Civil blockchain startup announces closure

Startup Civil, supported by blockchain venture studio ConsenSys, announced its closure. The main reason for this decision is the impossibility of the project to support itself.

There is no news on the official website of the company, and only the team’s appeal to its readers is contained. Thus, Civil experts note that the startup has become an innovator who experimented with blockchain and digital assets in the field of media activities. “We have created innovative technologies, supported award-winning journalists and inspired many people around the world with their vision of wider participation in the media space,” the statement said. The team admitted that they had achieved great success in their work, united like-minded people to “serve something very important,” but was forced to stop working.

It is worth noting that Civil employees will continue to work as part of ConsenSys on the development of software for decentralized identification on the Ethereum blockchain.