BitClave
BitClave
Nov 29, 2017 · 2 min read

BitClave’s token sale has finished, having met the hard cap of $25.5 million within 32 seconds after the official start of the sale on Nov 29. There were 13 168 transactions made during the crowdsale. It’s a tremendous result, that highlights the level of interest and confidence in the concept and suggests a bright future for the project.

This spectacular result would not have been possible without the support we’ve had from our community and followers. We’re incredibly grateful for this network we have and for all the support we received during this process. Thank you for making the BitClave token sale an overwhelming success!

We are still going through KYC process. Unfortunately, but it could happen, that some participants will not pass the KYC verification and their tokens will be returned back to the token sale pool. Here is how the process looks like:

  • After the KYC documents are submitted, we will run through verification procedure and will communicate the results as soon as these are available. If you do not see any notification, it means your application is still in process and there is nothing to worry about.
  • Participants that did not pass KYC verification will get their contribution back after the completion of KYC procedure
  • This process will take at least 5 days and at most 4 weeks
  • The tokens will be locked till completion of KYC procedure for all participants.

That means you still can make a deposit now, and in case some tokens will get available, your deposit will get processed. You can withdraw this deposit any time and we will automatically return your deposit in case tokens are not available.

The token sale is only the beginning of the journey. For the next step, we are going to hit the market with a first mass solution and clearly demonstrate the usefulness of the system. You can expect announcements such as open source SDK releases, commercial partnerships, and community grants all aimed at bootstrapping and growing the network.

Again, thanks to all of you for standing with BitClave and helping us build a unique system that will offer a tremendous benefit to people and businesses. Stay tuned!

BitClave

Decentralized Search Ecosystem based on Blockchain Technology

BitClave

Written by

BitClave

The future of search is here! World's First Decentralized Search Ecosytem. 🔎 Blockchain based. 🔗 Check Desearch.com 🚀

BitClave

BitClave

Decentralized Search Ecosystem based on Blockchain Technology

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade