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Crowdfunding platform Kickstarter is preparing to move its platform to the blockchain

Crowdfunding platform Kickstarter is preparing to move its platform to the blockchain

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Answer Crowdfunding platform Kickstarter is preparing to move its platform to the blockchain

According to a Bloomberg report, crowdfunding service Kickstarter will move its website to the blockchain, fully adopting the new technology.

Kickstarter is one of the most popular crowdfunding platforms in its field.

The crowdfunding platform Kickstarter will be built on the blockchain and will gradually replace the current system without affecting the user experience.

The move is expected to take place next year, with co-founder Perry Chen calling it a big decision.

Kickstarter will also overhaul its management by creating a new independent entity that will have control over the protocol.

The leading crowdfunding platform has helped fund several promising projects since its launch in 2009, including the popular Oculus VR headset.

Read:Kraken user mistakenly sells Bitcoin over $1,000

Not all companies that have been raised via crowdfunding via the Kickstarter crowdfunding platform are successful.

For example, smart watch manufacturer Pebble raised a record $20 million in 2015, but the project was discontinued in 2018.

Read:KPMG enters the world of blockchain through a new partnership with giants in the field

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