Resolving the current challenges of Web 3.0 will create a more pleasant user experience and help DeFi gain more attention in the mainstream. https://medium.com/cardstack/making-web-3-0-usable-part-2-32788be88565#e463

What we need is a non-sovereign, non-pegged currency that’s not priced in USD or EUR. There have been a handful of attempts to achieve this, but none have entirely succeeded. Achieving stable currency is key to generating financial inclusion. https://medium.com/cardstack/introducing-spend-d76372368d0#ef70

An NFT priced at 1 ETH in September 2020 (was ~$350) would now be asking $4000 today. This volatility excites only the most freewheeling of speculators, not the world at large. https://medium.com/cardstack/introducing-spend-d76372368d0#72da

SPEND is backed by DAI, so it allows for decentralized exchange rates to occur.

https://medium.com/cardstack/introducing-spend-d76372368d0#7d28

What is the goal of SPEND?

Your wallet may be filled with various currencies that fluctuate, but when you want to make purchases or trades, you can rely on SPEND as a pricing unit to ensure neutrality.
https://medium.com/cardstack/introducing-spend-d76372368d0#8ac9

Did you know that NFTs can be used in a myriad of ways, which aren't limited to collectibility?

Cardstack is solving the problems of Web3 transactions by providing fast, easy, and cheap payments through Card Pay. Chris Tse talks about this here: https://www.youtube.com/watch?v=IOprRhOo80Q&t=160s&ab_channel=Cardstack

Card Pay offers a variety of features and uses: You can make deposits from mainnet, issue prepaid cards, set up merchant accounts, withdraw your earnings to mainnet, and much more.

Here's a demo of our merchant withdrawal workflow: https://www.youtube.com/watch?v=syVAOtAiE1U

We are developing a cohesive UX so that users can access Web3 without having to deal with the frustrations of high gas fees, slow transactions, or other blockchain-related issues.

These are the three project layers that compose Cardstack.

At Cardstack, we aim to provide a cohesive experience for users, which consists of 3 layers.
Watch Chris Tse explain this in detail: https://www.youtube.com/watch?v=IOprRhOo80Q&t=48s&ab_channel=Cardstack

What do Trust Wallet, Solana, and Cardstack have in common? We are all top 3 open-source cryptocurrency projects by Github commits this quarter! https://www.cryptomiso.com/months_3.html

848 Github commits this quarter - the Cardstack Dev team is on fire! 🔥🔥🔥

We're now gearing up for our xDai mainnet launch. Sign up for the waitlist today at http://cardstack.com/cardpay

Card Pay provides a variety of different features and integrations. Watch Chris Tse talk about them in more detail: https://www.youtube.com/watch?v=IOprRhOo80Q&t=771s

Card Space brings decentralized web hosting and allows merchants to create their own storefronts.

Hear more about these storefronts from Chris Tse in this chapter of our "Card Pay: Fast, Cheap, Easy." video: https://www.youtube.com/watch?v=IOprRhOo80Q&t=239s&ab_channel=Cardstack

Card Pay is integrated with top protocols & services, from Gnosis Safe to WalletConnect.

We have created SPEND to operate as a globalized international currency that functions as a tool of measurement and sense-making, just like any other currency.

But how do currencies function as tools of measurement and sense-making?

Learn here: https://medium.com/cardstack/introducing-spend-d76372368d0#0f76

Cardstack is positioned as the experience layer of Web3. An essential part of our work is the DeFi payment and reward protocol built on Ethereum.

Our workflow system guides users through all the steps needed for making deposits, issuing prepaid cards, setting up a merchant account or Card Space, and much more.

Learn more about this here: https://www.youtube.com/watch?v=IOprRhOo80Q&t=295s

Today, we'll be launching a commemorative POAP (NFT) that is claimable by anyone on our Cardstack Discord channel. Join the conversation to get more updates! https://discord.gg/cardstack

After a successful first round of private beta testing, we launched Card Pay on mainnet last week! This allows us to move on to the second round of private beta testing today.

As we move our beta from testnet to mainnet, we want to thank all the contributors who participated in the first round of our beta program. As a thank you for their valuable help and feedback, we will reward all our beta testers with 10,000 CARD.

We also want to give a special thanks to our most active top 5 testers who spent a considerable amount of time to help us improve Card Pay & Card Wallet: Thank you very much for your efforts Lothar#8731, juliandante#1330, gpeixoto#9759, mattr#1108, and wiill#2296 — you will receive a reward of 50,000 CARD.

We are very proud of the progress we've made with the help of our beta testers and look forward to continued feedback in our private beta on mainnet! We will send out invites to those who signed up for early access in the coming days.

Lots going on in the Cardstack lab! Catch up on everything here: https://medium.com/cardstack/whats-new-at-cardstack-49fa04d9f51f