ICO Madness!!! Civic token sold $25,289,600.00 in 2 hours!!!

in #news7 years ago (edited)

Logomakr_0n7gw7.png

2017-06-21 (2).jpg

Token sale ends in:

6
DAYS
22
HOURS
31
MINUTES
49
SECONDS
Token sale progress

Cap

33,000,000 USD

Current sales

USD tokens sold 25,289,600.00

BTC 500.18

ETH 3,276.52

Token sale info

Start time: June 21th, 2017, 1PM UTC

End time: June 28th, 2017, 1PM UTC

Pricing

1 CVC / 0.10 USD

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.

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:

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.

Maximum cap on crowdsale: $33 million

Technical advisers:

-Juan Benet Founder, CEO at Protocol Labs, Inc.
-Matt Roszak Co-founder and chairman of Bloq
-Diego Gutiérrez Zaldívar CEO & Co-founder at RSK Labs
-Anthony Di Iorio CEO & Founder at Jaxx and Decentral, Founder at Ethereum

https://tokensale.civic.com/

Sort:  

$22M was pre-sold. Only $11M available for the token sale.

Thanks for the info! :)

They setup allotments of various amounts from $50 to $25k, with fewer blocks of higher tiers available, in order to maximize the number of participants. Over 10,000 signed up. There's a queue and each person was assigned a number with estimated time - though that changes frequently as they pause/speed-up the line.

update...Only $1,000 packages left...21094 people waiting in line...madness

21k spot in line means you will probably only be able to buy in for $100. I was around 6k in line and the max I was allowed to do was $500. Goodluck!

I was #1912. $2500 was largest available by the time I got in.

Congrats :) update:

The queue is temporarily paused while we wait for the Ethereum network to catch up and payments to clear. We will restart it in 2 hours time at 2pm PDT. Any uncleared payments will result in packages returned to inventory - please be patient. There may be larger inventory buckets available at this time if those payments failed.

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