Quote from: Marina_T on June 17, 2017, 05:35:16 PM

Quote from: SimonJones on June 17, 2017, 02:10:35 PM

Quote from: CryptoBry on June 17, 2017, 11:54:20 AM

I am particularly concerned about the planned 1 Billion coin to be produced for this project. Will that number make the coin hard to increase in value? I am just a newbie by the way so my questioning may not be all right.

It's 10 cents per token. 33% will be sold in the crowdsale to make the market cap $33 million. Total market cap for 1 billion tokens would be $100 million. It's not the number of tokens but market cap that matters.

Thank you - fully agree. Not sure why many are focussed on the arbitrary coins number.

Yes indeed, 33% is sold in the tokensale, 33% left with company but locked-up and 33% for incentive / partner tokens. But think about the fact those partner tokens allocated to enterprises joining the network would serve as a strong incentive for them to implement Civic, which is likely to have a major positive effect on the Civic ecosystem more generally as it grows. In my mind you get the value of the token from the value of the ecosystem, not just from the number of tokens issued.

I believe you are right. If Civic team succeeds through this strategy and become the main platform for distributed identities, then we are in front of a billion dollar product