Market Cap: $3.3221T -3.670%
Volume(24h): $162.6091B -44.220%
Fear & Greed Index:

62 - Greed

Select Language

Select Language

Select Currency

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

Cartesi (CTSI) issued 100 million tokens through an ICO in 2018, currently has a circulating supply of 389 million, and its total supply is 1 billion, with vestings ensuring a gradual release of tokens into circulation.

Dec 12, 2024 at 10:10 pm

What is the Issuance and Circulation of Cartesi (CTSI) Coins?

Cartesi (CTSI) is a decentralized operating system that allows developers to build and deploy high-performance, scalable blockchain applications. The CTSI token is the native utility token of the Cartesi platform, used for staking, transaction fees, and governance.

Issuance of CTSI Coins

  • Initial Coin Offering (ICO): Cartesi distributed 100 million CTSI tokens through an ICO in 2018, raising approximately $11.6 million.
  • Token Generation Event (TGE): The CTSI token was launched and distributed to ICO participants in November 2018.
  • Private Sale: Cartesi allocated 20 million CTSI tokens for private investors, which were sold prior to the ICO.

Circulation of CTSI Coins

  • Circulating Supply: As of April 2023, there are approximately 389 million CTSI tokens in circulation.
  • Total Supply: The total supply of CTSI tokens is 1 billion, out of which 400 million tokens were reserved for future development and ecosystem growth.
  • Vestings: A significant portion of the CTSI token supply is vested, with the majority of tokens locked up for 6-12 months after the TGE to ensure a gradual release into circulation.

Distribution of CTSI Coins

  • Team and Advisors: 150 million CTSI tokens were allocated to the Cartesi team and advisors as compensation.
  • Foundation: 100 million CTSI tokens were allocated to the Cartesi Foundation for research, development, and ecosystem support.
  • Early Backers: 50 million CTSI tokens were allocated to early backers and supporters of the Cartesi project.

Tokenomics and Utility

  • Staking: CTSI tokens can be staked to earn rewards and secure the Cartesi network. Stakers receive a percentage of transaction fees generated on the platform.
  • Transaction Fees: CTSI tokens are used to pay for transactions within the Cartesi ecosystem, including the deployment and execution of dApps.
  • Governance: CTSI token holders can participate in the Cartesi network's governance process, proposing and voting on changes to the protocol and ecosystem.

CTSI Token Value and Market Cap

The value of CTSI tokens fluctuates based on market conditions and demand. The token's market capitalization (as of April 2023) is approximately $1.2 billion.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

The historical high and low prices of Bitget Token (BGB) coins

The historical high and low prices of Bitget Token (BGB) coins

Dec 22,2024 at 01:09pm

Key Points:Bitget Token (BGB) is a utility token for the Bitget cryptocurrency exchange.BGB has experienced significant price fluctuations since its launch in 2022.The highest recorded price for BGB was $0.6658 on November 21, 2022.The lowest recorded price for BGB was $0.1954 on June 18, 2023.BGB is currently trading around $0.40, representing a signif...

Which formal platforms can buy and sell Maple Token (MPL) coins?

Which formal platforms can buy and sell Maple Token (MPL) coins?

Dec 22,2024 at 09:19am

Key Points:Maple Token (MPL) is a decentralized lending protocol that connects borrowers and lenders through a permissionless network.MPL holders can earn rewards for participating in the protocol's governance and providing liquidity.There are numerous formal platforms where users can buy and sell Maple Token coins.Formal Platforms to Buy and Sell Maple...

What is the mission and vision of Gods Unchained (GODS) coin?

What is the mission and vision of Gods Unchained (GODS) coin?

Dec 22,2024 at 03:54pm

Key PointsImmutable X, the layer-2 scaling solution for NFTs, powers Gods Unchained (GODS).A fantasy trading card game with real-world ownership of in-game assets is Gods Unchained.Holders of GODS tokens can vote on governance proposals, stake their tokens for rewards, and participate in exclusive events.GODS is traded on major cryptocurrency exchanges ...

Does Alkimi (ADS) Coin Have Potential?

Does Alkimi (ADS) Coin Have Potential?

