Civic

Civic

The easy way to automate your workflows

5.0•3 reviews•

19 followers

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Our flagship product, Civic Nexus, is where AI and operations come together. With Nexus, teams can securely connect their tools and data so AI can move from generating insights to taking real action — automating repetitive tasks, generating reports, uncovering insights from data, and more. Nexus automatically applies your organization’s authentication and access controls, ensuring every workflow stays compliant and secure.
This is the 3rd launch from Civic. View more
Civic Token

Civic Token

Access to identity verification via the blockchain
Civic Token gallery image
Civic Token gallery image
Launch tags:Privacy•Tech•Web3
Launch Team
Migma AI
Migma AI
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What do you think? …

Ravi Srinivasan
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 participants (who consume our verified identification details) pay in tokens (which they buy using a fiat currency). Did I get it right Ben @bentossell ?
Hyun Lee
@ravsydney ICO = equity sale? @bentossell
Vinny Lingham
Rumi.ai
Maker
@ravsydney @bentossell this is correct!
Vinny Lingham
Rumi.ai
Maker
@hyunlee @ravsydney @bentossell this is not an equity sale and open to anyone, including US residents.
Hyun Lee
@bentossell @ravsydney Very cool, thanks for explaining! Still lots to learn about crypto :)
Ravi Srinivasan
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
And over time, the value of the tokens increase. Sorry if I sound dumb - still getting my head around crypto currencies.
Erik Torenberg
Backchannel
Congrats on the upcoming ICO, @vinny_lingham! When did you have the idea to do an ICO? What are your recommendations for other startups considering it?
Vinny Lingham
Rumi.ai
Maker
@eriktorenberg Thanks Erik. It's always been something that we wanted to do, so in about January we decided that this would be the right time for us. I recommend that companies that are Blockchain or network businesses shoud consider this model for building network effects.
Ravi Srinivasan
Awesome Vinny. All the best @vinny_lingham
Ravi Srinivasan
With the sale of tokens, is it first in best dressed or some other way of allocation for over subscriptions? @vinny_lingham
Mare Diango
Very interesting. Want to try it
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