Bitclave Bitclave

Bitclave

Created using Figma
Created using Figma
BitClave’s decentralized solution enables companies big and small to participate in a common ecosystem. The innovative search technology enables sellers to pay directly for outcomes, optimizing marketing spend for results; users and other data providers are paid on the data’s value, measured by conversions (not clicks); and consumers gain access to monetary incentives and lower-cost goods while gaining control over their personal information. BitClave’s ecosystem uses the blockchain to encode the value of data in the data itself, enabling transactions that are both anonymous for consumers (until such time as they chose otherwise, e.g., complete a purchase transaction), while providing attestation required to charge sellers for outcomes and pay users for their data. Consumer privacy is built into the very fabric of the BitClave decentralized search ecosystem by design.
Nov 8, 2017
Dec 8, 2017
100% completed
$25 547 000
100% goal completed
past
Sep 14, 2017
Oct 14, 2017
100% completed
$16 532 341
100% goal completed
past
  • 1 CAT
    =
    0.07 USD
Jul 25, 2017
Aug 1, 2017
100% completed
no data
past

About Bitclave

BitClave envisions a world where smart contracts replace the need for middlemen, changing the way communities use the Internet. Our main goal is to build a new standard for relationships between businesses and customers based on smart contracts.

The problem

The existing marketing ecosystem is largely controlled by only a few big players.

When it comes to online advertising, businesses are forced to pay exorbitant amounts of money to “middlemen” in order to reach a captive audience for their promotions. The promotions, however, often get placed among many other ads clogging up the space on crowded banners, or simply end up in someone’s spam box. Businesses also have little to no guarantee that the traffic they generate on their promotions is genuine. In fact, nearly 50% of all advertising traffic is generated by bots, essentially defeating the entire purpose of advertising.

 Offline advertising is a similar story. More often than not, offline advertisers promote content with a “hit or miss” mass mailer mentality. Hoards of messages are slammed into users' faces with little or no targeting, resulting in a dubious correlation between offline ad dollars and return on investment. This, along with other factors, contributes to extremely low conversion rates. Promotions are largely delivered to those who simply do not care for the product or whose attention is likely focused on something else.

 These ineffective measures, both offline and online, negatively impact the whole service value chain. The more companies are forced to pay to “middlemen”, such as Google and Facebook, the more money consumers have to pay for the products. Businesses end up losing money, and consumers end up paying more for less value, creating a lose-lose situation.

The solution

A decentralized ecosystem directly connecting consumers and businesses.

In order to counteract the problems described above, BitClave proposes a system in which the intermediaries are eliminated. Instead of paying any “middlemen”, companies automatically make personalized offers directly to consumers who have opted in for the service, as illustrated above.

In this ecosystem, consumers have control over their own data and can opt into advertising and analytics services by retailers through the use of smart contracts. This not only ensures that companies are making their offers to an audience that is more inclined to view and interact with the product, but also allows consumers to earn money for viewing these promotions.

This system also ensures increased user privacy. ”Free” services, such as Google and Facebook, often sell user data to brokers. With the BitClave Ecosystem in place, however, this is no longer a concern as companies sell their promotions to consumers firsthand.

Token CAT

During the period November 29, 2017 – December 29, 2017 fundraising campaign will accrue.

The maximum number of tokens implemented in the ecosystem is 2,000,000,000. The software does not permit change to the number of implemented tokens after the smart contract is deployed on the Network. The maximum number of CAT Tokens available for purchase will be 1,000,000,000.

  • Community grants: 10%
  • Team: 10%
  • Long term budget: 30%
  • Fundraiser: 50%

Use of Proceeds

  •  Development: 38% of the budget. This financing allows for the rollout of the solution, including the necessary adjustments.
  • Administration: 7% of the budget. Consists of associated administration costs.
  • Community: 37% of the budget will focus on expanding adoption. This also includes the growth and maintenance of the worldwide community.
  • Advisers: 5% of the budget. These funds will be directed at growth-hacking, PR, partnerships, affiliate programs and more.
  • Legal expenses: 5% of the budget.
  • Contingency: 8% of budget. This is a set-aside for unforeseen costs.
 

