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ICP

Internet Computer  

#ICP

ICP Price:
$6.16
Volume:
$39.9 M
All Time High:
$495
Market Cap:
$1.6 B


Circulating Supply:
262,244,028
Exchanges:
39
Total Supply:
471,245,633
Markets:
71
Max Supply:
471,266,671
Pairs:
15



  ICP PRICE


The price of #ICP today is $6.16 USD.

The lowest ICP price for this period was $0, the highest was $6.16, and the exact current price of one ICP crypto coin is $6.15759.

The all-time high ICP coin price was $495.

Use our custom price calculator to see the hypothetical price of ICP with market cap of ETH or other crypto coins.


  ICP OVERVIEW


The code for Internet Computer is #ICP.

Internet Computer is 1.4 years old.


  ICP MARKET CAP


The current market capitalization for Internet Computer is $1,614,790,201.

Internet Computer is ranking downwards to #36 out of all coins, by market cap (and other factors).


  ICP VOLUME


The trading volume is large today for #ICP.

Today's 24-hour trading volume across all exchanges for Internet Computer is $39,901,280.


  ICP SUPPLY


The circulating supply of ICP is 262,244,028 coins, which is 56% of the maximum coin supply.


  ICP EXCHANGES


ICP is available on several crypto currency exchanges.

View #ICP trading pairs and crypto exchanges that currently support #ICP purchase.


  ICP RESOURCES


Websitedfinity.org
Whitepapersdk.dfinity.org/docs/interface-spec/index.html
Twitterdfinity
Redditr/dfinity
Telegramdfinity
Mediumdfinity-network-blog


  ICP DEVELOPER NEWS



Internet Computer Updates: Direct HTTPS Outcalls, Uniswap Frontend Demo, SEO Support for Dapps

A digest of the latest developments within the Internet Computer ecosystem and ICP community.. — — Get these updates straight to your inbox by subscribing here.. — — ICP Ecosystem - Review the latest DFINITY Global R&D meeting to get updates on IC metrics, SEO support for dapps, inter-canister query calls, and threshold ECDSA, as well as see a demo for a decentralized Uniswap frontend running on the IC and a gaming presentation from Apocalypse Studios — and much more! 👇, medium.com The direct HTTPS outcalls from canister smart contracts feature is being rolled out on the IC!, DFINITY founder and chief scientist Dominic Williams at TOKEN2049 in Singapore this week., Watch Dominic Williams’s keynote at the earlier @WXblockchain event in Shanghai., Check out this Internet Computer NNS metrics summary., Introducing the Governance Technical Working Group, a more hands-on role in the NNS — learn more and participate!, Wasmtime reaches 1.0., Stoic wallet has integrated DAB!, @daviddalbusco shared a new library that generates markdown documentation from TypeScript source code., A thread regarding ads for web3 websites by @HoumanShadab., Episode 4 of Let’s Talk ICP podcast, featuring @HoumanShadab., Episode 29 of Neurotic Podcast., All about Infinity Wallet in this article from @infinity_swap., Check out this thread for Plug Wallet in Q4., This article discussing the benefits of the transaction speed of the Internet Computer., Introducing the Internet Computer Learning Experience by @NnsDaos., Issue 22 of Infinity Weekly., Take a look at this Toniq Mint demo!, Catch up with this AMA interview with MODCLUB., Find ICPlained on Instagram!, Check out this Twitter discussion on voting rewards., More about the ICPxy NFT staking platform in this thread from @EntrepotApp., — ICP NFTs - — Updates. — Cubetopia has a date for their island mint, October 7 on Entrepot., Baby Apes have arrived for IC Ape holders and top DSCVR users. Current floor is 1.35., Orblings Loyalty Emblems were dropped to launch day mint holders., Brand new gaming mode, new 3D playable character from major NFT collection and more coming to Plethora this week., Quadruple Gold ICP Flower preview from Ludo., Another amazing ICP Flower preview from Ludo, this with an IC background., Volume II of the D-City Soundtrack has been added to Spotify., Both CYMAN and IC Prime8s are moving their Discord servers over to The Swop., Pxy staking went live Sept 24! Another milestone achieved. Checkout the website., Dinos have added new categories to their NFT canister. Stats, Tokens and Other. Also, website update with more rarity info., Unfold VR Creator Gloves metaverse preview from their VR app., Kontribute’s new UI has launched and they are giving away 100’s of NFTs to new users., Poked Studio teases 1:1 Pixel Edition NFTs with some merchandising rights., — Getting to know you. — Catalyze interview with Jonathan Ball of Poked Studio., — Recently Minted. — AlphaDfinity is minting on Yumi., Pattern Surface, HELLION, Robot Scientists, IC Flowers & MechaFailed are minting on Entrepot., BioMorph sold out on Entrepot., WOA is minting on Yumi launchpad., IC Bunny 3D Eggs and tools.icp are taking pledges on CrowdFund NFT., MechaFailed are minting on Entrepot., Baby Apes airdrop and listing on Entrepot., Robot Scientists are minting on Entrepot., BioMorph are minting on Entrepot., Alpha Dfinity are minting on Yumi., Duo ICells and Pxys are minting on Entrepot., ABikes and Duo ICells are minting on Entrepot and Psychadelics IC is minting on MemeCake., — Upcoming Mints. — Sept 29 — PAW Animals DSCVR airdrop., Sept 30 — ACrystal is minting on Entrepot, Goated Gamer DAO airdrop and Crypto Pengz airdrop., Oct 1 — Pxys and iistronauts on Entrepot., Oct 2 — Tyrant Turtles on Entrepot., — Open Governance Proposals - Proposal for Reducing Dissolve Delay, — Recent Governance Proposals - Named Neuron Proposal: John Wiegley (take two)., Synapse.vote (formerly ICP Maximalist Network) — a Proposal to Rename Known Neuron., ____ — Start building at internetcomputer.org and join the developer community at forum.dfinity.org.. — Internet Computer Updates: Direct HTTPS Outcalls, Uniswap Frontend Demo, SEO Support for Dapps was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




Beyond Oracles: Direct HTTPS Outcalls From Canister Smart Contracts on the Internet Computer

