Blockchain

App-Specific Rollups Cartesi Announces $1 Million Ecosystem Grants Initiative

January 30, 2024, New York, USA, Chainwire

Developers can receive up to $50,000 USDC per project, plus dedicated technical support, accelerator and investor introductions, marketing support, and project consulting.

Cartesi (CTSI), a per-app rollup protocol featuring virtual machines running Linux distributions, today announced the allocation of $1 million to the Cartesi Grants Program. The program is dedicated to nurturing developer talent and enriching the Cartesi ecosystem by supporting new ideas and dApps, research and integrations, developer tools, and games. Independent developers, founding teams, DAOs, communities and collectives can apply starting Tuesday, January 30th and will have the opportunity to receive up to $50,000 USDC per project, based on community votes. Through this grant program, Cartesi aims to increase the number of long-term contributors and developers building new applications on Cartesi.

Areas of focus:

  • New ideas and dApps: Applications and experiments built using the Cartesi framework that provide value to the broader ecosystem. Cartesi currently supports Complex Voucher., Advanced voucher system for external interactions.
  • Research and Integration: Divided into two tracks, Track 1 focuses on research and solutions that integrate Cartesi technology with other innovative technologies. For example, Cartenix uses the Cartesi VM and Nix packaging system to leverage reproducible builds in a deterministic and verifiable environment. Having this on-chain can provide developers with a much higher level of security and reliability.
  • Track 2 is dedicated to in-depth research on topics identified as important for the development of the Cartesi ecosystem. For example, open source research related to RISC-V, ZK, and Cartesi.
  • Developer tools: Tools that simplify and improve the experience of developers building on top of Cartesi. For example, Drand is a component of a larger set of tools for generating random numbers in Cartesi’s convenience layer. The goal is to create a framework for Cartesi so that web3 developers can easily create dApps using Cartesi.
  • gambling: Games that uniquely leverage Cartesi’s capabilities, including open source games that can be reused and built upon, game frameworks, convenience layers, and other infrastructure contributions. Currently in development, Dazzle is a competitive online puzzle RPG that utilizes Cartesi Rollups and the Cartesi Machine for high-stakes esports-like tournaments.

“This grant program is designed to foster long-term collaboration within the Cartesi ecosystem and increase the convenience and scalability of dApp development for both developers and users,” he said. Hellenstans.eth, Grants Steward of the Cartesi Ecosystem. “The grant program provides financial support and valuable technical guidance to help any developer get their project off the ground.”

Cartesi’s first dApp, Honeypot, launched on the Ethereum mainnet last summer. This dApp is designed to encourage developers to challenge the security of Cartesi Rollups. The honeypot fund continues to grow at a compounded weekly rate of 8% and currently holds a CTSI of 139,861.

The Cartesi Foundation has contributed a total of $1,000,000 to the first two phases of the Cartesi Grants Program. During Round 1, the grant program will allocate up to $500,000 USDC, and may allocate an additional $500,000 USDC during Round 2.

The goal of the Cartesi Grant Program for the first wave is to significantly increase the speed and scale of future grant funding by gathering feedback on the grant process and reducing friction for proposers seeking to apply for grants. Please visit governance.cartesi.io to review the list of projects approved for funding during the pilot period. To learn more and apply, visit the Cartesi Grants Program page on Charmverse.

About the Cartesi Foundation

The Cartesi Foundation is an organization with a mission dedicated to supporting the decentralization of Cartesi technology and the Cartesi ecosystem. The Foundation’s mission is to be a supporting member of the Cartesi community through funding, educational programs, grants, strategic partnerships, and other focused activities. The Foundation is committed to supporting the development of the Cartesi ecosystem. It provides mainstream scalability and convenience to dApp developers and users. To learn more about Cartesi, visit https://cartesi.io/.

About Cartesi

Cartesi is a per-app rollup protocol with virtual machines running Linux distributions, creating a richer and broader design space for dApp developers. Cartesi Rollups provide a modular, scalable solution that can be deployed as L2, L3, or Sovereign Rollups while maintaining strong base layer security guarantees. To learn more about Cartesi, visit https://cartesi.io/.

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