Civil’s First Token Sale: No Go. Will Try Again.


Civil’s goal for their first token sale: Sell 34 million CVL tokens for between $8 million and $24 million.

The sale began on September 18 and concluded Monday night, October 16.

1,012 buyers purchased $1,435,491 worth of CVL tokens. Since they didn’t meet their goal, refunds will be issued to all buyers.

Civil is going to try again. The company says “a new, much simpler token sale is in the works.” Details to be shared soon.

Here’s the post from Civil: What’s Next For Civil.