ICP Coin,or Internet Computer Protocol,made its debut in May 2021 as a groundbreaking project by teh DFINITY Foundation. It aimed to expand the capabilities of the internet by allowing developers to create and host software that runs directly on the internet, as opposed to customary cloud services. The launch was marked by significant anticipation, following years of development and research, which sparked a notable amount of interest in the crypto community. Investors and enthusiasts alike were drawn to its potential to disrupt existing paradigms by fostering a decentralized approach to online applications.
The cryptocurrency was introduced through an Initial Coin Offering (ICO), culminating in the distribution of millions of tokens. A few key milestones leading up to its launch include:
- 2016: Concept inception and formation of DFINITY’s team
- 2018: Launch of a testnet, gathering early developer feedback
- 2020: Transition to a full-scale launch, creating buzz in the blockchain sector
the project combined technological innovation with robust fundraising efforts, making it one of the most-talked-about cryptocurrencies of its time. The implications of ICP Coin extend beyond mere financial investment, as it symbolized a shift towards a more open and collaborative internet.
