The Internet Computer Ecosystem is Growing and Becoming More Decentralized

The Internet Computer (ICP) community has pledged nearly $80 million worth of tokens to support decentralization and developments in the ecosystem. These steps are causing a rise in the price of ICP. Decentralization Led by DFINITY Foundation According to the 2023 report published by the DFINITY Foundation, the community utilized 6.5 million ICP tokens to decentralize. These pledges are supporting the transformation of centralized autonomous organizations (DAOs) through the Internet Computer’s Service Nervous System (SNS) framework. DFINITY officials highlight the success of the SNS framework, describing it as a significant achievement for achieving decentralized governance worldwide. Some projects and decentralized applications (dapps) in the ecosystem are receiving funding within this framework. Increasing Internet Computer Usage and New Investments The report indicates significant growth of Blockchain games based on the Internet Computer, offering low transaction fees and high scalability. The DFINITY Foundation distributed grants to 239 projects in 41 countries in […]

The Internet Computer Ecosystem is Growing and Becoming More Decentralized

The Internet Computer (ICP) community has pledged nearly $80 million worth of tokens to support decentralization and developments in the ecosystem. These steps are causing a rise in the price of ICP.

Decentralization Led by DFINITY Foundation

According to the 2023 report published by the DFINITY Foundation, the community utilized 6.5 million ICP tokens to decentralize. These pledges are supporting the transformation of centralized autonomous organizations (DAOs) through the Internet Computer’s Service Nervous System (SNS) framework.

DFINITY officials highlight the success of the SNS framework, describing it as a significant achievement for achieving decentralized governance worldwide. Some projects and decentralized applications (dapps) in the ecosystem are receiving funding within this framework.

Increasing Internet Computer Usage and New Investments

The report indicates significant growth of Blockchain games based on the Internet Computer, offering low transaction fees and high scalability. The DFINITY Foundation distributed grants to 239 projects in 41 countries in 2023, indicating continuous growth in the ecosystem.

The report also notes a 24% increase in the total value of locked assets, reaching $27 million. Dominic Williams emphasizes the platform’s commitment to integrating artificial intelligence, leading to ICP reaching its highest price level in the last two years due to AI integration.

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