Tag: Internet Computer (ICP) News

The Internet Computer (ICP) is a open blockchain-based network that enables data storage and applications through smart contracts.

Dominic Williams founded this project in October 2016. It raised $121 million from various investors, including Andreessen Horowitz, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, Polychain Capital, SV Angel, and Multicoin Capital.

The low cost of NFT transactions on the Internet will simplify and protect intellectual property ownership, as Internet Computer subnets lack Proof-of-Stake or Proof-of-Work consensus techniques.

ICP is the native coin of the Internet Computer network. The future price of Internet Computer coins depends on supply and demand, with limited supply and high demand potentially leading to price rises and decreased demand. To know what’s happening in the Internet Computer ecosystem read from CryptoTale.

For the latest updates on Internet Computer, read from CryptoTale.