Civic Price
(CVC)
USD($)
Civic (CVC) Live Price Chart
Overview
About
Analysis
FAQ
Civic Live Price Data
The live price of Civic is $0.1884, with a total trading volume of $ 151,385 in the last 24 hours. The price of Civic changed by +14.3% in the past day, and its USD value has decreased by -9.58% over the last week. With a circulating supply of 1.00B CVC, the market cap of Civic is currently 189.84M USD, marking a --% increase today. Civic currently ranks #212 in market cap.
How do you feel about Civic today?
Note: This data is for reference only.
Civic(CVC) Profile
Rank212
BExpand 
Website
Documentation
Explorer
Contract
- Ethereum 0x41e556...e45
Audited By
- --
Code & Community
Investors
- --
$0.1645
$0.1962
- ATH
- $1.66
- Price Change (1h)
- +1.50%
- Price Change (24h)
- +14.30%
- Price Change (7d)
- -9.58%
- Market Cap
- $189.84M
- 24h Volume
- $151,385
- Circulating Supply
- 1B
- Max Supply
- 1B
About CVC
How can I buy Civic (CVC)?
Buying CVC on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Civic (CVC) for more information. What Is Civic (CVC) Crypto?
Civic is a blockchain project that aims to simplify identity verification services using blockchain technology. It provides a secure and efficient way for users to verify their identities and share this verified information with service providers without needing constant re-verification.
In return for participating in this process, service providers may reward users and verifiers with CVC tokens. CVC is essential for supporting payments for smart contract commands and maintaining the underlying blockchain that backs up the platform.
The Civic ecosystem is built on blockchain technology, specifically the Ethereum blockchain, and has successfully elevated the quality of services for its existing products, particularly the Civic Secure Identity Platform (SIP). The platform operates through smart contracts and utility tokens, with CVC being the native ERC-20 token used to facilitate transactions related to services offered by the Civic ecosystem.
CVC tokens are rewarded to Validators and Users for sharing reliable information and engaging in various platform activities to incentivize participation and contributions to the Civic ecosystem. Validators receive rewards for providing identity data validation, while Users are rewarded for signing up for services, providing their identity information, or introducing new users to the platform.
How Does Civic Pass Work?
Civic (CVC) aims to simplify and enhance identity verification processes using blockchain technology, providing a more secure and efficient decentralized identity (DID) solution for users and service providers. The CVC token is a utility for transactions within the ecosystem and incentivizes participation and contributions from participants.
The Civic ecosystem involves two main parties: Users and Validators. Users are individuals or associated businesses that need their identities verified, while Validators are institutions responsible for verifying the IDs of Users.
Validators approve the verified User data on the Civic ecosystem, simplifying the validation process for real User IDs within the blockchain. Other external agencies can then use the already validated data without the need for repetitive human involvement or sharing confidential data repeatedly.
Once a User's identity is verified and stored on the blockchain, they can securely share this verified information with service providers without repetitive verification processes. This reduces the risk of identity fraud and enhances the efficiency of identity verification.
When Was Civic Launched?
Civic Technologies, Inc. was founded in 2015 by Jonathan Smith and Vinny Lingham. Vinny Lingham is a well-known entrepreneur who previously founded the digital gift-card platform Gyft, which was acquired by First Data Corp. in 2014. He serves as the Chairman of the board at Civic. Jonathan Smith serves as the company’s Chief Technology Officer (CTO).
Civic was officially launched in July 2016 with the public beta release of its app. The app initially alerted users when their social security numbers were being used with one of the company's partners.
The Civic roadmap has been focused on improving identity verification processes, enhancing user experience, and expanding its ecosystem. Over time, the company has introduced various features and upgrades to its platform, including the CVC token, which serves as a utility token to support transactions within the Civic ecosystem.
In March 2021, Civic announced a technology integration with the Solana blockchain to offer improved privacy, ease of use, and regulatory compliance. The integration addressed the high fees and slow transactions experienced on early blockchains like Ethereum.
By leveraging Solana's technology, Civic's wallet was expected to become high-speed and have lower transaction fees, catering to the needs of DeFi products and other application layer technologies in the future.
