Civic was at the nascent stages of starting a potentially successful identity startup, which could have been a boon to traditional financial services companies. The gluttony of 2017 pushed them and many others to make short-sighted decisions. Not every company needs to become a “project” and embrace the ethos of “Web 3.0. — not that Civic even comes close — Civic’s project isn’t even open-source in counter to the cypherpunk ethos of other self-sovereign identity projects.
