On our R&D front, we are pushing forward to deploy the necessary services to create the reward pool and the business logic for distributing rewards—based on spending, membership levels, and NFT ownership—via the off-chain Tally Protocol.

We are also using the Gnosis Transaction Service (a Django-based application) as the initial implementation architecture for the off-chain Tally processor.

Read more here: https://twitter.com/cardstack/status/1394930700428529666

Get a glimpse of what the Cardstack team has been up to this week! https://medium.com/cardstack/may-19-inside-cardstack-this-week-30ebcc0c46e1

On the mobile engineering front, we continue to integrate the various types of Gnosis Safes in the protocol into the user interface, leveraging the Gnosis Transaction Service in the back-end.

The CARD Protocol generates Gnosis Safes (multi-sig smart-contract wallets) to represent:

1. A prepaid card with a stablecoin balance
2. A depot for bridging tokens from layer 1 to layer 2
3. A merchant account for tracking earnings and receiving revenue from the revenue pool

Learn more here: https://twitter.com/cardstack/status/1395282421596057601

What's exciting about Cardstack? How does Card Pay work? What is the role of the CARD token? How are we using Chainlink? These and many more questions were addressed in our AMA with Chainlink last week. https://medium.com/cardstack/ask-me-anything-cardstack-chainlink-a55793bcae61

We are extending an existing open-source library published by the Cardstack team, called the "Merkle Payment Pool", to create a multi-token distribution system.

This codebase will be included as a module in the CARD Protocol. It can also be used independently by other projects to leverage off-chain computation for determining criteria and reward amounts.

Learn more here: https://twitter.com/cardstack/status/1395644358787883008

In this chapter of his NFT talk, Chris Tse speaks about creator shares and more affordable ways to mint NFTs: https://www.youtube.com/watch?v=M-S_5AVTnSo&t=1596s&ab_channel=Cardstack

NFTs are the new SKU (stock-keeping units) of media and digital objects.

Watch Chris Tse speak about Cardstack's approach to NFTs in our first AMA: https://youtube.com/watch?v=RUn2k8a8hqQ&t=855s&ab_channel=Cardstack

Card Pay is a payment and reward network that enables people to transact with each other at a low cost, using layer-2 technology.

Learn more about Card Pay from Chris Tse :https://www.youtube.com/watch?v=zeGxShpQHWI

Traditional businesses and big enterprises are no longer the only way to do business.

Learn more about the Cardstack approach here: https://youtube.com/watch?v=OzVeAgVgqNo&t=100s

How is Cardstack different from Google Drive as a collaboration tool? Because of the built-in transaction capabilities. Chris Tse talked about this in our first AMA: https://www.youtube.com/watch?v=RUn2k8a8hqQ&t=1020s&ab_channel=Cardstack

In a strategy talk about "What's in your NFT?", Chris Tse spoke about all the different parts that make up an NFT: https://youtu.be/M-S_5AVTnSo

This is what we've been working on this past week: https://medium.com/cardstack/may-26-inside-cardstack-this-week-97a638c2ddff

Work continues on the workflows that leverage the Card Pay SDK. All the logic of the smart contracts that are necessary for the creation of prepaid cards has been completed and deployed to the respective testnets.

Once the user experience for all these workflows is completed, using the workflow thread model taken from the Boxel design system, we will be able to open up testing to users in the Cardstack community.

Read more here: https://twitter.com/cardstack/status/1397797497779539969

May was all about our DeFi payment & reward system: Card Pay. This blog post catches you up on what's been going on this month: https://medium.com/cardstack/whats-new-at-cardstack-f5323ed3bcaa

We've begun end-to-end testing for the CARD Protocol on testnet. The Card Pay protocol has smart contracts deployed on both layer 1 and layer 2. https://youtu.be/3-C693T_BkU

Learn more here: https://twitter.com/cardstack/status/1397915515968839684

On the Card Pay mobile wallet front, most of the core capabilities are in place.

The team is now adding visual polish (such as sorting, conversion rate display, and decimal-point rounding enhancements) as well as improving the general reliability against the many API endpoints necessary to produce a cohesive experience.

Read more here: https://twitter.com/cardstack/status/1398157087213899777

How does Cardstack compare to the SaaS tools of the Web2 world? In this video, Chris Tse explains how all the different parts of Cardstack work together to cover countless use cases and replace the apps we use today. https://youtu.be/EbhqUU-GjUM

Happening tomorrow, June 1, Chris Tse will present at the Media & Entertainment SIG about a development tool that lets you build blockchain applications out of a library of templates. This will include a look at new code for NFTs.

Tune in at 9AM PDT / 12PM EDT / 6PM CEST / 12AM SGT https://www.youtube.com/channel/UC7_X0WkMtkWzaVUKF-PRBNQ

Learn more about Card Pay, our DeFi payment and reward system—consisting of a Web dApp for supplying tokens & issuing prepaid cards and a mobile wallet for biometric payments. https://medium.com/cardstack/defi-payments-with-card-pay-b87d13c80ac1

SaaS companies like Stripe, Square, Shopify, Salesforce, Slack, SoFi, Snowflake etc. are the big players now – until Web3 takes over. Watch Chris Tse compare these Web2 services to Cardstack. https://youtu.be/EbhqUU-GjUM

Remember to tune in TODAY at 9AM PDT / 12PM EDT / 6PM CEST / 12AM SGT as Chris Tse is speaking at Hyperledger Media & Entertainment SIG, about the "Building Blocks for the New Creator Economy".

Catch it live here: https://www.youtube.com/channel/UC7_X0WkMtkWzaVUKF-PRBNQ