Cartesi Labs is Collaborating with PAID Network

Cartesi is collaborating with PAID Network to support launching Cartesi Labs’ projects

Colin Steil
Cartesi
3 min readJun 10, 2021

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We’re pleased to announce another collaboration for our recently launched $1M US ecosystem fund, igniter, and accelerator: Cartesi Labs. Cartesi Labs will be collaborating with PAID Network.

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

PAID Network’s launchpad, Ignition, aims to foster the ecosystem of applications running on various blockchains through nourishing startups and connecting projects to its community for initial funding and a token launch. The Ignition launchpad is a great environment to fast-track projects that have high potential. Ignition is currently launching projects based on Ethereum and is now integrating Binance Smart Chain with more to come.

Cartesi Labs’ Growth through PAID Network

Cartesi Labs is a division of Cartesi specifically designed to help develop projects that utilize the Cartesi infrastructure.

The collaboration will provide an additional avenue to accelerate Cartesi Labs’ project’s growth. Cartesi Labs projects that have high potential will have the opportunity to be fast-tracked towards launching on PAID’s Ignition launchpad. In addition to this, Cartesi and PAID will explore marketing opportunities together such as running high-level panels that will highlight participating projects, as well as feature special guests from the industry. Longer-term, Cartesi Labs and PAID will evaluate becoming joint investment partners on projects that enter Cartesi Labs’ accelerator program. Cartesi Labs and PAID will also evaluate the integration of the PAID Mainnet and its services into the Cartesi Ecosystem.

We are excited to add an additional collaboration for Cartesi Labs, ever-expanding our ecosystem as we approach key milestones that will see the adoption of Cartesi’s tech, ultimately decentralizing the world.

About PAID Network

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts to execute DeFi transactions and business agreements seamlessly.

PAID streamlines backend legal operations with SMART Agreements, so that projects can focus on making their brand bigger and better.

About Cartesi

Cartesi is a multi-chain layer-2 infrastructure that allows any software developer to create smart contracts with mainstream software tools and languages they are used to while achieving massive scalability and low costs. Cartesi combines a groundbreaking virtual machine, optimistic rollups and side-chains to revolutionize the way developers create blockchain applications.

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