Civic Civic

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.
past
Jun 21, 2017 — Jun 22, 2017
Raised 34 054 305.36 USD
Goal 33 000 000 USD
Cap 33 000 000 USD
Prices
  • From Jun 21, 2017 Till Jun 22, 2017 —
    2.5 CVC
    =
    1 USD
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.

Features

- Reducing the overall cost of KYC (know your customer)
- Improving user experience and disrupting the current identity verification supply chain
- Protecting the privacy and security of user`s Personally Identifiable Information
- CVC token is intended to act as a form of settlement between Validators and Service Providers within the ecosystem, it will also provide a means to incentivize all participants, including Users, to contribute to the ecosystem
- Already has a working identity verification product that is available worldwide
- Has won Best New Startup award at the K(NO)W Identity Conference 2017

Technical Info

Technical details:  Civic Tokens (CVC) are ERC20-compliant tokens on the Ethereum blockchain. Civic intends using of smart contracts, which will ideally be built on Rootstock (“RSK​”). In addition, the Civic ecosystem will also include Civic’s existing app (through which Users will share their PII with chosen Validators and consent to transactions by interacting with the smart contracts), and software to be developed by Civic through which Validators and Service Providers will themselves be able to interact with the smart contracts. While Civic will develop the initial smart contracts and software that will be available at launch, the ecosystem will be open to third-party providers. Proof of developer:  Public team

Roadmap

  • Pre-announcement

  • May 25 2017

  • Civic announces token sale
  • Bookbuilding starts

  • Read More
  • June 21 2017

  • Crowdsale starts
  • Bookbuilding ends

  • June 28 2017

  • Crowdsale ends
  • Expected start of trading

  • July 2017

  • Ecosystem development begins

Activity

Status:
Full Member
MEDIUM
Activity:
195
MEDIUM
Merit:
100
MEDIUM
Posts:
1 811
VERY HIGH
Views:
143 548
VERY HIGH
Posts:
87
LOW
Followers:
3 319
MEDIUM
Likes:
2 889
MEDIUM
Rating:
4.50
HIGH
Reviews:
26
LOW
Followers:
80 969
VERY HIGH
Tweets:
640
VERY HIGH
Members:
8 627
HIGH
Alexa
Rank:
90 913
VERY HIGH
Delta:
-9 172

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Juan Benet
Juan Benet Founder, CEO at Protocol Labs, Inc.
unverified
Vinny Lingham
CEO
unverified
Matt Roszak
Co-founder and chairman of Bloq
unverified
CEO & Co-founder at RSK Labs
unverified
Jeffrey Paul
Hacker, Researcher, Speaker, Entrepreneur, EEQJ, I...
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

3.96

stable
5.0 18
ICO Profile Vision Activity Potential Product Team

icorating
-
icobazaar 3.8
icobench 3.5

Collected:
0 USD
The amount in USD is calculated at the closing date of the ICO
Goal: Cap: 0 USD 0 USD ICO: 21 Jun 2017 22 Jun 2017

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