Internet Computer canisters can now directly make HTTPS outcalls to any data source without using oracles.. — Blockchains generally provide smart contracts with access to external data via oracles. Though oracles can be based on a variety of architectures, in each case the oracle provides data as an external party, which requires additional trust assumptions, complicates the programming model, increases operational costs, and adds complexity. An HTTPS outcall mechanism for smart contracts enables a wide range of applications — for example, oracle services directly integrated into the Internet Computer in a trustless manner, user notifications, and anything else that requires communication with servers on the internet. Enabling canister smart contracts to make HTTPS outcalls is a key element of a larger R&D focus on general integrations for the Internet Computer. The ICP community overwhelmingly adopted an NNS design proposal for this feature in February. It is now available on mainnet, with detailed documentation. (See below to learn more about a related sample dapp.) Until now, the limitation that canister smart contracts could only speak with other services that are built on the IC has prevented the development of canisters that can be deployed for several important use cases. These include: Getting real-time exchange rates for cryptocurrencies to build DeFi applications, querying weather data for decentralized insurance services, as well as accessing things like sports scores, voting results, stock prices, and the wealth of data that Web2 services have to offer., Sending push notifications and email via traditional communications channels., Integrating with other blockchains by communicating with multiple corresponding HTTP-based cloud nodes., Blockchains often rely on oracles where an off-chain authority reads from a specific external data source and writes data to a special smart contract for that data source. Developers are then able to write their own smart contracts that interact with the data source by using the oracle smart contract as a proxy. This approach has a few downsides: Because it typically lives off-chain, the authority responsible for populating the smart contract is another entity that must be trusted., It’s also another entity that could possibly fail, even without any maliciousness on the operator’s part., Furthermore, off-chain setup is probably too costly for use cases that aren’t widely needed., We’ve taken a different approach to solving this problem on the IC. From the perspective of the API that is exposed, this essentially involves allowing canisters to directly make HTTPS outcalls to any external HTTP-based data source. This feature covers a primary subset of functionalities that are typically provided by oracle services, but it does so in a trustless manner, i.e., without enabling further parties like oracles that require further trust assumptions to be introduced into the overall trust model. The code snippet shown in the above slide shows how easy it is, but what’s happening behind the scenes is a bit more complicated. When the outcall is made, it is actually placed in the subnet’s replicated state. Once a replica sees the call in the replicated state, it makes the call that the canister made to the external data source. This applies to all replicas. The replicas of the IC each need to make the same call and obtain consensus over the result. Once the replicas are able to reach consensus on what the response to the request was, they include it as a special type of payload in an IC block. Finally, once this block is finalized, it is passed on to the execution layer, which will deliver the HTTP response to the canister that made the HTTP request. The canister can now safely use the HTTP response to change its state, without risking divergence across replicas. In order to be able to reach consensus on what the response was, it may be necessary that the canister expose a transformation function that normalizes the responses received by the different replicas by removing parts that may be different in the different responses, e.g., timestamps or per-response identifiers. Having to provide a transformation function is a difference in the programming model when compared to how you make an HTTP request in a Web2 application. To demonstrate this feature in action, we built an exchange-rate sample dapp, the canister of which makes direct HTTP calls to an off-chain service directly from the Internet Computer (the preceding link directs you to the relevant piece of code making the HTTP call). This sample dapp pulls the ICP-to-USDC exchange rate from a Coinbase API directly, without middleman infrastructure — which is just one example of a vast array of data sources that can be called using this feature. You can review the code of the deployed sample dapp and related documentation by clicking below: Source code, internetcomputer.org/docs/current/samples/http-requests-exchange-rates, The source code is open-sourced on GitHub under the DFINITY examples repository. We eagerly look forward to seeing how the delivery of this feature accelerates Web3 innovation on the Internet Computer. ____ — Start building at internetcomputer.org and join the developer community at forum.dfinity.org.. — Beyond Oracles: Direct HTTPS Outcalls From Canister Smart Contracts on the Internet Computer was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




