Crowdfunding platform Kickstarter will be launching a new company that will eventually see its website move to a blockchain-based system on Celo.
In a Wednesday blog post, CEO Aziz Hasan and co-founder Perry Chen said Kickstarter would be developing an open-source protocol that will live on the Celo blockchain. The two execs cited the blockchain’s efforts in minimizing its environmental impact — being carbon negative — in addition to the fact it was open source.
“We are entering a significant moment for alternative governance models, and we think there's an important opportunity to advance these efforts using the blockchain,” said Chen and Hasan.
Bloomberg reported that Kickstarter planned to transition its website to the blockchain platform
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