$ICP ICP token refers to the native functional token of the Internet Computer, which is a Layer 1 protocol developed by the DFINITY Foundation, aimed at becoming a 'blockchain network for the development of the internet.' The technical architecture of ICP token adopts a layered design, featuring high scalability and security, laying a solid foundation for its future development. As the core token of its ecosystem, ICP token has the function of value exchange and incentives on this platform.

The potential of ICP token is reflected in the following aspects:

• Technical Foundation: The DFINITY Foundation is dedicated to building a decentralized internet computing platform, with ICP token as the core token of its ecosystem.

• Team and Partners: The DFINITY Foundation was founded by a team of elites from academia and industry, who possess rich technical experience and industry resources. ICP token's partners span the globe, covering various fields such as technology, finance, and media.

• Market Performance: Since the launch of ICP token, its trading volume and market capitalization have maintained a steady growth trend, and the market holds an optimistic view of the potential of ICP token.

• Community Vitality: The community of ICP token is also continuously growing, with an increasing number of users and attention, injecting vitality into the future development of ICP token.

The application scenarios of ICP token include:

• Governance: ICP token holders can stake ICP in the Network Nervous System (NNS) to create 'Neurons' to vote on governance proposals and receive voting rewards.

• Network Transactions: ICP token can be broken down and converted into Cycles, which are used to run websites and applications on the network through canisters.

• Sending: Sending a portion of the ICP balance to another account.

Through the ICP protocol, the DFINITY project allows developers to build a virtual blockchain computer network using peer-to-peer network computing resources, where existing software and smart contracts can be deployed, having the characteristics of blockchain traceability, immutability, and distribution.