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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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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
CVC Latest Updates
March 19, 2018

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September 07, 2017

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July 18, 2017

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June 20, 2017

Optimizing for Network Success

My previous post about Vanity Headlines not being the goal for Civic’s upcoming Token Sale at 6am PDT on Wednesday 21 June was well received from the community as the right way to conduct a crowd sale of tokens. We are breaking new ground here and there are no best practices yet in our...

From: Vinny Lingham

June 06, 2017

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From: Vinny Lingham

May 24, 2017

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From: Vinny Lingham

April 24, 2017

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March 21, 2017

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March 19, 2017

The Power of the Invisible Hand

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March 15, 2017

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