Launched in May 2021, the journey of ICP Coin began with the vision of transforming the internet into a decentralized network. Developed by DFINITY, a non-profit institution founded by Dominic Williams, the creation of this innovative cryptocurrency was a bold step into the future of blockchain technology. The project aimed to extend the functionality of the internet with smart contracts and decentralized applications,ultimately changing how we interact online.
The development phase of ICP Coin was marked by key milestones, including extensive research and technical advancement. to understand its ancient context, consider the following timeline of critical events leading up to its launch:
- 2016: DFINITY Foundation is established
- 2018: The first public proclamation of DFINITY and its enterprising goals
- 2020: Series of successful funding rounds, raising over $120 million
- march 2021: Final testnets launched, showcasing scalability and security features
- May 10, 2021: Official launch of ICP Coin and the Internet Computer protocol
