Internet Computer Price
ICP
How Much is 1 Internet Computer (ICP)
Convert ICP to your currency
Last Updated on Jan 10, 2026 08:45 PM
What is Internet Computer?
About the coin
Internet Computer (IC) is a groundbreaking blockchain project developed by the DFINITY Foundation. It is designed to run at web speed with unrestrictive capacities, aiming to recreate the web by supporting smart contract development at scale. The project was founded in October 2016 by Dominic Williams and has raised $121 million from notable investors like Andreessen Horowitz and Polychain Capital. On May 10, 2021, DFINITY launched the Internet Computer into the public domain, marking a significant milestone as it allows the internet to function as a decentralized global computer.
Main features
Internet Computer aims to revolutionize the design of the crypto economy by overhauling traditional software services. It extends the public internet to serve as the world's computing platform in a decentralized manner. The project is marked by the release of all its source code into the public domain and the introduction of the ICP utility token, which enables community governance of the network.
How it works
ICP is the native token of the Internet Computer and serves three main purposes:
- Network Governance: Users participating in governance are rewarded with ICP.
- Production of Cycles for Compute: ICP can be converted into cycles, which are used as transaction fees to access the network. These cycles are burned after use.
- Rewarding Users: ICP incentivizes users to participate in the network, such as securing the network, by providing rewards.
Wallet for Internet Computer
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Tangem supports networks for Internet Computer
- Ethereum
- Internet Computer
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Internet Computer FAQ
- Internet Computer is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Key features include scalability, low fees, and fast processing. Internet Computer supports developers and users who need a flexible blockchain environment.
- ICP represents the same asset as Internet Computer. The ticker is simply a short label for trading and listing purposes.
- You can buy Internet Computer using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- Definition. Internet Computer (ICP) isa set of protocols that allow independent data centers around the world to band together and offer a decentralized alternative to the current centralized internet cloud providers.
How to secure Internet Computer with Tangem Wallet?
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Why choose Internet Computer wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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