Civil’s ICO came to an end without reaching the required mark — $8 million. According to a statement of Civil CEO, Matthew Iles, the team is “disappointed”, but it’ll do its best to reach new successes.
The head of Civil said:
“The CVL token sale didn’t succeed. We’re disappointed, but we’re as committed as ever to seeing Civil out in the world. We’ll offer full refunds.”
Iles also stated that nearly 3,000 investors were “willing to jump through the hoops required to buy CVL tokens.”
In addition Iles highlighted that "a new, much simpler token sale is in the works."
Previously, Forbes announced partnership with Civil to start experimenting with publishing content to the Civil blockchain.
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