• Cartesi launches Community Grants Program to fund developers and expand their ecosystem.
• Program provides financial support, technical and strategic advice to successful applicants.
• CTSI token holders can signal approval or disapproval of the proposed grants.
Cartesi Launches Community Grants Program
Cartesi (an application-specific rollup execution layer with a Linux runtime) has launched its Community Grants Program for developers looking for support to get their ideas off the ground. This community-driven program seeks to help build and expand the Cartesi ecosystem by providing financial assistance, as well as valuable technical and strategic advice for successful applicants, in order to ensure the success of projects growing within the Cartesi ecosystem.
Signalling Approval with CTSI Token
The launch of the Cartesi Community Grants Program also ushers in a new governance function for Cartesi’s token, CTSI. The Foundation’s decentralized ecosystem will use CTSI as a way for community members to signal approval or disapproval of grants that are proposed. This allows the community to influence what is being funded and built on Cartesi tech, and more easily connect with builders in the Cartesi ecosystem.
Request For Proposals (RFPs)
In addition to developers submitting their ideas, the Foundation will periodically publish Requests for Proposals (RFPs) for projects they feel are particularly relevant and impactful to the overall ecosystem. Developers can then refine their proposal with feedback from fellow community members prior to submitting it for funding consideration.
Building an Ecosystem
By harnessing the power of both developers and token holders alike, this program actively works towards building a strong decentralised ecosystem around Cartisi technology. It allows users not only access funding but also invaluable advice from experienced members of their own communities who have already achieved success in developing similar projects on other platforms before transitioning them into the more secure environment offered by Cartesis Rollups.
The launch of this grant program marks an important milestone in creating an open source platform that is geared towards helping developers create groundbreaking projects that push blockchain technology forward through increased decentralization and increased collaboration between its user base – ultimately creating a better future for Web3 enthusiasts everywhere!