Cartesi is the Next Binance Launchpad Project!

Lujan Odera
April 15, 2020
Lujan Odera

Lujan Odera

Contributor
Been in the field since 2015 and he still love everything blockchain and crypto! FC Barcelona fan. Author and journalist. Follow him at @lujanodera.
Read full bio
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Monday, April 14thBinance announced its latest Launchpad project, Cartesi’s CTSI. This follows their recent move in acquiring the largest crypto website, by traffic, coinmarketcap.com (CMC).

Cartesi is the Operating System for DApps. Complex and intensive computations run in a Linux environment, outside the blockchain, without compromising decentralization. Cartesi is making DApps significantly more powerful, cost-effective, and easier to develop. Binance will continue to use their lottery-format system, where Binance records Binance (BNB) balances, during a set period of time.

“We are pleased to welcome Cartesi, an infrastructure project that presents its vision of solving scalability problems for the blockchain industry, which I believe is a key feature to unlock mass adoption. The opportunity to simply and efficiently deploy decentralized applications paves the way for the influx of new developers into the crypto industry, and Cartesi’s focus on gaming and finance is able to show the benefits of blockchain to users in the most widespread areas.” – Binance CEO and Founder, CZ (Changpeng Zhao)

The CTSI Token sale

The total Cartesi token supply is 1 billion CTSI. The Launchpad Sale will be conducted in April 2020 for a total raise of 1,500,000 USD worth of BNB at 0.015 USD per CTSI token, selling 10.00% of total token supply. CTSI/BNB exchange rate will be determined prior to the date of sale. The full CTSI research report can be found here.

Binance IEO’s takeoff

Since launching in 2019, the Binance Launchpad has created a frenzy in the blockchain industry as IEO projects take off with a ready market and mentor in the field. One of India’s top projects, WazirX, a cryptocurrency exchange token launched on the exchange in January and has since been acquired by Binance.

Having launched some of the top altcoins including Matic, Elorand and Tron’s BitTorrent token, Binance’s latest IEO token is on a journey to new heights. Welcome, Cartesi!

For more details on Binance’s latest IEO, Visit: https://launchpad.binance.com/en/lottery/b135073088dd4ce7ae8c40a52a99628d

AD
BestChange

Instant Currency Exchange at BestChange with Ease

  • Compare Rates Across 1000+ Exchanges
  • Access 250+ Cryptocurrencies & Pairs
  • Save Time with Real-Time Price Tracking
BestChange
coingape google news

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
About Author
About Author
Been in the field since 2015 and he still love everything blockchain and crypto! FC Barcelona fan. Author and journalist. Follow him at @lujanodera.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.