Bybit Arbitrage is a trading tool that simplifies arbitrage trading by capitalizing on funding rate and price differences.

If you're seeking consistent returns with minimal risk, Bybit Arbitrage is the perfect ally.

 This robust tool empowers you to generate regular profits with minimal risks by capitalizing on price disparities across different markets. Its user-friendly interface lets you easily spot and exploit these differences, so that you can execute flawless arbitrage trading in the crypto market with confidence. Read on to learn how Bybit Arbitrage makes arbitrage trading an effortless way for you to achieve low-risk gains.

 is the buying and selling of the same or similar asset(s) at the same time across different markets to earn from slight price deviations. This act of purchasing an asset at a fixed price — while simultaneously selling it at a higher price — allows a trader to instantly make profits without any risks. 

While arbitrage trading has long been a staple in traditional financial markets, such as stock and forex, the advent of crypto trading has propelled arbitrage trading to new heights — thanks to the heightened volatility of the crypto market. Additionally, unlike traditional stock markets, crypto markets are traded 24/7, offering more opportunities for arbitrage traders to reap profits from the price gaps across exchanges and markets. 

 across exchanges or within a single exchange. Keep in mind that if you opt to arbitrage trade across different platforms, accessing your profits may prove to be complex, due to the need to transfer your assets between the exchanges, which can take up to several days to complete. On the other hand, arbitrage trading on a single platform is more straightforward — but more competitive as well.

There are multiple arbitrage trading strategies, but the most common ones in the crypto market include funding rates arbitrage, spot-futures arbitrage and futures arbitrage. 

Funding rates arbitrage allows traders to profit from variations in funding rates between 

 contracts. In contrast, spot-futures arbitrage enables traders to profit from price disparities between the spot and 

 for the same asset. Meanwhile, futures arbitrage involves profiting from price discrepancies between futures contracts with different expiration dates.

Bybit Arbitrage is a trading tool that helps traders identify arbitrage trading opportunities in two ways: funding rate and spread. 

The user-friendly interface organizes trading pairs based on either funding rates or spreads in different markets, so that traders can easily spot disparities in funding rate or price across the markets at a glance. 

Bybit Arbitrage is exclusively available to 

 mode. It facilitates arbitrage trading for USDT Perpetual, USDC Perpetual and USDC Futures contracts, thereby allowing you to enjoy arbitrage trading opportunities between USDT 

Spot pairs and USDT Perpetual pairs, or USDC Spot pairs and USDC Perpetual/Futures pairs. 

The Funding Rate Arbitrage feature exploits differences in funding rates between the Spot and Perpetual/Futures markets on the Bybit exchange. With the Funding Rate feature, traders can earn funding fees while simultaneously managing their positions in order to minimize potential losses and maximize gains through positive and negative arbitrage strategies.

Funding rates for the different trading pairs are listed in descending order. This helps traders to easily leverage the interest rate differential between Spot and Perpetual/Futures contracts.

The Funding Rate feature also allows you to 

 orders (with the same amount, but in different directions) in both Spot and Perpetual/Futures, which enables you to earn funding fees while mitigating potential losses (with potential gains).

holders in Futures/Perpetual contracts pay short position holders. You can leverage this situation by executing a positive arbitrage, which involves

 buying a Spot pair and taking a short position in 

Perpetual to earn steady funding fees. Alternatively, if the funding fee is negative, short position holders pay long position holders. In this case, you would perform a negative arbitrage by shorting a Spot pair and going long in a 

The Spread Arbitrage feature helps traders capitalize on price discrepancies between different markets for the same cryptocurrency asset. With this feature, you can easily compare the market prices of an asset traded across various trading pairs and contracts. While Spread Arbitrage may be similar to spot-futures arbitrage, it offers more arbitrage opportunities since it covers a broader range of markets, unlike spot-futures arbitrage, which targets specific markets

With Spread Arbitrage, the aim is to profit from the eventual price convergence as you buy the crypto asset at a lower price in one market (e.g., Spot) and sell it at a higher price in another market (e.g., Futures). 

