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Today I will talk about $ICP demand acceleration with M70 + Cloud Engines 🔥
ICP-4,86%
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Make sure to join today at 5PM CET. $ICP = World Computer
ICP-4,86%
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$ICP 🔥 This number will rapidly increase with Cloud Engines. Nodes available to cloud engines do not receive any fixed payments from the network, but the nodes in an engine receive 80% of the revenues generated, while 20% are used to burn ICP, in a 100% deflationary model🔥
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After $ICP dropped to $3, I started warning that the only viable path forward was to change the tokenomics. A few months later, the first M70 whitepaper was published. Since then, DFINITY has spent hundreds of hours working with multiple parties to refine the proposal and find
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Cloud Engines are coming 🔥(20% of the Revenue generated by nodes in an engin are used to burn $ICP 🔥) Cloud engines represent ICP transitioning from a niche platform for web3 apps, to a mainstream cloud solution with unique advantages. Users: solopreneurs, startups, SMEs,
ICP-4,86%
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SPAR now accepts $ICP for payments in Switzerland in more than 350 stores using OISY 🇨🇭
ICP-4,86%
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SPAR now accepts $ICP for payments in Switzerland in more than 350 stores using OISY🇨🇭 Probably nothing...
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M70 is now LIVE🔥 From previous proposals, it was clear that a large whale holding ~7–8% voting power is against it. We’ve also seen multiple spam proposals instantly getting that same 7–8%, which, in my opinion, looked like attempts to sabotage the blockchain. This time, that
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🔥 $ICP 🔥 Could Engines are coming. ➡️Nodes available to cloud engines do not receive any fixed payments from the network, but the nodes in an engine receive 80% of the revenues generated, while 20% are used to burn ICP, in a 100% deflationary model.
ICP-4,86%
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Mission70: Demand acceleration and adjustments for voting rewards and node rewards is now LIVE! $ICP = World Computer ♾
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The Real Onchain ♾
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$ICP Liquidation Leverage $768M is sitting at $2.81💰 We are very close to this level.
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Proposal 140858, titled “Mission70: Adjustment of Subnet Target Topology,” has passed✅ $ICP = World Computer
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$ICP has not been bleeding against $BTC since Oct 25 The tokenomics need to be adjusted. Once that is done, $ICP will have much more room for improvements against BTC.
ICP-4,86%
BTC-4,28%
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Over 1M $ICP were minted yesterday as node providers were paid. The NNS uses the 30-day moving average price of ICP in Special Drawing Rights (XDR). The lower the price of ICP, the more ICP needs to be minted to pay node providers. This is exactly why M70 is needed, ASAP.
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Proposal 140858, titled “Mission70: Adjustment of Subnet Target Topology,” is gaining traction: 24.51% of votes currently in favor✅ 1.96% of votes against ❌ $ICP = World Computer
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$ICP Liquidation Leverage $668M is sitting at $2.81💰
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The writing is on the wall... $ICP = World Computer ♾
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$ICP has started Onboarding Companies listed on Major Exchanges (NASDAQ) + Governments, Entities on a Sub-Government Level & Large Institutions.
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