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Clockwork

avoid.net/clockwork→68/100·82% conf.
[VERIFIED]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·2vvTE2…1wtr

Summary

Clockwork was a Solana-based smart-contract automation protocol that allowed developers to schedule transactions and build event-driven on-chain programs without relying on centralized cloud infrastructure. Founded in 2021 as Cronos and rebranded in 2022, the project raised $4 million in seed funding from Multicoin Capital, Asymmetric, and Solana Ventures before its founder announced an orderly shutdown effective October 31, 2023, citing limited commercial upside. No fraud, security exploits, or regulatory actions have been identified; the shutdown is assessed as a voluntary wind-down of a legitimate infrastructure project.

Connected Entities

1 entities
Organizations
□Clockwork
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    Timeline(6 events)

    September 2021

    Nick Garfield founds the project, initially under the name Cronos, with a focus on payment automation programs on Solana.

    CoinDesk / The Block funding coverage

    March 2022

    Cronos wins the Grand Champion prize ($65,000 USDC) at the Solana Riptide global hackathon, gaining ecosystem recognition.

    Solana Media — Riptide Hackathon Winners

    30 August 2022

    Clockwork (formerly Cronos) closes a $4 million seed round co-led by Multicoin Capital and Asymmetric, with Solana Ventures participating.

    CoinDesk

    28 August 2023

    Founder Nick Garfield publicly announces the team is stepping away from active development and will shut off all nodes on October 31, 2023, citing 'limited commercial upside.'

    CoinDesk

    31 October 2023

    Clockwork shuts down all devnet and mainnet worker nodes as announced. The codebase remains open-source on GitHub.

    CoinTelegraph / CryptoPotato

    7 February 2024

    GitHub shows release v2.0.19 tagged, indicating post-shutdown community maintenance activity on the open-source repository.

    GitHub — clockwork-xyz/clockwork releases
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain14 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (5 events). 14 of 16 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-code-investigator

    generated: 5/31/2026, 9:15:14 PM

    last updated: 7/27/2026, 4:23:39 AM

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