As the futures price will eventually align with the Spot price when the contract expires, you’ll be able to take advantage of the simultaneous price disparity for the same asset.

In order to trade with Bybit Arbitrage, you’ll first need to 

. Currently, Bybit Arbitrage is exclusively accessible via the 

 for the web version, which will be launched soon!

Bybit Arbitrage offers multiple advantages.

Bybit Arbitrage is a powerful tool for traders seeking low-risk gains in the volatile crypto market. With its intuitive interface and exclusive features, traders can effectively leverage funding rate and price differences to maximize profits while minimizing risks. Bybit Arbitrage offers diverse benefits that make arbitrage trading more accessible and profitable than ever before.

Beginner

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How to Use Bybit Arbitrage to Achieve Funding Rate and Price Difference Arbitrage

An Ethereum Spot ETF is an exchange-traded fund that tracks the real-time price of Ether and allows investment through traditional stock markets. Learn more.

Earlier this year, the U.S. Securities and Exchange Commission (SEC) gave the green light to a number of Bitcoin Spot exchange-traded funds (

), sparking optimism that similar approval might be extended to Ethereum Spot ETFs. Adding to the excitement, news of Ethereum Spot ETF approval in Asia’s first region has heightened anticipation for a potential approval and launch in the U.S. However, despite the buzz, some industry observers remain skeptical. This article explores the potential impact of Ethereum Spot ETF approval on the broader crypto market.

An Ethereum Spot ETF is an exchange-traded fund that tracks the real-time price of 

 and allows investment through traditional stock markets. It offers investors a way to invest in Ether without having to actually buy or hold the asset itself.

An Ethereum Spot ETF operates by pooling investor funds to purchase Ether, which is held in reserves by the ETF.

Rather than navigating the complexities of 

 and exchanges, investors buy shares of the ETF through regular brokerage accounts, just as they would with traditional stocks. These shares represent a stake in the Ether held by the ETF, providing a simple and regulated way to own Ethereum indirectly.

In order to create ETF shares, authorized participants — usually financial institutions — purchase Ether in exchange for ETF shares of equal value, which are then sold onto the market. An authorized participant can also redeem shares by buying enough ETF shares and exchanging them for Spot Ether and taking those shares away from the market.

As a result, the price of ETF shares tends to fluctuate in line with Ethereum's Spot market price. If it didn’t, there would be an 

 opportunity to profit from any mispricings in the ETF price. However, it’s still theoretically possible for the ETF to trade at different prices simply because of supply-and-demand factors.

ETFs as securities are regulated by the SEC, so an Ethereum Spot ETF provides a regulated product that investors can purchase. By contrast, Spot Ether is being investigated by the SEC to determine whether it should be classified as a security, and currently lacks regulatory clarity. 

This setup offers numerous benefits for investors. It simplifies the investment process, allowing anyone with a brokerage account to invest in Ethereum without setting up a crypto exchange account or managing storage. This can save time and give some investors greater peace of mind. An ETF structure also provides the regulatory clarity that institutional investors need, which can enhance liquidity and trading volumes.

Security is paramount in the realm of cryptocurrency, and the ETF provider takes it seriously. To safeguard Ether holdings, ETF providers employ a combination of 

 and insured custodial services. As a result, they could potentially minimize the risk of theft or loss that individual crypto investors may encounter.

The Ethereum Spot ETF bridges traditional finance (TradFi) and the exciting (but still growing) cryptocurrency space. It offers the security and ease of trading associated with traditional financial markets while opening up investment opportunities in Ethereum for a broader audience.

Both excitement and regulatory scrutiny characterize the current landscape of Ethereum Spot ETFs. Major financial institutions like 

 and Fidelity have submitted applications for these ETFs to the SEC. Still, decisions have been delayed, with the next 

If applicants begin updating their filings by April, this may indicate they’re incorporating feedback from the regulator, which could be interpreted as a positive sign. However, a lack of updates to filings could indicate that the SEC isn’t maintaining the same level of discussions with issuers that led to its 

Another challenge is that the SEC is still investigating whether Ether should be classified as a security, especially since it transferred its consensus mechanism to 

. Earning rewards through staking could meet criteria that determine whether an asset is a security. Ethereum also provides a foundation for 

 (DeFi), which could add to the complexity of the review. 

