In a 2d of confusion together with to the dismay of some, CIVIC ended it’s crowdsale yesterday roughly 5PM.
They subsequently announced on their website that they had reached their destination of $33 1000000 inwards the token sale. As you lot tin come across inwards the higher upwards tweet, they tell this was spread over 10,000 orders, making the average or somewhere pretty high.
This should come upwards equally no surprise, since the identity/voting sectors of blockchain engineering scientific discipline are seen equally highly lucrative (government contracts equally good equally large organizational purposes) past times virtually all sectors of the large leagues. No 1 envisions newspaper voting or counterfeit-enabled identification systems inwards 50, 100 years, thus of course of instruction a well-organized projection similar CIVIC, with aid from heavyweights like Jeff Garzik, is going to perform well. As such, author Justin O’Connell appears to bring been conservative in his 8.0/10 rating at our sis site, Hacked.com. Not really, though. It’s nearly impossible to earn 10/10 from a given analyst – no 1 tin predict the future.
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Wojtek Palczynski on Twitter asked Vinny Lingham, CEO of CIVIC, why the Ethereum congestion number should touching on Bitcoin purchases. Lingham gave the most obvious response: that would hold upwards terribly unfair to those planning to invest via Ethereum. Such investors were doubly locked since they would farther hold upwards unable to teach out Eth to build it through BTC. He added that this motility too had to create with counting the actual contributions to ensure the cap wasn’t broken:
@VinnyLingham @civickey But together with thus why halt BTC contributions?
@wpalczynski @civickey Not fair to people who bought ETH to hold upwards locked out at this stage. We too demand to clear the congestion to confirm what's sold or non sold.
Luckily for those who didn’t teach to invest inwards CIVIC inwards time, at that spot volition be many more plays inwards the identification/government sector of blockchain technology. There volition too hold upwards plays inwards several other aspects of it, such equally immutable tracking ledgers for transportation outfits, educational purposes such equally degree tracking together with other pupil data, together with more.
These other-than-strictly-financial plays volition eventually grow into their ain industry, 1 twenty-four hours becoming nearly unrecognizable from the fiscal side of the technology, but yet beingness closely related, inwards much the same means that concern together with authorities are today. This is the form of prototype shift that the blockchain together with other decentralized technologies acquaint for the future, wherein entire industries volition hold upwards disrupted together with forced to adjust or fade. There are really few parts of modern life that blockchain could non bring a meaning impact upon.
CIVIC may hold upwards alongside the foremost genuinely serious plays of this nature. Another notable 1 would, of course, be Factom, who specialize inwards using the blockchain to essentially “notarize” documents together with records. While some may hold upwards upset that they missed out on this opportunity, others are certain to follow. And piece such tidings is instantly covered inwards major papers roughly the world, those with an border volition yet hold upwards those reading the industry-specific papers who’ve been hither from the beginning, similar CCN.
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From : CCN
