Why buy Internet Computer Protocol (ICP)?
One key reason to consider buying Internet Computer (ICP) is its potential to revolutionize the Internet’s efficiency. The project’s ambitious mission is to leverage blockchain technology to address the World Wide Web’s shortcomings, such as service monopolization and personal data misuse. By buying ICP, you’re supporting a project that could significantly improve the internet as we know it.
Imagine being able to create your own decentralized applications (dapp) quickly and intuitively. This is the power that the Internet Computer Protocol gives you. With a growing user base and a monetary value circulating on the network of around 22 million dollars, you’re not just buying a token, you’re gaining access to a platform that empowers you to create and innovate.
Finally, the governance aspect of ICP makes it an attractive purchase. As the governance token of the ecosystem, ICP holders have a say in the protocol’s future decisions. This role as a key governance token could increase the value of ICP over time.
How ICP was born
Internet Computer Protocol calls itself the ‘global computer’ as it connects a network of dedicated devices that, in effect, constitute a decentralised ecosystem. It is a Layer 1 blockchain designed for novice users that, thanks to its decentralised data storage mechanism, aims to replace Web2 infrastructures.
DFINITY developed this network starting in 2016 and began raising funds through a public Initial Coin Offering (ICO) in February 2017. Then, in 2018, venture capital arrived, including two giants, Andreessen Horowitz and Polychain Capital, which injected more than $150 million into the project.
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