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What is Civic (CVC)?
Civic basic info
Name:Civic
Ticker:
CVCBuy now
Introduction:
What Is Civic?
Civic is a Blockchain-based identity management platform designed to provide a secure, low-cost, and on-demand way to verify identity information using modern cryptography,
blockchain technology, and smart contracts. Launched to ensure the safety and equitable access to digital identities for all, Civic’s ecosystem connects users, requesters, and validators worldwide. This decentralized verification system allows personal information to be verified once and reused across various platforms, eliminating the need for constant re-verification.
This identity platform leverages scalability, privacy, and proof-of-history to enhance transaction speed and reduce costs, making identity verification accessible to mainstream users. Civic Pass is available on Arbitrum, Avalanche, Base, Casper,
Ethereum, Fantom, Optimism,
Polygon, Polygon zkEVM,
Solana, and XDC.
Resources
Official Documents:
https://docs.civic.com/
Official Website:
https://www.civic.com/
How Does Civic Work?
Civic’s identity verification process is centered around user empowerment, offering control over personal identity information (PII) and ensuring privacy. Information is encrypted, hashed, and anchored on the blockchain, ensuring safety and compliance with regulations like the General Data Protection Regulation (GDPR). This process prevents data from being stored on Civic servers, protecting user information even in the event of a breach. Civic's ecosystem consists of users, validators, and requester/service providers, where validators verify identities, and requesters can access verified information with user consent, facilitated through a decentralized exchange of CVC tokens.
Civic Pass, the platform's flagship product, offers a multi-chain, wallet-agnostic identity and access management solution for dApps, Web2 companies, and smart contracts. It enables protocols and services to manage access based on verifications performed or inputs from Civic's Identity Verification Services, ensuring that users comply with dApp requirements. Civic Pass, along with Civic’s custom and third-party integrations like Solana Token Extensions, represents a holistic approach to identity management in Web3, DeFi, and beyond.
What Is CVC Token?
CVC is the main token of the Civic project. It facilitates transactions within the Civic ecosystem, acting as a means of settlement between participants. The token incentivizes the sharing and validation of information, with its distribution governed by smart contracts that determine the reward split between validators and users. CVC also serves as a mechanism to ensure active participation from validators and requesters in the marketplace, aligning their interests with the ecosystem’s health. Through this token economy, Civic aims to lower the costs of identity verification, enhance security, and improve user experience, making it an integral part of the Civic identity verification ecosystem. CVC has a total supply of 1 billion tokens.
What Determines Civic’s Price?
The price of Civic, like that of other blockchain-based assets, is heavily influenced by supply and demand dynamics within the cryptocurrency
markets. Factors such as Web3 advancements, cryptocurrency regulation, market volatility, and the overall level of cryptocurrency adoption play pivotal roles in shaping Civic's valuation. Investors closely monitor cryptocurrency charts and
cryptocurrency analysis to make informed decisions, keeping an eye on the latest news and developments within the Civic ecosystem and the broader cryptocurrency landscape. As the best crypto investment for 2024 and beyond, understanding these market forces is crucial for predicting
Civic price movements.
Moreover, Civic's price is also impacted by specific cryptocurrency trends, security concerns, and the rate of adoption among Web3 applications. Cryptocurrency price predictions often take into account the potential effects of latest developments in blockchain technology and the regulatory environment, as these can significantly influence investor sentiment and, consequently, supply and demand. With Civic being at the forefront of digital identity on the blockchain, its utility, ongoing integration into DeFi platforms, and
partnerships within the cryptocurrency ecosystem are key factors that analysts consider when making cryptocurrency price predictions for Civic in an ever-evolving market.
For those interested in investing or trading Civic, one might wonder: Where to buy CVC? You can purchase CVC on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.
Show more
Current price:
$0.1345More price details
All-time high:$1.66
All-time low:$0.01081
CVC supply and tokenomics
Circulating supply:1,000,000,000 CVC
Total supply:1,000,000,000 CVC
Max supply:0 CVC
Market cap:$134.54M
Fully diluted market cap:$134.54M
Links
Website:https://www.civic.com/
Buy Civic for $1Buy CVC now
What is the development prospect and future value of CVC?
The market value of CVC currently stands at $134.54M, and its market ranking is #334. The value of CVC is not widely recognized by the market. When the bull market comes, the market value of CVC may have great growth potential.
As a new type of currency with innovative technology and unique use cases, CVC has broad market potential and significant room for development. The distinctiveness and appeal of CVC may attract the interest of specific groups, thereby driving up its market value.
What will the price of CVC be in 2025?
Based on CVC's historical price performance prediction model, the price of CVC is projected to reach $0.1401 in 2025.
What will the price of CVC be in 2030?
In 2030, the CVC price is expected to change by +7.00%. By the end of 2030, the CVC price is projected to reach $0.2598, with a cumulative ROI of +85.90%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of CVC and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.
Is CVC worth investing or holding? How to buy CVC from a crypto exchange?
If you want to buy CVC, the following information may be helpful for your investment decisions:
In the last seven days, the price of CVC has risen by 7.23%, leading to positive returns for most CVC investors. The market is currently optimistic about the price trend of CVC.
It is important to note that the current price of CVC has retreated by -91.91% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether CVC is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in CVC or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of CVC, if you want to buy or sell CVC, you can consider Bitget for your trading needs. The best place to buy CVC is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Civic has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Civic. Here's a step-by-step guide on how to buy Civic on Bitget.
How to get Civic through other methods？
Using cash to buy Civic is not the only way to obtain Civic. If you have the time to spare, you can get Civic for free.
Learn how to earn Civic for free through the Learn2Earn promotion.
Earn free Civic by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Civic airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Civic through Bitget Convert, Bitget Swap, or spot trading.
What is Civic used for and how to use Civic?
The use case of Civic may expand as the crypto market and the project itself develop. Currently, you can use CVC to achieve the following goals:
Arbitrage by trading CVC: Since CVC is a frequently traded cryptocurrency, the price of CVC is always fluctuating. Earn more CVC by buying low and selling high on the exchange. Bitget spot market provides a variety of CVC trading pairs to fully meet your needs.
Earn by staking CVC: You can also generate income through financial management methods such as staking CVC or lending CVC. Bitget Earn offers a variety of financial products designed to help you earn more income from your CVC.
Send or pay CVC: If you want to give CVC to your friends, a charity, or a fundraiser, or you want to pay someone with CVC, you can quickly and easily send CVC to the recipient through their payment address.
You can also go to the official website of the Civic project to learn more about the use cases of CVC. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .
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