$ICP Current price: $42.18 ATH: 900$ (Coingecko) Market Cap: $7B+ Developer: Dominic Williams
UNIQUENESS The Internet Computer is a blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum. DFINITY( foundation that launched ICP) raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters. The purpose of the Internet Computer is to extend the public internet, so it can also be the world’s compute platform. ICP are native utility tokens that play key roles in the network: Facilitating Network Governance: ICP tokens can be locked to create neurons that participate in network governance by voting, through which they can earn economic rewards. Rewarding Participants: The network mints new ICP to reward and incentivize those playing important roles that enable the network to function, including: a) the provision of voting rewards to those participating in governance, b) the provision of voting rewards; to those operating the node machines hosting the network etc. ICP launched with several entrepreneurs which include: Enso Finance: Decentralized exchange that has raised $5mn Tacen: A high-performance non-custodial exchange that has raised $2.5mn SailFish: A gateway to open financial services Distrikt: A decentralized, professional social media network.