Civic token CEO hints at major development

in cryptocurrency •  7 years ago  (edited)

Earlier today on the Civic Telegram channel, when asked about payment structure for Civic tokens involving staking or burning, CEO Vinny Lingham hinted at possibilities for Civic rewards to owners of the Civic token. The following is copied from his comment on Telegram chat:

Vinny Lingham on Telegram:
Yes. There will be a staking mechanism. No tokens will be burnt. Details tbd. There’s your hint for the holidays 😏

This is a very interesting development. Civic will be migrating to the Bitcoin side-chain, Rootstock, in the very near future. Does this mean holders of Civic could stake their tokens and perhaps be rewarded with Bitcoin?

We will have to wait and see, but it does make me feel like buying some more Civic!

source:
http://bitcoinist.com

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