Cartesi is the first Binance Token sale on Launchpad since February 2020. Some experts say it is a sign that Binance is trying to bring IEO model back amid the hardship of the market.
CTSI Token Sale Details:
- Token Name: Cartesi (CTSI)
- Launchpad Hard Cap: 1,500,000 USD
- Total Token Supply: 1,000,000,000 CTSI
- Total Tokens Allocated to Binance Launchpad: 100,000,000 CTSI (10% of Total Token Supply)
- Public Sale Token Price: 1 CTSI = 0.015 USD (price in BNB will be determined prior to the lottery draw date)
- Token Sale Format: Lottery
- Max Number of Winning Lottery Tickets: 7,500
- Allocation Per Winning Ticket: 200 USD (13,333.33 CTSI)
- Supported Sessions: BNB only
A snapshot will be held from April 14 to April 21, and the average BNB holdings during this period will determine how many seats one receives.
The blockchain revolution has promised to replace centralized systems and return control to the people. However blockchains reach decentralized consensus through redundancy by replicating storage and repeating computations across all nodes resulting in a restrictive and unscalable environment.
This makes real-world computations impractical. Welcome to Cartesi a blockchain based infrastructure layer for achieving consensus over intensive computations involving massive amounts of data with Cartesi.
These computations run outside the blockchain unrealistic architecture and a proper Linux operating system. Any disputes arising over such computations can be settled inside the blockchain at negligible cost.
This gives limitless power to decentralized applications dapps using courtesy are more powerful easier. To build safer and portable to different block chains Cartesi brings real-world computations to the blockchain.
Cartesi Project Links:
Whitepaper: Cartesi (CTSI)
What is Cartesi?
Cartesi is building an Operating System for Decentralized Applications using Linux. The OS will run all complex and large computations off-chain, while providing the security guarantees of the blockchain.
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