Civic sold out of tokens before the ICO officially went live, which is kind of strange when you think about it. That’s the sort of thing that happens when hedge funds get wind of a massive project and take it all for themselves! Luckily, people were given a second chance to purchase Civic tokens, even after $33M in Civic tokens (CVC) were sold 8-days before the official ICO.
The company founder immediately said that each pre-sale investor would contribute “one-third of what they purchased” to a pool for others to buy. It was one of the largest and most successful ICOs that we’ve ever seen, and they did it all with essentially no marketing.
Once again, the power of the crypto community is unmatched. People will share projects with their friends and try to make them some money – until the idea grows into a $33M fund for Civic