🚀🎉 Hey blockchain enthusiasts! Kickstarter has closed a $100 million fundraising round led by a16z and Yes VC, valuing the company at nearly $400 million! 🌟
🔍 Andreessen Horowitz wants Kickstarter to turn to blockchain technology with its new financial support. This challenging offering involves moving the entire platform to the Celo blockchain, another portfolio company of a16z, and operating as an open-source protocol. 🌐
📱 Celo simplifies payments for mobile users by connecting phone numbers with crypto wallet addresses. Ethereum started as a network that wanted to evolve into Layer 2. 🔗
👥 Users can appeal to a wider audience by establishing mini platforms around specific interests and share the generated profits with Kickstarter. This structure is reminiscent of projects such as decentralized social network Farcaster. 💰
📢 “$8 billion has been donated to creative projects on Kickstarter since 2009. As we look to the future, we will continue to centralize everything in our community,” said a Kickstarter spokesperson. 🌍
🎯 Kickstarter's move towards blockchain technology and new funding round aims to involve more users and creators by contributing to the Web3 space. 💥
What are you thinking? Share your ideas in the comments! 🗣️#blockchain#Kickstarter #Web3