affect the development and direction of the Cartesi network.

4. The Value Proposition of Cartesi (CTSI) Coins

The value proposition of CTSI coins is based on the following factors:

• The Cartesi network is a highly scalable and efficient blockchain platform that can handle a large number of transactions per second.
• The Cartesi network is decentralized and open-source, which means that it is not controlled by any single entity.
• The Cartesi network is compatible with the Ethereum Virtual Machine (EVM), which makes it easy for developers to port their existing Ethereum applications to Cartesi.

5. The Future of Cartesi (CTSI) Coins

The future of CTSI coins is bright, as the Cartesi network is expected to continue to grow and develop in the coming years. The Cartesi team is actively working on new features and upgrades for the network, and they are also expanding the Cartesi ecosystem with new partnerships and integrations. As a result, the demand for CTSI coins is likely to increase in the future, which could lead to a higher price for the coins.

6. How to Buy Cartesi (CTSI) Coins

CTSI coins can be purchased on a variety of cryptocurrency exchanges, including Binance, Coinbase, and KuCoin. To buy CTSI coins, you will need to create an account on an exchange and then deposit funds into your account. Once you have deposited funds into your account, you can then buy CTSI coins using the exchange's trading platform.

7. How to Store Cartesi (CTSI) Coins

CTSI coins can be stored in a variety of cryptocurrency wallets, including the Cartesi Wallet, the MetaMask wallet, and the Ledger Nano X hardware wallet. To store CTSI coins in a wallet, you will need to create an address for the wallet. Once you have created an address, you can then send CTSI coins to the address from an exchange or another wallet.

8. Conclusion

Cartesi (CTSI) coins are a valuable asset within the Cartesi ecosystem. They are used to pay for transaction fees, gas fees, and other services within the network, and they can also be staked to participate in the network's proof-of-stake consensus mechanism. As the Cartesi network continues to grow and develop, the demand for CTSI coins is likely to increase, which could lead to a higher price for the coins.