Economics Used in Cardstack Ecosystem

in #crypto6 years ago

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Cardstack is an open-sourced framework for the consensus protocol in order to create the blockchains usable and scalable for the mass market. It is generating decentralized software of the ecosystem for a challenging digital superpower. It ensures an experienced layer of the decentralized internet and helps to get some deeper understandings of the market context with a mathematical model and the token mechanisms behind the Cardstack project. It uses a leap forward for the blockchain into the software stack to provide a toolset to unlock the potentialities of the decentralized Internet for everyone. Such approach enables self-sovereignty to the users to act within their hub to interact with the applications and service to run through the networks of different topologies around the software stack to control the users.

Cardstack Economics

Cardstack enables some important economic statistics in order to maintain the ecosystem within the network. Such economical influence over the blockchain ecosystem adopts like:

  • Internet Business Model: It creates some definite trade-offs for the internet business models for the current software economy that drives being open with some required people for giving up their fair share of rewards. These tools promise the returning power to the users for keeping up the losses throughout centralized and growth-hacked platforms.

  • Making Connections: It creates a connection among the open sources and crypto-ecosystems with some success early cryptocurrencies. This shows a network of economic participants that gives the right to incentives fueling up some improvements of open-sources of software and protocols with a spawn of the supportive ecosystem.

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  • Funding Software: It funds software and services with the tokens in order to pay out the tokens for their wallet to get some access to the app. The smart contract acts like the billing agents for the app in order to assign a specific portion of the tokens to the creators of the open-sourced code to provide services.

  • Allocating Funds: This enables allocation funds among varieties of funds to move through the single app token driven application. This enables the contracts for dApps to make a pool of resources and mutual customers to mix and match the features to fit the needs with the rewarded functions.

  • Token Lifecycle: The end users of the card will get the dedicated portions of their tokens and will generate a retainer agreement with the app. This app will give permission to the app users with the redeemable service. This makes the ultimate miners for compensating the tokens.

  • Tokens and Smart Contract: The initials of implementation of the token mechanism should have solidity with the current Ethereum testnet. This will open source for more than 20 smart contracts by using GitHub. It is still looking forward to earning the community feedback.

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  • Detailed Token Mechanism: The tokens of Cardstack users can be purchased via credits. These credits can be used to the software into the ecosystem for the makers and miners rewarded proportionally and it is based mostly in the usage of data.

  • Balancing Facts and Opinions: The network sod of the function consults with the output for some proportional attributes with the allocated model in order to take some factors to the on and off the chain to determine the account a fair distribution of rewards.

  • Rewards to The Makers and Miners: It enables reward function for the “wealth trickle” that needed to be graphed for the makers and miners to input and built in the analytic nodes. The model iterates the network branches until the path has been weighted locally and globally.

Cardstack is building sustainable software to the ecosystem so that the network can coordinate with the smart contract and earn revenue by making some payments to the customers and makes rewards to the makers and miners for the contribution to the software and services.

Website : https://cardstack.com/
ANN : https://bitcointalk.org/index.php?topic=2768237.0
Twitter : https://twitter.com/cardstack
Facebook : https://www.facebook.com/cardstackproject
Telegram : https://telegram.me/cardstack

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