[ANN] [CVC] CIVIC Tokensale Successfully Completed

[Marina_T]

Do we need to verify identity before donating? Can we send ether via myetherwallet.com and a nano ledger wallet? Will the tokens be receivable back to the nano wallet? Thanks for the help!!!

Please wait for the FAQ to be published - to receive it as soon as it is released subscribe for updates at tokensale.civic.com

[stefanoste]

So, in order to participate we need to install / register with the Civic App correct? If that is the case, its only showing the IOS version currently...

https://www.civic.com/app

I do not own anything apple / iOS. Is there going to be an android variant in time for the rest of us?

Does anyone else have any information about the app for android?

It is planned to be released by Monday. Thank you for staying patient.

Do we need to verify identity before donating? Can we send ether via myetherwallet.com and a nano ledger wallet? Will the tokens be receivable back to the nano wallet? Thanks for the help!!!

Please wait for the FAQ to be published - to receive it as soon as it is released subscribe for updates at tokensale.civic.com

sorry but is all bit confusing right now ...sale start in 4 days , hope FAQ will be out soon

[sammy007]

One of the worst scams ever. 67% "premine" is ridiculous. Investors will never get any gain in best case from this shit. Initial cap is ridiculous also.
They even keep 1% to cover token sales, sounds like a spit in a face.

[Pearls Before Swine]

Once again, as Jim Morrison said, "Proud to be a part of this number"!  This looks like a decent project with real developers and I hope the best for it.  These uses for blockchain tech are breathtaking to me.  We are truly living in a new world.

[CrossOps]

One of the worst scams ever. 67% "premine" is ridiculous. Investors will never get any gain in best case from this shit. Initial cap is ridiculous also.
They even keep 1% to cover token sales, sounds like a spit in a face.

So then why is anyone here in this discussion about participation of the ICO. And my question is dead serious... why even bother then? And you were the only person to call this a scam so far (at least as far as I remember seeing in this thread). So this thing is dead before it even launches?

[Newton90]

https://app.civic.com/plan-select :

If you are interested in our Token Sale, you will need to download our app.

https://www.civic.com/app (where i can download app):

Now available on iOS. Coming soon on Android

are you serious or joking,guys?you haven't app for join the ico for one of the most popular platforms in the world?  

and it's 4 days before the sale? 

[kellendil]

how much was sold at the pre ico ?

[CrossOps]

One of the worst scams ever. 67% "premine" is ridiculous. Investors will never get any gain in best case from this shit. Initial cap is ridiculous also.
They even keep 1% to cover token sales, sounds like a spit in a face.

Anyone care to comment on this? I am hearing this same statement many times lately, and on a podcast about Civic. I would like to hear from the more experienced users, and I am not alone in wondering. Is this nothing more than a liquid capital play with a flatline permanently?

[Sharma]

The team is good and the project looks legitimate but usually the coins with large supply tends to get dumped too much.

[CryptoBry]

I am particularly concerned about the planned 1 Billion coin to be produced for this project. Will that number make the coin hard to increase in value? I am just a newbie by the way so my questioning may not be all right.

[CrossOps]

I am particularly concerned about the planned 1 Billion coin to be produced for this project. Will that number make the coin hard to increase in value? I am just a newbie by the way so my questioning may not be all right.

This is EXACTLY what I am wondering. And people should not withhold information, they need all of us they can get: For VOLUME and also to adopt the technology. Its a numbers game, and they need as many of us as possible. That is why I think an answer is in order.

Marina_T?

[tomwest]

really pretty concerned about the quantity of emission. Names are well known here, but some explanation needed for sure

[bitcoinentchen]

What is the ICO price? Cant find any infos about it.

[CrossOps]

What is the ICO price? Cant find any infos about it.

.10 cents

[SimonJones]

I am particularly concerned about the planned 1 Billion coin to be produced for this project. Will that number make the coin hard to increase in value? I am just a newbie by the way so my questioning may not be all right.

It's 10 cents per token. 33% will be sold in the crowdsale to make the market cap $33 million. Total market cap for 1 billion tokens would be $100 million. It's not the number of tokens but market cap that matters.

[CrossOps]

The interesting question is, and who will get credit for predicting it correctly... where do you see the coin value (its a personal guess, estimate) going in the first quarter, second, third and fourth (year mark).

Anyone got the kahunas to make a prediction?

[GGALINff]

my uneducated guess is

300 million mkt cap at launch

complication is it will come live while the BTC scaling/ forking fear is still rampant...will be very volatile is my guess

[Marina_T]

I am particularly concerned about the planned 1 Billion coin to be produced for this project. Will that number make the coin hard to increase in value? I am just a newbie by the way so my questioning may not be all right.

It's 10 cents per token. 33% will be sold in the crowdsale to make the market cap $33 million. Total market cap for 1 billion tokens would be $100 million. It's not the number of tokens but market cap that matters.

Thank you - fully agree. Not sure why many are focussed on the arbitrary coins number.

Yes indeed, 33% is sold in the tokensale, 33% left with company but locked-up and 33% for incentive / partner tokens. But think about the fact those partner tokens allocated to enterprises joining the network would serve as a strong incentive for them to implement Civic, which is likely to have a major positive effect on the Civic ecosystem more generally as it grows. In my mind you get the value of the token from the value of the ecosystem, not just from the number of tokens issued.

[jvper]

I am particularly concerned about the planned 1 Billion coin to be produced for this project. Will that number make the coin hard to increase in value? I am just a newbie by the way so my questioning may not be all right.

It's 10 cents per token. 33% will be sold in the crowdsale to make the market cap $33 million. Total market cap for 1 billion tokens would be $100 million. It's not the number of tokens but market cap that matters.

Thank you - fully agree. Not sure why many are focussed on the arbitrary coins number.

Yes indeed, 33% is sold in the tokensale, 33% left with company but locked-up and 33% for incentive / partner tokens. But think about the fact those partner tokens allocated to enterprises joining the network would serve as a strong incentive for them to implement Civic, which is likely to have a major positive effect on the Civic ecosystem more generally as it grows. In my mind you get the value of the token from the value of the ecosystem, not just from the number of tokens issued.

I believe you are right. If Civic team succeeds through this strategy and become the main platform for distributed identities, then we are in front of a billion dollar product

[majestymage]

i really do not get the ideea of this project