Stablecoins: Everything You Need to Know

An introduction to the variety of stablecoins in DeFi from the InfinitySwap team.. — As the Internet Computer gains in popularity and more applications are being deployed on more canisters, the way is being paved for decentralized finance, or DeFi, to take off. DeFi is a general term referring to different applications that are built to facilitate the trading, swapping, lending, and borrowing of financial assets such as bitcoin (BTC), ether (ETH), and the ICP utility token. An important question yet to be answered is: What will be the stablecoin of choice on the Internet Computer? Given the recent issues around Tether and the collapse of the Terra stablecoin UST, it’s essential to familiarize ourselves with the various types of stablecoins and what differentiates them. Not all stablecoins are built the same — major categories of stablecoins include centralized, decentralized, collateralized, overcollateralized, and undercollateralized. Additionally, stablecoins can vary in what collateralizes them. Stablecoins are a vital part of DeFi, almost taking up as much market cap as all of Ethereum. Once DeFi starts to grow on the IC, it becomes important to decide which stablecoin you will hold and transact with and what stablecoins developers will build their platforms around. With this in mind, let’s review some fundamentals and discuss the different types of stablecoins. — What is collateralization? - Collateralization refers to the ‘backing’ a stablecoin has. For example, if a party holds $100 in cash in their bank account, then issues 100 stablecoins and allows you to claim that stablecoin for one real dollar, that stablecoin is collateralized by fiat dollars. This gives it a collateralization ratio of 100%, meaning it’s backed 100% by the fiat dollars in the party’s bank account. Suppose the party issues 100 stablecoins with $150 in its bank, which gives it a collateralization ratio of 150%. Likewise, if that party holds only $80, the ratio would be 80%. Higher collateralization ratios are safer because, in times of high volatility or when many people redeem their stablecoins for other assets, higher ratios mean there is enough cash to keep up with redemptions. In the above situation where 100 stablecoins were issued against $80, if 80 stablecoins are redeemed, the other 20 become worthless as nothing is backing their value. Understanding collateralization ratios, we can discuss the types of collateral used to back stablecoins. — What is a peg? - A peg in the context of stablecoins refers to the stablecoin retaining the value it’s supposed to stay at. For USD stablecoins, the peg is at $1.00. “To maintain peg” means for the price of that stablecoin to remain at $1. When a stablecoin “depegs,” it means that the coin is trading away from its pegged value. This is often to the downside, such as a USD-pegged stablecoin trading at $0.90. The tighter the range of a stablecoin can stay to its peg, the more stable and trustworthy it is considered, but this may not always be the case. While the most common stablecoin peg is $1, it is possible for stablecoins to be pegged to other values. For example, Circle is soon releasing a stablecoin pegged to the Euro, and Tether plans to release a stablecoin pegged to the British Pound. — Fiat-backed stablecoins - Fiat-backed stablecoins refer to ones where the issuer of the stablecoin has cash or cash equivalents backing their stablecoin. The prime examples are USDT and USDC, issued by the companies Tether and Circle. Both companies have cash backing their stablecoins and only issue new stablecoins when they have new cash to do so. Instead of cash directly, they may also hold cash equivalents. This means they may invest their idle cash into safe assets such as government bonds or treasuries or loan it out to generate interest. This allows the company to profit, issue new stablecoins backed by the earned interest, or both. However, this may also be a risk; in the rare cases that their investments are less safe than expected, they may experience a loss of capital. These investments may also be less liquid than cash, meaning in the event of mass redemptions, they may not be able to cash in their investments quickly enough to keep up with demand. The reason that these companies choose to invest this capital is to increase capital efficiency. Capital efficiency refers to how much usage the same piece dollar value of capital is getting. For example, suppose a dollar is both earning yield in a government-issued bond and is also a stablecoin being used by an individual. In that case, that dollar serves a dual purpose and is said to be more capital efficient than a dollar sitting in a bank account. It is also possible that the companies may issue stablecoins that aren’t backed. Because fiat-backed stablecoins are typically held by centralized institutions such as Circle and Tether, their reserves are not transparent on any blockchain. This is why they may choose regular audits or attestations to their reserves. This increases trust and ensures that the stablecoin will retain its peg at $1. While Circle has performed annual audits and regular attestations, Tether has been less transparent, which has led to recent depegging incidents. While nobody can say for certain what Tether’s risk profile is, it shows that all stablecoins are not equal, and research should be done before holding assets in a given stablecoin. These stablecoins tend to be the most reliably pegged to $1 because the companies that issue them tend to have the best ability to convert the stablecoin back to a dollar and vice versa. For example, on Coinbase, users can convert USDC to USD at no cost, giving anyone a way to match the stated $1 price easily. Because of this, they are often the first stablecoins to be introduced into a DeFi environment. Historically speaking, it’s most likely that the first stablecoins introduced into the IC’s DeFi space will be USDC, USDT, or both. — Crypto-backed stablecoins - Rather than fiat currencies, stablecoins can also be backed by crypto assets, such as BTC, ETH, ICP, and others. Such stablecoins are typically overcollateralized to account for the volatilities the underlying assets experience. Whereas fiat-backed stablecoins are usually 100% backed, it’s not uncommon for crypto-backed stablecoins to be backed with $1.30 to $1.50 or even $2.00 in crypto assets for each $1 in stablecoins issued. This higher collateralization ratio makes the stablecoin more trustworthy, which is necessary given the extreme fluctuations that backing cryptocurrencies may experience. Crypto-backed stables can usually be minted by anyone who locks up permitted crypto assets as collateral. In exchange for locking the collateral, they may borrow stablecoins so long as the value of their collateral is a certain amount above their borrowed amount. Should the value of their assets fall below this cutoff, their collateral is sold off to protect the issuer of the stablecoin. Some examples of a crypto-backed stablecoin are DAI, issued by Maker DAO, MAI, issued by QiDao, or MIM, issued by Abracadabra. All these applications allow you to “mint” or create their stablecoin by locking up collateral with them and taking out a loan of their respective stablecoins. Maker DAO, for example, will let you borrow $700 DAI for every 1 ETH locked, valued at $1,333 at the time of publication. This is a collateral ratio of around 170%. — Algorithmic stablecoins, the forbidden fruit - Algorithmic stablecoins are typically undercollateralized, some having no collateral at all. This means that the peg is entirely based on trust, as the stablecoin cannot be redeemed for $1 worth of assets at any time. It is worth noting that there has never been an uncollateralized or algorithmic stablecoin that has stood the test of time. This is partially because uncollateralized stablecoins that go off peg for any reason can quickly spiral to zero, as a depegging event for uncollateralized stablecoins can result in positive feedback loops that result in price continuously falling. This is what happened to the widely known Terra UST. Once it went off peg, many people tried to swap from UST to a more trusted stablecoin, resulting in the price for UST falling even further from its intended peg. The most widespread undercollateralized stablecoin is currently FRAX. However, FRAX is only very slightly undercollateralized, with a collateralization ratio of 97%. This means every FRAX is backed by $0.97 of assets, making it exponentially safer compared to stablecoins with no collateralization like the now-worthless UST. Though it still is not as safe from depegging as centralized, fiat-backed stablecoins such as USDC. — Centralized vs. decentralized stablecoins - Stablecoins collateralized by fiat are typically centralized, as it takes a centralized party (i.e., a company or controlling entity) to hold the fiat in a bank account. It’s not possible to hold parties off-chain accountable enough to hold their own fiat to mint a stablecoin. On the other hand, crypto-backed stablecoins can be either centralized or decentralized. A company or DAO can buy crypto assets and issue stablecoins against those assets, or in the case of the aforementioned Maker DAO, QiDao, and Abracadabra, allow anyone to mint stablecoins against their crypto collaterals. Both types hold different risks. Centralized stablecoins can experience regulatory risks. For example, if the local government suddenly freezes the bank account of Circle, then many people would shuffle to sell off their USDC, leading to a depegging event. As mentioned before, another risk would be if the company’s cash reserves were insufficient relative to their stablecoins issued. If Tether issues 50 billion USDT but only has 40 billion U.S. dollars backing it, once this came to light, their stablecoin would likely depeg as well. This is why audits and attestations are important for fiat-backed stablecoin issuers. One more risk to the holder of these stablecoins is getting their stablecoins personally frozen. USDT and USDC, being centralized, reserve the right to freeze USDC balances at any time. Though this is very rare, and they are unlikely to target specific individuals randomly, should they be forced by the government or find a reason to, they will be allowed to target an individual’s wallet and freeze their stablecoin balance. Decentralized stablecoins have a different risk profile than centralized ones. Decentralized stablecoins have a much higher risk of depegging because no centralized organization exists to intervene within the otherwise free market. Decentralized stablecoins are also much more likely to suffer irrecoverable hacks because the crypto assets are stored on-chain, and therefore can be stolen if security vulnerabilities exist. Furthermore, decentralized stablecoins need liquidity to be able to swap between assets. At the very least, a stablecoin should be able to be swapped for another more popular stablecoin if it cannot be swapped to assets directly. Should no parties be willing to facilitate this trade, for example, DAI to USDC, the stablecoin is essentially useless. This is because a stablecoin is only as valuable as the assets it can be exchanged for, similar to all currencies. — Closing thoughts - It may even be possible for the Internet Computer to create its own native stablecoin. This could be done as a decentralized, crypto-backed stablecoin, potentially allowing ICP to be collateralized along with other crypto assets. While this hypothetical stablecoin would still retain the same risks as other stablecoins in the same basket, native stablecoins tend to get enthusiastic support from their communities. ICP tokens would be taken out of circulation to back the stablecoin. In short, there are many things to consider when thinking about stablecoin options. As the Internet Computer gets more DeFi applications, developers and users will have to choose which stablecoins they are willing to accept the risks of. The stablecoins that users will exchange value in, lend out, and borrow all carry different risk profiles, which need to be accounted for when dealing in DeFi. The landscape for DeFi on the Internet Computer is still very new, and no particular stablecoin holds dominance. As more applications require stablecoins, they will choose whichever they prefer. This means that we as users are responsible for communicating with developers about the stablecoins we want to use in order for their applications to support them. Be sure to talk to your favorite developers about which stablecoins you would like to see used on their platform! — Connect with InfinitySwap - Twitter | Website | Telegram | Discord | Github Stablecoins: Everything You Need to Know was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




