Cartesi


Name

Cartesi

Summary

Cartesi is a decentralized Layer-2 infrastructure
-It was founded by Erick de Moura, Colin Steil, Diego Nehab, Marco Mirabella, and Augusto Teixeira in 2018
-Cartesi is blockchain agnostic and supports all EVM chains

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Rating

BBB

Symbol

CTSI

Overview

Cartesi addresses the two most significant problems to widespread blockchain adoption: network efficiency and coding difficulty.

Cartesi provides DApp developers with industry-grade programmability and tremendous processing capabilities by running a true Operating System on top of blockchains.

Historical Price Movement (in INR)

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Technology

Cartesi is a Layer-2 platform for decentralized application creation and deployment. It uses a hybrid application design that comprises both on-chain and off-chain components to scale its network. The on-chain component is based on a network of Cartesi Nodes, each representing the interests of a single application user. The off-chain component consists of native and reproducible components.
-Native components are directly run in the hardware of the host.
-Reproducible components run inside the cartesi machine controlled by the cartesi nodes.
CTSI is hosted on the Ethereum blockchain and supports Solidity as its programming language.

Launchpad Sale

10%

Seed Sale

2%

Private Sale

5%

Strategic Sale

0.67%

Team

15%

Advisors

2.11%

Foundation Reserve

40.22%

Mining Reserve

25%

Volume (As of 3rd April, 2022)

$27,823,844

Total Supply

1000000000

Circulating supply

521,978,627.90 CTSI

Crowd Sales

Throughout six rounds of investment, Cartesi has raised a total of $750K.

Funding

5/10/2020: Initial Coin Offering- NA,
1/01/2020: Seed Round- NA,
1/04/2019: Venture Round -$500K
1/01/2019: Non Equity Assistance- NA
21/05/2018: Seed Round- $150K
1/03/2018: Angel Round- $100K

Country

Singapore

Name of Organization

Cartesi Foundation Ltd.

Year Incorporated

2019

Registered Address

FRASER STREET 189352 Singapore

Dispute Resolution and Governing Law

Singapore

Country Risk Assessment

A1

Founding Team
NameDesignationEducationExperience
Erick de MouraFounder and CEOPontifícia Universidade Católica do Rio de Janeiro: Bachelor of Engineering (BEng), Electrical and Electronics EngineeringUniversity of California, Los Angeles: BS, Electrical Engineering, Computer Science25 Yrs
Colin SteilCo-Founder and COOUniversity of Alberta: Advanced Citation in Global Leadership, International Business, and FinanceUniversity of Alberta: Bachelor of Commerce with Distinction, International Business, FinanceNational Taiwan Normal University: Intensive Chinese Class, Chinese Language and Literature9 yrs
Diego NehabFounder and CTOPrinceton University: Ph.D., Computer GraphicsPontifícia Universidade Católica do Rio de Janeiro: M.Sc., Programming LanguagesUniversity of California, Los Angeles: (exchange student), Computer SciencePontifícia Universidade Católica do Rio de Janeiro: B.Eng, Computer Science and Engineering26 Yrs
Marco MirabellaCo-FounderTongji University: Bachelor of Engineering (B.Eng.), Mechanical and Production Engineering (MPE)Politecnico di Milano: Bachelor of Science (BSc), Management Engineering5 Yrs
Augusto TeixeiraCo-Founder and Chief Scientific officerETH Zürich: Doctor of Philosophy - PhD, Mathematics11 Yrs