Wikipedia founder Jimmy Wales has said the not-for-profit online encyclopedia platform will “never” hold an ICO or issue its own cryptocurrency.
Speaking to Business Insider after giving a speech at a recent blockchain event in Berlin, Wales told the news source:
“We are absolutely never going to do that. Zero interest.”
Wales was speaking at the Berlin event largely because “People pay me to give speeches,” he said.
However, he added that, while he has “reservations” about blockchain, “It’s a super-interesting technology, but it’s clearly a bubble with a lot of mania and hype around it.”
With its pages maintained by volunteers from the public and an ICO ruled out, Wikipedia will keep running via traditional donations – including ones made in bitcoin. Wikipedia started accepting the top cryptocurrency by market value in 2014, after Wales initially said he was “cautious” about the technology.
Jimmy Wales image via Joi Ito/Wikimedia