What are ICP utility tokens?

The ICP utility token (formerly known as “DFN”) is the primary mechanism that allows the broader internet community to participate in the governance of the Internet Computer blockchain network. ICP can also be dissolved and converted into cycles, which are then used to run websites and dapps as well as power computations on the Internet Computer via canister smart contracts.


Learn more about what you can do with your ICP utility tokens from the other articles in our library: