%PDF-1.7 1 0 obj << /Type /Catalog /Outlines 2 0 R /Pages 3 0 R >> endobj 2 0 obj << /Type /Outlines /Count 0 >> endobj 3 0 obj << /Type /Pages /Kids [6 0 R 27 0 R 38 0 R ] /Count 3 /Resources << /ProcSet 4 0 R /Font << /F1 8 0 R /F2 9 0 R /F3 10 0 R /F4 11 0 R /F5 16 0 R /F6 21 0 R >> >> /MediaBox [0.000 0.000 595.280 841.890] >> endobj 4 0 obj [/PDF /Text ] endobj 5 0 obj << /Producer (dompdf 1.0.2 + CPDF) /CreationDate (D:20220627005907+00'00') /ModDate (D:20220627005907+00'00') >> endobj 6 0 obj << /Type /Page /MediaBox [0.000 0.000 595.280 841.890] /Parent 3 0 R /Annots [ 22 0 R 24 0 R ] /Contents 7 0 R >> endobj 7 0 obj << /Length 4823 >> streamq 2.344 0.000 0.000 2.344 35.000 614.390 cm 1.000 0.000 0.000 -1.000 0.000 64.000 cm 1 w 0 J 0 j q 1 w 0 J 0 j q 0.400 0.400 0.400 RG 1.5 w 0 J 0 j 2.000 1.667 60.167 60.500 re S Q q 0.600 0.600 0.600 RG 1.5 w 0 J 0 j 4.250 4.333 m 59.750 59.333 l S Q q 0.600 0.600 0.600 RG 1.5 w 0 J 0 j 60.062 3.750 m 4.063 60.000 l S Q Q Q 0.500 0.500 0.500 rg BT 35.000 757.190 Td /F6 8.0 Tf [(Image not found or type unknown)] TJ ET 0.000 0.000 0.000 rg BT 35.000 586.608 Td /F4 16.5 Tf [(Kickstarter intends to integrate blockchain)] TJ ET BT 35.000 542.740 Td /F5 14.0 Tf [(Description)] TJ ET BT 35.000 497.636 Td /F4 12.0 Tf [(Kickstarter, the world s most well-known crowdfunding platform, wishes to enter the world)] TJ ET BT 35.000 479.198 Td /F4 12.0 Tf [(of blockchain. Following the )] TJ ET 0.000 0.000 0.800 rg BT 206.336 479.198 Td /F4 12.0 Tf [(official announcement)] TJ ET 0.000 0.000 0.800 RG 0.528 w 0 J [ ] 0 d 206.336 476.781 m 340.400 476.781 l S 0.000 0.000 0.000 rg BT 340.400 479.198 Td /F4 12.0 Tf [(, the platform will integrate blockchain)] TJ ET BT 35.000 460.760 Td /F4 12.0 Tf [(technology in collaboration with blockchain )] TJ ET 0.000 0.000 0.800 rg BT 299.708 460.760 Td /F4 12.0 Tf [(Celo)] TJ ET 0.528 w 0 J [ ] 0 d 299.708 458.343 m 326.144 458.343 l S 0.000 0.000 0.000 rg BT 326.144 460.760 Td /F4 12.0 Tf [(.)] TJ ET BT 35.000 430.322 Td /F4 12.0 Tf [(The new network s goal is to replicate all of Kickstarter s services, but in a decentralized)] TJ ET BT 35.000 411.885 Td /F4 12.0 Tf [(manner. With this, the company hopes to leverage its crowdfunding experience to provide)] TJ ET BT 35.000 393.447 Td /F4 12.0 Tf [(better tools to its users.)] TJ ET BT 35.000 363.009 Td /F4 12.0 Tf [(However, no information about the amount of money allocated to this new initiative or its)] TJ ET BT 35.000 344.571 Td /F4 12.0 Tf [(name has been released. Kickstarter, on the other hand, has stated that it plans to switch)] TJ ET BT 35.000 326.134 Td /F4 12.0 Tf [(to the new protocol in 2022.)] TJ ET BT 35.000 285.381 Td /F5 18.0 Tf [(Crowdfunding on a Decentralized Basis)] TJ ET BT 35.000 250.159 Td /F4 12.0 Tf [(During the first phase, Kickstarter established an independent organization tasked with)] TJ ET BT 35.000 231.721 Td /F4 12.0 Tf [(developing an open source protocol. 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DejaVu changes are in public domain DejaVu SansBoldDejaVu Sans BoldDejaVu Sans BoldVersion 2.37DejaVuSans-Bold~Z33f n $`) PfEd m endstream endobj xref 0 48 0000000000 65535 f 0000000009 00000 n 0000000074 00000 n 0000000120 00000 n 0000000342 00000 n 0000000371 00000 n 0000000520 00000 n 0000000649 00000 n 0000005524 00000 n 0000005633 00000 n 0000005740 00000 n 0000005853 00000 n 0000005997 00000 n 0000006393 00000 n 0000007192 00000 n 0000007261 00000 n 0000007512 00000 n 0000007661 00000 n 0000008057 00000 n 0000008487 00000 n 0000008556 00000 n 0000008700 00000 n 0000008810 00000 n 0000008938 00000 n 0000009071 00000 n 0000009199 00000 n 0000009303 00000 n 0000009332 00000 n 0000009477 00000 n 0000014935 00000 n 0000014965 00000 n 0000015093 00000 n 0000015197 00000 n 0000015325 00000 n 0000015426 00000 n 0000015554 00000 n 0000015629 00000 n 0000015757 00000 n 0000015881 00000 n 0000015986 00000 n 0000017006 00000 n 0000017206 00000 n 0000030727 00000 n 0000030933 00000 n 0000037132 00000 n 0000037332 00000 n 0000050853 00000 n 0000051059 00000 n trailer << /Size 48 /Root 1 0 R /Info 5 0 R /ID[<920502dba78fdd0e1eb9b43f48aa667e><920502dba78fdd0e1eb9b43f48aa667e>] >> startxref 57258 %%EOF Kickstarter Intends To Integrate Blockchain - Sandboxly

