Do you Know What is $ICP ? đ„
đ The Internet Computer is a revolutionary Layer-1 protocol developed by the DFINITY Foundation, aiming to transform the internet into a blockchain-powered network! đ This "Internet Computer" seeks to extend the public internetâs functionality by hosting backend software on a distributed, smart-contract-compatible network. đ»đ
đĄ ICP is the native utility token, used for several key functions:
đł Governance: ICP holders can stake their tokens in the Network Nervous System (NNS) to create "Neurons," vote on governance proposals, and earn rewards! đïž
âïž Network transactions: ICP tokens can be dissolved and converted into cycles, which power websites and apps on the network via canisters. đđ
The future of the internet is here! đâš
