CVC

CivicCVC

Rank #179
Token
On 37,229 watchlists

Civic Price (CVC)

$0.1823
0.97%

0.000005489 BTC0.97%

0.00009405 ETH0.97%

Low:$0.1793
High:$0.1946
24h
CVC  Civic CVCPrice: $0.1823 0.97%
Market Cap
$122,135,915
0.97%
Fully Diluted Market Cap
$182,292,411
13.47%
Volume
24h
$29,709,855
18.38%
Volume / Market Cap
0.2433
Circulating Supply
670,000,000.00 CVC
Max Supply
--
Total Supply
1,000,000,000

Civic Chart

Loading Data

Please wait, we are loading chart data

CVC Price Live Data

The live Civic price today is $0.182292 USD with a 24-hour trading volume of $29,709,855 USD. Civic is up 0.97% in the last 24 hours. The current CoinMarketCap ranking is #179, with a live market cap of $122,135,915 USD. It has a circulating supply of 670,000,000 CVC coins and the max. supply is not available.

If you would like to know where to buy Civic, the top exchanges for trading in Civic are currently Binance, OKEx, Huobi Global, Upbit, and HitBTC. You can find others listed on our crypto exchanges page.

What Is Civic (CVC)?

Civic is a blockchain-based identity management solution that gives individuals and businesses the tools they need to control and protect personal identity information.

The platform is designed to change the way we think about identity verification by giving users more control over their personal data, while allowing them to access a wide range of services without needing to fork over excessive amounts of personal information.

Civic's identity verification solution uses distributed ledger technology to authorize identity usage in real time, and is used to sparingly share information with Civic partners after authorization by the user.

\ Unlike some other identity management services, Civic users store all their sensitive data on their mobile device. Users are able to authorize the sharing of specific personal data by providing a biometric signature through the Civic app.

The Civic ecosystem is enabled by a unique utility token known as the Civic token (CVC), which is used for the settlement of identity-related transactions between Civic participants — such as between a customer and service provider.

Users can earn CVC tokens for completing a variety of tasks, such as signing up for a service through the platform or introducing new users, while validators can earn CVCs for validating documents for service providers.

Civic was launched in 2018, following a sell-out initial coin offering (ICO) the year prior.

Who Are the Founders of Civic?

Civic was co-founded in 2015 by Vinny Lingham and Jonathan Smith.

Vinny Lingham is a serial entrepreneur who appeared on Shark Tank South Africa in 2016, and has co-founded several prominent firms, including a South Africa-based investment fund known as Newtown Partners and Gyft — a Google ventures-backed digital card platform. Lingham is Civic’s CEO.

Jonathan Smith is the current CTO of the platform and has more than 15 years of experience in the banking industry. Prior to his role at Civic, Smith held various managerial roles at prominent firms, including Deloitte MCS Limited and HSH Nordbank, and was the global head of Platforms at Genpact Headstrong Capital Markets.

In addition to the founders, the Civic team includes a host of highly successful individuals, including COO Chris Hart, who has two decades of experience in senior finance, and previously held the role of CFO at Guidebook and Nextag.

The official Civic LinkedIn page currently lists 38 employees, many of which are based in the San Francisco Bay Area.

What Makes Civic Unique?

Civic is built to make it easy for users to verify their identity with service providers, while still retaining full control over their personal information.

It allows businesses to onboard users faster using its AI-powered verification system, which when combined with human review helps businesses cut down on fraud and stay compliant with AML regulations and OFAC rules.

As of December 2020, Civic has two main products: the Civic wallet and Health Key.

The Civic wallet is a mobile cryptocurrency wallet that can be used to store a handful of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC). The app doubles as a digital identity management solution, and benefits from a $1 million Bitcoin insurance plan provided by Coincover.

Health Key is Civic’s newest product. This is an app that allows employers to securely verify the health status of employees, to ensure they are healthy enough to return to the workplace after an infection with COVID19 — such as if they test positive for antibodies or have been vaccinated. This is achieved without compromising the privacy of the employee.

Check out Renme (REM) — an ecosystem of identity management products.

Take a look at ShareRing (SHR) — a decentralized sharing economy with a self-sovereign identity module.

Learn more about digital identity with CoinMarketCap Alexandria.

Stay on top of the market with the latest news, updates, and insights with the CoinMarketCap blog.

How Many Civic (CVC) Coins Are There in Circulation?

As of late December 2020, there are exactly 670 million CVC tokens in circulation, representing 67% of the maximum 1 billion CVC total supply. The current circulating supply can be found in the right data panel.

As per the Civic token sale website, a total of 1 billion CVC were minted, of which 33% were sold in the token sale; 33% is retained by Civic; 33% is allocated for incentives and rewards; and the remaining 1% was used to cover token sale costs.

As of December 2020, the 330 million tokens allocated to Civic remains untouched. It is currently being held in a multi-signature Ethereum wallet, which can be tracked here.

How Is the Civic Network Secured?

As an ERC-20 token, CVC is backed by the Ethereum blockchain — which is widely regarded to be of the most decentralized and secure proof-of-work (POW) networks in current usage.

Over time, Ethereum will gradually transition to proof-of-stake (POS) with the roll-out of Ethereum 2.0. Once complete, the CVC token and associated transactions will be secured by a network of validator nodes.

Digital identities secured through the Civic app are protected by the user’s own device, which customers use to control access to their data.

Where Can You Buy Civic (CVC)?

The CVC token is highly liquid and can be traded on dozens of exchange platforms, including Binance, Coinbase Pro and Huobi Global. It is most commonly traded against Tether (USDT), the Korean won (KRW) and Bitcoin (BTC).

For a full list of exchanges, check the market pairs section. To learn more about purchasing cryptocurrencies like CVC with fiat, check out our comprehensive guide.

converter-coin-logo

CVC

Civic

converter-coin-logo

USD

United States Dollar

CVC Price Statistics

Civic Price Today
Civic Price$0.1823
Price Change24h$0.001754
0.97%
24h Low / 24h High
$0.1793 /
$0.1946
Trading Volume24h$29,709,855.05
18.38%
Volume / Market Cap0.2433
Market Dominance0.01%
Market Rank#179
Civic Market Cap
Market Cap$122,135,915.43
0.97%
Fully Diluted Market Cap$182,292,411.09
13.47%
Civic Price Yesterday
Yesterday's Low / High
$0.1629 /
$0.1946
Yesterday's Open / Close
$0.1698 /
$0.1859
Yesterday's Change

9.48%

Yesterday's Volume$34,041,660.42
Civic Price History
7d Low / 7d High
$0.1447 /
$0.257
30d Low / 30d High
$0.1447 /
$0.4209
90d Low / 90d High
$0.08435 /
$0.8154
52 Week Low / 52 Week High
$0.02247 /
$0.8154
All Time High
Dec 25, 2017 (3 years ago)
$1.66
89.03%
All Time Low
Mar 13, 2020 (a year ago)
$0.01081
1585.92%
Civic ROI

13.06%

Civic Supply
Circulating Supply670,000,000 CVC
Total Supply1,000,000,000 CVC
Max SupplyNo Data