Cardstack CARD ICO: Next Gen Blockchain Application Marketplace?
Cardstack describes itself as “the experience layer of the decentralized internet.” Find out what that means today in our review.
What Is Cardstack?
Cardstack,
found online at Cardstack.com, is an open source framework and consensus
protocol that aims to make blockchains usable
and scalable for the mass market. The end result is a decentralized software
ecosystem capable of challenging today’s digital superpowers.
Cardstack
sees itself as a leap forward for blockchain at every layer of the software
stack. It provides a toolset unlocking the potential of the decentralized
internet for everyone.
The
ecosystem uses CARD tokens to
reward network participants. Miners, meanwhile, provide network analysis in
order to fairly distribute CARD tokens to participants – including the
developers who create services for the Cardstack ecosystem.
What Problems Does Cardstack Seek To Solve?
Today’s
centralized tech giants – mega corporations like Facebook, Amazon, and Google –
force users into silos, then capture the value users create.
Cardstack
wants to break down app silos in favor of an open, digital world.
With Cardstack, end users can mix and match features from multiple apps or
decentralized apps without worrying about a mess of separate cloud
subscriptions or utility tokens.
Basically,
Cardstack wants to create an adaptable framework that breaks down today’s data
silos, creating a more permissive future for the internet.
How Does Cardstack Work?
Cardstack
allows users to mix and match features from multiple apps or DApps without
worrying about a mess of different subscriptions. Users can also design new
workflows where they join different services together across different layers
of the internet. Protocols like this aren’t possible in a centralized version
of the internet.
Cardstack
does all of this with its composable design paradigm, which turns units of
information into bite-sized, encapsulated cards. These cards can be expanded,
embedded, attached, chained, triggers, versioned, cloned, approved, rescinded,
or saved forever.
Developers,
meanwhile, can build on Cardstack using the Cardstack Framework, a
comprehensive SDK that facilitates the creation of card-based blockchain apps.
Developers can build anything using modular narrative and discovery containers.
They can easily construct custom workflows using the Cardstack Hub, for
example, which organizes data and value transfer across multiple blockchains
and the cloud.
The
Cardstack ecosystem revolves around the use of the Cardstack token, or CARD, an Ethereum-based ERC20 token. When a user spends
CARD, it seamlessly forms smart contracts between the user and their chosen
apps before getting staked into a reward pool. Pooled tokens are periodically
distributed to the creators of apps based on anonymized usage data tracked by
the smart contracts.
Miners
can also participate in the Cardstack ecosystem. Cardstack analytic miners help
calculate the reward function of who gets paid out what.
The
brains behind Cardstack’s ecosystem is its consensus mechanism called Tally.
Tally aims to create a more scalable blockchain solution using cryptographic
proof of usage messages that are efficiently validated and aggregated off-chain
before reporting the final payment splits back to the smart contract on-chain,
dramatically improving the experience and reducing demands on the Ethereum blockchain.
This avoids problems like long wait times, rising costs, and absurd resource
expenditure.
The
end result is that Cardstack aims to lay the foundation for the mass market
adoption of blockchain technologies.
Technology
Cardstack is a
leap forward for blockchain at every layer of the software stack — providing a
toolset that unlocks the potential of the decentralized Internet for everyone.
Cardstack Features
Cardstack’s
core features include:
App Framework:
The
Cardstack framework is a comprehensive SDK for building powerful, cohesive
blockchain applications. The core of the framework is the Cardstack Hub, which
organizes data and value transfers across multiple blockchains and the cloud.
Aggregation Protocol:
Cardstack-powered
decentralized apps can tap into the Tally consensus mechanism, which gives
DApps the power to perform complex computations to organize large networks of
users. This is ideal for batching payments, counting votes, and rewarding good
work without unnecessarily flooding the network.
Ecosystem Token:
Developers
can monetize any Cardstack-based apps using smart contracts powered by the
Cardstack token, or CARD. The Ethereum-based ERC20 token is designed to fairly
reward Cardstack developers based on their contributions to the platform.
Benefits Of Cardstack
For Users
End
users can benefit from Cardstack in all of the following ways:
·
Mix
and match multiple decentralized apps and cloud apps
·
Create
new workflow and app combinations using the Cardstack Hub
·
Use
a single token (CARD) to create retainer agreements with all of the services
you need
·
Keep
your data sovereign or send it anywhere with the Cardstack card-based user
experience
·
Get
started quickly with fiat currency, with no cryptocurrency experience
required
For Developers
·
Developers
can build on Cardstack to enjoy powerful advantages like:
·
A
comprehensive SDK allowing the creation of powerful, beautiful, extensible apps
·
Access
a deep library of powerful drop-in functionalities
·
Improve
app experiences using Cardstack’s off-chain aggregation
·
Get
paid fairly by the Cardstack community-run payment and governance algorithm
·
Get
reimbursed for material costs
·
Keep
things 100% open source
For Analytic Miners
·
Analytic
miners can contribute to the platform to earn benefits like:
·
Perform
the useful work of powering
community-run algorithms that create a fair distribution of wealth
across the Cardstack network
·
Help
protect the system against outliers, bad faith actors, and spam
·
Earn
compensation in the form of Cardstack tokens (CARD) that can be held or
circulated back into the ecosystem
·
Get
compensated via a fair sortition scheme that prevents any one single party from
controlling reward functions
Who’s Behind Cardstack CARD?
Cardstack
is led by Chris Tse (founder and head of product). Chris is a technologist and
designer who has been working to humanize blockchain technology since its early
days. He founded Cardstack in 2014. He also co-founded blockchain companies
Monegraph and Dot Blockchain Media.
Today,
the Cardstack team consists of a group of blockchain architects and open source
contributors seeking to build the experience layer of the decentralized
internet. A full list of contributors can be viewed online at Cardstack.com.
Cardstack CARD ICO Conclusion
Cardstack
aims to create an economically-sustainable software ecosystem that avoids the
problems of today’s centralized platforms. It’s an “experience layer” for the
decentralized internet of the future, allowing users to combine services across
cloud apps and decentralized apps. The ecosystem revolves around the use of
Cardstack tokens, or CARD.
CORETEAM
Cardstack Contributors
Information:
Web: https://cardstack.com/
Web: https://cardstack.com/
Telegram: https://telegram.me/cardstackTwitter: https://twitter.com/cardstack
Github: ttps://github.com/cardstack/cardstackMedium: https://medium.com/cardstack
Author: Vincent
Admin Group Airdrop & ICO: https://www.facebook.com/groups/174689159952121/
Admin Group Airdrop & ICO: https://www.facebook.com/groups/174689159952121/
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1190609
Myetherwallet: 0x5A68BedC4609AB68a2f14CD610B06786983Fe804
Myetherwallet: 0x5A68BedC4609AB68a2f14CD610B06786983Fe804
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