Featured

Civic Token

Access to identity verification via the blockchain

Would you recommend Civic Token to a friend?

Discussion

H
Ben Tossell
@bentossell · Community Lead, Product Hunt
Civic was launched on Product Hunt around a year ago. The Token crowdsale goes live on June 21 2017 and is highly anticipated. Especially as the recent interest in these types of token sales/ICOs. About Civic: Civic’s model allows for on-demand, secure and lower cost access to identity verification via the blockchain. Background and personal information v… See more
Ravi Srinivasan
@ravsydney · Founder - TruContacts.com
This is not equity sale so I am presuming that the SEC has no interest. The liquidity of the tokens (converting back to a fiat currency) depends on the activity in the ecosystem. Validators receive tokens form Civic to validate the credentials of a user; Users (like you and me) receive tokens for sharing our identities within the system; and other participan… See more
Ravi Srinivasan
@ravsydney · Founder - TruContacts.com
And is the sale an "exit" by founders or do you plan to use the funds for further development of the platform and market for the tokens? @vinny_lingham
Ravi Srinivasan
@ravsydney · Founder - TruContacts.com
And over time, the value of the tokens increase. Sorry if I sound dumb - still getting my head around crypto currencies.
Ravi Srinivasan
@ravsydney · Founder - TruContacts.com
Awesome Vinny. All the best @vinny_lingham