Here is my point of view on Cartesi’s current situation and what could be done to optimize several points.
I concur that Cartesi’s utilization should eventually be token-based. However, its unique design, where computation happens off-chain as opposed to other layer 2 solutions that rely heavily on Solidity running on the actual chain, has incited apprehension in some developers due to potential exploit vulnerabilities. Despite measures like the implementation of a honeypot to allay these fears, the concerns persist. Thus, at this point, it would be advisable not to impose additional charges for using the Cartesi VM.
Here’s my proposal– the establishment of sniping type or DEX analysis DApps with Cartesi, categorizing its users into different levels based on their holding of Cartesi tokens. This solution would not only provide users with varying analytical capabilities according to their token holder status but stimulate the demand for tokens and supply a functional DApp accessible by all seamlessly.
On a note, DApps like DEX analysis tools or sniping ones encounter speed limitations when deployed directly onto the blockchain. Utilizing Cartesi for such DApps could underline its superior processing capabilities for applications requiring rapid data management. This solution could potentially solve numerous issues with a single DApp.
This strategy would further multiple goals. It would present a secure, functional DApp, thus, allaying developer apprehensions. It’d demonstrate to the public the variety of DApps it can supply. It would also stimulate the demand for tokens, while not hampering the core growth of Cartesi. Moreover, it would cater for the needs of the average user on top of what Cartesi already provides.
The DEX analysis tool for giving insights coupled with lauchpad is an immortal narrative. it was there in 2017, in 2021, and again this year ever stronger.
Just look at Chaingpt CGPT and one of the projects launched via their launchpad, DEXcheck DCK. DEXcheck features several DEX AI analysis tools: it scans known addresses, matches transactions, creates alerts, and even offers a launchpad that Master tier members holding 100k tokens can access and exclusively purchase new project tokens before their official launch. You can also connect your wallet directly to calls made by the AI via Telegram to automatically purchase tokens in response to certain types of signals. This model works very well. And many products of this type are booming. People want tools like this.
Now, envision a tool akin to DEXcheck on Cartesi, optimized for higher-speed information processing– enabling enhanced analytical capabilities impossible with regular DApps. Paired with a launchpad allowing other Cartesi DApps developers to presell their tokens for project financing, both sniping tools, analysis tools, and launchpads are currently in high demand by average users ever in search for the next hidden gem. Integrating such a narrative within the Cartesi ecosystem would cater to the missing ‘pampamentals’ while augmenting its fundamentals thereby ensuring success. In summary, this formula invites an incredible influx of average users into the ecosystem, who in turn will draw an influx of developers. This model generates demand for the Cartesi token without imposing user fees on developers. Instead, it furnishes a mechanism for developers to finance their projects through users, incentivizing more of them to build on Cartesi because of this funding assurance. I understand that currently, the Cartesi foundation subsidizes select projects. With this proposed model, they won’t need to do so. They can now allocate their budget exclusively towards Cartesi core development and marketing, as the system will transition to a sustainable user-funded model.
Here is a visual and explanatory diagram of its main line with some examples and explaining the benefits of each part of the proposal.