[ANN] [CVC] CIVIC Tokensale Successfully Completed

[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)

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 

Just for my understanding then. The ICO is planned to raise 11 million USD. This is for 110 million tokens. What will happen with the other 890 million tokens? If these are still in use and can still be sold (also if this will be in a later stage) than this will have an impact on the market again. So if the total supply of 1B coins can be distributed now or in the future this will have an impact on the price. That's why I calculate it as the toal supply valuation is 100 million. If the remaining tokens will never be sold (or burned) than indeed my statement was incorrect.

[reelen]

Are there any plans to delay this ICO due to the huge backlogs and delays of the ETH Network right now?  I've tried to consolidate funds into a single wallet and none of the transactions are even broadcast yet after an hour of waiting.  This feels like it is going to take away from ICO in a large way.

[mortare]

I hope that all investors are understading that they cant trade their tokens according section 6 of the whitepaper!

[Dvd1989]

I hope that all investors are understading that they cant trade their tokens according section 6 of the whitepaper!

Are you assuming this or did you receive a confirmation?

[mortare]

I hope that all investors are understading that they cant trade their tokens according section 6 of the whitepaper!

Are you assuming this or did you receive a confirmation?

Read page 15 of the white paper:

Civic users who own CVC may be able to use their CVC to purschase existing services directly from civic.

[Dvd1989]

I hope that all investors are understading that they cant trade their tokens according section 6 of the whitepaper!

Are you assuming this or did you receive a confirmation?

Read page 15 of the white paper:

Civic users who own CVC may be able to use their CVC to purschase existing services directly from civic.

What is the use for a token if it can't be traded?

[mortare]

I hope that all investors are understading that they cant trade their tokens according section 6 of the whitepaper!

Are you assuming this or did you receive a confirmation?

Read page 15 of the white paper:

Civic users who own CVC may be able to use their CVC to purschase existing services directly from civic.

What is the use for a token if it can't be traded?

That is what i am asking all the time but nobody from the Civic team is giving me a answer on that. (or other questions...)

[zuzuca]

what do you guys mean that they can't be traded?

[Calangaman]

I've contacted the team regarding the listing of the token.
I will let you know their answer.

[adu1t]

what do you guys mean that they can't be traded?

exactly. can't be traded. we're buying it for future purchasing their services

[Sampey]

what do you guys mean that they can't be traded?

exactly. can't be traded. we're buying it for future purchasing their services

How can you technically avoid the use of a ERC-20 token for trading purposes?
I think they are only explaining that "trading is not the scope" that is very different from "you can't trade CVC"

[mortare]

what do you guys mean that they can't be traded?

exactly. can't be traded. we're buying it for future purchasing their services

How can you technically avoid the use of a ERC-20 token for trading purposes?
I think they are only explaining that "trading is not the scope" that is very different from "you can't trade CVC"

Ofc you can send me your tokens and i will send you some btc/eth for it.
But the thing is that CVC will not be listed on exchanges. Prety sure that 80 % is not aware of this.

[Sampey]

But the thing is that CVC will not be listed on exchanges. Prety sure that 80 % is not aware of this.

why? who decide that?
if Bittrex/poloniex wants to add CVC who can avoid that?

[Dr Charles]

following along here

[wtrs]

From Khaoust — seems to have some involvement in CVC.

"We will release details on the exchanges a bit later, we are not able to disclose the exchanges and the dates at this moment, as we still have 3 weeks for the token sale to start."

This was 3 weeks ago on this Reddit thread > https://www.reddit.com/r/civicplatform/comments/6eajvb/how_long_after_will_the_token_be_tradeable/

[Euro1000]

I planned to invest in this. But I am not able to do so, because I just have a 5.1.1 Android phone.
One the one hand side this is bad for me - but on the other hand side it shows that CIVIC could have some problems going mainstream.
It should be possible to have an app which also runs on older phones.

[Dr Charles]

I planned to invest in this. But I am not able to do so, because I just have a 5.1.1 Android phone.
One the one hand side this is bad for me - but on the other hand side it shows that CIVIC could have some problems going mainstream.
It should be possible to have an app which also runs on older phones.

Or if you have money to invest... how about you invest in buying a newer phone? Lol

I am just kidding. You do raise a good point. There are a lot of older devices out there.

[kellendil]

Did you guys do a pre ico ?

[aladinlondonuk]

I planned to invest in this. But I am not able to do so, because I just have a 5.1.1 Android phone.
One the one hand side this is bad for me - but on the other hand side it shows that CIVIC could have some problems going mainstream.
It should be possible to have an app which also runs on older phones.

I think you can register via tokenmarket.net

[Trinibits]

Sorry pardon my ignorance. I've linked my phone up to the website so what happens now? Was gonna send my funds from myetherwallet.com. I'm getting muddled on how to send the funds. Can anyone help?
Thanks in advance