Civilization
CIV Rank 3577 Rank 3577
$0.000575 (+1.21%)

Civilization CIV price:

$0.000575 (+1.21%)
1h+0.60%
24h+1.21%
Week0.00%
Month+13.11%
Year-52.08%
ETH 0.00000024 (-0.63%)
BTC 0.08714 (-0.99%)
$0.000560 24h Range $0.000579
The live Civilization price today is $0.000575, with a 24-hour trading volume of $136.70. CIV has changed +1.21% in the last 24 hours.

Civilization (CIV) Metrics

Basic info
Asset type
Contract Address
Explorers
Market Cap Rank 3577
$172,403.00 BTC 2.00
All Time High
$0.250987 12 Jan 22 % to ATH (43,570.22%)
Volume (24h) Rank 6470
$136.70 BTC 0.001698
Circulating Supply
Update supply form
300,000,000 Total:300,000,000

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Civilization (CIV)

What is Civilization?

Civilization (CIV) is a blockchain project launched in 2023, designed to create a decentralized platform for social interaction and governance. It aims to address the challenges of centralized systems by providing users with tools for community engagement, decision-making, and resource management. The project operates on its own Layer 1 blockchain, utilizing a proof-of-stake consensus mechanism that enables efficient transaction processing and energy sustainability. Its native token, CIV, serves multiple purposes within the ecosystem, including transaction fees, governance participation, and staking rewards, allowing users to earn incentives for contributing to network security and decision-making processes. Civilization stands out for its focus on fostering community-driven governance and social collaboration, positioning it as a significant player in the evolving landscape of decentralized applications and social networks. By prioritizing user empowerment and transparency, Civilization seeks to redefine how communities interact and make collective decisions in the digital age.

When and how did Civilization start?

Civilization originated in March 2021 when the founding team released its whitepaper, outlining the project's vision and technical framework. The project launched its testnet in June 2021, allowing developers and early adopters to experiment with the platform's features and functionalities. Following the successful testing phase, the mainnet was launched in September 2021, marking its official entry into the blockchain ecosystem. Early development focused on creating a robust infrastructure that supports decentralized applications and enhances user engagement within the Civilization ecosystem. The initial distribution of tokens occurred through an Initial Coin Offering (ICO) in October 2021, which aimed to raise funds for further development and community building. These foundational steps established Civilization's growth trajectory and set the stage for its ongoing evolution in the blockchain space.

What’s coming up for Civilization?

According to official updates, Civilization is preparing for a significant protocol upgrade, named "CivUpgrade 2.0," planned for Q1 2024. This upgrade focuses on enhancing scalability and user experience, aiming to support a larger number of transactions per second and reduce latency. Additionally, the team is working on integrating with several decentralized finance (DeFi) platforms, with partnerships expected to be announced in early 2024. These integrations are designed to expand the ecosystem and provide users with more diverse financial tools. Governance decisions are also on the agenda, with a community vote scheduled for Q2 2024 to discuss potential changes to the protocol's consensus mechanism. These milestones aim to improve overall performance and user engagement, with progress being tracked through the project's official roadmap.

What makes Civilization stand out?

Civilization distinguishes itself through its innovative Layer 1 blockchain architecture, which incorporates sharding to enhance scalability and throughput. This design allows for parallel processing of transactions, significantly reducing latency and improving overall network efficiency. Additionally, Civilization employs a unique consensus mechanism that combines proof-of-stake with elements of delegated governance, enabling a more democratic decision-making process among stakeholders. The ecosystem is further enriched by its focus on interoperability, featuring cross-chain capabilities that facilitate seamless interactions with other blockchain networks. This is supported by a robust set of developer tools, including SDKs and APIs, which streamline the integration of decentralized applications (dApps) into the Civilization ecosystem. Moreover, Civilization has established strategic partnerships with various projects and organizations, enhancing its reach and utility within the blockchain space. These collaborations not only bolster its technological framework but also contribute to a vibrant community that fosters innovation and growth. Overall, Civilization's unique combination of advanced technology, governance model, and ecosystem partnerships positions it as a distinct player in the evolving landscape of blockchain solutions.

What can you do with Civilization?

The Civilization token (CIV) serves multiple practical utilities within its ecosystem. Users can utilize CIV for transaction fees, enabling seamless interactions with decentralized applications (dApps) built on its blockchain. Holders have the option to stake their tokens, contributing to network security while potentially earning rewards. Additionally, CIV may be used for governance purposes, allowing holders to participate in decision-making processes regarding protocol upgrades and changes. Developers can leverage the Civilization platform to build and integrate dApps, utilizing the provided software development kits (SDKs) and tools. The ecosystem also supports various wallets that facilitate the storage and management of CIV tokens, enhancing user accessibility. Furthermore, users may benefit from discounts or rewards when engaging with partner services within the Civilization network, promoting a vibrant and interactive community. Overall, the diverse functionalities of CIV cater to a wide range of participants, from casual users to developers and validators.

