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Kickstarter focuses on the blockchain to change the way crowdfunding is done

Kickstarter focuses on the blockchain to change the way crowdfunding is done

The blockchain is a technology, made popular above all by Bitcoin, which allows different blocks of information to be connected to each other, in a secure way thanks to cryptography and in a decentralized way . The uses of this are many, and not necessarily related to cryptocurrencies.

Kickstarter , the popular crowdfunding platform, is working on the creation of an open source protocol which will serve to create “a decentralized version of the main features of Kickstarter “: the protocol in question will exploit a blockchain and will be usable by everyone (including platform competitors) for the creation of no better specified services.

The protocol will be developed by a private company, which will receive funds from Kickstarter: this will be based on a modified version of the Celo blockchain and should become operational in 2022 . At the moment it is difficult to understand what real benefits will be brought to the platform and we therefore await further news from the company.

Via: The Verge
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