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Internet Computer (IC) is the world’s first blockchain that is capable of running at web speed at unrestrictive capacities. Built by the DFINITY Foundation, IC aims to recreate the web by supporting smart contract development at scale and changing the way people can interact using web services. Internet Computer aims to extend the public internet, so that it can be the world’s computing platform, in a decentralized manner. Internet Computer sets to revolutionalize the design of the crypto economy, with an aim to overhaul traditional software services. 

The project was founded in October 2016 by Dominic WIllams and have raised a total of $121 million from investors such as Adreessen Horowitz, Polychain Capital, Multicoin Capital and such. On May 10, 2021, DFINITY launched the Internet Computer into the public domain, marking it a major milestone for ICP as it means the internet now functions as a decentralised global computer. This is marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token that allows tens of thousands of community members to govern the Internet Computer network.

ICP is Internet Computer's native token. It plays three prominent roles:

1. Network Governance: Users that participate in the governance will be rewarded with ICPI
2. Production of Cycles for Compute: ICP can be converted into cycles where it is used as the transaction fee to access the network. Cycles are burned after used.
3. Rewarding Users: ICP is used as the rewards to incentivize users to participate in the network such as securing the network.

Internet Computer

Crypto Price Analysis 11-20 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, INTERNET COMPUTER: ICP, DOGWIFHAT: WIF

Crypto wrap: Cardano climbs while FLR, INJ, and ICP ride Bitcoin's momentum

Crypto Price Analysis 11-8 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, CHAINLINK: LINK, DOGWIFHAT: WIF, INTERNET COMPUTER: ICP

Internet Computer Network Sees 13x Growth Driven by Bitcoin DeFi, But ICP Price Lags Behind

Internet Computer cross-chain protocol usage up 13x amid Bitcoin DeFi boom

Crypto price today: HNT, ICP, and BTC performance amid rising market greed

Internet Computer (ICP) Bulls Aim to Break Free from Stagnation as Market Holds Its Breath

MEW, ICP and TIA lead top gainers as bitcoin rally pauses

CoinDesk 20 Performance Update: LINK and ICP Gain 3.8% as Index Trades Higher From Thursday

Internet Computer Price Prediction 2024 – 2030: Will ICP Reach $15

CoinDesk 20 Performance Update: ICP Drops 3.5% as Index Inches Lower From Monday

AI Cryptos Spike as Broader Market Stays Flat, Sector Nears $30B Milestone

AI tokens lose $4.69B market cap in 3 days — When ‘UPtober?'

Internet Computer Token (ICP) Gains 16% Amid Surge in Network Engagement

Bittensor's TAO Flips ICP to Become Second Largest AI Coin Amid Market Shift

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