Learn about the ICP tokens, how to stake and get involved in the governance of the Internet Computer and see how ICP can be converted to the cycles which are used for computation.
Get & Store tokens
One of the best ways to engage with the ecosystem is to explore the world of tokens. Tokens allow users, investors and developers to particpate in the network by allowing computation, staking, voting, governance, and ownership.
Exchanges allow you buy ICP tokens using traditional currencies. Note that they will have custody over any ICP you buy until you send it to a wallet you control.
If you want to store tokens, nfts, or connect to dapps on the IC, there are a number of wallets and self-custody options.
What can you do with the ICP token?
ICP is a utility token that allows developers to pay for computation and allows users to participate in and govern the Internet Computer blockchain network.
Convert ICP into cycles to pay for computation
Canister smart contracts burn cycles as they operate. Developers need to regularly top up their cycle balance in order to keep dapps running.
The easiest way to obtain cycles is to exchange ICP tokens. The price of cycles is fixed to ensure your computational cost is always predictable.
What is covered by $10 worth of cycles?
Hosting a 200MB static website bundle
Storing a full NFT collection of 10,000 NFTs
Earn staking rewards
Efficient and cheap ICP transfers
The fee of an ICP ledger transaction is fixed at 0.0001 ICP. It allows efficient transfers and dapp payments. Use the NNS dapp or the available wallets to send transactions.
Fixed transaction fee
A range of custody options are available, including support for holding private keys in an airgapped machine or ledger device.
Strong team & community
With 4 research centres, over 200 patents and over 100,000 citations, our team and community consist of world-class cryptographers, programming language experts, formals methods researchers, economists, engineers, developers, and some of the best community folks you’ve seen.
Blockchain's largest R&D operation
As a core contributor, DFINITY’s team of world-class researchers, cryptographers and engineers propose, design and develop improvements to the Internet Computer blockchain.
Internet Computer community commits to long term future of the project. 50% of tokens staked, nearly 25% of all tokens are staked for over 8 years.
Join The Conversation
Start discussing your ideas for what the DFINITY Foundation should prioritize for the Internet Computer, and collaborate on ecosystem topics with the Internet Computer community.