#Kickstarter blockchain tv#

There were also a bunch of projects that burned through their cash and never delivered.

#Kickstarter blockchain tv#

Kickstarter helped finance new records from Amanda Palmer ($1.2 million) and the pop group TLC ($430,000) and revived cult classic TV shows like Mystery Science Theater 3000 ($5.8 million) and Veronica Mars ($5.7 million). The Peloton stationary bike started with a Kickstarter campaign ($307,332 raised), and so did the Oculus VR headset ($2.4 million). Embarking on the project was a “big decision,” said co-founder Perry Chen, but it was ultimately an easy one to make because it fits with Kickstarter’s mission, which is “to help bring creative projects to life.”Ĭhen started Kickstarter with a pair of art-loving friends in 2009, and it was a near-instant hit with cash-strapped go-getters and eventually with celebrities and big companies looking to test consumer demand. The change will take place entirely behind the scenes and shouldn’t affect how people use the site, the New York-based company said.

Development is slated to begin in the first quarter of next year, and Kickstarter expects to transition its site to the new protocol sometime in 2022. The new company does not yet have a name. When it’s ready, Kickstarter will switch its own website to the new system and will make the tools available for anyone to create a competing crowdfunding site. It’s hatching a new company to build a crowdfunding platform much like Kickstarter’s but based on blockchain technology. On Wednesday, Kickstarter plans to unveil a project that will merge the two worlds. It was, in some ways, a harbinger of today’s digital economy built around cryptocurrencies, decentralized organizations and NFT art. (Bloomberg) - For more than a decade, Kickstarter PBC has convinced the public to pay people to follow through on their ideas to build a gadget, make a film or create a piece of art.