Civic’s model allows for on-demand, secure and lower cost access to identity verification via the blockchain. Background and personal information verification checks may no longer need to be undertaken from the ground up every time a new institution or application requires one. Civic already has a working identity verification product that is available worldwide. Civic has won Best New Startup award at the K(NO)W Identity Conference 2017. In order to embrace their vision of creating a truly decentralized identity ecosystem they now intend to launch a utility token known as the Civic Token (CVC)
Total token supply: 1 billion (1,000,000,000) CVC, of which:
- 33% sold in the tokensale
- 33% retained by Civic
- 33% allocated for distribution to incentivize participation in the ecosystem
- 1% to cover tokensale costs
Maximum cap on crowdsale: $33 million
Purchase methods accepted: BTC and ETH
Token type: Ethereum ERC20