Considerations for NFT Developers on the Internet Computer

Technical notes to guide developers who are implementing NFTs on the Internet Computer blockchain.. — By Dominic Wörner, Developer Relations Engineer | DFINITY An NFT, or non-fungible token, is a record on a blockchain that is associated with a particular digital or physical asset. The unique digital representation on a blockchain allows NFTs to prove ownership as well as be traded. — NFTs on the Internet Computer​ - The Internet Computer blockchain (IC) brings a lot of potential for NFTs. For digital assets like images, sound clips, or videos, the entire asset can live on-chain and can be included in on-chain games or metaverse experiences. Furthermore, we can imagine dynamic NFTs that change based on IC-internal and external data via HTTPS outcalls. For many applications, the defining characteristic is their permanence and immutability (or evolution according to predefined rules). Some of the design decisions of the IC, such as the reverse-gas model and the upgradability of canister smart contracts, require the NFT developer to be particularly aware. An NFT implementation on the IC typically has the following three functions: A registry that tracks ownership and allows transfers., A ledger or transaction history., The actual asset (in the case of digital assets)., Depending on the architecture, all of these functions may be in one canister or spread across multiple canisters, right up to an asset canister per individual NFT. Each of these canisters must not run out of cycles, and should be protected against arbitrary code changes. In the following sections, we discuss some of the mechanisms, tools, and ideas that support NFT developers and their users to achieve these goals. — The Basics​ - — Top up all canisters very generously​. — Make sure that all canisters have enough cycles to sustain a few years to begin with. Storage and computation on the IC are magnitudes less expensive than on other platforms, so this is typically not a huge investment. To make it easy for others to top up the canisters, you should consider adding the blackhole canister or some other immutable proxy canister as a controller to the NFT canisters. This allows users to use the Tip Jar service to top up the canisters. — Set a generous freezing threshold​. — The IC has a useful mechanism to save your canister from running out of cycles. Canisters have a configurable freezing_threshold. The freezing_threshold can be set by the controller of a canister and is given in seconds. The IC dynamically evaluates this as a threshold value in cycles. The value is such that the canister will be able to pay for its idle resources for at least the time given in freezing_threshold. To guarantee that, the canister is frozen when the cycle balance reaches the threshold, and all update calls, including the heartbeat, are immediately rejected and won’t affect the canister’s cycle balance. The default value is approximately 30 days, but for NFTs, developers should set the freezing_threshold to at least 90 days, preferably 180 days. This makes sure that NFT developers and their users have enough time to react and top up the canisters before they finally run out of cycles. — Make sure your canisters can be monitored​. — On the IC, the cycle balance of a canister is only visible to controllers. Since an NFT (collection) might outlive its creator, you should plan for monitoring by third parties. You can do this via implementing a simple query method as included in the DIP721 and EXT standards. Again, adding the blackhole canister as a controller is a good practice in this regard, since it can act as a proxy to fetch the canister_status. You can also use a more complete monitoring solution like Canistergeek. Recently, the team behind Canistergeek added a new feature to their NFTgeek product that allows observing the cycles balance of popular NFT collections. — Follow best practices for efficient implementations​. — There are a few foot guns that could make your canister more expensive than you’d expect. Here are a few examples that you might encounter when implementing NFT canisters. Use of the heartbeat: A plain heartbeat without doing anything will cost ~0.055 T cycles/day. There are discussions about implementing alternatives that allow for cheaper scheduling., Some advice for Motoko developers: Use TrieMap instead of HashMap to avoid the performance cliff of automatic resizing associated with HashMaps., Use Buffer instead of Array if you need to dynamically resize the structure, Use Blob instead of [Nat8] for storing large binary assets, Consider using Blob instead of [Nat8] when sending or receiving Candid vec nat8/blob values. The choice is yours but Blobs are 4x more compact and much less taxing on garbage collection (GC)., Consider storing large Blobs in stable memory, to reduce pressure on the GC even further, especially when the manual memory management of that Blob is simple (e.g. they are only added, never deleted)., Consider using the compacting-gc setting, especially in append-only scenarios, to allow access to larger heaps and reduce the cost of copying large, stationary objects., Some advice for Rust developers: Be careful with extensive use of Vec<u8> and hence the String type if you need to (de-)serialize state for upgrades., Read Roman’s blog post on effective Rust canisters, Another must-read is the general article on good practices for canister development by Joachim Breitner. To make sure you won’t get surprised by a high cycle burn rate or hitting an instruction limit, you can use the recently added performance counter API to profile your canisters even before going live. Furthermore, a list of all costs on the IC can be found here. — Implement mechanisms to backup and restore state​ - The IC itself does not yet support backup and restoration of the canister state, but it can be implemented in the canister itself. Regular backups are insurance against the worst-case scenario that a canister gets deallocated or there are issues with upgrading a canister. This forum post describes the approach that the Web3 social network Distrikt is using. — Consider using a dedicated service for storing the transaction history​ - There are dedicated services on the IC to keep an audit log of transactions, such as CAP, which can be used by an NFT collection as a service. This allows simple integration of the provenance history in explorers and wallets. Furthermore, the state of ownership could be reconstructed in case the main NFT canister gets lost. However, some drawbacks have to be considered, e.g., NFT transfers incur additional costs due to the necessary inter-canister calls. — Advanced Topics​ - — Think about governance​. — The value proposition of most NFTs is their permanence and immutability, e.g., by setting the blackhole canister as the only controller. As long as NFT canisters have their developers as controllers, users depend on the trustworthiness (and operational security) of the developers. Developers should therefore make the canisters immutable or manage the canisters with a DAO. A middle ground are mechanisms like Launchtrail that make changes to a canister auditable. Blackholing a canister has its issues as well. If there are bugs in the canister code or you’re using experimental system APIs that might get deprecated later on, the canister might stop functioning. More information on this topic can be found in the Trust in Canisters article. — Think about economic sustainability​. — Ideally, your canisters implement mechanisms to generate fees that the canisters can use to pay for their existence indefinitely. A simple approach is to utilize (parts of) the transfer fee to fuel the canisters, but more elaborate schemes could involve staking or other advanced mechanisms. Please share if you know of projects implementing clever mechanisms. — Links and Resources​ - The following resources are community projects. Please do your own research and use them at your own risk. — NFT interface specifications and implementations​. — DIP 721: An interface similar to ERC-721., Extendable Token (EXT): Extendable interface inspired by ERC-1155., — NFT Marketplaces and Launchpads​. — Entrepot, Jelly, Yumi, NFT Anvil, ____ — Start building at internetcomputer.org and join the developer community at forum.dfinity.org.. — Considerations for NFT Developers on the Internet Computer was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




Internet Computer Updates: Terabethia ETH Testnet Intro, SNS Testing Tutorial, & Python Canisters

