Civic (CVC): Decentralized Identity & Web3 Verification Across Chains
Civic (CVC) is a decentralized identity platform that enables secure, reusable ID verification through blockchain. This analysis covers its price evolution, buying options, technical architecture, project history, and its position among digital identity competitors.
Key takeaways
- Moderate short-term volatility, impacted by adoption and exchange listings
- Key drivers: Web3 identity demand, Civic Pass integrations, GDPR compliance
- Strong long-term potential if digital ID becomes Web3 standard
- Positioning: reference player for decentralized identity vs traditional KYC systems
Civic (symbol: CVC) is an ERC-20 token launched via ICO in 2017 check out our page on the course of Civic (https://cointobuy.io/civic-cvc-price/). It powers a decentralized identity ecosystem, mainly Civic Pass, focused on reusable and user-controlled identity through blockchain.
Project goal:
Enable self-sovereign identity and verifiable credentials via Web3 for any platform.
Key elements:
- Civic App: mobile-based ID manager with local storage and cryptographic validation
- Civic Pass: on-chain identity protocol compatible with 320+ projects (Solana, Ethereum, Polygon…)
- Token utility: incentivizes validators and users to participate in the ecosystem
Platforms to buy Civic
Founders and Team
History & Origins
- 2015: Civic Technologies founded, R&D begins
- June 2017: ICO raises $33M for 33% of 1B token supply
- 2018: Civic App and reusable KYC platform launch
- 2021–2022: Civic Pass launches on Solana + Proof of Personhood tool
- Key Stats: 150,000+ Civic Passes issued, 700,000+ attestations
Founding Team
- Vinny Lingham: serial entrepreneur, early crypto investor
- Jonathan Smith: CTO, ex-Apple & startup blockchain leader
- Civic Tech team: 25+ professionals managed under Civic Technologies Inc.
What Makes [Nom cryptomonnaie] Unique?
Key Features & Use Cases
- Reusable identity: encrypted ID stored locally, reusable across platforms
- Civic Pass: on-chain, multi-chain ID verification layer for dApps, DeFi, DAOs
- Proof of Personhood: distinguishes humans from bots in gated services
- GDPR Compliance: secure, decentralized identity with privacy by design
- Incentivized ecosystem: token-driven validator/user collaboration
Unique Value Proposition
The first full-featured decentralized ID protocol across chains, compliant, secure, and scalable.
Comparisons
- Vs centralized ID: user data control, on-chain, cross-platform use
- Vs Web3 ID alternatives: mature, widely adopted, anti-bot enabled
- Vs KYC providers: reusable KYC, lower cost, token-driven automation
Civic leads Web3 digital identity with real adoption and a working product suite like Civic Pass. Its ability to scale across blockchains and maintain compliance gives it a clear advantage in the coming era of decentralized reputation. Regulatory clarity and dApp integrations will determine its mass adoption.
Explore Civic and get CVC tokens now on Binance or Bitfinex.
FAQ – Civic (CVC)
What is the CVC token used for?
CVC is used to pay for ID verification, reward users and validators, and support participation in the network.Is Civic a good investment?
It has utility and adoption, but growth depends on regulation and enterprise partnerships.How is it different from traditional IDs?
Civic gives users full control over private data, enables reuse across apps, and complies with GDPR.Where can I store CVC?
Use any Ethereum wallet like MetaMask, Ledger, Coinbase Wallet, or Trust Wallet.Is the project secure?
Yes, Civic uses encrypted local storage, GDPR principles, and on-chain attestations.Where can I buy CVC?
Available on Binance, Bitfinex, OKEx, and other major exchanges.Disclaimer :
Trading is risky and you may lose all or part of your capital. The information provided does not constitute financial advice and/or an investment recommendation
