CardStack creates a new decentralized ecosystem for software


What is CardStack?

CardStack's goal is to create a new decentralized ecosystem for software. Creator software will be highly appreciated for their efforts. With the use of smart contracts, the application receivers allow developers to make direct purchases and receive material costs. Licenses are also provided for ongoing support for the software, and some go to developers. This creates a sustainable software ecosystem as it provides funding for ongoing funding and support for software. There is a prize pool for incentive developers that can lead to improvements in practice over time.

The Tally protocol uses existing GPU resources to power a unique consensus algorithm. This allows DAPPs to work with Cardstack to perform complex calculations such as collecting, voting and rewarding miners for good jobs. GPUs, on the other hand, will be rewarded with a fair portion of the value that the DAPP ecosystem provides to perform labor-intensive processes at the scene. From the end-user's perspective, every click, process, and verification uses this number-processing feature, totally reducing what is required in this last block series of numbers.

In other words, creating a leap for block chains on every floor of the software pile, Cardstack adds a revolutionary experience that makes block chain technology workable and measurable; creating a centralized software ecosystem that can compete with digital platforms. Central technology pushes us into silos and captures the value we create. Early centric technology such as Bitcoin promises chaining blocks, but also benefits the bad guys.
The management approach of the Cardstack location allows them to act as a dominant user center; so that interactions with applications and services running on different network topologies flow through user-controlled software stacks.

Cardstack problem

The App Store era turns the software feature into a standalone application, which usually does not communicate with each other and requires users to choose between multipleoverlapping features to shape their workflow.
The emergence of blockchain and decentralized applications (dApps) makes for difficult situations requiring users to request and manage utility tokens for each of the functions that make up their software pile.
As the software moves into the cloud, users need to manage multiple subscriptions to cloud-as-a-service (SaaS) -based software and choose the right plan to optimize costs across all required features.

SOLUTION

Stamps are building a new layer of experience that helps their interaction listeners at (d) Appsthey use, ushering in an era of mass market adoption of distributed technologies in open ecosystems.

The new approach to orchestration should keep users in the center and let it act as their own hub, thereby interacting with applications and service streams through user-controlled software stacks.

The necessary orchestration can be made intuitive by changing each application status to a "card", which is a visual representation of key information, which suggests the next action through chaining of related cards.

Cardstack's mission

Our mission is to build an economically sustainable ecosystem of software that is struggling against the central platform of key mechanisms.

Cardstack is a layer of revolutionary experience that makes blockchain technology usable and scalable - creating a decentralized software ecosystem that can challenge today's super-digital power.

Centralized giant technology forces us into silos, and captures the value we create. Early decentralized technologies such as Bitcoin show the promise of blockchain, but only benefit a few fans. Cardstack is a leap forward for blockchain in every layer of software stack - providing a toolset that unlocks the decentralized Internet potential for everyone.

Cardstack Concepts

Centralizing the Internet Around Users - A new approach to orchestration should place users in the center and let them act as their own hub, so interaction with applications and services flows through user-controlled software stacks.

Turning the Services into Tangible "Cards" - The necessary orchestration can be intuitive by changing each application's status to a "card", which is a visual representation of key information, suggesting further action through a series of related cards.

Bridging Blockchain and Cloud Services - This "Card" becomes a major interaction unit between users and many competing service variants, running locally, in the cloud, or in blockchain and meeting various aspects of user needs.
Enabling Progressive Decentralization - Behind the card facade, the decentralization process of software ecosystems can be done bit by bit, enabling the replacement of common cloud services when blockcains are ready to act as a substitute.

This ecosystem is governed by smart contracts supported by Cardstack Token (CARD), Ethereum-based ERC20 tokens. CARD is not just the old cryptocurrency: it's specifically designed to create a sustainable market where open source developers are rewarded fairly, while allowing users to collect and combine the perfect mix of software services to suit their needs.