A digest of the latest developments within the Internet Computer ecosystem and ICP community.. — — Get these updates straight to your inbox by subscribing here.. — — Register for the public Global R&D Meeting on Wednesday, September 28!. — — ICP Ecosystem - More on the upcoming Paris ICP meetup on Sept. 29, where @aedile_ic will share what they have been working on to French speakers in person & online., With HTTPS outcalls nearly here, take a look at this New Stack article discussing direct HTTP requests via the Internet Computer., A thread walkthrough on the ICP<>ETH Terabethia testnet., Python canisters are coming to the IC., You can now test SNS decentralization locally., A nice graphic shared by @DeFiWizards with 6 reasons to build on the Internet Computer., This article featuring @spnrapp., @ICPSquad highlights @ic_naming with their dapp deep-dive graphic., Enjoy the ICP Community Newsletter #13 and #14 by @DigiMarthie., Register now for an “Intro to Building on the Internet Computer” workshop!, The Future of Blockchain, an article written by @ElijahZ90., Check out this Beginners Guide to ICP’s Tokenomics from @hello_icp., This article covering Content Fly’s newest contest feature., Issue #20 of Infinity Weekly., Episode 27 of Neurotic Podcast!, Check out phase 2 of the Toniq Mint release., An article by @IdentityMaxis “NFID How to fix Derivation Origin failed to fetch”., Read all about the strategic partnership between Dfinity Community and InfinitySwap., This Twitter space recording from @NnsDaos on how to use crypto in your life., DFINITY’s new roadmap approach., Take a look at the recently launched DFINITY Swag shop., — ICP NFTs - — Updates. — ICPxy floor prices have increased from 1.7 to 4 as staking approaches., Updated Roadmap for D-City includes new soundtrack and a Token., IC Puppies share sneak peak of map design for the first level of their game., $DOGMI drop coming to BTC Flower holders., Colorful Abstracts by @FGhostwriting is coming to Entrepot in a couple of weeks., Podcast with @VictorICPSquad @bitcoinr3negade and @realsixfig talk about possibilities of ICP as an NFT platform., Look at some of the utility behind Unfold VR’s Creator Gloves., Crypto Wizards are trading on Entrepot. Floor price is 26., Boxy Girl is now trading on Entrepot. Floor is 1.8., Infinity Swap partners with @VRSTLstudios and @OgMedalist to launch Gizmo NFT series., Meme Cake marketplace has added at least 26 ICP NFT projects., — Recently Minted. — Unfold VR Creator Gloves are minting on Yumi., Myour sold out on Entrepot. Current floor is 0.7., CoinStarsNFT sold out on Entrepot. Current floor is 2.4., Structure sold out on Entrepot. Current floor is 1.8., Cool Bones completed their round on CrowdFund NFT and are trading on Entrepot. Current floor is 1.06., Pixel Gods are minting on MemeCake., Dfinity OG Monke listing at Canister.app., IC Flowers and Caffesitas are minting on Entrepot., — Upcoming Mints. — Sept 26 — Robot Scientists is minting on Entrepot., ____ — Start building at internetcomputer.org and join the developer community at forum.dfinity.org.. — Internet Computer Updates: Terabethia ETH Testnet Intro, SNS Testing Tutorial, & Python Canisters was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




NNS Metrics: Tracking the Internet Computer’s Token Economics

A review of Network Nervous System metrics regarding ICP inflation, staking, and liquidity.. — The Network Nervous System (NNS) is the permissionless on-chain DAO that allows the Internet Computer blockchain to be governed in an open, decentralized, and secure manner. The NNS has complete control over all aspects of the network, allowing it to be efficiently upgraded and expanded. ICP utility token holders from around the world can stake their tokens within neurons in the NNS to engage in network governance and vote on whether to adopt or reject network proposals, while earning voting rewards for their participation. Anyone who stakes a neuron within the NNS can also submit a proposal to suggest changes, giving the ICP community the power to guide the blockchain’s evolution and optimize it for developers, entrepreneurs, and users. This article summarizes activities regarding NNS token economics and the ICP token from January 2022 through August 2022, reviewing metrics regarding inflation, NNS staking, and liquidity. — Inflation - ICP token inflation is caused by the minting of ICP to reward node providers and to reward NNS governance participants. The annualized inflation rate for ICP from January through August 2022 has been 4%, which is well below the targeted inflation rate for governance rewards of 8–9% annualized. This is because many NNS participants have been accumulating their rewards as “maturity” (i.e., the accrual of rewards in a neuron from voting on proposals) instead of converting them into ICP. As of the end of August, accumulated maturity in the NNS was worth roughly 40.7M ICP. The inflation rate of ICP can vary from month to month, mostly driven by whether NNS participants are converting maturity into ICP. The chart below shows the annualized inflation rate for each month so far in 2022. Note that the larger inflation rate for August was primarily due to the DFINITY Foundation “merging” some of its accumulated maturity, which has the effect of minting the neuron’s maturity and adding that minted amount back into the neuron’s stake. NNS participants can choose to convert their rewards from maturity to ICP by either spawning a new neuron (which allows the owner to receive the ICP in 7 days) or to merge the ICP back into their existing neuron (which keeps the ICP locked in the neuron). The following chart shows that NNS participants have been predominantly merging their ICP rewards back into their neurons, resulting in the majority of ICP inflation remaining locked on the NNS. (Note: heuristics were used to determine if a mint event was spawning or merging maturity.) — NNS Staking - One noteworthy NNS measure is the growth of the number of ICP tokens staked on it. This can be represented as the difference between the number of ICP that is newly staked on the NNS minus the number of ICP that is dissolved off the NNS. These data are illustrated in the chart below, with the dark bars representing the net change in ICP on the NNS. We see that the number of ICP being dissolved has decreased significantly since April, while new staking on the NNS has been flat for most of the year. The net result is that the past four months saw 0.7M ICP come off the NNS, a significant decline from the 9.1M decline in the first 4 months of the year. Of the ICP tokens staked so far in 2022, 67.7% remain in the locked state and 45.6% are locked for 4 years or longer, including 36.4% staked for 8 years. The metrics show a combination of early ICP neurons completing their dissolves and a preference among new participants for long-term staking. The chart below shows the state of the NNS as of August 31, reflecting the number of ICP tokens that are locked and dissolving by the length of their dissolve delays. One interesting metric is that 24.5% of the total ICP supply (and 48.8% of the total ICP on the NNS) is currently locked for 8 years. — Liquid ICP Tokens - Liquid tokens are ICP tokens that are not staked on the NNS and are presumed to be free to be moved from their owners’ wallets. Liquid ICP can be calculated as total ICP supply minus NNS staked supply. A healthy ecosystem should have enough liquid tokens to support all of the liquidity needs of the ecosystem and provide sufficient supply stability for the token to retain value. In the case of ICP, the liquid coin supply was 221.1M at the end of August, an increase of 21.2M since the end of January. The majority of this increase occurred in March and April as a result of the dissolving of large neurons off the NNS, as discussed above. — Conclusion - The ICP token has experienced moderate annualized inflation for 2022. This is partly because of deferred inflation due to accumulating maturity, but the majority of realized inflation remains locked on the NNS through merged maturity, which is a sign of long-term commitment from NNS participants. ____ — Start building at internetcomputer.org and join the developer community at forum.dfinity.org.. — NNS Metrics: Tracking the Internet Computer’s Token Economics was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




