The current price of Civic is $0.11491. Over the last 24 hours, Civic has decreased by -0.28%. It currently has a circulating supply of 802,000,010 CVC and a maximum supply of 1,000,000,000 CVC, giving it a fully diluted market cap of $91.95M. At present, the Civic coin holds the 190 position in market cap rankings. The Civic/USD price is updated in real-time.
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Civic (CVC) is a decentralized project built on the Ethereum blockchain, dedicated to creating a cross-chain identity solution. The main objective is to bring trust to Web3 onboarding by enabling individuals and enterprises to create custom immutable digital identities. This eliminates the need for multiple credentials to access different crypto services and products, increasing user convenience and access.
What is Civic
Civic is a decentralized identity management service that individuals and companies can integrate with their decentralized applications (dApps). This platform gives users complete control of their data and allows them to access a wide range of products and services using a unified digital identity. With Civic, users can explore dApp-specific token gating, get access to dynamic user profiles, experience the world of digital passes, and more.
The Civic team
The Civic network is managed by Civic Technologies, a firm based in San Francisco. Chris Hart, the CEO, leads the Civic team, followed by Jonathan Smith, the co-founder and CTO. Other notable team members include Vinny Lingham as co-founder, Kevin Colgan as a full-stack engineer, and Mike Marron as the Vice President of Finance.
How does Civic work
Civic offers cross-chain Identity and Access Management (IAM) solutions, allowing users to manage a single, verifiable identity across multiple blockchains.
Civic Pass, the project’s primary product, is a data wallet that stores verifiable identity data. It serves as a cryptographic version of a post-identity verification pass that allows individuals to prove their identity securely and efficiently. DApps can use their Civic Pass to generate and issue custom tokens, initiate identity checks, and create compliance inputs.
CVC is the native ERC-20 token of the Civic network. Users who verify their identity across platforms or on dApps get rewarded with CVC tokens. Validators who authorize user access also get CVC tokens as an incentive. CVC tokens also serve other utilities, including access to network services and governance.
CVC has a total supply of 1 billion tokens, and all of them are currently in circulation. There is no maximum supply cap in place. The tokenomics model is inflationary, as CVC rewards continue to be generated and accumulated.
Distribution of CVC
CVC is distributed as follows:
33 percent of tokens were allocated to the tokensale
33 percent are allocated for incentives for network participation
33 percent is for the Civict team members and advisors
1 percent is to cover the tokensale cost
What does the future hold for Civic
The Civic ecosystem makes it easy for users to get verified in the Web3 space. It offers on-demand, low-cost, and secure ways to access portable identities for cross-chain dApps. For now, the focus remains on bringing additional security implementations into the mix while expanding to other blockchains in addition to Ethereum (ETH), Solana (SOL), and Polygon (MATIC).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 5.8K new posts about Civic, driven by 4.5K contributors, and total online engagement reached 8.2M social interactions. The sentiment score for Civic currently stands at 73%. Compared to all cryptocurrencies, post volume for Civic currently ranks at 680. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Civic.
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Posts
5,828
Contributors
4,482
Interactions
8,207,083
Sentiment
73%
Volume rank
#680
X
Posts
687
Interactions
420,685
Sentiment
71%
Civic FAQ
What is Civic, and how does it work?
Civic is a comprehensive identity management ecosystem that enables users to utilize a portable multichain identity for convenient access to various Web3 applications and platforms. Additionally, enterprises can leverage the Civic network to token gate their decentralized applications (dApps) and facilitate identity verification processes. The ecosystem offers Civic Pass, a data wallet product, and rewards network users and validators with native CVC tokens as incentives for their participation.
What are the advantages of using Civic?
Civic leverages blockchain technology to provide users with private and secure digital identities, ensuring that they have full control over their personal information. These portable identities are universally accessible and compatible across different blockchains. Additionally, enterprises can utilize Civic to generate passes for their dApp users, enhancing the identity management process within their applications.
Where can I buy CVC tokens?
Easily buy CVC tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include CVC/USDT.
Currently, one Civic is worth $0.11491. For answers and insight into Civic's price action, you're in the right place. Explore the latest Civic charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Civic, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Civic have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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