Cardstack ICO: The Team Behind It And The Project’s Strengths & Opportunities [Part 2]
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If you just tuned in to this series of posts, you can go back to the first part where we are talking about the basic features of Cardstack and the business model behind this new ICO.
The team behind Carstack is comprised of software experts, analysts as well as computer scientists.
The Team Behind Cardstack
First of them is Christopher Tse, who is the head of development and holding a BSc in Computer Science from Columbia University. He is also the co-founder of Monegraph and dotBlockchain Media which are both active organizations in the crypto world.
Ed Faulkner is the lead developer in the team, holding a Master of Engineering in Electrical Engineering and Computer Sciences from MIT. Faulkner is also behind three successful and fully operational ventures.
The third most important team member at Cardstack is Hassan Abdel-Rahman. Holding a BSc in Computer Science and Mathematics from Colorado School of Mines, he has also worked as a Senior Software Designer at Monegraph and has been the Principal Engineer at McGraw-Hill Education.
SWOT Analysis Of Cardstack ICO
Currently, Cardstack is known as one of the best entry channel payment system that doesn’t require users to buy cryptocurrencies from an exchange. Instead, every user can pay with fiat money to purchase the CARD tokens directly on Cardstack’s platform.
Once a user purchases such token, they get stored on a native wallet that can be accessed through Cardstack. These are some of the strengths of the project and unique selling points. When it comes to the actual opportunities, Cardstack is already making progress on the development front — as their project has been officially made available on GitHub.
Just like any new ICO, Cardstack has weaknesses and threats too. According to some rumors, there are some claims oriented towards the user and developer experiences which are based on faulty premises. On top of that, the old business model of paying to use apps upfront “doesn’t exist anymore” according to some people.
Therefore, the threats are coming from all sides for Cardstack. While some users are concerned about the payment model, others don’t know how the team will take care of payments for multiple app subscriptions.
Bottom Line
Currently, the Cardstack ICO needs to be focused on further technological development. Only this way, it will accent its strengths, address its opportunities and overcome any potential threats and weaknesses.
In the third part of the Cardstack ICO series, we will cover the main benefits of the project for developers and analytic miners, as well as the problems that this project solves with its methodology.