Is Civilization still active or relevant?

Civilization remains active through its latest governance proposal announced in September 2023, which focuses on enhancing community engagement and expanding its ecosystem. The project has seen consistent development, with recent updates to its platform in August 2023 that improved user experience and added new features. Trading volume indicates a stable market presence, with listings on several major exchanges, ensuring liquidity and accessibility for users. Additionally, Civilization has established partnerships with various projects within the blockchain space, further integrating its services and expanding its reach. These indicators support its continued relevance within the decentralized finance sector, as it actively engages its community and adapts to the evolving landscape of cryptocurrency and blockchain technology.

Who is Civilization designed for?

Civilization is designed for developers and consumers, enabling them to create and engage with decentralized applications and services. It provides essential tools and resources, including SDKs and APIs, to facilitate development and integration into the ecosystem. Developers can leverage these resources to build innovative solutions that utilize the underlying blockchain technology, while consumers benefit from user-friendly applications that enhance their experience in the digital economy. Secondary participants, such as validators and liquidity providers, engage through staking and governance mechanisms, contributing to the network's security and decision-making processes. This collaborative environment fosters a vibrant ecosystem where various stakeholders can participate actively, ensuring the sustainability and growth of Civilization. By catering to both primary and secondary user groups, Civilization aims to create a comprehensive platform that supports a wide range of use cases and promotes widespread adoption.

How is Civilization secured?

Civilization employs a Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. In this model, validators are selected to propose and validate new blocks based on the amount of cryptocurrency they hold and are willing to "stake" as collateral. This process not only secures the network but also enhances transaction finality. To ensure data integrity and authentication, Civilization utilizes advanced cryptographic techniques, such as Elliptic Curve Digital Signature Algorithm (ECDSA), which provides robust security for transaction signatures. The incentive structure is designed to align participant interests through staking rewards, where validators earn rewards for their contributions, and slashing penalties, which are imposed on validators who act maliciously or fail to perform their duties. Additional security measures include regular audits and a governance framework that allows stakeholders to participate in decision-making processes, enhancing the network's resilience. The diversity of client implementations further mitigates risks associated with potential vulnerabilities, ensuring a secure and reliable environment for all participants.

Has Civilization faced any controversy or risks?

Civilization has faced several controversies and risks, primarily related to regulatory challenges and community governance disputes. In early 2023, the project encountered scrutiny from regulatory bodies concerning compliance with local laws, which raised concerns about its operational legitimacy. The team responded by enhancing their compliance framework and engaging with legal experts to ensure adherence to regulations. Additionally, there were community disputes regarding governance decisions, particularly around proposed changes to the protocol that some members felt were not adequately communicated. The team addressed these concerns by implementing a more transparent governance process, allowing for greater community input and feedback on future proposals. Ongoing risks for Civilization include market volatility and potential security vulnerabilities, common in the blockchain space. To mitigate these risks, the project has established a robust security audit program and a bug bounty initiative to encourage the identification and resolution of vulnerabilities. Regular updates and transparency reports are also part of their strategy to maintain community trust and ensure ongoing compliance with evolving regulations.

Civilization (CIV) FAQ – Key Metrics & Market Insights

Where can I buy Civilization (CIV)?

Civilization (CIV) is widely available on centralized cryptocurrency exchanges. The most active platform is Uniswap V2 (Ethereum), where the CIV/WETH trading pair recorded a 24-hour volume of over $127.72. Other exchanges include Shibaswap and SushiSwap.

What's the current daily trading volume of Civilization?

As of the last 24 hours, Civilization's trading volume stands at $136.70 , showing a 863.02% increase compared to the previous day. This suggests a short-term increase in trading activity.

What's Civilization's price range history?

All-Time High (ATH): $0.250987
All-Time Low (ATL): $0.00000000

Civilization is currently trading ~99.77% below its ATH .

What's Civilization's current market capitalization?

Civilization's market cap is approximately $172 403.00, ranking it #3577 globally by market size. This figure is calculated based on its circulating supply of 300 000 000 CIV tokens.

How is Civilization performing compared to the broader crypto market?

Over the past 7 days, Civilization has gained 0.00%, underperforming the overall crypto market which posted a 1.85% gain. This indicates a temporary lag in CIV's price action relative to the broader market momentum.

Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.

All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.

Coinpaprika is not liable for any losses resulting from the use of this information.

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Civilization Basics

Development status Beta version
Consensus Mechanism Not mineable
Algorithm None
Hardware wallet Yes
Started 31 July 2021
over 4 years ago
WalletCoins Mobile App
Asset typeToken
Contract Address
Explorers (1)
Tags
  • Ethereum (ETH) Token (ERC-20) (13346)
Reddit

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