Analysts' opinions vary regarding the likelihood of ETH ETF approval. One Bloomberg analyst, for instance, 

 chance of approval by May. However, the SEC's recent silence might hint at a less favorable outcome.

The approval of Ethereum Spot ETFs is eagerly awaited because it could mirror the impact of Bitcoin Spot ETF approval, which led to an influx of capital in the market. It would mark a pivotal milestone, likely to attract increased investment and further validate cryptocurrency. The crypto community is closely monitoring these developments, as the coming months will be crucial in shaping the future of Ethereum investment opportunities.

 was recently given to the first Spot Bitcoin and Ethereum ETFs in one of the Asian regions. This landmark decision positions the city as a trailblazer in the Asian financial landscape, embracing the integration of popular cryptocurrencies into mainstream investment avenues.

This milestone has sparked excitement within the crypto community, indicating a positive reception toward digital assets in that region. Analysts believe this move could set a precedent for other jurisdictions to follow, potentially leading to broader acceptance and recognition of cryptocurrencies as a legitimate asset class.

These newly approved ETFs are expected to attract a wave of fresh investors — both retail and institutional — by offering a regulated and familiar investment option for exposure to cryptocurrencies. This growth of interest could increase stability in the crypto markets, possibly influencing the price movements of Bitcoin and Ethereum in the region.

The timing of this approval is noteworthy, considering that the U.S. could also be on the cusp of approval of an Ethereum Spot ETF. If this proactive approach inspires other financial centers beyond the U.S. to consider similar approvals, it will palpably contribute to the global expansion and maturation of the cryptocurrency market.

Current Impact of Ethereum Spot ETF Applications on the Crypto Market

The buzz surrounding Ethereum Spot ETF applications is noticeably affecting the crypto market, particularly Ethereum's price and overall sentiment. Submission of new ETF applications to the SEC has coincided with an 

, pushing it to around $3,700. This uptick reflects the market's optimism and positive sentiment regarding the potential for easier access to Ethereum. However, the market has exhibited some volatility as well, with Ether dropping over 14% in a week in early April. 

Despite these fluctuations, there's a general expectation that ETF developments would significantly impact Ethereum's price dynamics, similar to what was observed with the recent Bitcoin Spot ETF approvals. Moreover, the recent approval of cryptocurrency ETFs has further fueled optimism and positive expectations for increased investment inflows and a broader recognition of cryptocurrencies.

To sum up, the current impact of Ethereum Spot ETF applications on the crypto market is marked by heightened anticipation along with some volatility. Ethereum's price is responding to changes in the regulatory landscape and the potential for broader adoption of cryptocurrency-based investment products.

What Will It Mean if an Ethereum Spot ETF Application Is Approved?

The approval of an Ethereum Spot ETF application by the SEC would mark a significant milestone for the cryptocurrency market, especially for Ethereum. Following are some of the potential benefits.

Drawing parallels to the earlier Bitcoin Spot ETF approvals, some pundits expect an initial surge in Ethereum's price following the expected announcement, reflecting renewed confidence and interest in Ether as an asset. Over the long term, Ethereum Spot ETFs could contribute to growth and stability, similar to the impact that Bitcoin Spot ETFs have had on BTC’s price.

However, there are key differences to consider. The SEC's cautious stance on Ethereum — notably because of its PoS consensus mechanism — could influence the approval process and subsequent market reactions. In addition, Ethereum's unique ecosystem, including its role in DeFi and 

, could lead to different market responses as compared to those following the Bitcoin Spot ETF approvals.

The potential approval of Ethereum Spot ETFs is a crucial turning point for the crypto market, promising easier access, increased investment and greater legitimacy. Although short-term price fluctuations may occur, the long-term effects could echo the positive growth recently witnessed with Bitcoin Spot ETFs, promoting a more mature investment environment for Ethereum.

