About Civic
Civic (CVC) is an Ethereum token used to power Civic’s identity verification protocol. Users who verify their information through Civic can then securely share both their info and the verification with service providers, reducing the need to constantly re-verify their identity. In return for this convenience, service providers may provide users and verifiers with CVC.
Buy Civic
Trading Insights
Buyer Ratio
Traders
113
16.49%
Buyers
32
-8.57%
Sellers
82
28.13%
Searched
40
Market Stats
Market Cap
£67.31M
2.14%
FDV
£67.31M
Circ. Supply
1B CVC
Max Supply
Not enough data
Total Supply
1B CVC
Diluted Valuation
£67.31M
Performance
Popularity
#404
Dominance
0%
Volume (24H)
£6.43M
16.99%
Volume (7D)
£37.73M
Volume (30D)
£224.59M
All time high
£1.22
Price Change (1Y)
-17.4%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Civic has decreased by 0.33% in the last hour and increased by 2.46% in the past 24 hours. Civic’s price has also fallen by 0.27% in the past week. The current price is £0.0674 per CVC with a 24-hour trading volume of £6.43M. Currently, Civic is valued at 94.49% below its all time high of £1.22. This all-time high was the highest price paid for Civic since its launch.
The current circulating supply of Civic is 1,000,000,000 CVC which means that Civic has as total market cap of £67,311,044.62.
Market details
CVC vs markets
↘ 58.25%
CVC vs BTC
↘ 55.59%
CVC vs ETH
↘ 55.44%
Tags
enterprise-solutions
identity
web3
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x41e5560054824eA6B0732E656E3Ad64E20e94E45 | |
Polygon | 0x66Dc5A08091d1968e08C16aA5b27BAC8398b02Be | |
Solana | 7b3tu3twes5apw6audct9mudttp6kiv2xlfrdovbeyqt |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0674 | ↗ 2.46% |
1 Day | £0.0656 | ↗ 2.46% |
1 Week | £0.0679 | ↘ 0.27% |
1 Month | £0.0688 | ↘ 1.72% |
1 Year | £0.0835 | ↘ 17.40% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
The Civic ecosystem simplifies identity verification (IDV) services using blockchain by verifying user identities and detecting fraud in a hassle-free and less complex manner. Civic has used blockchain-based solutions to elevate the quality of services for existing products, namely the Civic Secure Identity Platform (SIP) successfully. Previously, the verification of user background needed the involvement of third-party services as a mandatory step, but with Civic's new blockchain-based approach, the involvement of third-party auditors can be minimal. In fact, the blockchain-based approach ensures zero human errors by eliminating the need to share confidential data over and over again amongst different audit agencies. Civic aims to make it challenging for fraudulent activities to proliferate or seeks to reduce breaches within the ecosystem.
To elevate customer experience, the Civic platform has introduced various smart contracts, a utility token named CVC, and various secure software applications within its platform. Moreover, the Civic ecosystem lets two different parties be involved in simplified identity verification processes, namely the "Users" and the "Validators." Validators are institutions that need to verify IDs of the Users (comprising either individuals or associated businesses) . The Validators give approval for the verified User data on the Civic ecosystem. This process simplifies the validation for real User IDs within the blockchain. Other external agencies can simply go ahead and use the already validated data, rather than going through the validation audit process once again. Smart Contracts on the Civic ecosystem are leveraged to properly validate the User IDs, thus leaving no space for repetitive human involvement.
The CVC token on the Civic ecosystem is used to support transactions related to services offered by the platform. It is an ERC20 standard token facilitating payments for smart contract commands and maintaining the blockchain that backs up the Civic platform. Besides, CVC tokens are coming up with different new use cases to make the platform more efficient.
Civic Technologies, Inc. was co-founded in 2015 by Jonathan Smith and Vinny Lingham. Civic has over 30 designers, developers, engineers, and other professionals working together and building the ecosystem. The platform uses the open-source of the blockchain-based ecosystem, ‘identity.com,’ to verify credentials5. In March 2021, Civic announced the integration with Solana blockchain in order to offer improved privacy, ease-of-use, and regulatory compliance.
CVC token is used to settle transactions in the Civic ecosystem. When CVC is used to pay for any transaction within the Civic ecosystem, the Validator and the User, both are rewarded for sharing reliable information. Through consensus of participants, the proportion in which CVC is shared between the validator and the user is decided. Besides, CVC also incentivizes participants to contribute to the Civic ecosystem by exchanging CVC for the service.
The ecosystem manages the incentives in a way that benefits all participants. The service provider (Validator) is rewarded for providing validation of identity data. On the other hand, the User is rewarded for signing up for services, giving identity, or introducing a new user to the platform.
The CVC token can be traded on Coinbase and Coinbase Pro.
We update our Civic to GBP currency in real-time. Get the live price of Civic on Coinbase.
The current market cap of Civic is £67.31M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Civic is £1.22. This all-time high is highest price paid for Civic since it was launched.
Over the last 24 hours, the trading volume of Civic is £6.43M.
Assets that have a similar market cap to Civic include CARV, SOON, Venice Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Civic is 1 billion.
Civic ranks 67 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 90% of Coinbase users are buying Civic. In other words, 90% of Coinbase customers have increased their net position in Civic over the past 24 hours through trading.
Yes, Civic is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Civic guide.
Civic news
Trending articles
Social stats
Popularity in posts
#1140
Contributors
76
Posts
219
% About Civic
0.027%
Hold times
0 days
X (Twitter)
38.74% bullish
Sentiment
3.8 ★
Highlights
76 unique individuals are talking about Civic and it is ranked #1,140 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Civic has an average sentiment score of 76 out of 5. Finally, Civic is becoming less newsworthy, with 0 news articles published about Civic.
On Twitter, people are mostly neutral about Civic. There were 43.51% of tweets with bullish sentiment compared to 12.31% of tweets with a bearish sentiment about Civic. 56.49% of tweets were neutral about Civic. These sentiments are based on 219 tweets.
On Reddit, Civic was mentioned in 0 Reddit posts and there were 0 comments about Civic. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.