Bountyhive partners with Civic to Welcome the new age of STOs

In light of regulations, Security Token Offerings (STO’s) have become a hot topic around the world. While STO’s have become the preferred choice over ICOs, they come with specific rules, like the need to verify every initial token holder.

This will not only drastically increase the quality of both Bountyhive campaigns, as well as users — but it also ensures a higher volume of campaigns.

Civic is a digital identity company, revolutionizing how people prove who they are in the modern world. The Civic Secure ID Platform (SIP) provides multiple identity verification solutions, including multi-factor authentication (MFA) without a username, password, third-party authentication, or physical hardware token.

Additionally, Civic never stores user data, and Civic’s attention to modern privacy and security concerns, from both a business and user perspective, is one of the main reasons we think Civic is the best identity verification solution for Bountyhive.

In the future, some Bountyhive campaigns, particularly STOs, will be limited to participants with verified profiles. Every user will have the option to complete the verification whenever they wish to, ensuring that all of the regulations are met.

Note: Verification is not mandatory, and won’t be mandatory. Every user has the option to complete it or not. Some campaigns will be restricted to verified participants, but the users can simply choose not to join those campaigns.

Related posts:

Troubleshooting

Explore Software Defined Radio: Use SDR to receive satellite images and space signals. Read more

Confession is Gospel Oppurtunity

People were made for community. In the context of the local church, the cross reconciles us to Christ and unifies us to one another. The cross reveals the ugly and vile nature of our sin and the… Read more

Decoding 5G Security

5G standards and procedures have security deeply embedded by design. This is a complete departure from earlier generations of telecom networks. The 5G core network is a complete transformation in… Read more