Founded in October 2016, Internet Computer (ICP) is a utility token that enables its holders to participate in the Internet Computer blockchain network. The token has seen increasing popularity since its launch given the networks broad potential. Ultimately, the project aims to aid developers by offering a decentralised public network that can be used to create websites, enterprise IT systems, DeFi applications and other web-based services.
Internet Computer tokens are primarily used for network transactions and protocol governance. The cryptocurrency was created by its founder, the Dfinity Foundation, and is funded by respected venture capital firms Polychain Capital and Andreesen Horowitz.
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