An Exploration into the ICP Ecosystem

ICP HUB Bulgaria
15 min readJan 24, 2024

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Navigate the Revolutionary World of Web3 Services and Decentralized Applications

Welcome to an exploration of the ICP Ecosystem.

As the digital universe continues to expand and evolve, the quest for a unified, secure, and user-centric internet is not just a goal but a necessity. The Internet Computer (ICP) emerges as a pivotal force in this transformative journey. With its innovative architecture, ICP redefines the fabric of digital innovation, steering us towards a future where the internet is not just interconnected but inherently intelligent and intuitive. The unique features of ICP, combined with the foresight of its visionary team and the potency of its groundbreaking services, underscore its commitment to this mission.

Understanding ICP

The Internet Computer (ICP) is a revolutionary protocol that allows Web3 services to operate entirely on-chain. It is unique in that it enables developers to build and users to enjoy fully decentralized applications without relying on corporate cloud services, insecure bridges, or expensive oracles. ICP stands out by allowing smart contracts to serve web pages directly, meaning you can open canister smart contracts in your browser just like regular websites. This approach ensures that content is served directly from the chain, and users don’t need tokens and wallets to interact with these services.

Innovative Features of ICP

1. Smart Contracts Serving Web Pages: Canister smart contracts on ICP can be opened directly in a browser, functioning similarly to regular websites.

2. True Scaling: ICP achieves scalability by regularly adding new subnets, allowing an unbounded number of dapps and the storage of unlimited data. Currently, the network boasts 559 node machines, 119 independent node providers, and 37 subnet blockchains combined into one platform.

3. Internet Identity: A user-friendly authentication framework that allows anonymous authentication with Web3 services using the WebAuthn standard. It supports biometric authorization (FaceID, fingerprint sensor, or YubiKey) and ensures strong security as the cryptographic key never leaves the user’s device. Moreover, it offers pseudonymity and prevents user tracking across dapps and services.

4. Tamperproof and Autonomous: Canister software on ICP is immune to tampering, eliminating the need for firewalls or concerns about ransomware. Canisters can be made unmodifiable or placed under autonomous governance, empowering communities and securing enterprises.

5. Simplicity and Sovereignty: ICP simplifies the development and maintenance of online systems and services, significantly reducing costs and accelerating market entry. It offers sovereignty, free from the kill switches and backdoors inherent in centralized, traditional IT.

6. Web3 and Open Internet Services (OIS): Canisters support advanced tokenization models and autonomous governance, enabling the creation of OISs managed exclusively by their communities. This fosters a transparent and decentralized ecosystem.

7. Next-Gen AI: ICP is enhancing its capabilities to support Web3 AI compute units, allowing AI to run on the network. This integration fosters native Web3 integrations and trustless combinations of models and data.

8. Reverse Gas Model: Unlike traditional blockchains, ICP employs a reverse gas model, allowing end-users to interact with smart contracts without needing a wallet or holding tokens. Developers can charge their canister smart contracts with ‘cycles,’ facilitating easy entry to Web3 and enabling custom tokenomics models.

9. Native Multi-Chain Functionality: Canister smart contracts on ICP serve as a bridge between major blockchains, with integrations with the Bitcoin Network and ongoing native ETH integration. This creates a trustless multi-chain environment, allowing seamless asset transfers across chains without the need for bridges or intermediaries.

The Forces Behind ICP

The team behind the Internet Computer Protocol (ICP) is led by the visionary Dominic Williams, founder of the DFINITY Foundation. Williams, an engineering entrepreneur with a background in cryptography and distributed systems, was inspired by the growth of the Bitcoin network. His journey began with the MMO computer game he developed, which grew to millions of users.

He transitioned to blockchain full-time and aimed to create faster blockchains to support virtual goods trading in the gaming ecosystem. His work on the Pebble project marked significant firsts in blockchain technology, focusing on scalability and transaction processing. Despite the project’s potential, Williams shifted focus to Ethereum, contributing significantly to its early community. His belief in a World Computer blockchain, capable of hosting humanity’s systems and services led to the inception of DFINITY. Williams’ pioneering work, especially in Threshold Relay and BLS cryptography, laid the foundation for the Internet Computer, a testament to his dedication and the collective efforts of a team committed to revolutionizing the blockchain landscape.

