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Coin: INTERNET COMPUTER (ICP)
Internet Computer is a blockchain-powered public network that provides a limitless environment for smart contracts to run at web speed and scale while helping to reduce computing costs.
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Tokenomics
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Security
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Scalability
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Decentralisation
Refers to the degree to which control & power of a blockahin network is dispersed across a network and not controlled by a central authority.
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Applications
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Team & Developers
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Usage & Adoption
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Community Strength
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Overall Rating
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Investors:
Multicoin Capital, SNZ, LedgerPrime, Electric Capital, Aspect Ventures, Scalar Capital, CoinFund, Polychain Capital and Andreessen Horowitz.
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Disclaimer: Platypus Terminal does not provide any investment advice, nor is anything mentioned an offer to sell, or a solicitation of an offer to buy any security or other instrument. Under no circumstances should investments be based solely on the information provided. We do not guarantee the security or completeness of our information, and are not held liable.
The Internet Computer is a decentralized open network aimed at reversing the monopoly Big Tech companies, such as Google or Facebook, have over the traditional internet. It was created in 2016 when Dominic Williams started the DFINITY Foundation, a non-profit organization dedicated to researching and developing the Internet Computer. ICP is the utility token of the Internet Computer Protocol that allows the community to participate in the governance of the network. The coin can also be staked and "converted into cycles" used to run websites, decentralized applications, and more traditional, centralized programs.
Internet Computer uses a blockchain called Chain Key Technology (CKT), which does not use older blocks in the chain and operates at a much more efficient web-like speed. A big talking point behind ICP currently is that the Internet Computer protocol will be extended to add smart contracts to Bitcoin, which will allow users to send and receive Bitcoin without the need for private keys.
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