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About CardWallet
Key Features
- Non-custodial wallet for Cardano with FIAT on/off-ramps services
- Combination of storage, exchange, trading, staking, delegation, and liquidity mining
- Supports over 30 fiat currencies and 5 languages
- Mobile version available on Google Play Store and Apple’s App Store
- Web3 implementation for the Cardano ecosystem
Founders
- Tiago Serôdio (CEO) – industry veteran with experience in blockchain since 2012
- Victoria Vaughan (COO)
About CWallet: Empowering Your Cryptocurrency Journey
Introducing CardWallet (CW): A Revolutionary Digital Asset Management Solution
CardWallet (CW) is a pioneering, non-custodial wallet for Cardano, boasting seamless FIAT on/off-ramp services. Conceived in the spring of 2021, the project’s ambitious goal was to revolutionize the crypto landscape, offering users unparalleled utility and functionality. The CardWallet features a comprehensive array of tools, including secure storage, exchange, and trading of native Cardano tokens, staking, delegation, and liquidity mining. As a result, CardWallet provides a comprehensive and indispensable suite of functions for Cardano users, coupled with a full range of DeFi capabilities.
The project, initially conceived within the Cardano ecosystem, was designed to accommodate a broader scope, encompassing multiple protocols, blockchains, and native tokens. Through their observations, the project’s developers identified several key pain points within the industry: the complex structure of DeFi, which often eludes the understanding of its audience; the prohibitively high barriers to entry into the crypto space; and the inconvenience of prevailing UX/UI designs. Thus, the mission of CardWallet became clear: to craft a decentralized wallet that is both intuitive and user-centric, featuring a streamlined interface and a fundamental set of functions, thereby rendering the concepts of DEX, staking, and yield optimization effortlessly accessible to all.
CardWallet empowers users with absolute ownership and control over their assets. Through this innovative platform, users can seamlessly send, store, and receive fiat currencies, ensuring secure and efficient transactional experiences. Moreover, CardWallet extends its support to crypto assets, while also integrating with prominent payment gateways, including Visa, MasterCard, and Apple Pay.
CardWallet boasts a mobile application available for download on both the Google Play Store and Apple’s App Store. Furthermore, the platform is actively pioneering a web3 integration tailored to the burgeoning Cardano ecosystem. With an impressive repertoire of support for over 30 fiat currencies and 5 languages, CardWallet is well-positioned to emerge as a premier DeFi wallet for facilitating seamless cryptocurrency transactions, storage, and management.
CoinWallet’s inaugural decentralized offering (IDO) successfully concluded between August 16 and 18, 2021, leveraging the OccamRazer platform.
The Visionaries Behind CardWallet: Meet the Founders
In May 2021, CardWallet embarked on its journey, founded by the visionary duo of Tiago Serôdio and Victoria Vaughan.
Tiago Serôdio, CEO of CardWallet, is a seasoned industry expert who was first introduced to the blockchain ecosystem in 2012. Throughout his illustrious career, Serôdio has played a pivotal role in the success and recognition of several high-profile crypto projects, including Cardano, Occam.fi, and HUMAN Protocol. His impressive repertoire also includes collaborations with DASH, as well as the innovative conception of Masernod as a service concept.
Victoria Vaughan, Chief Operating Officer of CardWallet, boasts an impressive pedigree, having successfully spearheaded Cointelegraph from its inception to its current prominence in the cryptocurrency landscape. With a storied history in the crypto sphere dating back to 2013, Vaughan has lent her expertise as a consultant to esteemed organizations, including Scalable Solutions, a pioneering digital asset trading software company, and Bitcoin.com Exchange.
CardWallet boasts an esteemed advisory board comprising renowned experts, including Fernando Gutierrez, Florian Bohnert, and Jesus Gonzalez. The platform has forged strategic and technical partnerships with a range of esteemed organizations, including Scalable Solutions, Simplex, Occam.fi, Nodeseeds, and Crypto Dorm Fund.
Unveiling the Unparalleled Excellence of CardWallet
CardWallet is a community-driven powerhouse that serves as the cornerstone for seamlessly managing assets and engaging with applications within the Cardano ecosystem.
CardWallet boasts an array of innovative features:
Users benefit from seamless access to both centralized and decentralized execution venues, streamlined exchange processes, the ability to place and delegate ADA tokens, and the capacity to exchange assets across multiple layer-1 networks, all within a decentralized autonomous organization (DAO) governed framework.
Here’s how it works: By staking CW, users can participate in the voting process and reap the rewards of community engagement, all facilitated by CardWallet’s utility token, CW. Moreover, CardWallet offers comprehensive support for NFT storage and trading capabilities.