Features

- BitClave Active Search Ecosystem (BASE) which allows the storing and managing of vast amounts of untraceable to specific individuals data consisting of records of customer activities
- This gives the customer control over what data is allowed to be created, shared, and accessed, all through the use of blockchain and smart contracts
- Consumer Activity Token (CAT) will be used to facilitate rewards within the system for all sorts of services that available on the BASE

Technical Info

Technical details:  Overall, the system has two major components: - The anonymized activity ledger, a decentralized account of relevant customer and retailer activities, including any retail activities that are observable by some party in the ecosystem (e.g., visiting a retail store, buying a product, rating a retailer). Personally identifying information is masked using an activity ledger anonymity mechanism to selectively hide individual customer/retailer identities while still allowing certain types of decentralized analytics to be computed over the ledger data, and other ledger entry fields may contain encrypted data that is only available to specific groups (e.g., conditioned release in response to achieving a smart contract trigger). Based on the ledger entries, group members will be able to perform activity ledger analytics operations to identify activity features or retail trends that enable marketing or business opportunities, for example offering discounts for a popular item or inviting customers to attend a product demo - On top of the activity ledger, will be a token exchange to provide incentives and rewards across interested parties and groups. Entities can earn tokens by contributing activity data to the ledger or through creation and execution of smart contracts with other parties Proof of developer:  Public team

Roadmap

  • Q1 2017

  • Assembling the co-founding team and developing initial idea
  • Q2 2017

  • - Building development and marketing team- Creating a first draft of white paper
  • Q3 2017

  • - Initial pre-sale- Internal testing of alpha version- Signing initial partners and customers- Release of smart contracts- Start of alpha and first customers- Start of crowdfunding event
  • Q4 2017

  • - Completion of crowdfunding event- Token distribution- Listing on exchanges- Release of beta version of the product- Partnership with scalable blockchains
  • Read More
  • Q1 2018

  • - Improvements of Anonymization and Ranking system in collaboration with CMU- Release of open source SDK- Building of ecosystem with development community participation
  • Q3 2018

  • - Partner releases of vertical solutions - Job Search, Retail and Automotive Search, Real Estate Search- Signing partners and customers
  • Q1 2019

  • - Scalability development- Integration with scalable file system-Search optimizations

Materials

Bitclave

Activity

Status:
Jr. Member
LOW
Activity:
76
LOW
Merit:
0
VERY LOW
Posts:
3 224
VERY HIGH
Views:
76 922
VERY HIGH
Users:
555
VERY HIGH
Posts:
567
VERY HIGH
Followers:
448
VERY LOW
Likes:
387
VERY LOW
Followers:
10 858
VERY HIGH
Tweets:
868
VERY HIGH
Members:
10 112
VERY HIGH
Alexa
Rank:
561 679
VERY LOW
Delta:
395 724
Year commits:
733
Watchers:
106
Stars:
147
Forks:
43
Open issues:
7
youtube
Videos:
20
MEDIUM
Subscribers:
1 401
VERY LOW
Views:
2 887 659
VERY HIGH
Likes:
10 237
VERY LOW
Dislikes:
78
VERY HIGH

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Foundation Council
unverified
Foundation Council
unverified
Chief Architect & Co-Founder at BitClave
unverified
Digital Marketing Manager at Snowplow Analytics |...
unverified
Product Manager at BitClave
unverified
PR Professional
unverified
iOS/C++/Blockchain Developer
unverified
Senior Software Engineer – BitClave
unverified
Head of Business Development at The Element Group
unverified
Corporate Securities Attorney -- Finance, Transact...
unverified
Managing Partner at Park & Dibadj
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Community Advisor
unverified
Governance Advisor
unverified
Strategy Advisor
unverified
Data Privacy Advisor
unverified
Technology Advisor
unverified
Science Advisor
unverified

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