[ANN] [CVC] CIVIC Tokensale Successfully Completed

[mortare]

So if i understand correct:

I have the app installed and setup. When the ico starts i scan the QR code code for the deposit address.
But after that i can use my desktop to make the transaction right??

[Casanova Fly]

For those interested, the FAQ for the Civic ICO is posted here: https://www.civic.com/token-sale-faq

And, Vinny Lingham's most recent blog post explaining the rationale behind the Civic ICO logistics is here:

https://vinnylingham.com/optimizing-for-network-success-a50d9cf7c66e

[Scor Pio]

tomorrow is the ICO date
i hope i can contribute on this project,, because at this moment all ICO is run in fast 

[QuocTri]

Token can be held in MyEtherWallet right? Will probably invest for $ 150

that is very good project .$150 is  too little

$150 is not that low, because at the early days of crowdsale the price of the token will be provided with good profit percentage. As the project is potential and has a different security features it will reach great value for the token. This makes even $150 an effective investment.

I agree! I don't want to bet all my money on just one project. I am investing in alot of ICO's.

Question: at what point do I have to share my wallet-address where I can hold the civic-tokens?

I agree. Do not put all eggs in a basket!!!

[daniweb]

is the maximum amount for this token sale 25k? or can you purchase multiples of that tier?

[bluevalley]

I'm not sure what's mean of the Whitepaper Page 15, section 6 :

6. Risks Associated with Markets for Tokens
The Tokens are intended to be used solely within the Ecosystem and the Company will
not support or otherwise facilitate any secondary trading or external valuation of Tokens. This
restricts the contemplated avenues for using Tokens to the provision or receipt of Services, and
could therefore create illiquidity risk with respect to any Tokens you own. Even if secondary
trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new
and subject to little or no regulatory oversight, making them more susceptible to fraud or
manipulation. Furthermore, to the extent that third parties do ascribe an external exchange value
to Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely
volatile and diminish to zero.

Does this mean the Civic has no plan to let token to trade on market?  It can only be used in Civic Ecosystem?

[bluevalley]

Do I misunderstand this section?

[mortare]

This seems to be an interesting concept, however could you please post more details about how the identity verification will take place? Since you will be holding lots of personal data, how are you goinbg to protect it form leaking? Thanks and good luck!

So if i understand correct:

I have the app installed and setup. When the ico starts i scan the QR code code for the deposit address.
But after that i can use my desktop to make the transaction right??

I'm not sure what's mean of the Whitepaper Page 15, section 6 :

6. Risks Associated with Markets for Tokens
The Tokens are intended to be used solely within the Ecosystem and the Company will
not support or otherwise facilitate any secondary trading or external valuation of Tokens. This
restricts the contemplated avenues for using Tokens to the provision or receipt of Services, and
could therefore create illiquidity risk with respect to any Tokens you own. Even if secondary
trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new
and subject to little or no regulatory oversight, making them more susceptible to fraud or
manipulation. Furthermore, to the extent that third parties do ascribe an external exchange value
to Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely
volatile and diminish to zero.

Does this mean the Civic has no plan to let token to trade on market?  It can only be used in Civic Ecosystem?

This thread is useless. None of the questions are being answered...

[aladinlondonuk]

This seems to be an interesting concept, however could you please post more details about how the identity verification will take place? Since you will be holding lots of personal data, how are you goinbg to protect it form leaking? Thanks and good luck!

So if i understand correct:

I have the app installed and setup. When the ico starts i scan the QR code code for the deposit address.
But after that i can use my desktop to make the transaction right??

I'm not sure what's mean of the Whitepaper Page 15, section 6 :

6. Risks Associated with Markets for Tokens
The Tokens are intended to be used solely within the Ecosystem and the Company will
not support or otherwise facilitate any secondary trading or external valuation of Tokens. This
restricts the contemplated avenues for using Tokens to the provision or receipt of Services, and
could therefore create illiquidity risk with respect to any Tokens you own. Even if secondary
trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new
and subject to little or no regulatory oversight, making them more susceptible to fraud or
manipulation. Furthermore, to the extent that third parties do ascribe an external exchange value
to Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely
volatile and diminish to zero.

Does this mean the Civic has no plan to let token to trade on market?  It can only be used in Civic Ecosystem?

This thread is useless. None of the questions are being answered...

why don't you take the time to contact support directly as I did. I asked them a question and got an answer..... its really quite simple...

[Dvd1989]

Any chance this ICO will be over in hours like BAT and Bancor?

[mortare]

This seems to be an interesting concept, however could you please post more details about how the identity verification will take place? Since you will be holding lots of personal data, how are you goinbg to protect it form leaking? Thanks and good luck!

So if i understand correct:

I have the app installed and setup. When the ico starts i scan the QR code code for the deposit address.
But after that i can use my desktop to make the transaction right??

I'm not sure what's mean of the Whitepaper Page 15, section 6 :

6. Risks Associated with Markets for Tokens
The Tokens are intended to be used solely within the Ecosystem and the Company will
not support or otherwise facilitate any secondary trading or external valuation of Tokens. This
restricts the contemplated avenues for using Tokens to the provision or receipt of Services, and
could therefore create illiquidity risk with respect to any Tokens you own. Even if secondary
trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new
and subject to little or no regulatory oversight, making them more susceptible to fraud or
manipulation. Furthermore, to the extent that third parties do ascribe an external exchange value
to Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely
volatile and diminish to zero.

Does this mean the Civic has no plan to let token to trade on market?  It can only be used in Civic Ecosystem?

