Civic (CVC) is entering an increasingly competitive market in the race to digitize identity on the blockchain. When compared to other startups, I believe Civic is unlikely to succeed in revolutionizing identity. When Civic is compared to startups like Securekey their tokenomics model and lack of notable partnerships exposes their inability to deliver a useful utility. With security being the foundation layer of what will be the blockchain internet 3.0, the topic is too important to take lightly.
Current Problems………………………………………………..00:44
Competition…………………………………………………………03:35
How Civic works…………………………………………………05:23
Civic vs Others:
Partners………………………………………………………………08:00
Economics/Tokenomics……………………………………12:27
Future………………………………………………………………….16:48
Opposing opinions are strongly encouraged comments!
Will Civic Make It (Steemit article on this topic);
https://steemit.com/altcoins/@altcoin-analysis/will-civic-make-it
How blockchain is changing digital identity (Secure Key);
https://www.youtube.com/watch?v=EQ5PGPIjrtI&t=1505s
Verified.me explanation and demo;
https://www.youtube.com/watch?v=15x8XZ7Zu0Y&t=292s
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