Internet Computer Updates: Codebase, DSCVR Portals V2, and ICP.Lab

A digest of the latest developments within the Internet Computer ecosystem and ICP community.. — — Get these updates straight to your inbox by subscribing here.. — — Register for “Web3 Apps on the Internet Computer,” an online event on Sept. 22 featuring DFINITY senior software engineer Kyle Peacock!. — — ICP Ecosystem - Introducing Codebase, a decentralized GitHub-like platform., Meet NFID, the digital identity protocol that extends Internet Identity with additional functionality, such as Google sign-in., If you have an existing Internet Identity anchor, follow these simple steps to sign in to dapps with NFID, which is already integrated with DSCVR (Web3 social media), OpenChat (Web3 instant-message), Kinic (Web3 search engine), ICME (decentralized SquareSpace and NFT minter), UserGeek (decentralized data analytics), Codebase (see above), and more!, All about ICP-superpowered DAOs in this article., You can now bridge testnet ETH assets to the Internet Computer using Terabethia., Take a look at the in-progress ICP.Lab, a program that hosts projects at the DFINITY Foundation’s headquarters in Zurich., DSCVR launched Portals V2., InfinitySwap is looking for writers!, September roadmap released for Internet Identity!, Check out the recording from Psychedelic TownHall 05., The DSCVR portal for @psychedelicDAO is now live!, How to create an Internet Identity anchor in a quick thread from @hello_icp., A recorded Twitter space hosted by @NnsDaos discussing how to leverage NFTs on the IC market., Episode 27 of Neurotic Podcast!, — ICP NFTs - — Updates. — ICDM recently launched for staking your ICPCS., 1:1 Poked Studio art NFT sale coming to Entrepot soon. Will include full merchandise rights and more., Plethora game confirms major long-term strategic partnership with Dfinity Space Apes., Meme Cake is adding unique utility to their NFTs… Rocket Game., Ludo previews more ICP Flowers; Titanium, Futurium, Chromium, Copper, and Carbon Fiber., $LAND airdrop for Cosmicrafts hodlers from ICP Bunny., You can now buy Meme Cake listings through DGDG., — Recently Minted. — Avocado Research sale is over. They burned 3,967 unsold + 33 from the buyback wallet for a final total supply is 6,000., BTC Skulls is minting 700 NFTs on Yumi., Kip Ugly free mint has completed on Meme Cake. It’s a 10k collection with 7599 current holders. Floor is .298., MiMons AI collection of 222 minted on Entrepot. Current floor is 7.49., ICLighthouse Planet Cards are minting on Yumi., Motomojis are minting on Yumi., Cool Bones completed funding. Current floor on Crowd Fund marketplace is 1., Coin Stars NFT is minting on Entrepot., Structure is minting on Entrepot., — Recent Governance Proposals - Named Neuron Proposal: John Wiegley, ____ — Start building at internetcomputer.org and join the developer community at forum.dfinity.org.. — Internet Computer Updates: Codebase, DSCVR Portals V2, and ICP.Lab was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




NFID: The Digital Identity Protocol

NFID takes a leap toward building an interoperable identity layer for the internet by using the Internet Computer’s novel cryptography.. — NFID: The biometric Metawallet — An interoperable identity layer for the internet - The 2008 breakthrough technology of Bitcoin gave people a way to own digital data, enabling people anywhere to immediately and pseudonymously share something about themselves that others on the internet could trust (i.e., how much BTC they own). The crypto industry has exploded with innovative ideas since then — but we’ve hit a ceiling with digital identity. People are starting to demand (and governments are starting to write regulations about) privacy, pseudonymity, and minimal disclosure of personal information. Governments are incentivized to increase their citizens’ participation in the digital economy, but people are realizing that their finances, health, relationships, preferences, and other personal information are vulnerable to targeting and exploitation by bad actors. We built NFID to solve these problems. It’s a digital identity built entirely on the Internet Computer that enables users to easily and anonymously manage their data in all of their wallets and across all of their personal devices. NFID makes using dapps easy by: enabling the user to sign in to services without downloading an app or extension;, privately storing information so that the user doesn’t need to repeatedly complete forms to prove who they are;, streamlining the process of making and receiving payments online., With NFID, users no longer need to worry about the privacy of their data because privacy is built-in by default. — Create your identity now at nfid.one.. — — How OpenChat and DSCVR reduce friction with NFID - Developers want to focus on building great products that are easy to use; they don’t want to focus on the precipitous drop off in registrations from high-friction wallet onboarding flows that prevent users from even trying their products. Developers want to reduce friction for new users to create accounts quickly, easily, and securely. In Web3, developers can utilize the capability of a user’s wallet to make payments and display ownership of NFTs for permissioned gating, so they chose adding NFID because it provides the easiest authentication for user onboarding. OpenChat and DSCVR integrated NFID as a user-onboarding option because it provided the lowest friction method for new users to try their dapps. While some identity providers require your users to download an app/extension or go through a time-consuming multi-step process, NFID meets your users where they are, with smart device biometrics and Gmail sign-in without sacrificing their privacy or security. — A Metawallet that provides dapps sybil resistance and cross-account proofs - A major problem on the internet is that it’s very difficult for an application to trust any information a user provides. Because users own all of their data when they use NFID, applications can simply request trustworthy information, like proof that a user’s mobile phone number hadn’t already been used from a different identity (without revealing the phone number itself). Developers can build applications that ensure one account per verified mobile phone number with NFID. As more applications issue reusable credentials — i.e., MODCLUB’s Proof-of-Humanity, People Parties on the NNS, distrikt batches, or DSCVR reputation — your users will be able to prove their ownership of digital assets in zero knowledge. Soon, NFID will also support attached wallets for making and receiving payments, making it a Metawallet identity protocol capable of routing transfers and proofs across accounts. Before NFID, each transaction made people more identifiable, targetable, and exploitable because what can be observed can be controlled, which is why we believe reusing the same wallet address as a form of authentication and verification of assets is limited. — Privacy by design: Authenticate privately and securely with one touch - OpenChat and DSCVR value user privacy and wanted to ensure that, like the Internet Identity authentication framework, user’s activity across other applications couldn’t be observed by anyone. Even when using Google to authenticate to your NFID, it’s simply a method to authenticate to your private, self-sovereign identity without revealing where else you connect NFID or how you transact. With NFID, when an application requests information about NFT ownership, reputation on other applications, or any other associated personal data, NFID preserves privacy by sharing proofs instead of raw data: “Hi, I’m anonymous, and yes, I have over 3 ICP,” not “Hi, I’m the owner of 122.412 ICP, these 7 NFTs, and these 16 pages of transaction history across these 12 applications.” — Why build on the Internet Computer? - To renew the open web, people must be in control of their entire online experience. The moment a centralized component comes between a user and their online account, it becomes a privacy and security vulnerability waiting to be exploited. Building on the Internet Computer allows NFID to be distributed through the open web rather than permissioned organizations and app stores. If it were distributed from a centralized provider like Amazon Web Services or Google Cloud, multiple backdoors would exist to shut the interface down and compromise the identity. Only the Internet Computer and Internet Identity provide the requisite level of security, cryptography, scalability, flexibility, and interface decentralization to host a viable solution to the decades-long problem of self-sovereign identity. — Want to use or learn more about NFID? - Create anonymous identities today on DSCVR (Web3 social media & community building), OpenChat (Web3’s largest instant-message dapp), Kinic (decentralized Google Search), ICME (decentralized SquareSpace and NFT minter), UserGeek (decentralized data analytics for developers), Codebase (decentralized GitHub), and many other projects whose NFID integrations are coming soon. — Create your identity now at nfid.one and connect with us on Twitter @IdentityMaxis!. — NFID: The Digital Identity Protocol was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