Partner Projects of ICP

EVM

  1. Bitfinity EVM: Next-gen EVM for Bitcoin

Bitfinity Network introduces a next-generation EVM (Ethereum Virtual Machine) that’s blazingly fast, serving as a Layer Two solution for Bitcoin and other assets. It leverages threshold signature schemes and is built on the Internet Computer (IC), allowing users to deploy advanced Solidity smart contracts efficiently. Bitfinity aims to enhance the scalability and interoperability of blockchain assets, providing a robust platform for decentralized applications and smart contract deployment.

For more updates on Bitfinity EVM, check out their Twitter page.

SocialFi

2. DSCVR: Engage, Share, Thrive on ICP

DSCVR is a community-centric platform where users can explore and engage in diverse topics ranging from daily news to specific hobbies and discussions. As the social hub of Internet Computer Protocol, it offers a space for members to join various portals, each hosting vibrant discussions and content sharing. With features like interactive posts, member engagement, and a wide array of topics, DSCVR fosters a dynamic environment for community-driven content and social interaction within the ICP ecosystem.

For more updates on DSCVR, check out their Twitter page.

3. Dmail: Secure, decentralized, AI-powered communication platform

Dmail Network is an AI-driven decentralized communication platform offering encrypted email services, unified notifications, and targeted marketing. It integrates with multiple chains and dApps, catering to users, developers, and marketers. The platform supports a user-self-hosted decentralized mailbox solution deployed across various chains and a proprietary messaging protocol grounded in the Web3 identity system. Dmail ensures secure communication via emails and notifications, establishing itself as a pivotal communication link in the Web3 infrastructure.

For more updates on Dmail, check out their GitHub page.

4. Funded: Innovative, secure blockchain-based crowdfunding platform

Funded.app is a cutting-edge crowdfunding platform that leverages blockchain technology to offer a tamper-proof funding model. It allows creators to raise funds in cryptocurrencies like ETH, BTC, and ICP, connecting them with a global audience. The platform uniquely integrates digital contracts (NFTs) as rewards, making backers’ participation tradable and providing founders with long-term revenue. Funded.app represents a modern, secure, and innovative approach to crowdfunding, breaking barriers with its decentralized, community-driven model.

For more updates on Funded, check out their Twitter page.

5. OpenChat: Secure Blockchain-Based Messaging Platform

OpenChat is a revolutionary chat application that operates entirely on the Internet Computer blockchain. This platform offers a fully-featured messaging experience, running end-to-end on a decentralized network. It stands out by leveraging the unique capabilities of blockchain technology to provide secure, efficient, and scalable communication solutions. OpenChat represents a significant advancement in the realm of online communication, integrating the robustness of blockchain with the everyday utility of chat applications.

For more updates on OpenChat, check out their Twitter page.

6. Hot or Not: Reinventing Short Video Social Media

Hot or Not is a decentralized short-form video-based social media platform that integrates prediction markets for content. In addition to sharing their own videos, users can also speculate on videos of other users by staking tokens and voting whether a video will become ‘Hot’ or ‘Not’ to earn rewards.

For more updates on Hot or Not, check out their Twitter page.

DeFi

7. ICPSwap: Decentralized finance hub on Internet Computer

ICP Swap is redefining decentralized finance by creating a hub that offers comprehensive financial, market, and DAO services on the Internet Computer. As a next-generation decentralized exchange, it leverages DFINITY’s Internet Computer to establish a genuinely decentralized finance ecosystem. ICP Swap introduces the ICPSwap Token (ICS), a governance and ecological token, embedding itself in the ecosystem with a deflationary model through repurchase and burn, ensuring full-stack services and a robust platform for users and developers.

For more updates on ICPSwap, check out their Twitter page.

8. IC DEX: Community-driven Dex, on-chain trading platform

ICLight’s ICDex is a community-driven decentralized exchange (Dex) still in its beta phase, offering a fully on-chain trading experience. It allows for the listing of trading pairs through community recommendations or by token asset issuers. ICDex emphasizes user responsibility and risk management, as it operates in a beta environment with potential undiscovered flaws. Users are advised to understand the platform thoroughly and comply with local laws while engaging with this autonomous blockchain network.

For more updates on IC DEX, check out their Twitter page.

