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by afurculita 1678 days ago
The best recent case that couldn't happen without a blockchain is ConstitutionDAO.
3 comments

There have absolutely been rapid meme based crowd funding of projects in the past. Crypto enhances it because there are a lot of people who’ve made so much money that handing it out like candy is something they can do, but that really wasn’t new.

Also, they lost.

Kickstarter exists
Just like MySpace existed when Facebook launched, and no one is using Facebook today.

Seems the biggest Kickstarter ever was Pebble, which raised 20 million USD, while ConsititutionDAO seems to have raised ~49 million USD. That's more than double the funds, even while being on a shorter deadline.

Star Citizen raised hundreds of millions without the use of a blockchain.
And so does the multiple of IPOs that happen every day. Does that mean blockchain is useless for that purpose?
Why couldn't it?