Internet Computer Updates: BTC Integration Explainer, Terabethia ETH Testnet Stats, GameFi Features

A digest of the latest developments within the Internet Computer ecosystem and ICP community.. — — Get these updates straight to your inbox by subscribing here.. — — Register for “Web3 Apps on the Internet Computer,” an online event on Sept. 22 featuring DFINITY senior software engineer Kyle Peacock!. — — ICP Ecosystem - Join the new ICP Discord server!, Watch this new native BTC integration explainer video featuring DFINITY senior engineering manager Manu Drijvers. 👇, medium.com This VentureBeat article by @JoshHQ discussing Internet Identity’s game-changing abilities., This Web3 GameFi article from Coinpedia.org featuring MetaSports Basketball and Plethora!, An article on improving your Internet Identity security., Take a look at some stats for the ETH<>ICP @Terabethia_ bridge since the launch of its testnet., A mini-thread of updates from Sonic., Check out the recording for August’s Global R&D call, and a quick thread of updates from @herbertyang., Introducing @hello_icp, a community-led help desk for IC users., An article discussing the design and evolution of the ICRC-1 token standard., ICScan is open! Check it out., This blog post from @daviddalbusco regarding deconstructing the localstorage in TypeScript., Recap of Psychedelic TownHall 4 on DSCVR., Take a look at a Twitter spaces recording of a Finterest AMA & update., A thread from @milesjennings launching open-source “Can’t Be Evil” NFT licenses., Read about InfinitySwap’s collabs bringing a utility token to the IC., A blog post from @albertwenger discussing the fundamentals of blockchain, and this quick summary thread by @maxogles., A new issue of Infinity Weekly!, Enjoy episode 26 of Neurotic Podcast!, An article on IC NFT scarcity by @FGhostwriting., ICP Community Newsletter #12, by @DigiMarthie., @lysergin33 shares an article about $Ghost, and why it is mooning., This article discussing Crowdfund NFT, the web3 kickstarter., — ICP NFTs - — Updates. — IC Apes Discord announcement about upcoming Baby Apes drop and other updates., First image of the upcoming ICP Flower. Half the collection will be upgraded from RIP to Rise UP! A second preview., Ludo previews a copper ICP Flower., Buying direct from DGDG.app is now possible for multiple collections on multiple marketplaces. Way to go Carto!, Meme Cake shares their new roadmap and vision., Another reminder that ICPCs is officially releasing their ICDM platform on 9/9., Cosmicrafts shares a beta roadmap., Another updated roadmap, this time with Dfinity Space Apes., BTC Skull has airdropped to BTC Flower holders and some of the WL., IC Wave share their post-launch token distribution breakdown on Discord., The initial release of ICDM, ICPCs staking and collection management platform, will be going live on 9/9., Flower Power DAO has sent 150 ICP in payouts for their DAO bounty program., Dystopia Humas were dropped on Entrepot to Internet Human holders. Current floor price is 1.39., Binding offers for DFINITY NFT collections is coming to MemeCake on Sept 20., Learn more about the economy of Eimolad by reading their DSCVR articles., Initial airdrop of DogFinity $DOGMI tokens is tentatively scheduled for the end of the week, with snapshot on 9/6., August prize pool for dSquad looks very generous. Drops expected 9/6., — Getting to know you. — Find out more about Unfold VR in their Medium Post., — Recently Minted. — Orblings mint ended and trading has begun on Entrepot. Current floor price is 3.98., The Mask mint ended and trading has begun on Entrepot. Current floor price is 4.25., IC Whiskers gmZERO v2 is fundraising on on CrowdFund NFT., Avocado Research WL is minting on C3Protocol., — Upcoming Mints. — Sept 8 — Ugly Kip is minting on MemeCake., Sept 9 — BTC Skull is minting on Yumi., Sept 9 — Kip Ugly on MemeCake.io., Kawaii VHS did not mint on C3Protocol and is currently looking for a marketplace., — Open Governance Proposals - Named Neuron Proposal: Paul Young, Named Neuron Proposal: ICPMANUAL, ____ — Start building at internetcomputer.org and join the developer community at forum.dfinity.org.. — Internet Computer Updates: BTC Integration Explainer, Terabethia ETH Testnet Stats, GameFi Features was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




Introducing the Internet Computer’s New “ICP (Official)” Discord Server: Join NOW!