9. Sonic DEX: DeFi/AMM protocol, fast, secure trading

Sonic is a DeFi/AMM protocol on the Internet Computer, leveraging its unlimited scalability to offer a suite of DeFi products, including swaps, liquidity, and more. It provides a genuine DEX experience with blazing-fast transactions, zero gas fees, and quick support. Sonic is open-source, mobile-friendly, and code-audited, ensuring a secure and user-friendly platform. It also offers governance participation through Sonic tokens, allowing stakeholders to earn rewards, vote, and guide the platform’s future.

For more updates on Sonic DEX, check out their Twitter page.

10. Tswaanda: Empowering farmers, sustainable growth, market access

Tswaanda is a comprehensive commercial platform dedicated to empowering farmers by providing access to decentralized markets, resources, and technology. It focuses on sustainable growth in the agricultural sector, offering a marketplace for best-selling products like potatoes, broccoli, and pears. Tswaanda prioritizes efficiency without compromising quality, addressing farmers’ needs directly by helping them grow and manage their farming business. It’s a professional service platform that bridges the gap between farmers and major agricultural markets.

For more updates on Tswaanda, check out their Twitter page.

11. Infinity Swap: Decentralized Exchange, Secure Token Swapping Platform

InfinitySwap is a cutting-edge decentralized exchange platform on the Internet Computer, offering a seamless and secure environment for token swaps and liquidity pools. Version 1.8.4 provides users with a straightforward interface to connect their wallets, swap tokens with a set slippage tolerance, and manage their assets efficiently. Although still in beta, InfinitySwap is poised to become a key player in the decentralized finance space, emphasizing user-friendly features and robust security measures.

DAO

12. Gold DAO: Digitizing Gold for Decentralized, Tangible Investment

Gold DAO revolutionizes gold investment by digitizing physical gold into GLD NFTs, ensuring direct ownership and redeemability. It addresses the issue of ‘paper gold’ overreach by offering tangible investment in Swiss vault-stored gold. The ecosystem includes GLDGov for governance, GLDT tokens for liquidity and exchange, and USDG, a gold-backed stablecoin. This cross-chain, audited platform ensures real ownership and decentralization, transforming gold into a flexible, digital asset exchangeable like cash and governed by its community.

For more updates on Gold DAO, check out their Twitter page.

13. Boom DAO: Empowering Unbanked with Cryptocurrency-Powered Commerce

Boom DAO introduces Boomcoin (BMC), a cryptocurrency powering its AI-backed Boom Blockchain. Aimed at financial inclusion, Boom DAO targets the unbanked with an e-commerce super app, allowing online transactions without traditional banking. Boomcoin facilitates everyday commerce, serving as an investment, a means for liquidity pools, and for trading on Boomswap. Launched in 2018, Boomcoin’s value has significantly increased, reflecting its growing impact in enabling online commerce and financial services for the unbanked global population.

For more updates on Boon DAO, check out their Twitter page.

14. John DAO: Community Hub for Internet Computer Discussions

John DAO appears to be a community-driven platform focused on the Internet Computer (ICP) ecosystem. It engages users in discussions about various aspects of ICP, including its technology, applications, and market dynamics. The platform seems to encourage active participation and proposal creation, fostering a space for sharing insights and opinions on ICP-related topics. It’s a hub for enthusiasts and experts to debate, speculate, and exchange ideas about the future and potential of the Internet Computer and its community.

For more updates on John DAO, check out their Twitter page.

15. ICPSig: Revolutionary MultiSig management on Internet Computer

ICPsig revolutionizes asset management on the Internet Computer Blockchain, offering an enhanced MultiSig experience. It simplifies transaction setup and execution, allowing users to create, simulate, and track on-chain transactions effortlessly. With features like an address book for managing multiple addresses and permissions and notifications for asynchronous MultiSig transaction signing, ICPsig elevates the user experience. Supported by the Dfinity Grants Program, it’s set to introduce more features like transaction notes, mini-apps, and tags for better organization and understanding.

For more updates on ICPSig, check out their Twitter page.

Wallet

16. AstroX ME: Multi-Chain Wallet for Simplified Web3

AstroX introduces the ME Wallet, a multi-chain smart contract wallet designed for seamless Web3 integration. It offers a self-sovereign passport for managing assets across various blockchains using a single username, eliminating the need for multiple chain-specific apps. The wallet supports easy creation via Google Account and features key rotation for enhanced security. Users can manage multi-chain assets, swap ckBTC for faster transactions, and enjoy convenient login and payment support for DApps through Connect2IC and WalletConnect.

For more updates on AstroX ME, check out their Twitter page.

