The crowdfunding platform Kickstarter will launch a new company that will end up moving its website to a system based on the Celo blockchain.
In a Wednesday post, CEO Aziz Hasan and co-founder Perry Chen said that Kickstarter will develop an open source protocol that will live on the Celo blockchain. The two executives cited the blockchain’s efforts to minimize its environmental impact (being carbon negative) in addition to being open source.
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“We are entering an important time for alternative governance models, and we believe there is a significant opportunity to advance these efforts using blockchain,” Chen and Hasan said.
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