Build the Open Web: Internet Computer (ICP) Now Available on Ndax!

Internet Computer (ICP) is a groundbreaking blockchain network that reimagines how the internet operates—eliminating the need for traditional centralized cloud infrastructure. With ICP, developers can build and host applications, smart contracts, and even entire websites directly on-chain.

Now available for trading on Ndax, ICP gives Canadian users access to a protocol designed to transform the open internet. Whether you're a developer building Web3 apps or a crypto investor looking to support next generation blockchain infrastructure, Internet Computer offers a bold and scalable vision for the future of the web. 

Internet Computer is an open-source, Layer 1 blockchain protocol developed by the DFINITY Foundation. It enables developers to run smart contracts, called canisters, that scale efficiently and serve content directly to users—without relying on Web2 servers or cloud services.

ICP’s unique Chain Key Technology allows the network to run at web speed while enabling full decentralization. It’s a blockchain that doesn’t just store data or transactions—it hosts applications, backends, and user interfaces all on-chain. 

• Fully On-Chain Applications: From backend logic to frontend delivery, ICP can run entire apps directly on the blockchain. This includes hosting websites, social media platforms, DeFi apps, and enterprise tools.
• Chain Key Technology: This core cryptographic innovation allows ICP to scale while keeping its infrastructure secure and efficient. It also enables seamless upgrades and decentralized identity services.
• Reverse Gas Model: Unlike most blockchains, users don’t pay transaction fees. Developers preload their apps with “cycles” derived from ICP tokens, making apps frictionless for end-users.
• Web Integration: Apps on ICP can be accessed through regular browsers with no plugins, wallets, or bridges—bringing Web3 usability to a Web2-like experience. 

Founded by Dominic Williams, the DFINITY Foundation began work on Internet Computer in 2016. After years of cryptographic breakthroughs and R&D, ICP officially launched in May 2021. The project set out with an ambitious goal: to rebuild the internet as a public, decentralized platform. It has since launched dozens of live applications, ranging from social media and messaging platforms to DeFi and AI tools—all running entirely on the blockchain. With backing from major institutional investors and a growing ecosystem, ICP is quickly becoming a core pillar of the decentralized web. 

The ICP token is central to the functionality and governance of the Internet Computer network.

Utility of ICP:

• Computation & Storage Costs: ICP is converted into “cycles” to power smart contracts (canisters).
• Governance: ICP holders stake tokens to vote on protocol decisions via the Network Nervous System (NNS).
• Node Rewards: Node providers are paid in ICP for hosting and maintaining the network.
• App Monetization: Developers can accept ICP as payment within their apps, creating fully decentralized revenue models.

Supply Info (as of May 2025):

• Circulating Supply: ~460M ICP
• Max Supply: No fixed maximum; governed by protocol logic
• Emission Model: ICP follows a dynamic inflationary model, aligned with network growth and sustainability. 

With Internet Computer (ICP) now listed on Ndax, Canadians can begin their journey into the world of scalable and decentralized blockchain technology. From hosting decentralized applications to powering a fully autonomous internet, ICP is more than just a token—it’s the foundation of a new digital world.

Whether you're building apps, staking for governance, or diversifying your crypto portfolio, ICP offers real-world utility and a bold vision for the decentralized web.

Start trading ICP on Ndax today and explore the movement to rebuild the internet. Follow us on social media and become part of the Ndax community as we continue to support the projects that shape the future of blockchain. 

Disclaimer: This article is not intended to provide investment, legal, accounting, tax, or any other advice and should not be relied on in that or any other regard. The information contained herein is for informational purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise. Ndax is a member of the Canadian Investor Protection Fund (CIPF). Please refer to the CIPF for coverage qualification criteria.