🔍Name: BitClave
💡What: a decentralized search engine on the blockchain
⌚️When: 11/08/2017
🔗Blockchain: Ethereum
💸Presale info: Pre-ICO passed, ~$16 million was raised
💰ICO Hard Cap: 550,000 tokens (~$26 million), for 6 days ~$17 million was raised
🕺Team: The project team has deep competencies in the field of IT and cybersecurity. A strong team of project participants, including blockchain consultants and lawyers. Alex Bessonov, CEO - more than 20 years of work in the field of security and confidentiality. Former head of the security department at LG Electronics. Alex was the founder and general manager of WhiteCryption, a company focused on security and cryptography. WhiteCrypton is a successful company with Fortune 500 customers. Patrick Teig, project technical director is a research fellow at the Carnegie Mellon University, engaged in research in electrical engineering and computer engineering. He leads the Mobile, Embadded and Wireless Security (MEWS) group on the Silicon Valley campus. Patrick's research interests include wireless communications and networking; wireless and mobile security; reliable and stable network systems; analysis and creation of sensory network data
👨💻Social activity: The project code is laid out on the Git Hub. High activity in Slack. About 48 thousand views on Bitcointalk. The high activity of subscribers in Facebook and Twitter - about 28 and 17 thousand subscribers, respectively.
🤹🏻Hype-score: ⬆️ high
📃Project description: BitClave is a decentralized search engine on the blockchain with the ability to monetize advertising. The BitClave Active Search Ecosystem (BASE) will provide advertisers, brands and users with the opportunity to profit from relevant search query in the BASE ecosystem by eliminating intermediaries. Instead of paying intermediaries, companies can automatically create personalized offers for consumers willing to receive such offers. BitClave users will profit by selling their data to their interests to advertising companies, they will be able to protect data from hackers and choose who to access to information with blockchain contracts. In the proposed system, companies will be able to find, for example, dog owners and offer them a product or service in the form of advertising. The alpha version of the product is available on the project website. It is worth noting the high competition in the industry, companies such as Google and Yandex may put under threat the development of the project
🛣Road-map: The project team has a roadmap for the development of the project until the end of the first quarter of 2019. In the 1st quarter of 2018 it is planned to develop an ecosystem. In the 3rd quarter of 2018 - release partners based on the Bitclave ecosystem; signing agreements with partners and customers. In the 1st quarter of 2019 - search engine optimization; Improved project scalability
🌪Risk-score: ➡️ average