Civic (CVC) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0235 | 14.30% |
| 7 Days | $-0.0221 | -10.59% |
| 30 Days | $0.0457 | 32.55% |
| 3 Months | $0.0864 | 86.50% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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Civic Conversion Rate
FAQ
How much is 1 Civic (CVC) worth?
KuCoin provides real-time USD price updates for Civic (CVC). Civic price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time CVC to USD exchange rates. Is Civic (CVC) a Good Investment?
Here are some reasons why you could consider adding CVC to your crypto portfolio:
Civic’s Unique Use Cases
Civic offers a decentralized identity verification solution using blockchain technology. Its platform allows users to verify their identities without compromising their personal information. This innovative use case can be attractive to investors, especially in the context of increasing concerns about data privacy and security.
Established Team and Partnerships of Civic
Experienced individuals, including Vinny Lingham, a successful entrepreneur, founded Civic. The company has also formed partnerships with various organizations, such as Johnson Controls, which indicates interest and adoption of its technology.
Growing Adoption and Developments in Civic Ecosystem
Civic's identity verification platform has been gaining traction, and it has expanded its services to various sectors, including building access management and proof-of-health verification during the COVID-19 pandemic. Increasing platform adoption can positively impact the demand for its native cryptocurrency, CVC.
Civic's integration with the Solana blockchain in 2021 aimed to enhance privacy, ease of use, and regulatory compliance. Such technical upgrades can contribute to the utility and value of the CVC token.
What Is Civic Crypto Price Prediction?
Although we cannot provide a precise CVC price prediction over any timeframe, we could recommend the following factors to watch to get a better understanding of volatility in the Civic cryptocurrency:
Level of Adoption of Civic’s Technology
The adoption and usage of Civic's identity verification platform can directly impact the demand for the CVC token. As more individuals and businesses use the platform for identity verification and other services, the demand for CVC tokens may increase, potentially driving the price upward.
Future Developments in the Civic Platform
Upgrades and improvements to the Civic platform, such as enhanced privacy features or partnerships with other blockchain projects, can positively influence the project’s perception and the CVC token’s value.
Macroeconomic and External Factors
Upgrades and improvements to the Civic platform, such as enhanced privacy features or partnerships with other blockchain projects, can positively influence the project’s perception and the CVC token’s value.
How to Use CVC Token
The CVC token is used within the Civic platform to facilitate various activities related to identity verification and management, such as:
Native Currency in Civic Ecosystem
The primary purpose of the CVC token is to settle transactions within the Civic ecosystem. It acts as a means of payment for identity-related services and activities carried out on the platform. When users need to verify their identity or access certain services, they can use CVC tokens to facilitate these transactions securely and efficiently.
Incentive Token For Civic Users
The CVC token is vital in incentivizing users and service providers to participate in the Civic ecosystem. Users are encouraged to provide their personal data and undergo identity verification processes by earning CVC tokens as rewards. Service providers, in turn, can receive CVC tokens as payment for offering identity-related services.
Trade or HODL Civic Crypto
Trade Civic crypto against other digital assets on the KuCoin Spot Market or hold the token long-term if you believe in the project’s future potential. Ensure that you DYOR before making any new trades in the crypto market.
What Is Civic (CVC) Tokenomics?
According to official documentation, the total supply of CVC is fixed at 1 billion tokens. Of these, around one-third were sold during Civic’s ICO in 2017.
The Civic project holds another one-third. The remaining one-third of the CVC token supply is allotted for incentives and rewards.
What is the all-time high price of Civic (CVC)?
The all-time high price of Civic (CVC) is $1.6600. The current price of CVC is down 88.65% from its all-time high.
What is the all-time low price of Civic (CVC)?
The all-time low price of Civic (CVC) is $0.0108. The current price of CVC is up 1,644.26% from its all-time low.
How much Civic (CVC) is there in circulation?
As of 12 22, 2024, there is currently 1B CVC in circulation. CVC has a maximum supply of 1B.
What is the market cap of Civic (CVC)?
The current market cap of CVC is $189.84M. It is calculated by multiplying the current supply of CVC by its real-time market price of $189.84M.
How do I store Civic (CVC)?
You can securely store your Civic in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your CVC include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Tron (TRX) to cash?
You can instantly exchange your Tron (TRX) for cash using KuCoin's Fast Trade feature. This feature enables you to convert TRX to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.