Internet Computer Report

#2 - Dfinity (ICP) Token Economics


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Today we will deep dive into DFINITY’s ICP token. Why it's needed and what separate's it from the rest of the space. One of the biggest aspects of a successful crypto project is Token Economics. We went from simple payment tokens like Bitcoin and Zcash to more complex governance & cashflow tokens like Maker and AAVE. DFINITY's ICP token seems to grasp the best of all worlds by combing intrinsic value/asset functions, governance properties, and "fuel" for computing power and storage.


Podcast Timestamps:

0:00..................................Reasons for a tokenomics episode

01:23................................Purpose of a tokenomics

02:45................................ICP Token governance function

04:20................................ICP Token compute function

06:15................................PoS vs. Dfinity's approach

09:25................................Consensus briefing

10:55................................Governance vs. consensus

12:20................................Is this a blockchain?

15:05................................Secondary tokens?

17:00................................Getting involved

17:40................................Decentralizing the token supply


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Internet Computer ReportBy Andrew Phillips & Evan McFarland

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