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Tuesday

22 June 2021

Dfinity’s ICP Falls Another 10% - Decrypt

Dfinity’s ICP Falls Another 10% - Decrypt


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This could be down to intense competition: Dfinity is competing with long-established blockchains that offer smart contracts and decentralized applications, like Cardano and Ethereum. .

Dfinity hopes its platform will eventually host decentralized alternatives to killer web apps like Facebook, eBay and TikTok. 

The ICP token provides gas for the Dfinity network and enables holders to vote on proposals for the future of the Internet Computer

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