The second part would be more accurate, together with having them fairly rewarded for their developments

If you missed any of our latest updates, not to worry. Here’s a recap of what’s been going on this month—from the testnet launch and our blockchain-based data registries to developer tutorials and early-access guides for building cards.
https://medium.com/cardstack/whats-new-at-cardstack-9071c3109628

2019 is just a real reality check to people in this space that most of these ICOs has no chance of success but the most interesting thing people are not asking is what the team has done with $30 million, what is their burn rate. I just feel it would be better for these guys to return investors their money, divide the amount left by the number of tokens in circulation and pay us back our money, all these try and error with people's money must stop

Find out in this article: https://medium.com/cardstack/building-the-card-catalog-bf034445d05e

A new update from the Cardstack team!

Our engineer Jen Weber recaps her experience at the ETHBoston hackathon she attended last weekend. Jen talks about the different challenges faced by developers; she provides tips for hackathon sponsors to improve the developer experience; and finally, she explains how her takeaways from this event tie into Cardstack’s strategy and potential.
https://medium.com/cardstack/out-of-the-box-tools-for-outside-the-box-thinking-464f622ba0df

Get ready for EmberCamp! On Sept. 16, our lead developer Ed Faulkner and our engineer Jen Weber will give a talk at the second annual EmberCamp in Chicago. Learn more about the event and/or buy tickets: http://embercamp.com/

A customer uses a prepaid card to pay a service provider, by staking some crypto value into the smart-contract-based token pool (where all crypto assets are pooled together). Customers who only have fiat money can buy prepaid cards from retailers, who do the staking on their behalf. Through usage accounting (on-chain and off-chain), we meter the usage and provided services across the network. Tally (acting as the accountant or bookkeeper) marks the prepaid cards, the value, and the spend history to market—so that people know how much they can deposit, how much their deposit is worth, and how much can be withdrawn.



For more details, check out this part of Chris’ talk: https://www.youtube.com/watch?v=FwO_ZGCk410&t=710s

In most systems, developers run the server, so the user’s files are stored in the developer's data center. At Cardstack, developers deploy their cards to the Cardstack Hub—the decentralized application server that powers the entire system (connecting to various data sources like devices, clouds, and blockchains), which is run by service providers of the users’ choice. This way, users have their own hub/server, their own little personal cloud, where they have all their code—whether it’s for note-taking or music-making or image-editing. It can be hosted by a service provider, but it belongs to the users.

A prepaid card is a store balance that facilitates the providing of services in the Cardstack Network.

As a customer, you deposit fiat or cryptocurrency into a virtual prepaid card. This card has an address (similar to a credit card number), an original value (your deposit), the amount you have spent so far (measured in USD cents/§), and your available balance (which is denominated in USD, but may fluctuate based on the market value of the currency you used to buy that prepaid card). Now, you can use your card to pay for services wherever the CARD Protocol is accepted. Service providers will simply bill you by deducting your usage fees from your balance. In essence, this prepaid card is meant to be the pass for all the things you can do in the Cardstack Ecosystem.

Wanna see Chris talk about the concept of a prepaid card? https://www.youtube.com/watch?v=FwO_ZGCk410&t=165s

Yesterday, Cardstack hosted Ember Meetup at our office in One World Trade Center. Our team senior developers Ed and Hassan both shared their insights about Ember, Blockchain and Cardstack to a passionate group of developers. Here are some photos that captured the highlight of the event