Intermediate

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Ethereum Spot ETF Approval: Its Impact on Crypto Markets

Grayscale Investments has filed a registration statement on Form S-3 with the SEC to register shares of its Grayscale Ethereum Trust (ETHE) as part of efforts to uplist the trust to a spot Ethereum ETF on the NYSE Arca.

Daily Top Performer — Automata Network (ATA)

The SPX index is up 0.02%, investor focus on earnings and U.S. interest rates continues. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 3.78% and 2.41%, respectively in the past 24 hours.

Today’s outperformer is ATA, which jumped 8.9% after Automata launched Multi-Prover AVS on Eigenlayer Holesky Testnet to boost decentralized security.

Automata Network (ATA), founded in 2019, is a Web3 platform providing private web services for decentralized applications, focusing on secure, anonymous transactions and governance. Key features include a private voting system and MEV minimization to enhance user privacy and security. Automata's Multi-Prover AVS, which utilizes TEE Coprocessors to enhance security, is now available on the Eigenlayer Holesky testnet. This system employs the TEE Prover as a secondary security measure in decentralized systems. Operators, restakers, and developers are encouraged to learn more about this advancement on their website.

Check Out the Latest Prices, Charts, and Data of 

Grayscale Investments, the world's largest crypto asset manager, has filed a registration statement on Form S-3 with the SEC to register shares of its Grayscale Ethereum Trust (ETHE) as part of efforts to uplist the trust to a spot Ethereum ETF on the NYSE Arca. This filing follows NYSE Arca’s application and is a crucial step in the regulatory process required for offering shares continuously upon approval. The shares will not be sold until the registration is declared effective, and this offering is subject to the Securities Act of 1933. Grayscale emphasizes that the trust, not registered under the 1940 Act, involves high risk and volatility, is focused solely on Ethereum, and does not offer direct investment in Ethereum.

BlackRock's spot bitcoin ETF, IBIT, has significantly impacted the firm's overall ETF flows, comprising 24% of its total. Eric Balchunas, Bloomberg's Senior ETF Analyst, highlighted the fund's success during a panel on Hong Kong's newly approved spot crypto ETFs. Since its launch in January, IBIT has attracted consistent inflows for over 70 days, accumulating more than $18 billion in assets under management and becoming one of the most successful ETFs in history. The IBIT fund is second only to Grayscale's ETF in terms of assets but has seen remarkable trading volume along with other spot bitcoin ETFs, totaling nearly $230 billion.

Gamium, supported by Parachain Ventures, DAO Maker, and Mr. Beast among others, has its token $GMM listed on major exchanges with a fully diluted valuation of around $43M. The platform is promoting a beta points airdrop to reward early users, where participants can sign up and earn points through various activities like launching an MST, trading, daily logins, and referrals. Details on point earning and distribution are available in a dedicated blog post. However, potential users are cautioned to research due to the inherent risks associated with DeFi protocols and trading.

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Grayscale Files for SEC Registration to Convert Ethereum Trust into a Spot ETF on NYSE Arca

Sharky is a Solana-based lending and borrowing DeFi solution that utilizes NFTs as loan collateral.

Cryptocurrency lending and borrowing has always been a prominent niche of the decentralized finance (

) industry, championed by platforms like Aave (

). A much rarer variant of DeFi borrowing and lending is based on non-fungible tokens (

Sharky.fi, or simply Sharky, is a Solana-based lending and borrowing protocol that uses NFTs as collateral to facilitate the DeFi processes on the network. By putting up NFTs as collateral, users can borrow funds via short-term loans in Solana's native SOL tokens. For lenders, the platform is also a great way to earn high APY rates in just 7 to 14 days, while having their loaned funds protected by the NFTs.

Having established itself as the leader of NFT-based lending and borrowing on Solana, the Sharky project has ambitious plans to integrate two more highly popular crypto asset types — Ordinals and real-world assets (RWAs).

 (SHARK) is a lending and borrowing app on the 

 (SOL) blockchain that lets users provide NFTs as collateral to access short-term loans in SOL tokens.

