Kickstarter, one of the largest crowdfunding platforms on the market, has announced plans to develop a decentralized version of its infrastructure on Celo.
According to the company’s announcement, the move is set to open up new opportunities for creative projects to come to life.
The king of crowdfunding is making a bit bet on decentralization
The first and one of the largest crowdfunding platforms in the world is making a big bet on the future of decentralization as it unveiled plans to migrate its infrastructure to the blockchain.
In a Thursday announcement, Kickstarter said that it will begin developing an open-source protocol that will create a decentralized version of its core functionality. The protocol will be launched on Celo, an open-source, carbon-negative blockchain platform.
The company said it chose the novel blockchain platform due to its underlying technology and community.
“We’re inspired by the Celo ecosystem’s thoughtful approach to building the tech
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