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Civic ICO summary information

Conceptual Model

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.

Project Description

CVC is an Ethereum-based token used by service providers that are looking to acquire information about a user. These can make a payment in CVC. The smart contract system employed will then see funds delivered to both the validator and the identity owner (user).Team: Vinny Lingham: CEO. (Twitter);Jonathan Smith: CTO. (Twitter);Anthony Di Iorio: Technical Advisor. (Twitter);Matt Roszak: Technical Advisor. (Twitter);Jeff Garzik: Technical Advisor. (Twitter);Juan Benet: Technical Advisor. (Twitter);Diego Gutiérrez Zaldívar: Technical Advisor. (Twitter);Jeffrey Paul: Technical Advisor. (Twitter);Civic held its ICO on June 21, 2017. The ICO token supply represents 33% of the total token supply, so there was a total of 330,000,000 tokens available at the offering (although already 220,000,000 were sold during the pre-sale) The ICO funding cap was $33,000,000 USD and ended on June 22, 2017 raising a total of $33,000,000 USD.Token Reserve Split (67%):33% Retained by Civic;33% Allocated for distribution to incentivize participation in the ecosystem;01% Tokensale Costs;Civic ICO campaign had no bonuses, discounts, or escrow. Since CVC is an Ethereum token, it is also not be mineable.

Founders and Associates

Vinny Lingham -CEO

Jonathan Smith -CTO

Matt Roszak -Co-founder and chairman of Bloq & Civic technical advisor

Jeff Garzik -Co-founder and CEO of Bloq & Civic technical advisor

Juan Benet -Founder, CEO at Protocol Labs, Inc. & Civic technical advisor

Diego Gutiérrez Zaldívar -CEO & Co-founder at RSK Labs & Civic technical advisor

Anthony Di Iorio -CEO & Founder at Jaxx and Decentral, Founder at Ethereum & Civic technical advisor

Jeffrey Paul -Hacker, Researcher, Speaker, Entrepreneur, EEQJ, Inc. & Civic technical advisor

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CVC Latest Updates
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September 07, 2017

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June 20, 2017

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June 06, 2017

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May 24, 2017

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March 19, 2017

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