17. Plug: Secure and Versatile Wallet for ICP Ecosystem

Plug Wallet is a versatile crypto wallet specifically designed for the Internet Computer ecosystem. It enables users to securely hold, send, and swap various digital assets like ICP, Cycles, NFTs, and other tokens. The wallet integrates seamlessly with IC apps, offering one-click access for a streamlined user experience. It supports the collection and management of NFTs, token management, transaction activity viewing, contact management, token swapping, and signing into dApps, enhancing the overall digital asset management experience.

For more updates on Plug, check out their GitHub page.

18. Stoic Wallet: Secure, versatile wallet for digital assets

Stoic Wallet is a versatile and secure wallet for the Internet Computer ecosystem, offering multiple ways to manage digital assets. Users can create new wallets with a random seed phrase, recover existing wallets, link wallets using Internet Identity, or log in via trusted third-party platforms like Google, Github, Facebook, or Twitter. It also supports hardware wallets like Ledger or Trezor, ensuring robust security for digital assets. Stoic Wallet stands as a comprehensive solution for seamless asset management in the Internet Computer environment.

For more updates on Stoic Wallet, check out their Twitter page.

19. Canister Store: Deploy and Manage Canisters with ease

Canister App empowers users to effortlessly deploy canisters on the Internet Computer, streamlining the process directly on the blockchain without custody requirements. It features a comprehensive dashboard for real-time token tracking, a canister store for managing your canisters, and an NFT marketplace for trading digital assets. The platform also includes a launchpad for new and upcoming projects, offering a seamless and user-friendly experience for both developers and users in the Internet Computer ecosystem.

For more updates on Canister Store, check out their Twitter page.

Games

20. Plethora: Immersive Web3 Gaming and NFT Platform

Plethora is a Web3 Launchpad Gaming World built on the Internet Computer, offering a rich and fulfilling experience for NFT enthusiasts. Supported by the Dfinity Foundation’s largest grant, Plethora enables NFT projects to launch with immersive experiences. Players can compete, have fun, and earn daily rewards from an abundant NFT Vault. The platform’s story began with a tweet, evolving into a strong community around the MoonWalker NFT collection, driven by a dedicated team with a vision for a life-changing web3 gaming world.

For more updates on Plethora, check out their Twitter page.

21. Cosmicrafts: Epic Sci-fi saga with Crypto Rewards

Cosmicrafts is a free-to-play, metaverse-based real-time strategy (RTS) game set in an expansive sci-fi universe. Players command their fleets and build Galactic Empires, engaging in strategic battles for glory while earning real cryptocurrency. The game leverages the power of the Internet Computer to provide a decentralized gaming experience. It combines immersive gameplay with the opportunity to earn through blockchain, appealing to both gamers and crypto enthusiasts looking for a novel and engaging metaverse experience.

For more updates on Cosmicrafts, check out their Twitter page.

NFT

22. Origyn: Blockchain-based Asset Authentication and Certification

ORIGYN is a unique platform focusing on the authentication and certification of both digital and physical assets. Utilizing blockchain technology ensures trust in remote transactions by providing a transparent and decentralized public registry. ORIGYN’s technology includes the ORIGYN NFT Standard for creating cost-efficient certificates, the OGY token for utility and governance, and the Perpetual Operating System for enhanced user engagement. It’s designed for traceability, authenticity, and traceability of assets, revolutionizing how we verify and transact valuable items.

For more updates on Origyn, check out their Twitter page.

23. ITOKA: AI-powered NFT Music creation

Itoka revolutionizes music creation by integrating cutting-edge AI and Web3 technology, making it effortless for anyone to become a musician. Users can customize and mint their music as NFTs without any prior musical knowledge. The platform allows sharing of music across games and the metaverse, enabling creators to earn while enjoying their creations. With a growing community and a roadmap for continuous development, Itoka is redefining music creation and ownership in the digital age.

For more updates on ITOKA, check out their Twitter page.

24. Yumi: Innovative Marketplace for Diverse NFT Assets

Yumi NFT Marketplace is a premier platform for trading both digital and physical asset NFTs. It offers a visionary approach to the NFT revolution, allowing users to explore, create, and invest in a wide range of NFT collections. Yumi provides a comprehensive service suite, including minting, launching, trading, and storing NFTs. The platform stands out for its unique offerings, like co-owned physical artworks and innovative ways to own physical gold, making it a hub for diverse NFT investments.

