EXCAVO

Dfinity -ICP Internet Computer

EXCAVO Updated   
BINANCE:ICPUSDT   ICP / TetherUS
Internet Computer is a third-generation blockchain developed by Dfinity. One of the goals of which is the creation of a decentralized Internet. Internet Computer is based on the new programming language Motoko. It is open-source that supports advanced work with smart contracts and the creation of scalable, high-performance decentralized applications and services.

At the moment, the Dfinity team has more than 200 employees. There are a lot of famous personalities. ICP aims to create a "blockchain singularity" in which every system and service is rebuilt and reimagined using smart contracts and runs entirely on the public blockchain without the need for traditional IT. Project management is largely under the control of the Internet Computer community. In addition, Internet Computer will use its so-called chain key cryptography to integrate with Bitcoin, paving the way for smart contracts with native BTC addresses to be hosted on Internet Computer.


What is an ICP token?
The ICP token provides gas to the network and allows holders to vote on proposals that will shape the future of Internet Computer. Users create "voting neurons" that allow them to vote either manually or automatically by tuning their neurons to follow other neurons.
You can read more about neurons in the article.
www.dfinitycommunity...-nervous-system-nns/
Also, you can lock your ICPs for a period of 6 months to 8 years and receive profitability for participating in voting.

Back in 2018, people were given 28 ICPs for registering on Coinlist and verification, and 120 ICPs fell for testing the system. For three years people have been waiting for their drop, looking after their cars, thinking about the comfortable future that the ICP drop will bring them. The reality turned out to be not as colorful as dreams. Instead of hundreds of thousands of dollars, people received annual vesting for tokens, and the ICP price quickly rolled away from $500 to $50.


Projects on ICP:

Plug Wallet - the convenient wallet, a browser extension;
Stoic Wallet - another wallet for the ICP ecosystem;
Fleek - the product that includes hosting web resources and applications, cloud storage;
District - the fully decentralized, community-built professional social network;
DSCVR - the decentralized version of Reddit on ICP;
OpenChat - the decentralized messenger;
IC Drive - Decentralized Data Warehouse;
ICmoji Origins, Texas Holdem, Mission is Possible, Reversi - ICP games;
Enterot - NFT marketplace;
DFinance, ICPSwap - DeFi projects (swaps, farms, etc);

More projects here:
dfinity.org/showcase


ICPSquad:
twitter.com/ICPSquadNFT

In short - by having an NFT personage and performing any interactions within the ICP ecosystem, you get a chance to earn tokens and accessories for your personages. If you missed it - you can still take an avatar in pre-order. If you plan to dive into the ICP ecosystem - it will be much interesting with an avatar.
I don't see anything original in the ecosystem. Decentralized social networks and versions of the tools we're used to are good, but speculators can't make money here. We look forward to our pre-order avatars and the emergence of serious DeFi products. We plan to use ICP in all applications where it will be possible to obtain ICPSquad accessories.


ICP ranks 27th in terms of capitalization, with a cap around $7.61 billion.

Is it worth buying an ICP token now? I think this is a good idea for a small percentage of your deposit in the long run. Reasons for growth:

1) The chart since June represents accumulation in the range of $30-80. Blockchain hype can reach the Internet Computer sooner or later, and we will see a good way out of accumulation.
2) Fork Badlands - BDL tokens will be issued to ICP holders.
3) Launch of smart contracts on the bitcoin network.


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EXCAVO
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