 Lenders can view NFTs offered as collateral, and make loan offers secured by their preferred NFTs.

Although Sharky's public launch on the Solana mainnet dates back to April 2022, the platform operated without its 

, SHARK, for its first two years in the market. The SHARK token was eventually launched in mid-April 2024.

Using its innovative business concept, Sharky quickly established itself as the leader of NFT lending. According to the project’s team, Sharky has a 90% share of the NFT lending market on Solana and has issued more than 1.4 million NFT loans.

Following the recent launch of its SHARK token, the project aims to integrate additional crypto asset types in the future. These include 

 (RWAs). Another ambitious product type considered for future implementation on the platform is uncollateralized consumer loans.

As a lender on Sharky.fi, you can browse NFTs from a variety of collections offered on the platform and make a loan offer for potential borrowers. The collections available on Sharky include the platform's own 

 collection, Mad Labs, Solana Monkey Business (SMB), Tensorians, Namaste and more. Lenders’ offers are shown to potential borrowers on the platform, who then choose the best offer based on their borrowing needs.

The NFT provided by the borrower is used as collateral, and the lender makes their funds available in SOL tokens. Lenders earn interest on the funds, with the loan duration typically between 7 and 14 days. Interest rates, naturally, will vary depending upon on-platform activity. Usually, 

 for active loans range between 120% and 220%, though they can go up to 360%. As such, Sharky loans are an excellent way for lenders to earn some serious interest quickly. If a borrower fails to repay the loan in full, the NFT used as collateral is transferred to the lender.

For borrowers, the Sharky platform is an excellent opportunity to access SOL funds for short-term needs quickly and flexibly using their NFTs, rather than cryptocurrency, as collateral. The best part of the platform's borrowing mechanism is that you remain in possession of your NFT during the loan period as a borrower. While your NFT is used as collateral, its ownership isn't transferred to the lender while the loan is active. The ownership transfer may only happen at the end of the loan period if you fail to repay the loan in full.

Maintaining the ownership of your NFT allows you to keep using it on various DeFi and other apps for purposes such as staking or satisfying 

 eligibility requirements, among other potential uses.

Sharx is the platform's own NFT collection. One of the most popular collections used in Sharky's lending and borrowing operations, sharx is made up of 10,111 adorable shark characters. Purchasing a sharx NFT not only opens up borrowing opportunities but also entitles you to upgrade or boost your Chowder points, rewards that are used in Sharky's loyalty program. 

As a sharx holder, you're entitled to the airdrop of Sharky.fi’s governance token, SHARK, and you can also stake sharx to earn FISHY tokens.

The newly launched SHARK token is envisioned as the platform's governance asset, with a total supply of 100 million. As of the time of writing in late April 2024, only some specific details on the actual governance processes powered by SHARK are available. Thus, the token's actual use in on-platform governance is expected to be outlined in the future.

SHARK will be airdropped in two phases, with 4.25% set aside for the first phase and 3.5% for the second. Of the former, 70% is allocated to its community, with the remaining 30% is distributed to partner communities. Meanwhile, the second phase is held as a staking pool event with a lockup duration of 30 to 60 days exclusively for OG, new users and sharx holders.

 of Sharky. Unlike the brand-new SHARK token, FISHY was issued back in 2022 at the start of the platform's operations. FISHY can be earned by staking sharx NFTs, accumulating reward points and participating in Sharky's social media campaigns. The token can be used to boost sharx NFTs, which in turn can earn you additional Chowder points. FISHY also gives you access to NFT raffles and auctions held on Sharky.

The SHARK token can be bought on Bybit through a Spot pair with USDT (

). Additionally, you can also take part in Bybit's current campaigns for the token for the chance to grab a share of the 

, which includes a Token Splash event featuring 456,000 SHARK through Apr 30, 2024, 9AM UTC, and a Lucky Draw with 58,000 SHARK in rewards through Apr 30, 2024, 9:59AM UTC.

