What is 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 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

The Civic Token

  • Maximum cap on crowdsale: $33 million
  • Total token supply: 1 billion (1,000,000,000) CVC, of which:
  • 33% sold in the tokensale
  • 33% retained by Civic
  • 33% allocated for distribution to incentivize participation in the ecosystem
  • 1% to cover tokensale costs
  • Ethereum ERC20 token
  • Purchase methods accepted: BTC and ETH

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