CVC

Civic price

CVC
|
3.2/5
CyberScope
3.6
05/26/2024
TokenInsight
2.7
03/18/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. 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, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR 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.
Show more
USD
USD
$0.16375
+0.55%
1h
24h
1W
1M
1Y
All

Civic price live data

The current price of Civic is $0.16375. Since 00:00 UTC, Civic has increased by +0.55%. 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 $131.53M. At present, Civic holds the 161 position in market cap rankings. The Civic/USD price is updated in real-time.

Civic price performance in USD

Time periodChange amount%Chg
Today$0.00089970 +0.55%
7 days$0.00094595 +0.58%
30 days-$0.03055 -15.73%
3 months$0.053546 +48.58%

Civic market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.16225
Last price $0.16375
24h high$0.16635
Heat index ranking
175
Market cap ranking
161
Market cap
$131.53M
Favorited rate
Percentage of users who favorited this asset to all users
1.00%
All-time high
$1.6000
-89.77% (-$1.4363)
Jan 12, 2018 (6 years ago)
All-time low
$0.0098000
+1,570.87% ($0.15395)
Mar 13, 2020 (4 years ago)
ICO date
07/18/2017
ICO price
The price at which this crypto was first traded
$0.10000
Circulating supply
The amount of this crypto that is publicly available in the market
802,000,010 CVC
Market cap at circulating supply
Market cap = Circulating supply × Last price
$164.00M

About Civic (CVC)

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.

The goal of Civic is to empower decentralized finance (DeFi) products, automated market makers (AMMs), non-fungible token (NFT) ecosystems, decentralized autonomous organizations (DAOs), dApps, and blockchain gaming platforms to conduct age, compliance, and identity-based checks without asking users to reveal their identities. The Civic network introduces different passes for enterprise-level implementation, including Turnkey, Custom, and Hybrid variants with customizable properties.

Civic’s native token: CVC

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).

CVC 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 TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include CVC/USDT.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for CVC with zero fees and no price slippage by using OKX TR Convert.

CVC calculator
USDUSD
CVCCVC
1 CVC ≈ $0.16375 USD
Trade
CVC/USDT
Spot