Dec 22,2024 at 11:15am

Key PointsAlkimi (ADS) Coin is a governance token for the Alkimi lending protocol.ADS is used to vote on protocol parameters and distribute fees to token holders.Alkimi leverages a unique lending model to enhance capital efficiency and reduce transaction costs.The protocol offers a competitive interest rate environment and a range of lending pools to me...

Is Stella (ALPHA) Coin a Scam?

Is Stella (ALPHA) Coin a Scam?

Dec 22,2024 at 01:34pm

Key Points of the Article:Defining Stella (ALPHA) Coin and its OriginAnalyzing the Tokenomics and Distribution of ALPHA CoinExamining the Credibility of the Team Behind Stella (ALPHA) CoinReviewing the Liquidity and Trading Volume of ALPHA CoinEvaluating the Project's Development and TransparencyAssessing Potential Risks and Red Flags Associated with St...

What is the long-term price prediction for the Request (REQ) coin?

What is the long-term price prediction for the Request (REQ) coin?

Dec 22,2024 at 04:33am

Key Points:REQ is expected to maintain a stable growth trajectory over the coming years.Factors driving REQ's long-term price include network adoption, ecosystem expansion, and increasing demand for decentralized applications.The coin has the potential to reach significant milestones, but its price prediction remains subject to market fluctuations and e...

The historical high and low prices of Bitget Token (BGB) coins

The historical high and low prices of Bitget Token (BGB) coins

Dec 22,2024 at 01:09pm

Key Points:Bitget Token (BGB) is a utility token for the Bitget cryptocurrency exchange.BGB has experienced significant price fluctuations since its launch in 2022.The highest recorded price for BGB was $0.6658 on November 21, 2022.The lowest recorded price for BGB was $0.1954 on June 18, 2023.BGB is currently trading around $0.40, representing a signif...

Which formal platforms can buy and sell Maple Token (MPL) coins?

Which formal platforms can buy and sell Maple Token (MPL) coins?

Dec 22,2024 at 09:19am

Key Points:Maple Token (MPL) is a decentralized lending protocol that connects borrowers and lenders through a permissionless network.MPL holders can earn rewards for participating in the protocol's governance and providing liquidity.There are numerous formal platforms where users can buy and sell Maple Token coins.Formal Platforms to Buy and Sell Maple...

What is the mission and vision of Gods Unchained (GODS) coin?

What is the mission and vision of Gods Unchained (GODS) coin?

Dec 22,2024 at 03:54pm

Key PointsImmutable X, the layer-2 scaling solution for NFTs, powers Gods Unchained (GODS).A fantasy trading card game with real-world ownership of in-game assets is Gods Unchained.Holders of GODS tokens can vote on governance proposals, stake their tokens for rewards, and participate in exclusive events.GODS is traded on major cryptocurrency exchanges ...

Does Alkimi (ADS) Coin Have Potential?

Does Alkimi (ADS) Coin Have Potential?

Dec 22,2024 at 11:15am

Key PointsAlkimi (ADS) Coin is a governance token for the Alkimi lending protocol.ADS is used to vote on protocol parameters and distribute fees to token holders.Alkimi leverages a unique lending model to enhance capital efficiency and reduce transaction costs.The protocol offers a competitive interest rate environment and a range of lending pools to me...

Is Stella (ALPHA) Coin a Scam?

Is Stella (ALPHA) Coin a Scam?

Dec 22,2024 at 01:34pm

Key Points of the Article:Defining Stella (ALPHA) Coin and its OriginAnalyzing the Tokenomics and Distribution of ALPHA CoinExamining the Credibility of the Team Behind Stella (ALPHA) CoinReviewing the Liquidity and Trading Volume of ALPHA CoinEvaluating the Project's Development and TransparencyAssessing Potential Risks and Red Flags Associated with St...

What is the long-term price prediction for the Request (REQ) coin?

What is the long-term price prediction for the Request (REQ) coin?

Dec 22,2024 at 04:33am

Key Points:REQ is expected to maintain a stable growth trajectory over the coming years.Factors driving REQ's long-term price include network adoption, ecosystem expansion, and increasing demand for decentralized applications.The coin has the potential to reach significant milestones, but its price prediction remains subject to market fluctuations and e...

See all articles

User not found or password invalid

Your input is correct