🌐 Internet Computer ($ICP) revolutionizes web services via a secure, decentralized protocol, powered by the ICP token.
🛠️ Developed by Dominic Williams of DFINITY, ICP redefines the internet by facilitating app development, managing fees,
compensating contributors, and governing network decisions.
💰 With $121M in funding, including from Andreessen Horowitz, DFINITY launched ICP in 2017, distributing $35M worth of
tokens via a 2018 airdrop.
📅 Full-scale development of ICP began in 2019, leading to its official rollout in May 2021 with features like Canisters for advanced smart contracts.
🚀 Positioned as the third major blockchain innovation, ICP aims to dismantle big tech monopolies and transform cloud services into a decentralized network.
🎯 Williams emphasizes ICP's scalability and efficiency, contrasting it with "traditional blockchains" like Ethereum and Solana, which he considers inefficient for web3 applications.
💡 Despite initial volatility, ICP's recent price recovery reflects growing interest in its potential to power the next phase of the internet. At $13.15, it's up 131.1% in the past year.