What is the Civic ICO?

The idea is that anyone can use their Civic identity anywhere on the web to verify their details using blockchain technology. The project was led by Vinny Lingham, a well known figure within Bitcoin, and the Civic ICO was held in June 2017, raising $33 million in two days.

What is a civic Coin & how does it work?

The civic cryptocurrency is a utility token designed to be used in the verification process. Service providers pay for the verification of each identity using civic coin, and the rewards are split between the validator and the user. Users can also earn tokens by completing other tasks on the app, such as introducing new users.

What is the Civic coin network?

The Civic blockchain network has been around for quite some time. It’s a reasonably popular platform that utilizes the Civic Coin crypto to incentivize users to reveal their identities. That said, the Civic Coin network can be a little confusing to newbies. Fortunately, we’re here to help. Like what you see?

Does civic have a working identity verification product?

Civic already has a working identity verification productthat 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)