web3labs

1. ICP Background Overview
1.1 Project Introduction
1.1.1 Introduction
When it comes to ICP (Internet Computer), you may first think of the price manipulation incident when it was first launched. This incident was later considered to be a fearful reaction of some crypto forces to the threat of its technology: ICP's core technology has disruptive potential (which was well known before its launch) and may shake the status of existing blockchain projects, which allowed some interested parties to suppress it through price manipulation.
However, more than three years later, ICP has not collapsed as many people thought, but has shown a thriving ecosystem. In fact, ICP's TPS (transactions per second) is still far beyond the reach of other public chains. As can be seen from the figure below, its real-time TPS is 6 times that of Solana.

This year, Web3Labs announced a strategic partnership with the DFINITY Foundation to jointly launch the 'ICP X Web3Labs Global Acceleration Program' on Olympus, officially opening applications for global Web3 startups to join the program.
After rigorous screening, several projects with outstanding potential in innovation and technology have emerged. Selected projects will receive resource support from both parties in areas such as market, business, funding, and exchanges, including special grants and potential investment incentives.
Overview of the first selected projects

TownStory Galaxy is a groundbreaking web3-based social management game that invites players to build and manage their own virtual towns, nurturing a vibrant global community. Recent achievements of the Linea Park event include over 1 million accounts on the Linea blockchain, with users consuming nearly 1 million dollars in gas in just one week. Townstory has been deployed on ICP.