IEO Cartesi will take place on Binance Launchpad on April 22 …

IEO Cartesi will take place on Binance Launchpad on April 22

Stock exchange cryptocurrencies Binance in this Monday announced the following initial exchange placement (IEO) on his Binance Launchpad platform.

Sales campaign tokens Cartesi (CTSI) will take place on April 22. In the 7 days prior to this, from April 14 to April 21, Binance will be fix account balances users in BNB, on basis which will be tickets issued for participation in qualifying lottery.

Binance Launchpad Bills 100 million CTSI with a total issue of 1 billion CTSI. Elementary negotiable the volume will be 192 733 334 CTSI. In total, Cartesi intend to raise $ 1.5 million through IEO. One winning ticket will allow receiving an allocation of $ 200.

Cartesi is developing a “second layer infrastructure for complex and resource-intensive computing in Linux outside of blockchain without prejudice to decentralization. ” Their product Cartesi is positioned as an “operating system for decentralized applications”, which will make their more functional, cost effective, easy to develop and portable.

IEO Cartesi will take place on Binance Launchpad on April 22 ...

IEO Cartesi will take place on Binance Launchpad on April 22 ...

The advantage of this approach for developers is an possibility work in a familiar environment without artificial restrictions with access to your preferred instruments. Decentralized applications can temporarily store data in the Cartesi sidechain based on the Proof-of-Stake consensus algorithm without the need to constantly access the first level of the blockchain.

During closed sales since August 2017 of the year to December 2019 Cartesi raised $ 800 000. New tokens will come into circulation every month at conformity with the following schedule:

Also today, Binance announced the launch of options trades in mobile annex.