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Internet ComputerICP
Projects

Internet ComputerICP

Blockchains (L1)

Overview

What is Internet Computer?
The Internet Computer is a decentralized cloud blockchain, where apps can be built fully onchain, using AI, or by coding. Try caffeine.ai & icp.ninja.
How does Internet Computer work?
Node operators process transactions and receive token incentives. These independently owned high-spec node machines around the world are connected via Internet Computer Protocol (ICP), creating a self-sovereign network not reliant on any cloud services. Advanced cryptography allows any application or service to be run on the network in a decentralized manner via smart contracts.
Who governs Internet Computer?
ICP tokenholders own and govern the protocol. They currently take (burn) all of the total transaction fees paid by users (revenue). ICP Holders can stake their ICP on the Network Nervous System (NNS), an advanced fully on-chain DAO that facilitates liquid democracy. Staking ICP allows users to submit proposals, vote on proposals, and earn rewards for their participation in governance. Internet Computer's investors include Polychain, Scalar Capital, Amino Capital, etc.
RevenueInternet Computer's share of the transaction fees and cycle purchases$100Connects Validators & UsersSupply-side feesValidators' share of the transaction fees and cycle purchases$0ValidatorsFeesTransaction fees and cycle purchases paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.