* The information contained in this article is for education purpose only and not financial advice. Do your own research before making any investment decisions.
Project Name: Cardstack
Token Symbol: CARD
White Paper: https://cardstack.com/whitepaper/overview/executive-summary
Crowdsale Hard Cap: $35 million
Total Supply: 10,000,000,000
Token Distribution: 40% crowdsale, 20% Cardstack Foundation, 15% Cardstack team reserve, 10% ecosystem initiatives, 8% airdrops, 7% advisors and agencies
Price per Token: 1 CARD = $0.017 USD
Maximum Market Cap (at crowdsale price): $170 million
Accepted Payments: ETH
Excluded countries: United States, Cuba, Iran, North Korea
Bonus Structure: n/a
Important Dates: Pre-allocation round opens March 6th. Crowdsale is planned for Q1 2018.
The Cardstack ICO proposes the creation of a decentralized software ecosystem to challenge the current paradigm dominated by tech giants. The three main issues Cardstack target are as follows:
1. The “App Store standard” which turns software features into standalone native apps. These apps usually do not communicate with each other and require users to choose between numerous overlapping features to conduct their workflows.
2. The management of multiple subscription services for cloud-based software-as-a-service (SaaS) products, which creates an inconvenience for users.
3. The lack of connectivity between different blockchain and decentralized apps (dApps), which is exacerbated by requiring users to manage the supply of separate utility tokens for each function within a given software stack.
Please see the Cardstack Medium for more details.
Expected Token Release: TBA