Cryptocurrency

"Kickstarter plans to move its crowdfunding platform to the blockchain"

2021-12-08 [vendor] Kickstarter blockchain announcement [chain] celo
Primary Source ↗
Blockchain(s) Celo

Incident Details

Kickstarter announced they have decided to create a decentralized version of their platform, and to create it on the Celo blockchain. This was not entirely well-received, and some major users strongly opposed the idea. Per Gizmodo, “How this will actually work, beyond Kickstarter being able to yell ‘blockchain’ like a spell to summon investors or maybe getting a cut of every project that runs on the resulting protocol, is unclear.”

Technical Details

Vendor / Product
Kickstarter blockchain announcement

Timeline

  1. 2021-12-08 Breach occurred
  2. 2021-12-08 Publicly disclosed