Through its MVP, CardWallet offers a seamless cross-chain exchange experience, complemented by a liquidity mechanism that enables major token holders to exchange assets commission-free. Furthermore, users can enjoy a range of exclusive benefits, including access to a debit card, yield farming opportunities, ADA cashback rewards, community incentives for participating in governance, and the unique ability to shape the development trajectory of CardWallet.
CardWallet developers have crafted a sleek and intuitive interface, boasting a user-centric design, seamless access via PIN code and biometric authentication, and expedited FIAT transactions in cryptocurrency, ensuring a hassle-free experience.
Within the CardWallet ecosystem, community members are incentivized for their active participation in various activities, including engaging in debates, staking tokens, referring new users, casting votes, proposing enhancements, and contributing to the platform’s development.
To artificially induce a scarcity of the CW token, thereby boosting its value, the creators of CardWallet have implemented a buy-back mechanism: 25% of the net revenue is allocated towards repurchasing CW tokens on the open market, which are subsequently burned. This strategic approach enables users of the ecosystem to reap the benefits assured by CardWallet.
Associated Resources:
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The Age-Old Conundrum: Proof-of-Work vs Proof-of-Stake
Digital Treasuries: Hot Wallets vs Cold Wallets
What Is the Total Circulating Supply of CardWallet (CW) Coins?
The team devised a bespoke engagement metric to inform the trajectory of their community-driven tokenomics: 60% is allocated to systemic performance (capturing how the community interacts with the product) and 40% to personal engagement (encompassing activities such as trading, staking, voting, testing, participating in competitions, and referring others to CardWallet). This innovative system of community-centric tokenomics effectively devolves all authority to token holders and the broader community, thereby rendering the product entirely decentralized and community-focused.
Through a synergy of collective community efforts and individual user contributions, participants are incentivized with exclusive benefits, including discounts, priority access to innovative features, and a voice in shaping the ecosystem’s governance.
The CW tokenomics is strategically divided into four distinct stages, each comprising incentives that are intricately tied to user interactions with CardWallet.
Stage 1: Centralized Order Routing. Users Stake and Gain Exclusive Access to the
A commission-free exchange mechanism, offering token-based discounts equivalent to the commission fee.
A quarter of our net income is allocated towards the acquisition of tokens on the open market, which are subsequently removed from circulation through a burning process.
Stage 2. Following Community-Driven Voting, Stakers Enjoy Preferential Discounts in the
In the form of additional tokens, a variable percentage of stake income is distributed. At the end of each month, a community vote takes place to elect a successful Staking Pool Operator (SPO).
Stage 3: Unlocking Peak Profitability for Platform Users
Notably, the focal point lies in the automation of yield farming processes, seamlessly integrating across a diverse array of platforms.
Distinguishing Features of Participation:
- The community exercises its collective voice by voting on proposals and generating new ones for the CardWallet DAO.
- Members of the community are empowered to submit proposals for upgrading CardWallet, denoted as CWIPs.
- Active contributors to the community are incentivized and rewarded for their enthusiastic participation in community life.
Direct access to decentralized autonomous organization (DAO) voting is granted.
Stage 4: Unlocking Privileges – Exclusive Debit Card Access
Additionally, users can request cashback in ADA tokens directly through the application.
The CardWallet Network’s Security Framework: A Robust Defense Mechanism
CardWallet is a straightforward, secure, and decentralized cryptocurrency wallet that boasts hack-resistant architecture, ensuring that access is strictly prohibited unless the keys align perfectly. By storing both private and public keys, CardWallet maintains a seamless status. To facilitate a successful transaction and unlock access to their coins, users must satisfy a crucial condition: the private key must precisely match the corresponding public key.
Cardano, meanwhile, boasts an “environmentally sustainable, verifiably secure” Proof-of-Stake (PoS) protocol, dubbed Ouroboros, which elevates the security guarantees inherent in traditional Proof-of-Work (PoW) consensus mechanisms. Notably, Cardano’s PoS consensus protocol is engineered to drastically reduce the energy expenditure associated with block production, a distinctive characteristic that sets it apart from its blockchain counterparts.
The non-custodial design of CardWallet ensures an unparalleled level of privacy and security for your digital assets, thereby granting you unfettered autonomy over your assets.
Where to Acquire CardWallet (CW) Tokens?
As of January 2022, CardWallet (CW) has successfully secured listings on a minimum of three prominent cryptocurrency exchanges, including Uniswap (V2), MEXC, and HitBTC.
Stay ahead of the curve with the CoinMarketCap mobile app, where you can seamlessly track real-time prices of CW or ADA, anytime, anywhere.
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