Lending and borrowing using NFTs as collateral is a novel concept that has earned Sharky leadership positions in this niche. As more platforms adopting this business model emerge, the competition in the field is likely to intensify. However, as of now, Sharky remains the absolute leader of the Solana-based NFT lending and borrowing market. 

As NFTs experience a resurgence in popularity following the post-2021 dip, DeFi solutions that make innovative use of these assets, such as Sharky, stand to benefit. Later in 2024 and beyond, we’ll likely hear more about NFTs being used as legitimate collateral in crypto finance — a new trend helped to no small degree by the Sharky platform.

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Sharky.fi (SHARK): The Decentralized Platform for Instant NFT Loans

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Altcoins

Cartesi is a Layer 2 infrastructure that facilitates the development of DApps on the blockchain using Linux. Find out more about how it works in this article.

Since the inception of cryptocurrency, software developers have used blockchain-specific programming languages to build a variety of apps on the 

 offers an easier alternative to creating 

 (DApps) on the blockchain using the mainstream language 

This article explores the potential use of Cartesi and explains why the CTSI token is worth investing in.

Cartesi is a decentralized Layer 2 infrastructure that facilitates the development of DApps on the blockchain using the well-known Linux programming environment.

It's also said to be the first operating system on the blockchain because it bridges the gap between mainstream software and 

The infrastructure incorporates both on-chain and off-chain components to solve problems associated with scalability. In addition, its network nodes are blind to the blockchain, which means that Cartesi's DApps-building platform can be used across multiple blockchains.

Since most software developers have some Linux-programming experience, they can code scalable smart contracts on Cartesi with the use of rich software tools and services they are used to. Ultimately, this knowledge transfer will help accelerate the development of 

The project is the brainchild of four aspiring individuals: 

Originally conceived as a trustless artificial intelligence marketplace, it evolved into a blockchain OS when Chief Operating Officer Augusto Teixeira convinced his experienced friend 

 to invest in the infrastructure. One of the co-founders of the 

 foundation, Popov also acts as an advisor to the founding members of Cartesi.

Cartesi's co-founders have experience in startup space and software development; for example, CEO Erick de Moura previously worked as a software developer, designer and engineer.

As part of the initial offering, 100 million CTSI tokens were sold in April 2020. The IPO fetched $1.5 million for the project. Besides the IPO, Cartesi has also received funding from various prominent sources that include 

Governed by the Cartesi Foundation, the project aims to increase ecosystem and network adoption. Its co-founders, partners and community members will all play their respective roles in the evolution of the project.

At this time, the co-founders have a majority stake in the decision-making process. As the project matures, the foundation will gradually decentralize the government.

Calling itself “the first blockchain operating system,” Cartesi lets developers utilize the capabilities of Linux to build DApps for blockchain. In other words, Cartesi bridges the gap between mainstream software and the smartchain. Since everything from supercomputers to smartphones utilizes Linux, building an app using the Linux platform and running it on the blockchain sounds like an interesting proposition.

Using Linux also offers developers the opportunity to perform intensive computations otherwise not available through traditional blockchain resources. By relying on the processing power of Linux, Cartesi enables developers to access every tool designed for Linux in the last two to three decades.

As explained earlier, the platform uses a combination of off-chain and on-chain components. Here is a brief overview of these components and their prominent features:

 is a groundbreaking virtual machine that can run a full-fledged Linux operating system. It's used to implement DApp calculations off-chain. DApps running inside the Cartesi Machine can seamlessly process a virtually unlimited amount of data. By moving most of the DApp logic inside the machine, developers are free from the limitations imposed by a typical blockchain.

The level of knowledge required to interact with the Cartesi Machine depends on the complexity of the DApp. A simple application may require only a few steps. In contrast, you will need to understand the hash-based state manipulation primitives to run high-end apps.

Cartesi offers its own version of optimistic rollups. 

 is a Layer 2 system that lets the blockchain provide data availability and order input data. It can also bridge tokens between Layer 1 and Layer 2, and resolve disputes.

