#Internet #Computer $— is a level 1 protocol developed by the DFINITY Foundation and aims to be the 'blockchain network that develops the Internet.' This 'internet computer' is designed to 'extend the capabilities of the public Internet to host server software in a decentralized network compatible with smart contracts.'

ICP is the native utility token of the Internet Computer and can be used for the following functions:

Governance: holders of ICP tokens can stake ICP in the Network Nervous System (NNS) to create 'neurons' for voting on governance proposals and earning rewards for voting.

Network transactions: ICP tokens can be disbanded and converted into cycles, which are used to run websites and applications on the network through containers.$ICP