Civic Grows Identity Verification Ecosystem by Allocating Millions in Tokens to Strategic Partners

prnewswire.com5y ago

The Civic token sale was the one of the most widely distributed sales to date, with over 50,000 prospective purchasers and approximately 8,000 successful purchasers worldwide, in stark contrast to other recent token sales that only included a few hundred people.

According to Civic CEO Vinny Lingham, "Encouraging wide distribution is something that we have really focused on because we are trying to build a network effect. These partner sites, including WikiHow (a top 100 global web property), have over 250 million monthly active users across their various properties and have committed to implementing Civic by the end of 2017. This is a great start to building the Civic network since our successful token sale last month, and now we will continue to forge more partnerships to strengthen this network and give Civic users more opportunities to leverage this technology."

The success of the token sale has attracted a burgeoning pipeline of new and diverse potential partners, ranging from the public sector to companies large and small. Civic is excited to introduce some of its strategic partners at this time, including: Augmentors, Bayonet Technologies,, BnkToTheFuture, BitGo, C.O.S.S.,, Injii, Jaxx, Keynua, Lykke, Propy, REIDAO, ShapeShift, RSK, StockTwits, SweepSouth, TokenMarket, Turo, Inc., WikiHow, Xapo and Yola.  

About Civic: Civic is spearheading the development of an ecosystem that is designed to facilitate on-demand, secure and low-cost access to identity verification services via the blockchain. Civic recently introduced a Civic token, or CVC, that participants in the ecosystem will use to provide and receive identity verification-related services.

CONTACT: Elsa Brink, [email protected]


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