Kickstarter completes US$100 million in financing, led by a16z crypto

According to Fortune magazine, American crowdfunding platform Kickstarter has completed a $100 million fundraising round, with a16z crypto as the lead investor and participation from Yes VC. As a return to a16z, Kickstarter will transform into a Web 3 company, moving its entire platform onto the Celo blockchain, allowing users to create their own mini-platforms centered around niche interests such as anime, and attract more people while sharing profits with Kickstarter. Kickstarter was founded in 2009 as a website that allows artists or creators to crowdfund their new albums, board games, or comic books from the public.