Cartesi August Recap — CTSI Macroeconomy and Korean Expansion

Cartesi August Recap — CTSI Macroeconomy and Korean Expansion

By Cartesi | Cartesi News & Updates | 31 Aug 2020


 

August 31st, 2020 — This month the Cartesi team expanded into a new international market, revived a long-awaited Creepts tournament, revealed new details on the innovative CTSI macroeconomic staking system and forged a new partnership.

The Cartesi team expanded its presence in Korea with an exchange listing on Upbit. CTSI is now tradable on Upbit’s Korean platform under the pair CTSI/BTC, as well as Upbit Indonesia under CTSI/BTC. In celebration of these listings, a $25,000 Creepts tournament was run with another outstanding turnout with over 8000 unique users and 24,000 sessions played.

In addition to this, the CTSI Macroeconomy was released. In Q4 2020, Cartesi Mining on Ethereum’s mainnet will occur. You will be able to stake CTSI intermediately until the release of the Staking Right system in 2021.

Some other notable actions included forming a partnership with MixMarvel to integrate Cartesi’s SDK, as well as blockchain game publishing. Augusto Teixeira and Erick de Moura also attended ECON2020, an Ethereum developer conference presenting on a panel on Sharding vs. Layering as well as a keynote, respectively.

 

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The CTSI Macroeconomy

The Cartesi team released it’s long-awaited macroeconomy with an innovative staking system.

Cartesi Side Chain node operators can stake cartesi tokens by buying staking rights. These staking rights keep CTSI locked until the end of a staking cycle after which it pays the owner the locked principal plus a reward in CTSI. Staking rights are acquired through periodic Dutch auctions and give the owner the rights to execute rewarded mining tasks until their expiration date.

The Complete Overview: https://cartesi.io/CTSI_Macroeconomy.pdf

 

 

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Expanding Cartesi’s Korean Presence — CTSI is now Listed on Upbit

Cartesi expanded its Korean presence by listing on Upbit. CTSI is now directly tradable within Korea. In addition, CTSI was also listed on Upbit’s Indonesian platform furthering our presence in Indonesia.

Connect with Cartesi’s Korean groups on Telegram or Kakaotalk.

Full details: https://medium.com/cartesi/ctsi-is-now-listed-on-upbit-b8f6edc1527e

 

 

Full Ecosystem Summary for August

 

Cartesi in The Media

 

Community Created Content

As our community continues to expand, we highlight some of the most noteworthy pieces of content created for Cartesi on a monthly basis. We are in the process of on-boarding new ambassadors, including a new Japanese Ambassador. Exceptional individuals should apply at: https://cartesi.io/en/ambassadors/.

 

Important Ecosystem Links:

Website: https://cartesi.io

Twitter: https://twitter.com/cartesiproject

Telegram: https://t.me/cartesiproject

Discord (Developers): https://discordapp.com/invite/Pt2NrnS

GitHub: https://github.com/cartesi

           


Cartesi
Cartesi

The Operating System for DApps


Cartesi News & Updates
Cartesi News & Updates

Cartesi is a decentralized and scalable Linux infrastructure that solves the problems of computational scalability and development infrastructure for the decentralized web. With Cartesi, Blockchain applications can be coded with the vast domain of mainstream software stacks available today. Applications run off-chain, with the strong security guarantees of the blockchain, but free from its computation limits and high costs.

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