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A comment on Algorand – Fast, low fees and sustainable blockchain. Parent comment

Re:Algorand – Fast, low fees and sustainable blockchain by afurculita on Sunday November 21, 2021 @01:04AM (#29294514)
The best recent case that couldn't happen without a blockchain is ConstitutionDAO.
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Re:Algorand – Fast, low fees and sustainable blockchain by UncleMeat on Monday November 22, 2021 @11:26AM (#29308157)
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.

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Re:Algorand – Fast, low fees and sustainable blockchain by coolspot on Sunday November 21, 2021 @02:00AM (#29294683)
Kickstarter exists
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Re:Algorand – Fast, low fees and sustainable blockchain by capableweb on Sunday November 21, 2021 @05:11AM (#29295267)
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.

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Re:Algorand – Fast, low fees and sustainable blockchain by Tepix on Sunday November 21, 2021 @05:25AM (#29295309)
Star Citizen raised hundreds of millions without the use of a blockchain.
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Re:Algorand – Fast, low fees and sustainable blockchain by capableweb on Sunday November 21, 2021 @05:28AM (#29295322)
And so does the multiple of IPOs that happen every day. Does that mean blockchain is useless for that purpose?
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Re:Algorand – Fast, low fees and sustainable blockchain by acjohnson55 on Sunday November 21, 2021 @10:33PM (#29302436)
Why couldn't it?
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