The year 2017 and so far 2018 has seen a plethora of ICOs. Some with real use cases, and others which have appeared and disappeared just as quickly.
What has been found with the quality ICOs is their real-use case. What real-world problems does the ICO seek to address? Does the ICO have a definitive roadmap and an impressive team to direct their vision into the future?
An ICO that ticks the above boxes is Cardstack.
One key problem with blockchain a and their interoperability with other blockchains in society is their scale ability. Current restrictions with blockchains are limited by Transactions Processed Per Second (or TPS) along with their functionality with other blockchains or tokens. Cardstack allows users to combine different Decentralised Applications (otherwise known as dApps) by using encapsulated CARDs to create powerful blockchain-based applications.
Once a user is able to spend a CARD, a smart contract is seamlessly formed between the user and their chosen app before getting staked into a reward pool.
The combined tokens are then periodically distributed to the creators of the app according to a decentralised algorithm that is governed by the hands of the community.
CARD users can also opt to become miners, with the distinct advantage over being a Bitcoin miner in that CARD miners assist to calculate which user gets paid which amount of rewards.
Overall, using the Cardstack’s ecosystem token of CARDs to increase usability and scaleability within the blockchain space will undoubtedly see this ICO continue to grow and expand into the forthcoming years.
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