Kickstarter will switch to the blockchain in 2022

A crowdfunding platform will use Celo's blockchain

09.12.2021 - 11:15

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1 min

What’s new? The representatives of the Kickstarter crowdfunding platform have announced on their website that they will begin developing an open-source protocol to the transition to a decentralized platform. The new version of Kickstarter will be built on a carbon-negative blockchain, Celo.

The Kickstarter announcement

How will the development be conducted? The company will create a new independent organization, Kickstarter PBC, which will be responsible for the development of the project. Later, the Kickstarter website itself will be switched to this platform. The Kickstarter representatives have noted the emergence of the new management and regulation systems in their project, which include the right to vote, but have not yet reported on the creation of their own token.

What changes are coming to the website? The Kickstarter representatives stated:

“You won’t see the protocol [blockchain], but you will benefit from its improvements.”

The representatives of the platform claim that the interface of the website will not change in any way. More detailed information about the project will be available soon.

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