Cardstack Updates

What do Trust Wallet, Solana, and Cardstack have in common? We are all top 3 open-source cryptocurrency projects by Github commits this quarter! https://www.cryptomiso.com/months_3.html

At Cardstack, we aim to provide a cohesive experience for users, which consists of 3 layers. Watch Chris Tse explain this in detail: https://www.youtube.com/watch?v=IOprRhOo80Q&t=48s&ab_channel=Cardstack

We are developing a cohesive UX so that users can access Web3 without having to deal with the frustrations of high gas fees, slow transactions, or other blockchain-related issues. These are the three project layers that compose Cardstack.

Card Pay offers a variety of features and uses: You can make deposits from mainnet, issue prepaid cards, set up merchant accounts, withdraw your earnings to mainnet, and much more. Here's a demo of our merchant withdrawal workflow: https://www.youtube.com/watch?v=syVAOtAiE1U

Cardstack is solving the problems of Web3 transactions by providing fast, easy, and cheap payments through Card Pay. Chris Tse talks about this here: https://www.youtube.com/watch?v=IOprRhOo80Q&t=160s&ab_channel=Cardstack

Did you know that NFTs can be used in a myriad of ways, which aren't limited to collectibility?

What is the goal of SPEND? Your wallet may be filled with various currencies that fluctuate, but when you want to make purchases or trades, you can rely on SPEND as a pricing unit to ensure neutrality. https://medium.com/cardstack/introducing-spend-d76372368d0#8ac9

SPEND is backed by DAI, so it allows for decentralized exchange rates to occur. https://medium.com/cardstack/introducing-spend-d76372368d0#7d28

An NFT priced at 1 ETH in September 2020 (was ~$350) would now be asking $4000 today. This volatility excites only the most freewheeling of speculators, not the world at large. https://medium.com/cardstack/introducing-spend-d76372368d0#72da

What we need is a non-sovereign, non-pegged currency that’s not priced in USD or EUR. There have been a handful of attempts to achieve this, but none have entirely succeeded. Achieving stable currency is key to generating financial inclusion. https://medium.com/cardstack/introducing-spend-d76372368d0#ef70

Resolving the current challenges of Web 3.0 will create a more pleasant user experience and help DeFi gain more attention in the mainstream. https://medium.com/cardstack/making-web-3-0-usable-part-2-32788be88565#e463

Once the setup and transactional operations have been perfected, creators, developers, and merchants in the Web 3.0 world must focus on creating reward systems that entice new users into joining the community. https://medium.com/cardstack/making-web-3-0-usable-part-2-32788be88565#c13b

Logins and accounts in Web 3.0 must operate in simpler and more convenient ways to create a more inviting and less intimidating crypto-blockchain world. https://medium.com/cardstack/making-web-3-0-usable-part-2-32788be88565#dcf7

Logins and accounts in Web 3.0 must operate in simpler and more convenient ways to create a more inviting and less intimidating crypto-blockchain world. https://medium.com/cardstack/making-web-3-0-usable-part-2-32788be88565#dcf7

Card Pay provides fast, cheap and easy payments. It remedies the problem of high transactional fees by operating on layer 2. If you haven't already, catch these demos by Chris Tse on Card Pay's payment and withdrawal workflows. https://medium.com/cardstack/card-pay-fast-cheap-easy-7ca236ed59b3

The onboarding process for dApps and blockchain apps can be rather cumbersome. We need a more straightforward process if we want to grow this network. https://medium.com/cardstack/making-web-3-0-usable-part-2-32788be88565#a8f4

We're looking for a Community Manager to join the Cardstack family. If you fit the profile we're looking for, we’d like to hear from you! https://cardstack.applytojob.com/apply/RcHk8JmfxG/Community-Manager

Card Pay improves Web 3.0 by remedying concerns of high and fluctuating gas fees.

Gas fees are still one of Web 3.0's main issues. How can we fix them? https://medium.com/cardstack/making-web-3-0-usable-part-2-32788be88565#2d9f

SPEND is Cardstack's neutral pricing unit designed for Card Pay. We have created SPEND to operate as a globalized pricing unit that functions as a tool of measurement and sensemaking just like any other currency. https://medium.com/cardstack/introducing-spend-d76372368d0#e276