Civic Investment review from ICORating Agency

Civic project (ico start 15.06.17 end 15.07.17). Investment recommendation PURCHASE

The Civic project is worth following: the founders took a responsible approach to the development of the project and managed to confirm the volume of the work performed. The project has already attracted the interest of large investment funds and launched some of the project services that function. Civic has its own competitive advantages: a very strong team, the in-demand service that solves the existing market problems, increasing the security of identity data storage thanks to using the blocking technology, and a low-cost access to identity verification services for users.The most significant risk, in our opinion, is the short life of the product, and, accordingly, its low recognition level on the market. The Civiс token (CVC) is an only infrastructure tool. According to the Whitepaper, there are no dividends or other mechanisms to ensure return of the funds raised through ICO. Nevertheless, based on the analysis, we can recommend to PURCHASE CVC on the ICO. This is one of those altcoin-projects whose demand for venture and investment capital can grow with the growth of the market.In case of Civic ICO's success due to the absence of bounty and other programs that motivate artificial speculative demand for tokens, as well as the minimum costs for conducting ICO (based on the distribution plan of raised capital, see below), the volatility of CVC will be lower than usual. We do not expect a substantial excess of tokens` demand over its supply.Full report you may read here