Cartesi
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.1m | 3.0m | 4.9m | 8.8m | 8.8m |
% growth | - | 186 % | 63 % | 79 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | - | ||
N/A | $100k | Angel | |
$150k | Seed | ||
$500k Valuation: $10.0m | Early VC | ||
N/A | Seed | ||
N/A | N/A | ICO | |
Total Funding | €682k |
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Recent News about Cartesi
EditCartesi is a blockchain technology company that enables developers to build scalable smart contracts using mainstream software stacks supported by Linux. The company operates in the blockchain and decentralized application (DApp) market, serving developers and businesses looking to leverage blockchain technology for various applications. Cartesi's core products include Descartes Rollups, which offer scalable smart contracts, and Noether, a high-performance side chain for data availability. The business model revolves around providing these advanced blockchain solutions and earning revenue through staking and transaction fees. Cartesi makes money by allowing users to stake their CTSI tokens, participate in the network of validators, and earn rewards. The company aims to enhance computational scalability, data availability, and transaction cost efficiency while maintaining strong security guarantees.
Keywords: blockchain, smart contracts, scalability, Linux, DApps, Descartes Rollups, Noether, staking, validators, CTSI.