Using an interactive fraud-proof mechanism, Cartesi Rollups require only a single instruction to distinguish between an honest and a misbehaving element. Just like other components, Cartesi Rollups achieve scalability by moving the bulk of computation off-chain.

 sidechain decreases the data load by storing the bulk of data off-chain. It helps developers use more data than the existing 

 layer and other base layers. When the data is no longer needed, Noether deletes the data to save space, creating greater efficiencies in the long term. This also results in reduced 

 is a simple infrastructure that developers can use to run computations that otherwise are too expensive to execute.

On a traditional blockchain, computations are run by every full node on the network. However, in the case of Descartes SDK, DApp participants verify computation off-chain, which eliminates a transaction fee. The blockchain is used only if participants don't agree with the results, and when it’s used, the transaction cost of performing such computations is negligible.

The main purpose of the Cartesi project is to introduce a blockchain platform that’s similar in scope to traditional platforms.

Just like the standard platform interface, Cartesi DApps are composed of a front-end and a back-end part. The front end can be UI or a command-line interface. Similarly, the back end comprises verifiable logic that runs inside the Cartesi Rollup infrastructure.

Another way that Cartesi is unique is that it allows developers to use their mainstream environment for more than 90 percent of their work. As blockchain or Cartesi-specific procedures are seldom required, the learning curve involved in the creation of DApps on the platform is negligible.

Cartesi blockchain OS aims to bring the scalability and power of mainstream software development to the blockchain, which is why many developers have used it to build highly immersive applications. Take a look at some examples:

 is an IoT commercial building control system that helps occupants reduce their carbon footprints. The project is part of the incubation program launched by Cartesi. It lets users set targets to lower their energy impact.

 is a virtual marketplace designed for eSports lovers and simulated racing fans. The decentralized marketplace will enable you to sell and purchase 

 racing assets. You can own your car and parts, which are represented by NFTs. SimThunder uses Cartesi's Descartes SDK to ensure the safety and privacy of digital assets.

 Developed using the Cartesi blockchain OS, 

 is a decentralized package manager that allows developers to share and store data components in a way that lets other developers reuse their work.

A maximum of 1 billion CTSI are in circulation and, according to the CTSI Foundation’s April 2022 report, approximately 604 million of these are unlocked. The total supply will be gradually unlocked until April 2024.

The supply distribution of tokens is divided into eight parts: launchpad sale, mining reserve, foundation reserve, seed sale, private sale, strategic sale, team and advisors.

 The 10 percent launchpad token sale was initiated on Binance Exchange in April 2020.

 Mining reserve tokens comprise 25 percent of the total supply. These are reserved for rewarding mining operations. You can read a detailed transparency report

 Almost 40.22 percent of tokens are allocated to this fund. These tokens are used for the continued research and development of the Cartesi blockchain operating system. The foundation will also use them for marketing, community-based objectives, business operations, development grants and legal expenses.

 Two percent of the total supply is dedicated to seed sale, which is scheduled to occur every quarter until October 23, 2022.

 Comprises 5 percent of the total CTSI token supply.

 The strategic sale comprises only 0.67 percent of the entire allocation. This has been 100 percent allocated.

 Team tokens make up 15 percent of the entire supply. Approximately 4.29 percent of the 15 percent has already been allocated through two previous unlocks.

 Tokens dedicated to advisors are 2.11 percent of the total token supply. As of this writing, six advisors are on the Cartesi team.

 of Cartesi blockchain OS defines how it delivers sustainable performance in the long run. Based on the existing analysis, it seeks to develop effective protocols and infrastructure for the foreseeable future.

According to executive management, the road map is mainly designed to improve the information flow between Cartesi’s primary contributors and its community. Accordingly, the existing road map defines four milestones:

The completed first milestone included basic deliverables critical to understanding the concept and managing the infrastructure. This phase supported the implementation and testing of full DApps, literature, and setting up simple DApp examples for developers.

Still in progress, the second milestone helps developers deploy applications on the 

 Testnet. Polygon is elected for the Cartesi Rollups’ first version because it’s cost-efficient and offers high performance. 