The new Discord server will facilitate the communication of all relevant information related to the Internet Computer.. — The DFINITY Foundation is extending its community outreach to discuss and disseminate all relevant information related to the Internet Computer. Herbert Yang, DFINITY’s GM of Asia Operations & Global Community, is leading the initiative, and we at InfinitySwap are only too happy to share some information about the new development. Hi, fam — welcome to the official ICP Discord community hosted by the DFINITY team! Join HERE: — Join the ICP (Official) Discord Server!. — — ICP (Official) is the official community-owned Discord managed by the DFINITY Foundation, a major contributor to the Internet Computer blockchain | 2,155 members. — When you first arrive, please select the roles and language groups that fit you best to unlock all the channels. One thing that is unique about this ICP (Official) server is that DFINITY treats all of the language groups equally. Each language group has its own Category, which includes 5 Channels in an identical structure. The ICP (Official) Discord now supports 14 language groups, including English, Chinese, Vietnamese, Japanese, Korean, Arabic, Hindi, Indonesian, Turkish, Russian, Spanish, Portuguese, and French. You can go to the left menu bar to select the language you’re most comfortable with, then go into different channels to join discussions. — For example, under # — — English Category, there are: - 🛠_en_tech_discussion: All things related to developing/building dapps on the IC, how to get started as a developer, ask open questions (feel free to tag anyone with a DFINITY role), how to install dfx SDK, best practices sharing, etc., 💬_en_general_chat: Anything under the sun related to the Internet Computer Protocol, the IC ecosystem, or DFINITY — or gm/gn/wagmi, etc., 🗳_en_dao_governance: All things related to the governance of the Internet Computer Protocol, Network Nervous System (“NNS”), DAO, the latest NNS proposals, decentralization, etc., 🤝_en_collaboration: Raise your hands and throw an open request to the community if you are seeking collaboration opportunities, from match-making a co-founder, recruiting for developers, hiring for CMO, to BD partnership, etc. Introduce yourself (or your team) and let the community know what you need., 🍱_en_web3_news: Interesting and insightful news on Web3, metaverse, blockchain, crypto, or good old technology in general that you think would be helpful for the IC early adopters to know. It doesn’t have to be about the IC or DFINITY., Besides these channels in the respective language groups, there are also a few interesting channels to check out: 🐕_guide is your starting point on this server. Come back here to re-orientate yourself or select additional roles that can best describe your Web3 journey. 📅_events is your one-stop calendar for all the IC community events, organized by the DFINITY Foundation and various communities around the world. 📣_announcement automatically shares the latest tweets from DFINITY and its founder Dominic Williams. 🍔_resources is where you can find FAQ, MediaKit, and useful resources for IC technology, the IC ecosystem, and DFINITY. 🤖_bot_friendly is where you can execute bot commands such as /rank (to check your level) or /invites (to check how many people you've invited to this server). Please DO NOT run bot commands in other channels so that we can focus on human-to-human conversations. 🚀_grants is where the DFINITY team stays in touch with the many project teams/individuals that have received grants (developer grants or community grants) from DFINITY. It’s not directly related to the general community (more like a workflow tool) but DFINITY welcome you all to check out what keeps them busy all day and keeps your finger on the pulse of the undercurrents or driving forces of the IC ecosystem growth. These grantees are the trailblazers of the IC. Many of them will be revered as IC OGs years from now. Check out the projects to get the feeling that you’re part of a much bigger technological revolution. Feel free to follow or unfollow any particular thread. 🎸_Jukebox is a voice channel in collaboration with Itoka, a fast-rising startup on the IC that streams online music via canisters. The more music you listen to from this channel, the more prizes you might stand to win from Itoka, the more update API calls you will contribute to the IC, and the more cycles will be burned! — So, what makes this Discord server unique? DFINITY wants to create: - A community for all IC lovers that include not only tech developers, but also community contributors, hodlers, investors, artists, content creators, marketers, and most important of all, end users (individuals & enterprises). In Year 1 of the nascent ecosystem growth, the focus was mostly on developers. We’re now in Year 2 since Genesis with many excellent dapps ,and it’s time to broaden the community to embrace the mainstream., A community that can serve its members better. We’re rooting for the success of every community leader, whether you’re leading a dev team or evangelizing the IC among your friends. If the community doesn’t succeed, DFINITY won’t succeed either, and there is no meaning to the technology we’re developing. DFINITY doesn’t want to create this server just for the sake of getting 10–50K members under its banner. They want to provide better service to all stakeholders that care about the IC., A community-owned Discord managed by the DFINITY team to be a beacon of inspiration and a shelter of hope and conviction in times of despair brought upon by the bear market and covid. The wonderful DFINITY Dev Official Discord server is owned by the community (thank you, Gabriel & all!) for the developers. The two servers can complement each other rather well and have the other’s back., A community that gives all IC fans a fair chance to participate in the global dialogue, regardless of the language they speak. Some of the most exciting developments on the IC come from non-English communities, and they deserve a theatre hall to themselves., A community that will integrate as many IC dapps and services as possible and become a center stage to promote all things IC. DFINITY wants to set up their own table and invite their dinner party guests., A community where they can foster a culture of humility, creativity, & audacity., — What could you do here? A few suggestions: - Invite your friends to this IC Discord community. DFINITY needs to get to a critical mass for mainstream adoption. The Internet Computer can be positioned as an internet infrastructure that is the only tech platform in the world that can provide a 5-in-1 service, from smart contracts, tokenization, web frontend, scalable data storage, and elastic computing. DFINITY is uniquely positioned to revolutionize the entire internet, not just blockchain., Help DFINITY moderate the behavior and content in the community. Make sure the channels are used in the right manner, and inappropriate content gets deleted right away., Help other fellow IC members by answering their questions. The DFINITY team won’t be able to field all the questions. The only way to scale the operation is through a collective effort involving the entire community., Be kind and open-minded to new members of the IC ecosystem, regardless of whether they come from another crypto ecosystem or “Web2.” Be patient and inclusive. Do not dismiss their questions, challenges, or criticism. Every new member to this Discord is a win for the IC., Make suggestions to the DFINITY team and the channel admins (many community leaders have stepped up and kindly offered their assistance to help us moderate) if you have seen best practices from other communities that we could adopt. DFINITY are by no means experts on Discord, or community management. DFINITY are eager to learn and level up in all community outreach., Ask not what DFINITY can do for you — ask what you can do for the IC. DFINITY chose to embark on a journey toward blockchain singularity, not because it’s easy, but because it serves to organize and measure the best of DFINITY’s energies and skills — and the foundation will relentlessly pursue that goal. We can only hope that the community supports the mission, which will take blood, sweat, and tears to achieve over the long term., As a proud partner of DFINITY and the Internet Computer, InfinitySwap aims to amplify important messaging through our website and social media channels. — Connect with InfinitySwap - Twitter | Website | Telegram | Discord | Github *Disclaimer: While every effort is made on this website to provide accurate information, any opinions expressed or information disseminated do not necessarily reflect the views of InfinitySwap itself. Introducing the Internet Computer’s New “ICP (Official)” Discord Server: Join NOW! was originally published in The Internet Computer Review on Medium, where people are continuing the conversation by highlighting and responding to this story.




  ICP NEWS


Daily Pump & Dump | June 2, 2022 Crypto Market Report: BTC, ETH, ICP

    The daily pump & dump is a weekday update on the crypto market providing you with an abbreviated breakdown of price action related to Bitcoin, Ethereum, and other trending altcoins.  Today's summary: Bitcoin retests $30,000 after a rejection. Why is Ethereum lagging behind the rest of crypto? ICP posts insane intraday rally. Bitcoin Retests $30,000, Can The Key Level Hold? Bitcoin price was fiercely rejected from resistance at $32,000, sending the cryptocurrency back to retest support at $30,000. The fall took BTCUSD daily to the middle-Bollinger Band - which is a 20-day simple moving average. The top altcoin is not representative of the state of alts as a whole, which have in some cases seen strong recoveries today.  Ethereum could head down further against BTC | Source: ETHUSD on TradingView.com Upon closer inspection, ETHUSD is far below the same middle-Bollinger Band and 20-day SMA as Bitcoin on daily timeframes. The discrepancy is demonstrated in the ETHBTC pair, which is at risk of further breakdown if horizontal support is breached. Internet Computer Boots Up 20% Rally One outlier across the market today is Internet Computer. The Dfinity Foundation coin posted double digit gains on the day. Much like Bitcoin is visually more bullish than Ethereum considering price action and its location within the Bollinger Bands, ICP looks the most poised for aggressive expansion. The Bollinger Bands are a volatility measuring tool. When the bands ti... read More



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