Kickstarter intends to integrate blockchain

kickstarter blockchain 1
kickstarter blockchain 1

Kickstarter, the world’s most well-known crowdfunding platform, wishes to enter the world of blockchain. Following the official announcement, the platform will integrate blockchain technology in collaboration with blockchain Celo.

The new network’s goal is to replicate all of Kickstarter’s services, but in a decentralized manner. With this, the company hopes to leverage its crowdfunding experience to provide better tools to its users.

However, no information about the amount of money allocated to this new initiative or its name has been released. Kickstarter, on the other hand, has stated that it plans to switch to the new protocol in 2022.

Crowdfunding on a Decentralized Basis

During the first phase, Kickstarter established an independent organization tasked with developing an open source protocol. In turn, this protocol emulates the functionality of Kickstarter’s main platform, but in a decentralized manner.
To put it another way, the company intends to establish a Decentralized Autonomous Organization (DAO).

Kickstarter Public Benefit Corporation (PBC), an organization founded by Kickstarter in 2015, will fund the new network. Through Kickstarter funding, the organization will lead the protocol’s development.

A Governance Lab will be established as part of the new project to conduct research on the subject. In this sense, the initiative intends to establish the new DAO’s rules and governance criteria, with the goal of preventing problems from arising.

Kickstarter Collaboration with Celo Blockchain

Kickstarter has chosen Celo’s network, a blockchain with a low carbon footprint that can be run on smartphones. In a statement, Kickstarter emphasized the benefits of Celo that led to the decision.

According to a blog post on the company’s website, the plan is to take things slowly in terms of how the protocol will affect the user experience. “As a user, you will continue to have the same Kickstarter experience. You will not be able to see the protocol, but you will benefit from its advancements,” the text states.

The adoption of blockchain will have little impact on Kickstarter’s business model. According to the company, both the user experience and the business model will remain unchanged.

Kickstarter, founded in 2009, is the world’s largest and most well-known crowdfunding platform, used to raise funds for a wide range of projects. Since its inception, the company has moved $6 billion and assisted in the completion of over 200,000 projects worldwide.

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