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Web3 Graveyard
DiscontinuedBlockchain advertising infrastructureEthereum2016–2020

BitClave

Its final token-sale phase hit the cap in 32 seconds

A blockchain-based search and advertising platform designed to reward users with CAT tokens.

Capital raised (announced)

Funding

RoundDateAnnouncedInvestors
CAT initial coin offeringUnknownNot disclosed

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Alex Bessonov—Not establishedOct 2026
Vasily Trofimchuk—Not establishedOct 2026
Emmanuel Owusu—Works at Thermo Fisher ScientificOct 2026
Patrick Tague—Associate teaching professor, Carnegie Mellon UniversityOct 2026

How it ended

Baker McKenzie reported that BitClave was winding down and would no longer develop or support its platform. A settlement established a fund for returning money to investors; no completed repayment total is established here.

Still alive

Open spot

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Sources

10 sources behind this page.

  1. 1Company That Raised $25.5 Million In 32 Seconds Agrees to Return That Amount to Investors · Baker McKenzie · Jun 2020
  2. 2BitClave company profile · BitClave via LinkedIn · user-editable
  3. 3BitClave Partners with Trust Wallet for Better Token Management · BitClave via Medium
  4. 4Carnegie Mellon University: professional biography · Carnegie Mellon University
  5. 5Carnegie Mellon University: professional biography · Carnegie Mellon University
  6. 6BitClave ICO review · CoinGape
  7. 7BitClave ICO ordered to return investors’ funds by the SEC · CoinGeek · May 2020
  8. 8RocketReach: professional biography · RocketReach
  9. 9BitClave founder profile · Tracxn · user-editable
  10. 10ZoomInfo: professional biography · ZoomInfo

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.