For more updates on Yumi, check out their Twitter page.

Tools and Infrastructure

25. Orally: Decentralized Oracles Dridging data to dApps

Orally Network is a decentralized, cross-chain Oracle platform that provides secure and reliable real-world data for smart contracts. It offers unparalleled efficiency and decentralization, supporting multiple networks with executed transactions. Orally ensures cost efficiency, full decentralization, and trustless operation, leveraging ICP’s advanced features like HTTP Outcalls and ECDSA threshold signatures. It’s compatible across chains, offering products like Sibyl and Pythia for price feeds, automation, and randomness, transforming dApps with real-world data and automated smart contracts.

For more updates on Orally, check out their Twitter page.

26. Juno: Secure, Efficient, Developer-Friendly Platform for Cloud 3.0

Juno is a comprehensive platform for Cloud 3.0, offering blockchainless solutions with minimal carbon impact. It provides passwordless authentication for maximum security and privacy, a convenient model for data storage on the blockchain, and efficient storage for user-generated content. Juno supports custom domain hosting for decentralized applications and offers anonymous, cookie-less web analytics. Designed for JavaScript developers, Juno offers seamless user authentication, an efficient API with TypeScript definitions, and developer tools for managing dApps and deploying projects with ease.

For more updates on Juno, check out their Twitter page.

27. Mops: Motoko Package Manager with On-Chain Registry

Mops is an on-chain package manager for Motoko, featuring a fully on-chain package registry. It supports various categories like Data Structures, Utilities, Cryptography, and more, facilitating efficient development on the Internet Computer. With a growing repository of packages and a significant number of downloads, Mops is essential for developers working with Motoko. It offers tools like stable memory and databases, aiding in the creation of robust dapps. Mops is integral for leveraging the full potential of the Motoko programming language.

For more updates on Mops, check out their Twitter page.

28. Internet Identity: Secure, Convenient, Private Web3 Identity Solution

Internet Identity offers a secure and convenient way to connect to dapps on the Internet Computer. It replaces traditional passwords with device-based passkeys, providing protection against phishing attacks and enhancing user convenience. Each dapp interaction generates unique authentication keys, ensuring privacy and preventing cross-app tracking. Users can manage their identity across devices and participate in the Network Nervous System (NNS) for governance. The open-source nature of Internet Identity ensures transparency and high-security standards.

For more updates on Internet Identity, check out their GitHub page.

Metaverse

29. Cubetopia

Cubetopia aims to revolutionize gaming as the premier decentralized multiplayer RPG/sandbox on the Internet Computer. It offers players a platform to unleash their creativity on distinctive blockchain-based islands. Leveraging NFTs, Cubetopia ensures authenticated ownership and permissions for these player-owned realms. Users can showcase and trade NFTs, collaborate, and socialize on these islands. Transitioning from a sandbox to a play-to-earn RPG, islands will generate essential resources, enabling players to embark on quests, confront monsters, and secure substantial rewards. Successful quests yield exclusive in-game assets, cosmetics, NFTs, tokens, and tools, enhancing the gaming experience.

For more updates on Cubetopia, check out their Twitter page.

30. Obsidian Tears: Community-Created On-Chain 2D RPG Ecosystem

Obsidian Tears is a pioneering 2D RPG ecosystem, entirely on-chain and community-created. Powered by the Internet Computer (ICP), it integrates NFTs and game assets stored on the ICP blockchain. The platform stands out for its no gas fees, low storage costs, and high transaction processing speed. A dedicated team develops the game, including a game scorer, storywriters, and a Unity developer. Obsidian Tears represents a significant advancement in on-chain gaming, leveraging ICP’s capabilities.

For more updates on Obsidian Tears, check out their Twitter page.

ICP: More than a Blockchain

ICP is not just a blockchain; it’s a complete reimagining of how decentralized applications can be built and interacted with. It offers a user-friendly, scalable, and sustainable environment for the future of the web. ICP is paving the way for a new digital interaction and creation era through its innovative features, robust infrastructure, and visionary leadership.

For more insights, updates, and to be a part of our growing community, follow ICP.Hub Balkan on Twitter and LinkedIn.

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ICP HUB Bulgaria
ICP HUB Bulgaria

Written by ICP HUB Bulgaria

Official Balkan #internetcomputer Hub. We are contributing to acceleration of Internet Computer and adoption within the balkan region. 🚀

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