Internet Computer's Smart Contracts are Hosted Entirely On-Chain
GM everyone. I am gonna speculate here for a second. Since launchpads started becoming too aggressive, there was no other platform for the community to launch NFTs.
But GHOST Broke through the barrier. They teamed up with ICPSquad and did it. The DEX had an inbuild NFT Marketplace
There's so much going on in here that it's almost crazy.
What's up with $GHOST, and Why is it Mooning?
I'm predicting a 15 - 30 Million Dollar cap for $GHOST(s) until the dominoes start falling. This is not financial advice in any form, manage your risks and stay safe.
IC Ghost and DSCVR will create the next cycle of Meme NFT mania on the Internet Computer. IC Ghost could also become the next decentralized meme coin on ICP.
The total supply of Ghost tokens is 10 Billion Tokens, of which 51% was distributed among holders of 10,000 Ghost NFTs.
I do not wanna make criticisms about the noticeable 900M tokens allocated for marketing, they are distributed to community members all over the ecosystem leveraging seamless integrations possible with composable Canister smart contracts i.e. ICP's building blocks on-chain compute units.
ICP community users witnessed and experienced the dapps seamlessly collaborating on executing zero-gas Token & NFT airdrops to Internet Computer's native on-chain web3 social media DSCVR's user profiles.
DSCVR distributed 42,069 $GHOST tokens each to around 1200 of its top users. It also enabled a feature where users could tip each other Ghost tokens on posts.
Being an ICP-hosted asset, it can be traded at zero gas asynchronously with secure smart contract protocols. $GHOST Token is already up 100x from its genesis BTW.
ICP: The Token Cloud For Web3 Internet
Internet Computer (ICVM), is practically a Turing complete blockchain-powered infinitely scalable robust virtual machine on the Internet.
Users just need an Internet connection and an intact browser to use the dapps of the Internet Computer Protocol blockchain.
Internet Computer Protocol is an ever-evolving blockchain, thanks to its Open Algorithmic on-chain governance DAO called Network Nervous System.
NFT Activity Moons because of $GHOST Token and IC Ghost NFTs
The contributors develop, maintain, and upgrade the protocol seamlessly with the Network Nervous System through a series of proposals.
Organic growth along with 900 Million $GHOST tokens allocated for marketing is worth potentially worth millions of dollars in the hands of the GHOST team or the community members.
I don't mind seeing this in the hands of the community & the project is onboarding hundreds of users to the network. There are already more than 20,000 Wallets holding GHOST Tokens.
source: nftgeek.appThings to Know If You are new to GHOSTinggg
The Single Point of Failure for this project seems to be the canister controller and project governance. There are no charts on ICPSwap's interface, seems deliberate at this point to extract maximum value from Retail.
Again, its none of my busines tho. If anyone is buying into GHOST, they can think for themselves, even though a child could do it with ease if it is taught to.
That is the advantage Internet Computer offers over traditional blockchains.
ICP offers 'A seamless Web3 experience for users via only utilizing the autonomous on-chain smart contract software and services, without ever making users pay any gas fees for every smart contract interaction.'
Everything on #ICP is a smart contract interaction, both Front-end, and Back-end. It is a full stack blockchain compute layer on the Internet
That's it for this post. Reach me on Twitter if you want me to cover something exciting happening in the Ecosystem.