Overview
Internet Computer (ICP) is a groundbreaking blockchain project that aims to revolutionize the internet by creating a decentralized global computer. With unlimited capacity and web speed, ICP represents one of the most significant innovations in blockchain technology alongside Bitcoin and Ethereum.
ICP Price Today
- Current Price: ₩6,846.65 KRW
- 24h Trading Volume: ₩76.09B KRW
- Market Cap: ₩3.66T KRW
- Circulating Supply: 534.98M ICP
- Total Supply: ∞
- Price Change (24h): +6.44%
👉 Track live ICP price updates
Key Statistics
| Metric | Value | Change (24h) |
|---|---|---|
| Market Cap | ₩3.66T | +6.44% |
| Volume/Market Cap | 2.07% | |
| Fully Diluted Val. | ₩3.66T |
What is Internet Computer?
Internet Computer is the world's first blockchain that operates at web speed with unlimited capacity. It represents a major leap forward in blockchain innovation, enabling:
- Scalable smart contract computation
- Web-speed execution
- Efficient data processing/storage
- Powerful developer frameworks
Founded in October 2016 by Dominic Williams, the project has gained significant attention in the crypto community.
ICP Token Utility
The ICP token serves three primary functions:
- Network Governance: Holders can stake tokens to participate in governance.
- Cycle Production: Converted to cycles to power computation.
- Participant Rewards: Used to incentivize network contributors.
Network Features
- Chain Key Technology: Enables web-speed operation with 1-2 second finality
- Decentralized: Operates across independent data centers worldwide
- Scalable: Currently running on 1,300 nodes with plans to expand to 4,300 by year-end
Internet Computer Ecosystem
The network hosts several promising projects including:
- DeFi Platforms: Enso Finance, Tacen, SailFish
- Social Media: Distrikt (open LinkedIn alternative), OpenChat
- Entertainment: CanCan (TikTok alternative)
Frequently Asked Questions
What makes Internet Computer unique?
ICP introduces Chain Key Technology, enabling web-speed operation and unlimited scalability while maintaining decentralization.
Who created Internet Computer?
Dominic Williams, a crypto theorist and serial entrepreneur, founded the project in 2016.
Where can I buy ICP tokens?
Major exchanges like Coinbase, Huobi, and OKEx list ICP tokens for trading.
How does ICP governance work?
Token holders can stake ICP to create neurons that participate in network governance via the Network Nervous System (NNS).
What's the token distribution?
Genesis allocation included:
- 24.72% to seed donors
- 18% to team members
- 23.86% to DFINITY Foundation
- Various community allocations
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Conclusion
Internet Computer represents a bold vision for the future of decentralized internet infrastructure. With its unique technology and growing ecosystem, ICP continues to push the boundaries of what's possible with blockchain technology.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.
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