Cardstack

Category: CryptocurrencyPlatformSoftware

About

The Experience of the decentralized Internet

Cardstack — the application framework and the team behind it — is ready to organize this community, in order to build an alternative app market with open-web technologies, guided by the open-source ethos and enabled by a one-in-a-generation breakthrough of blockchains. The Cardstack Foundation is a non-profit foundation based in the Canton of Zug, Switzerland. Its goal is to promote and develop the Cardstack software, architecture, protocol, and applications. The Foundation can support and finance research and development activities that promote the Cardstack software, architecture, and protocol.

Whitepaper

Contacts

CARDSTACK FOUNDATION

Switzerland

Financial distribution

40% AVAILABLE FOR PUBLIC
8% AIRDROPS
20% CARDSTACK FOUNDATION RESERVE
15% CARDSTACK SYNDICATE & TEAM RESERVE
7% ADVISORS & AGENCIES
10% ECOSYSTEM INITIATIVES

Team

Board of directors

Chris Tse
FOUNDING DIRECTOR

Team

Ed Faulkner
LEAD DEVELOPER
Hassan Abdel-Rahman
SR. BLOCKCHAIN DEVELOPER
Justin Thong
DATA SCIENTIST
Ken Rossi
UX LEAD
Chris Gardella
LEAD DESIGNER
Wilfred Chan
MANAGING EDITOR
Will Bagby
SENIOR DEVELOPER
Aaron Sikes
SENIOR DEVELOPER
Alex Speller
SENIOR DEVELOPER
Venkat Dinavahi
DEVELOPER
Maximillian Kirchoff
INTERACTION DESIGNER
Isla Bell Murray
INTERACTION DESIGNER
Jacqueline Thong
HEAD OF OPERATIONS
Balint Erdi
SENIOR DEVELOPER
Katrin Nusshold
EDITOR
Anne Wright
EVENT PRODUCER
Steve Bobrov
SR QA ENGINEER

Ratings and reviews

TokenDesk rating
8.8
Reviewed and rated by
0 experts|0 members
TD team
8.8
Vision
9
Product
8
Team
9
Profile
9
TD team
8.8
Vision
9
Product
8
Team
9
Profile
9
Tokendesk team Admin
8.8
Vision
9
Product
8
Team
9
Profile
9

Vision: According to CardStack founder Chris Tse – application market faces several problems: too much of standalone apps, huge variety of subscriptions, each decentralized application have different token, as a solution for it CardStack decided to break down silos. CardStack  proposes a new economic model for funding and sustaining the software. New  model distributes rewards equitably  between  the creators of the software and the open-source communities supporting them. CardStack aim is  to create an open-source framework and consensus protocol that will make blockchain more usable and scalable for the mass market

Product: CardStack aims to deliver decentralised orchestration layer of the decentralised internet which will inter-connects services on cloud and on blockchain. Cardstack mobile and desktop applications  ‘CardStack Hub’ will work as a connector between applications and services.  Idea of the projects is unique, however it can be hard to understand the idea of the project for ordinary investor without the knowledge of IT, also  the roadmap looks very messy and it’s really hard to understand it, also according to the roadmap Network ready for business  will be at the end of 2019, it looks very long to wait and can scare some of investors.

Team: CardStack team consist of 18 team members and the majority of team are experienced front-end developers, also team includes engineers and designers. Assuming that we can see that CardStack have a strength  to deliver their promises. Developers have been involved in different projects which includes also includes blockchain. Lead developer – Ed Faulkner have not only good working experience, but also have a Master degree in computer science, which is a good sign. Founder director – Chris Tse have experience with blockchain and we can see his huge experience in business. To sum up, team looks really good with a good working experience and a plenty of developers, however we can’t see any advisors at all, that can create difficulties to attract retail investors.

Token structure: CardStack token (CARD) is an Ethereum-based ERC-20 token, which will be used as a reward to application creators and contributors from reward pool which will be staked whenever user spends CARD token.   Total number of tokens – 10 billion. Soft cap set to be – 10,000,000 $ while hardcap 35,000,000 $, only  40% of tokens will be available for public in 3 rounds. Soft cap might look to be a little bit high, but team have planned a long lasting development process, which will definitely require much of funds. Estimated price per token – 0,017$. Team offers only 10% bonus, which seems to be healthy for token economics.

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