Cartesi Launches Community Grants Program: Funding Decentralized Projects!
• Cartesi launches Community Grants Program to fund developers and grow the ecosystem.
• Program provides not only financial support, but also technical and strategic advice.
• CTSI token will be used as a way for community members to signal approval or disapproval of grants.
Cartesi’s 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, and for Web3 enthusiasts interested in helping shape Cartesi’s developing ecosystem. This program is a community-driven effort dedicated to funding a broad network of contributors to build and expand the Cartesi ecosystem. It provides developers not only with financial support, but also with invaluable technical and strategic advice that can ensure project success within the Cartesi ecosystem.
Governance Function Utilizing CTSI Token
The launch of this program also ushers in a new governance function for Cartesi’s token, CTSI. The decentralized ecosystem of the Cartesi Foundation will utilize CTSI as a way for community members to signal approval or disapproval of any proposed grants. With this, the community can influence what is funded and built on Cartesi tech while connecting with builders in its own ecosystem through collaboration with any projects being built or funded.
Cartesi Rollups is an application-specific execution layer that elevates simple smart contracts to decentralized Linux runtimes. It allows developers to launch highly scalable rollup chains and code decentralized logic with their favorite languages and software components.
The launch of Cartesi’s Community Grants Program marks an important milestone in providing increased involvement from its community while decentralizing control over its projects through utilizing the power of its token, CTSI. Developers have access not just to funds but also technical guidance so they can refine their proposal into something viable within the growing Cartsi Ecosystem.