đ» Join The VIP Cryptocurrency Course and Discord Group: https://www.joeparys.com/yt/crypto-course - We bought Internet Computer Protocol cryptocurrency (ICP).
In this video, friend of the channel Jerry Banfield, and I, are going to be deep diving into this coin as well as why we bought it, how much weâve bought.
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âĄïž https://www.youtube.com/@jerrybanfieldcrypto
âĄïž Disclosure: We are investors and Holders of the Cryptocurrencies discussed in this video.
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TIMESTAMPS:
00:00 We bought 1055.254 Internet Computer (ICP) crypto coins
01:05 What is ICP (Jerry)
04:34 ICP price (Joe)
06:08 Whatâs going on with the ICP price? (Jerry)
10:00 What I think of ICP (Joe)
11:34 ICP price prediction (Jerry)
13:44 Is 100X for ICP possible? (Joe)
14:48 ICP roadmap (Jerry)
15:50 K chain tokens (Joe)
16:49 How to buy ICP? (Jerry)
17:27 Have your money work for you (Joe)
17:56 Join the course & VIP group
â INTERNET COMPUTER PROTOCOL (ICP)
What is the Internet Computer and ICP?
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first âWorld Computerâ blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.
Why Does the ICP token have value?
The ICP token has three main utilities. Firstly, ICP provides a source of âcyclesâ that are burned to power computation (thus when ICP is converted to cycles, it disappears, creating deflationary pressure). Secondly, ICP can be staked in the permissionless Network Nervous System DAO that governs the Internet Computer blockchain, creating voting neurons that generate voting rewards. Thirdly, ICP plays the role of a store of value, for example allowing users to invest in decentralization sales run by web3 services.
How Does the Internet Computer Work?
The internet, which now connects nearly everybody and everything, runs on a network of special devices called routers. Some, like WiFi routers, are installed in homes, while others, which connect countries, are very specialized and expensive. The Internet Computer blockchain runs on a network of special computing devices called ânode machines,â which are built to a variety of standards.
Today, most Proof-of-Stake blockchains are hosted by âvalidatorâ nodes that are software instances often spun up on cloud computing services. The Internet Computer cannot be hosted in this way.
Source: https://coinmarketcap.com/currencies/internet-computer/
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DISCLAIMERS:
Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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