Civic / CVC

Identity verification via the blockchain
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About Civic / CVC

ICO Start

Ended

ICO End

Ended

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.


Token Info
TokenCivic / CVC
PlatformEthereum
TypeUnknown
Tokens for SaleUnknown
Investment Info
AcceptingUnknown
Price in ICO0.1000 USD
Distributed in ICOUnknown
Raised$33,000,000

Timeline / Roadmap

May 25 2017

Civic announces token sale

June 21 2017

Crowdsale starts

June 28 2017

Crowdsale ends

July 2017

Ecosystem development begins

Team Members

Team Members
Vinny Lingham
CEO
Team Members
Jonathan Smith
CTO


About Civic

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 our vision of creating a truly decentralized identity ecosystem we now intend to launch a utility token known as the Civic Token (CVC)

Civic’s ecosystem

Incentivizes only trustworthy Identity Verification (IDV) providers, for example, banks, utility companies, amongst many others
These entities will be able to verify the attributes of the identity of an individual or business and attest to those attributes on a blockchain
Through the use of smart contracts, Validators will be able to price their identity verifications and offer them to other participants, resulting in a robust and decentralized identity verification ecosystem

Civic’s token (CVC)

Validators receive CVCs when other participants utilize their attestations to prove identities
Users receive CVCs for providing their data more securely and privately through the ecosystem
All categories of participants can utilize CVCs for identity-related products and services provided by Civic and third parties through the ecosystem

Civic’s new ecosystem will reduce the overall cost of KYC, remove inefficiencies, enhance security and privacy, greatly improve user experience and disrupt the current identity verification supply chain.

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