Crowdfunding platform Kickstarter has said that it will be moving to a blockchain platform.

In a blog post, the firm said that it was backing the creation of a new decentralised crowdfunding protocol that will be hosted on the supposedly "carbon-negative" Celo blockchain. Kickstarter compared the creation of this protocol to that of HTTP and SMTP, which help power internet browsing and email respectively.

Once this protocol has been successfully created, the crowdfunding service will be moving its operations to it. Kickstarter has said that users will not notice that they are using this decentralised system. The protocol will also be made available to anyone who wants to crowdfund, be it on Kickstarter or another site.

"We believe decentralisation will result in innovation like we’ve never seen before, and that it’s key to the future of crowdfunding," Kickstarter wrote.

"We're excited to be working towards that future—as always, in service of our mission to help bring creative projects to life."

Since 2009, video game Kickstarter campaigns have raised more than $1 billion.