What is Civilization (CIV)?
CIV is the native token of the Civilization crypto platform. Using its brand-new Decentralized Investment Fund (DIF) approach, Civilization is the first automated fund led by CIVians (community members) to help traders make markets and collect fees. With 100% auditable software and, eventually, automatic selection for the highest payout with the least risk, it strives to redefine staking and investing. You can view the latest CIV price changes in the Civilization price chart above.
The new DIF concept is centered on community and code. Unlike the conventional fiat-money fund, which is usually based on a trustworthy, well-known group with exclusive ideas, personal connections, access to capital, and a hierarchy of authority, DIF is a system based on community decisions regarding issues such as software code investment. Generally, the system operates on different performance-based principles rather than the knowledge of a few individuals.
Use Cases of CIV Tokens
CIV tokens have three main roles:
- Enabler of investment. Purchasing CIV is comparable to buying stock in a conventional investment fund. However, in contrast to investing in the underlying fund, it has a unique return profile.
- Store of value. Investment returns are paid in CIV tokens.
- Hedge against volatility. The platform provides a unique 1:1 ETH-CIV staking mechanism that has an innovative automated investment system integration.
Overall, since all investment activities are totally automated, CIV continues to work while investors enjoy the benefits, eliminating the need for wasteful trial and error in ever-changing markets.
Planning to acquire CIV tokens? Before doing that, make sure to check the Civilization price chart above. It features the recent movements in the CIV price.
Who Founded Civilization?
The Civilization crypto project was founded by a pseudonymous person who goes by the name Sator Settler. There is no information about his background as he chose to remain anonymous. Since the project was inspired by Ryoshi and his Shiba Inu experiment, Civilization was created precisely one year after Shiba Inu was launched.
Tokenomics of CIV
The CIV token is an audited non-mintable contract. You can see the latest CIV price, trade volume, supply, market cap, and other details in the charts above.
The initial total supply of CIV is 300,000,000. Regarding its distribution, the entire CIV supply was pledged to Uniswap v2. Besides, the project uses a buyback-and-burn mechanism. According to the current burn timetable, 50% of all product revenue is used to buy back tokens and decrease the available supply, this way also stabilizing the CIV price.
