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DFINITY Foundation Unveils New and Updated Roadmap for Internet Computer (ICP)

May 16, 2024
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DFINITY Foundation Unveils New and Updated Roadmap for Internet Computer (ICP)


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The Web Laptop (ICP) has grown considerably previously three years backed by high buyers akin to Andreessen Horowitz, Polychain Capital, and Multicoin Capital.

The Web Laptop (ICP), a revolutionary blockchain that builds on limitless knowledge and on-chain computation, has introduced a brand new and up to date roadmap to steer the undertaking to the following degree of mass adoption. The ICP undertaking, at the moment valued at about $6.3 billion and a every day common traded quantity of round $114 million, has grown to a top-tier web3 ecosystem previously three years.

In keeping with the most recent market knowledge, the ICP network has a complete worth locked (TVL) of about $87 million from a number of web3 initiatives. A few of the decentralized monetary (DeFi) initiatives on the ICP community embody Sonic DEX, Gold DAO, and ICPSwap, amongst others.

New Chapter for the Web Laptop

In keeping with the brand new Web Laptop roadmap, the DFINITY Basis will focus its consideration and assets on 9 key areas to make sure a sustainable future. Among the many key areas that the DFINITY basis intends to place extra emphasis on within the coming years embody decentralized synthetic intelligence (AI), developer expertise, on-chain privateness, chain fusion, compute platform, platform decentralization, digital belongings, and identification, amongst others.

“Every focus space is vital to the success of the Web Laptop and every milestone marks a big breakthrough and opens up new alternatives for the blockchain neighborhood. This roadmap just isn’t just for the ICP neighborhood however for the blockchain trade as a complete. The Web Laptop can convey true decentralization, join blockchains, develop communities, and clear up AI’s belief subject,” the DFINITY workforce noted.

Within the close to future, the ICP ecosystem will have the ability to work together with the Ethereum community by its legendary Ethereum Digital Machine (EVM). Moreover, the ICP community intends to attach with the Bitcoin (BTC) and Solana (SOL) ecosystems.

The ICP community intends to put a lot emphasis on good contract improvement, which can in the end assist decentralize the underlying blockchain infrastructure. On this regard, the ICP community has dedicated to constructing correct privateness on identification authentication protocols.

The Web Laptop has, subsequently, made a deliberate determination to teach extra web3 builders on the good contract languages utilized in its blockchain expertise. Moreover, the ICP community intends to onboard extra multichainDeFi platforms with its token requirements.

Market Affect

The launch of the brand new roadmap for the Web Laptop can have a profound affect on the ICP coin amid the continued crypto bull market. As of this writing, ICP value hovered round $12.30, up roughly 3 % previously seven days.

The unveiled roadmap will in the end assist the ICO coin keep away from being labeled as a zombie crypto undertaking.

Furthermore, the Web3 trade is quick evolving in accordance with market wants, with real-world belongings (RWA) tokenization being the highest precedence for many institutional buyers.

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