Several months ago I discover this project called Civic, a platform to secure your virtual identity using blockchain technology, or as they call it a "secure identity ecosystem", for me was a good idea that goes along to the needs of our technological advance present and the idea of our digital fingerprint. This project comes with a token with the same name, trade as CVC, in that time worth less than 20 cents of a dollar, one of those assets that seems so cheap that is worth the gamble just for the fun of the idea.
Today that investment is paying good because increased its value in about 500%, trading at $1.19 usd, but the news around this token does not come for the price but because it recently got listed on DeadCoins as a scam! The site has it on its black list for the following reason:
It is dead because Vinny Lingham only created it to earn back all the bitcoin he lost shorting bitcoin around $2000. He has not done anything with the development of the coin or its "features", which can be shown in its; ever since it got pumped and dumped after being listed on Bittrex.
So now I’m the middle of this situation that I'm not sure what to expect. I started looking for more info and news from Civic and the thing that made me a little skeptic is that after several months since the token sale was closed and reached a good financial goal the only tangible products is an app that I'm not sure how good is working. On December 30th they announced a developer program, after so much fuzz and support from the community and investors, it seems the company is going so slow to say the least. There is no roadmap or plan that can reveal what the future of this token and product is going to be, so I face the fact that is a very good idea but it might have a poorly development.
The question now is, is DeadCoins right about Civic? Or is it just bad publicity and lack of faith in the project?
Have you bought CVC? Any thoughts on this? Please share your ideas in the comments.
Thank you for reading.
Cheers!
