The current price of Civic is $0.19253. Since 00:00 UTC, Civic has increased by +5.32%. 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 $154.21M. At present, the Civic coin holds the 189 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 3.1K new posts about Civic, driven by 905 contributors, and total online engagement reached 5.1M social interactions. The sentiment score for Civic currently stands at 75%. Compared to all cryptocurrencies, post volume for Civic currently ranks at 1303. 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
3,102
Contributors
905
Interactions
5,078,245
Sentiment
75%
Volume rank
#1303
X
Posts
1,374
Interactions
934,859
Sentiment
64%
CVC FAQ
How much is Civic worth today?
Currently, one Civic is worth $0.19253. 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.
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