Cardstack asserts that it is the experience layer of the decentralized world. It offers an intuitive solution for the convenient utilization of dapps and can usher the mass adoption of dapps that have missed the spotlight despite their potential.
Additionally, Cardstack creates an ecosystem which guarantees capable developers to get rewarded for their work by creating a direct link between interested companies and them.
Read on to find out about its strengths
SWOT analysis sheds light on the potential of a potential project.
I’ll be analyzing whether Cardstack presents an idea that holds plentiful potential and what would its barriers be.
Cardstack is making the first move to combine the utilities of apps and dApps in a harmonious manner. While it’s the first platform that will provide such a widespread utilization of picking and choosing the factors of apps and dApps that we want, there are products that combine apps on a single unit; this is a particularly true for platforms that let you control all actionable interfaces on social media channels. Cardstack is a far superior product to those services and can learn from the mistakes and successes of existing weak platforms. That can provide a guiding path for this first mover to push for mass adoption.
Next, Cardstack’s winning offering is convenience. We live in an age where convenience is king and many existing companies have already engrained it in society that they should desire convenience above all. The stage is already set for Cardstack’s prominent offering to be in high demand. Cardstack will have an easy pitch to make to its target market.
And on another note, this project has a strong kairotic power. Presently, there’s a massive number of projects developing highly utilizable dApps. Cardstack aims to facilitate usage of these products. This platform is coming to surface at the dawn of the age of the blockchain; there couldn’t be a better time to offer a product like this.
Cardstack has also targeted a major gap in the market. The current state of many developers’ work is that it’s available on GitHub for many to use but there’s no reward in this. Cardstack is offering a platform where developers’ can provide work and gain rewards for it. This incentivizes developers to create and fulfill market needs within the Cardstack ecosystem. This builds a competitive nature within the developer community within Cardstack and enhances the overall offering of Cardstack without Cardstack even having to exert any effort. That is thepower of building a platform.
There is no questioning the fact that crypto currencies are extremely volatile. Cardstack aims to build a consumer-centric product but most of the market is risk averse. The volatility of this market coupled with most people’s limited understanding of the blockchain, many have never owned a crypto currency. While Cardstack’s product is extremely valuable, many would want to utilize it but may see the need to utilize a crypto to access it as a major hurdle.
An easy resolution to this is to make a convenient user interface where fiat could be used to purchase CARD tokens through an internal service of Cardstack. There are many products that allow users to purchase tokens that they use to purchase services. Cardstack can place its platform in a similar manner to the mass market. CARD tokens could be easily and swiftly purchased through an internalized service, with a position as just an access token.
Cardstack is taking advantage of multiple opportunities.
First off, the trend for decentralized and open-source work is growing. Cardstack is making the market more lucrative for those developers who participate in this. This allows this platform to bring in the best developers to provide resources on its platform.
Cardstack also targets a major flaw in the reliance on technology within most companies. There isn’t any means to efficiently utilize only the best features of various apps, SaaS, and dApps. Cardstack is providing companies with that convenience.
Even the titans of a given industry face threats; the situation is generally worse for smaller projects.
The primary threat in the blockchain spectrum is the threat of a copy-cat ICO.
The main edge of Cardstack isn’t that it’s based on the blockchain. This product utilizes its own technological factors. The blockchain is just a bonus. So this product is far too advanced and complex to be targeted by imitators in blockchain sphere who can easily replicate transparency conveniences but have neither the resources or the knowledge to build such a differentiated product as Cardstack.
Given the highly specialized nature of this project, Cardstack is safe from the threat of copy-cats.
Moreover, Cardstack doesn’t have to worry about a market shock weakening its product. Cardstack offers benefits by easing utilization of apps, SaaS, and dApps. So irrespective of which way the market demand for technological tools heads to, this platform will be a key factor in optimized usage.
Website: https://cardstack.com/
Whitepaper: https://cardstack.attach.io/HJaZkzgn~
ANN Thread: https://bitcointalk.org/index.php?topic=2768237.0
Telegram: https://telegram.me/cardstack
Token Sale: MAR. 6
Token Type: ERC20
Ticker: CARD
KYC: YES
Accepts: ETH; BTC; USD
Can’t Participate: USA
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CARD Website: https://cardstack.com/
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