The Cartesi Foundation announced a $500,000 CTSI token buyback program

DailyNews

2025-04-09 04:43:26

Abstract generation in progress

Odaily News Cartesi Foundation recently announced a strategic buyback of no less than 500,000 USD in CTSI Tokens on the open market. According to the announcement, the buyback plan will adopt a gradual implementation strategy, and the foundation will flexibly adjust the purchasing rhythm based on market conditions. All repurchased Tokens will be included in the foundation for long-term holding management. As a modular blockchain protocol, Cartesi provides developers with a complete Linux environment and high-performance Rollup technology, aimed at supporting the next generation of decentralized applications. By integrating Linux, the Cartesi virtual machine enables developers to leverage programming languages, tools, and code libraries that have been tested in real-world scenarios for decades to build DApps. Cartesi provides each DApp with an independent Rollup layer and dedicated computing resources, enhancing computational scalability while ensuring that decentralization, security, and censorship resistance are not compromised.

CTSI-10.19%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.