$ICP Dfinity has set up a for-profit company to build private subnets for enterprises and governments, Utopia. Enterprises have full control over these private subnets, so they are likely not to use tokens. Whether this is good or bad for ICP is a big issue.
$ICP Over the past year, I have been constantly reminding people of the risks of ICP on my twitte, but too many people have said that this is FUD and are calling for BUY THE DIP. Today, among the top 50 coins by market cap the ICP has fallen particularly sharply.
If you follow my Twitter, you may not lose money on #ICP. For a year, I have been calling for huge risks in buying ICP. Whether it is the early token distribution, the huge inflation, or the DOM-led team ignoring market trends, neglecting community incentives, and continuously selling to maintain team operations, it undoubtedly implies that ICP is dying. Tech has never been an important basis for blockchain investment.
Since #AR introduced general computing, #ICP's selling point of being the only general computing has disappeared. Investors use cash to make choices, including me.
It has been 7 years since the team started developing in 2017. The team's slow performance and multiple missed deadlines make people feel that this is not a hard-working team.