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Web3 Graveyard
DiscontinuedCentralized bitcoin marketplaceBitcoin2013–2015

Buttercoin

Google Ventures backed its bitcoin marketplace

A US bitcoin marketplace connecting buyers and sellers.

Capital raised (announced)
Reported figures differ

Conflicting cumulative financing reports.

People

NameRolePeriodNowLast checked
Cedric Dahl—Founder, The 1000x GroupOct 2026

How it ended

Buttercoin said it could not secure the funding needed to continue. CoinDesk later reported CEO Cedric Dahl’s account of a tactical fundraising mistake; the closure was not presented as customer insolvency.

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Sources

5 sources behind this page.

  1. 1Bitcoin Marketplace Buttercoin Folds Despite $2.1 Million Investment · CoinDesk · Apr 2015
  2. 2Buttercoin CEO Reveals Tactical Mistake That Led to Company Closure · CoinDesk · Apr 2015
  3. 3me.sh: professional biography · me.sh
  4. 4RocketReach: professional biography · RocketReach
  5. 5Buttercoin, A Bitcoin Startup, Is Shutting Down · TechCrunch · Apr 2015

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.

Buttercoin · Web3 Graveyard