Internet Computer (ICP)

The exchange rate of one ICP at 14:52 UTC is 12.86$

Chart | Average rate

The “Internet Computer” project appeared on the trading platforms in May of this year and immediately entered the TOP-10 of the CoinMarketCap rating, causing a stir in the crypto market. This happened due to the fact that this platform has a non-standard concept that allows everyone to create applications, websites and various digital services running on the blockchain.

In addition, this cryptosystem was created with the support of the “Dfinity Foundation” and venture investment funds “Andreessen Horowitz” and “Polychain Capital”, while the founder of ICP is the former CTO of “String Labs” Dominic Williams, according to whom , its platform is able to compete with such giants as Google, Facebook and Amazon.

Also, ICP aims to empower the public Internet with smart contracts to turn the global network into a single decentralized global computer with unlimited computing power without control from government agencies and other organizations.

At the same time, the developers of “Internet Computer” intend to develop the sphere of decentralized financing DeFi, which makes it possible for all participants in the ecosystem to take loans with fiat money secured by their own cryptocurrency, as well as engage in staking and farming to receive high interest from investing.

Among the main advantages of this blockchain network are:

- the ability for all users to create software on the Internet, which in the future will allow you to work directly with large corporations

- the entire infrastructure does not operate in any centralized cloud, but on dedicated equipment owned by independent participants and organizations

- the crypto network has unlimited scalability with instant transaction speed

Now the native currency ICP is in the TOP-30 of the CoinMarketCap list with a market capitalization of around $8 billion, and you can use various large crypto exchanges to buy or sell it, including Binance, ZB.COM, OKEx , WazirX, Gate.io, Coinlist Pro, KuCoin, Bitfinex, CEX.IO, Bitexen, Huobi Global, CoinEx, Bitbns, etc.

Summing up, it is important to note that so far these native tokens are only suitable for intraday trading due to relatively high volatility, as a result of which long-term investment in these coins may be unprofitable.