news 
Cartesi Foundation Initiates $500,000 CTSI Buyback Program
In a recent announcement, the Cartesi Foundation revealed its decision to initiate a buyback program worth $500,000 in Cartesi (CTSI) tokens. This strategic move demonstrates the foundation’s commitment to supporting the project and fostering further ecosystem growth.
The foundation will allocate treasury funds to purchase CTSI on the open market without prior notice, with multiple market buys expected to be made until the target amount of at least $500,000 is reached. The acquired CTSI tokens will be held in reserve by the foundation for future development initiatives aimed at stimulating further growth within the ecosystem.
Cartesi’s blockchain ecosystem is specifically designed to bridge the gap between Web2 software and Web3 infrastructure, providing developers with a powerful modular blockchain protocol that offers high-performance rollups and a full Linux environment. This technology has significant potential to accelerate blockchain adoption and mainstream recognition.
The CTSI buyback program serves as a clear signal of confidence in Cartesi’s team and their technology, indicating the foundation’s dedication to driving innovation within the project. By actively supporting the CTSI token through this initiative, the foundation aims to create a strong foundation for further ecosystem growth.
Stay tuned for more updates on the development!
Source: https://u.today/cartesi-foundation-initiates-500000-ctsi-buyback-program
