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Kickstarter Explained Which Protocol Will Move To Blockchain

The crowdfunding platform Kickstarter announced its transition to blockchain in early December. She has now explained that she will use the open source Celo protocol, which will be available to co-authors and contributors for development and use.

Users criticized the Kickstarter post, comparing it to a "verbal salad." Indeed, the current announcement contains almost no technical details of the move to blockchain. The site said only that sponsors will still be able to pay with ordinary cards, and the creators of the project will receive real money.

Some users after this announcement decided to leave the platform:

Kickstarter promises that more information will be posted soon.

The platform announced plans to create an open source protocol "which will essentially create a decentralized version of the core functionality of Kickstarter." The goal is to use the protocol across multiple platforms, including ultimately Kickstarter.com itself. The platform promised that "the user experience on Kickstarter will remain the same," and users "will not see the protocol, but will benefit from its improvements."

Kickstarter Explained Which Protocol Will Move To Blockchain