Cardstack project: All you need to know about ICO

Cardstack is a platform for creation and implementation of blockchain-based applications into businesses and companies. The project is ready for launching, and the main public sale is to start in May 2018. Let’s evaluate the perspectives of investment and define whether the contribution will make sense.

  Dates and caps

Cardstack is to launch the main sale in May 2018 (certain date wasn’t stated yet): the team plans to raise $35.000.000. Contributions in ETH, BTC, and USD will be accepted, which is convenient for people who don’t own crypto wallets. 6 bln of Cardstack tokens will be available for sale (40% of all emitted tokens). The users who register in the whitelist can get a 10% discount for pre-allocation.  

Minimum personal cap isn’t specified – it will be announced later. Maximum personal cap is $50.000 – enough for investors who play big. The risk rate of investment is evaluated as “normal”, which means that potential contributors generally trust the project.  

 Token allocation 

The most part of Cardstack tokens will be allocated for makers, analytic miners, and users of the platform. Some tokens will stay reserved for the Syndicate and the Foundation (they’ll be locked for 5 years).  The funds will be distributed the following way:  

• 40% - creation of the platform (blockchain,      product design, open-source software development);
• 20% - assembly of cards (solutions, user      experience, web development, digital strategies);
• 15% - promotion of fairness (academic research,      crypto economy);
• 10% - facilitation of business (writing of smart      contracts, vendor management, financial analysis);
• 10% - education and advocates (production of      videos and technical guidelines, events, training, podcasts);
• 5% - additional expenses.

  Bottom line

From investors’ point of view, Cardstack is a project with a huge potential: by now, this is the only platform of its kind, because it offers the whole gamut of services connected with blockchain applications. Although spending as much as $50.000 is risky, the contributions can pay off in the long term: the project will need much time to evolve and grow the value of Card token. Interesting project that have enough chances to make something big.

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