A group of eight Bitcoin (BTC) enthusiasts launched a Kickstarter campaign to publish an educational book for America’s federal policymakers, to reduce their reliance on the traditional media narrative on cryptocurrencies. The campaign managed to attract $23,151 in funding, nearly five times the goal of $5,000. The book was conceptualized soon after the United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which mandates stringent reporting requirements for the crypto community. According to the authors: “We set out to write a book to help policymakers understand where Bitcoin users are from and what they care about. We …
Crowdfunding platform Kickstarter will be launching a new company that will eventually see its website move to a blockchain-based system on Celo. In a Wednesday blog post, CEO Aziz Hasan and co-founder Perry Chen said Kickstarter would be developing an open source protocol that will live on the Celo blockchain. The two execs cited the blockchain’s efforts in minimizing its environmental impact — being carbon negative — in addition to the fact it was open source. “We are entering a significant moment for alternative governance models, and we think there's an important opportunity to advance these efforts using the blockchain,” …
One of Loom Network's former employees recently leaked information about the company's Kickstarter-funded game, Relentless (also called Zombie Battleground). The leak alleged that the project, and potentially the entire Loom Network, were no longer actively being developed. The former employee, who has not worked for the company in over a year, claimed that the issues largely stemmed from Loom's former CEO, Matthew Campbell. Campbell left Loom in Feb. 2020, and was replaced by a new CEO. "Dilanka accessed our Kickstarter account without authorization and sent out that rambling update," Vadim Macagon, the current CEO of Loom Network, told Cointelegraph on …
A new blockchain platform is vowing to take on established crowdfunding sites — and argues that their lack of accountability means greater numbers of projects fail to deliver what they promised. Pledgecamp says its approach involves offering transparency through the form of smart contracts — and ensuring that entrepreneurs and the platform they host their projects on are equally invested in a campaign’s success. One of the startup’s features is known as Backer Insurance. Instead of funds being released in full as soon as a target is met, project creators must propose “clear development milestones” before contributions are made. An …
In a land of ICOs that have no tangible product and only a white paper to show, raising millions in investments, a real company that has funded real projects in the past creating real value, is a welcome change. Hackspace Capital is venture capital fund that aims to use the power of Blockchain technology to disrupt the crowdfunding industry with its leaders like Indiegogo, Kickstarter, and GoFundMe. It is a capital fund that explores promising start-ups with the sole focus of providing them with complete support throughout the project's development life cycle. They help in various tasks ranging from the …