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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| CTSI | -76.19% | -90.93% | -38.12% | -54% |
| S&P | +12.9% | +73.65% | +11.66% | +144% |
Cartesi (CTSI) is a utility token for the Cartesi platform, which aims to solve scalability and high costs in blockchain development. It brings mainstream programming tools to decentralized applications (DApps). CTSI is used as a crypto fuel for Noether, Cartesi’s side-chain for temporary data availability, and in the network’s staking mechanism. Cartesi is built around a Decentralized Computational Oracle, executing complex computations off-chain while maintaining security. CTSI incentivizes and rewards developers who build and deploy DApps on the Cartesi platform. Cartesi was co-founded by Erick de Moura, Augusto Teixeira, Colin Steil, and Diego Nehab. Erick de Moura is the CEO of Cartesi.
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