This thread is useless. None of the questions are being answered...

why don't you take the time to contact support directly as I did. I asked them a question and got an answer..... its really quite simple...

so now its my fault they cant answer simple questions in a 17 page topic....
Where  can i contact their ¨support¨. There is no info on their site.

[aadje93]

Can someone explain to me if i will buy token's how i can profit from them later and resale them?

I never bought any tokens anywhere and i would be sad if i make any mistakes or maybe lose money any guidance would be appreciated

[aladinlondonuk]

This seems to be an interesting concept, however could you please post more details about how the identity verification will take place? Since you will be holding lots of personal data, how are you goinbg to protect it form leaking? Thanks and good luck!

So if i understand correct:

I have the app installed and setup. When the ico starts i scan the QR code code for the deposit address.
But after that i can use my desktop to make the transaction right??

I'm not sure what's mean of the Whitepaper Page 15, section 6 :

6. Risks Associated with Markets for Tokens
The Tokens are intended to be used solely within the Ecosystem and the Company will
not support or otherwise facilitate any secondary trading or external valuation of Tokens. This
restricts the contemplated avenues for using Tokens to the provision or receipt of Services, and
could therefore create illiquidity risk with respect to any Tokens you own. Even if secondary
trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new
and subject to little or no regulatory oversight, making them more susceptible to fraud or
manipulation. Furthermore, to the extent that third parties do ascribe an external exchange value
to Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely
volatile and diminish to zero.

Does this mean the Civic has no plan to let token to trade on market?  It can only be used in Civic Ecosystem?

This thread is useless. None of the questions are being answered...

why don't you take the time to contact support directly as I did. I asked them a question and got an answer..... its really quite simple...

so now its my fault they cant answer simple questions in a 17 page topic....
Where  can i contact their ¨support¨. There is no info on their site.

Go to tokensale.civic.com and look in the bottom left hand corner of your screen and you will see a support button

[ifrietpani]

I think this can be an interesting project. Although this project relies for 100% of the security of the data (which they are probably are aware of themselves).

However the valuation of your company seems high to me. What makes you think the company / the project is worth 100 million USD? (1B tokens x 0.10 USD)

[Dvd1989]

I think this can be an interesting project. Although this project relies for 100% of the security of the data (which they are probably are aware of themselves).

However the valuation of your company seems high to me. What makes you think the company / the project is worth 100 million USD? (1B tokens x 0.10 USD)

The Company will conduct a public sale of Tokens (the “Crowdsale”), which will begin at 6:00 am PDT (1:00 pm UTC) on June 21st, 2017 (the “Launch Date”) and end at 6:00 am PDT (1:00 pm UTC) on June 28th, 2017 (the “Crowdsale End Date”) or when $11,000,000 U.S. Dollar (“USD”) worth of Tokens (i.e. 110 million Tokens) has been sold, whichever is earlier.

The ICO is only to raise 11 million USD right? Seems acceptable.

[burner2015]

I think this can be an interesting project. Although this project relies for 100% of the security of the data (which they are probably are aware of themselves).

However the valuation of your company seems high to me. What makes you think the company / the project is worth 100 million USD? (1B tokens x 0.10 USD)

The Company will conduct a public sale of Tokens (the “Crowdsale”), which will begin at 6:00 am PDT (1:00 pm UTC) on June 21st, 2017 (the “Launch Date”) and end at 6:00 am PDT (1:00 pm UTC) on June 28th, 2017 (the “Crowdsale End Date”) or when $11,000,000 U.S. Dollar (“USD”) worth of Tokens (i.e. 110 million Tokens) has been sold, whichever is earlier.

The ICO is only to raise 11 million USD right? Seems acceptable.

Marketcap will be 100 MIO $  then https://steemit.com/cryptocurrency/@christbkk/status-im-is-on-next-civic-ico-and-here-is-why-i-pass-on-it 

[86]

4 hours left! Make sure you guys get an account to buy tokens! 

[mortare]

I aint investing in this without descent answers.

[Sowik]

I'm not sure what's mean of the Whitepaper Page 15, section 6 :

6. Risks Associated with Markets for Tokens
The Tokens are intended to be used solely within the Ecosystem and the Company will
not support or otherwise facilitate any secondary trading or external valuation of Tokens. This
restricts the contemplated avenues for using Tokens to the provision or receipt of Services, and
could therefore create illiquidity risk with respect to any Tokens you own. Even if secondary
trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new
and subject to little or no regulatory oversight, making them more susceptible to fraud or
manipulation. Furthermore, to the extent that third parties do ascribe an external exchange value
to Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely
volatile and diminish to zero.

Does this mean the Civic has no plan to let token to trade on market?  It can only be used in Civic Ecosystem?

Can we get an answer for this please?

[86]

I'm not sure what's mean of the Whitepaper Page 15, section 6 :

6. Risks Associated with Markets for Tokens
The Tokens are intended to be used solely within the Ecosystem and the Company will
not support or otherwise facilitate any secondary trading or external valuation of Tokens. This
restricts the contemplated avenues for using Tokens to the provision or receipt of Services, and
could therefore create illiquidity risk with respect to any Tokens you own. Even if secondary
trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new
and subject to little or no regulatory oversight, making them more susceptible to fraud or
manipulation. Furthermore, to the extent that third parties do ascribe an external exchange value
to Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely
volatile and diminish to zero.

Does this mean the Civic has no plan to let token to trade on market?  It can only be used in Civic Ecosystem?

Can we get an answer for this please?

There will be always "a market" even when they're not going to be listed in the exchanges like Bittrex or Polo.