What is internet computer (ICP)?

About Internet Computer Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network. The network aims to help developers create websites, enterprise IT systems, internet services, and DeFi applications by "installing their code directly on the public Internet."

What is Dfinity's ICP token?

Dfinity’s project, years in the works, uses the ICP token to help operate a decentralized layer of web infrastructure that believers say will liberate users from reliance on tech giants like Amazon and Google. ( It’s complicated .)

What is an ICP utility token?

What is an ICP utility token? The ICP utility token (formerly known as “DFN”) is the primary mechanism that allows the broader internet community to participate in the governance of the Internet Computer network.

Is ICP (ICP) a good investment in 2021?

ICP made a huge splash when it launched in May 2021, hitting an all-time high of $750 and ascending to fourth in crypto market cap rankings, which generated further interest from speculators and traders. However, as seen on the ICP chart on CoinMarketCap, ICP price has suffered from huge selling pressure and a drawdown of almost 98% from its ATH.