Here's how it works. When a user spends a CARD, it seamlessly establishes a smart contract between the user and the app they choose, before being staked into a prize set. Based on anonymous usage data tracked by smart contracts, collected tokens are then distributed periodically to app makers and contributors according to payment and a decentralized algorithmic governance model that is in the hands of the community.
Just like any other cryptocurrency, CARD users can become miners to validate transactions and get costs. But unlike Bitcoin - which forces miners to solve useless math problems - Cardstack's analytic miners help calculate the reward function of who gets paid, while sorting out spam, making the system fair and resilient. The results of analytic miners compete in the sorting scheme we call proof-of-analytics, so the award algorithm is never under the control of one party.

ICO DETAILS



Smart contracts, Token Cards, Tokens, and software services
Smart contracts in the Cardstack ecosystem can be upgraded via the registry and this abstraction directs transactions to the latest version. Cardstack Tokens are written as CST and are also referred to as "cards" only. Cardstack Token is a token traded on the basis of the Ethereum ERC-20 network standard. Token entry software and services that can be transferred in any contract application.

The token software and services function as store credit may be redeemed within a certain period by the user. SSC is cut and burned as meter usage. If CST is converted to SSC, they are locked in a gift set and distributed to the contributor on a multi-variable model.

Mechanism Token

Our ecosystem is governed by smart contracts supported by Cardstack Token (CARD). With this single token, users can pay for a mix of their software usage, verified by our off-chain consensus protocol. The result is an unlimited experience for consumers, and a fair reward for makers and miners.

Introducing Token Cardstack Token

Cardstack is a fuel and catalyst for the global movement toward a sustainable software market built on open source code and supported by crypto-economics. The Cardstack Foundation is proud to announce the token allocation and metrics process for the upcoming Token Generation event (TGE). The Swiss-based Cardstack Foundation will begin fundraising, followed by a series of awarded prizes, to distribute tokens to interested participants from the Cardstack ecosystem.

The Token Generation Cardstack event is designed to balance the interests of various stakeholders so as to achieve these goals:
Optimize tokens allocation so that three major groups of participants in the Cardstack ecosystem - end users, software makers, and analytics miners - have access to the correct proportion of tokens at every stage of ecosystem growth to maximize utility.
Ensure regulatory compliance with all applicable laws and regulations, so that TGE can be conducted on a regular basis, as well as minimizing risks for contributors as well as for the Foundation.
Award the members of the community, especially those who join Cardstack early in the growth phase, with a clear and fair process for participation regardless of the level of individual contribution.

Cardstack Token Sale

Cardstack Token and Smart Contracts - The initial implementation of the Cardstack token mechanism is written in Solidity and is currently in Ethereum testnet. They have all 20+ smart contracts through GitHub.

Cardstack Token (CST) - This is a tradable token based on the ERC20 standard of the Ethereum network. When CST is converted to SSC, they are locked in a gift set and distributed to contributors based on a multi-variable model.

Token Software and Services (SSC) - SSCs are non-transferable entries in each application contract. They act like store credits that users can redeem within a certain period of time (say 1 year). Because usage is measured, SSC is cut and burned.

Token Information

Name: Cardstack Token
Symbol: CARD
Token Type: ERC20 on Ethereum
Jurisdiction: Zug, Switzerland
Hard cap: $ 35,000,000 in USD
Soft seal: $ 10,000,000 in USD
Token Created at TGE: 6,000,000,000 CARD
Public Available Tokens on TGE: 2,400,000,000 CARD (40%)
Bonus for Pre-Allocation: 10%
KYC / AML: Yes
TGE Date: Q1 2018 (projected)
Contribution Method: ETH
Whitelisting Ethereum Address: Required for the crowd fundraiser
Individual Caps: Enforced by smart contracts during fundraising
Vesting Schedule: Foundation (5 years), Syndicate & Team (4 years), Ecosystem Initiatives (2 years)
Inflation / Mining Function: An additional 4,000,000,000 tokens distributed over 10 years to a bootstrap gift pool for software makers and analytics miners
Maximum Token Amount: 10,000,000,000 CARD by 2028
Excludes Contributors From: USA, Cuba, Iran, North Korea

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DIAH PERMATASARI
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