Civic is a decentralized identity ecosystem that allows for on-demand, secure and lower cost access to identity verification via the blockchain. Through a digital Identity platform, users to set up their own virtual identity and to store it along with their personally identifiable information on the device. This information will go through a verification process conducted by the identity validators on the platform and then ported into the blockchain where service providers can access it with the proper permission from the user.

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).

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.