At this time, the team intends to design and test the Cartesi node infrastructure, as well as review and re-factor features such as voucher execution. Periodic functionality tests and resolution of essential issues will further contribute to the overall improvement. In the future, the rollup will be integrated with other chains.

Also in progress, the third milestone includes the official release of HTTP API documentation and testing. In this phase, the management seeks to offer economic incentive for validators using a Cartesi validator node. Incentives will be paid in CTSI.

In addition, the third milestone also seeks support for packaging and deploying DApps to local and remote networks, including comprehensive SDK documentation.

The final milestone is contingent upon the completion of the third milestone. Tasks awaiting execution include final test, auditing and Mainnet deployment.

If you'd like to invest in the Cartesi project, keep in mind that the road map isn’t final. As executive management seeks to compile a definite plan, they will offer frequent updates. In the future, you may see a revised version of the road map that community members can access and update.

The token was first released in April 2020 on Binance Exchange. Since the initial launch, the price trajectory has somewhat followed the overall crypto market. During this time, CTSI price peaked at $1.75 in May 2021.

It's been said that CTSI experiences a slight rise in its value when a new set of tokens is unlocked. While the pattern may not entice investors looking to invest in the long run, it's something you may want to keep an eye on.

Due to the fluctuation in price, uncertainty in global markets, and regulations, predicting the price of crypto is a difficult task. However, everyone agrees that some projects will stand out over the long run. Cartesi certainly falls in this category as it offers a unique proposition to the crypto community.

Having said that, you can expect the CTSI price to double within the next twelve months, if the crypto markets continue to gain traction. This projection is consistent among analysts. The medium-term trend is also encouraging; however, don't expect the price to skyrocket in two or three years unless there is another crypto boom.

Investing in CTSI will pay off in the next seven to ten years. If the crypto market continues to yield stable returns, there’s no doubt that 

You can buy CTSI tokens from a variety of online exchanges, including Bybit. Simply 

 with your email or mobile phone. Depending on your preference, you can register either on the desktop or mobile app.

Bybit is one of only a few crypto exchanges where CTSI is traded as perpetual contracts, which are derivatives without an expiration date or settlement. In other words, you can trade them as easily as any other financial instrument, including the ability to use very high leverage.

To buy CTSI, you need to deposit a certain amount to the Bybit exchange. There are multiple ways to do it. The easiest method is to deposit USDT using one of a variety of payment methods. Here are the steps:

Depending on where you live, you will be presented with multiple options to buy USDT at the existing rate.

Choose from a variety of payment options that may include bank transfer, credit card, Google Pay and local payment merchants.

Once USDT is deposited in your account, look for the CTSIUSDT pair under the 

An investment is only as good as its underlying fundamentals. If you want to invest in crypto, you need to review its unique selling proposition, road map, major investors, the team behind the project and the community.

Based on what we've learned so far, CTSI is definitely worth a place in your portfolio. It's impressive because Cartesi bridges the gap between mainstream software development and the blockchain. Similarly, it has a very experienced management team, as well as astute advisors. All of these people come from software and academic backgrounds with years of development experience behind them.

As discussed already, there is a clear road map and there are guidelines for everyone to follow. Everything from documentation to testing and implementation is working according to plan. The development is marked by regular investment from high-profile firms from around the globe. Finally, everything is backed by a highly active community that seems keenly interested in the latest development.

Cartesi is built on a concept that will decisively impact the development of DApps on blockchain. Prior to Cartesi, everyone used 

 as the only object-oriented language for implementing smart contracts. Now Cartesi has changed the DApp landscape by empowering developers to use a mainstream programming language.

These developments are enough to make Cartesi one of the most inspiring projects in the crypto space. This also means that the existing price of Cartesi is irrelevant, because it doesn't portray the upside potential of CTSI. As long as investors are willing to contribute to the project, Cartesi is a future gold mine.

If you're ready to invest in a crypto project, Cartesi is a mouthwatering prospect. While much is going on in the crypto space, very few projects pack a punch, and Cartesi is one of them.

Cartesi (CTSI): Build Revolutionary DApps on a Blockchain OS

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards