From obscurity to prominence: Web3 protocol celebrates growth with DAO-powered event

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The transformative journey of leading blockchain technology: Protocol brings the community together in a DAO-driven event, empowering connectivity for the Web3 landscape

.After raising over $100 million during the peak of the ICO boom in 2018, the Dfinity Foundation gathered a team of 200 cryptographers to bring to life a new blockchain technology: the

Initially, the ICP token faced a harsh reception with a massive price drop resulting from a series of challenges, including alleged market manipulations, poorly structured token unlock schedules and various operational setbacks. Despite these tumultuous beginnings, ICP’sby an impressive 490%, climbing from $2.93 to $14.37 and marking one of the first significant rallies of the emerging bull market.

During the ICPCC livestream, the ICP-focused event series will become a fully DAO through a decentralization swap sale. The newly formed entity, ICPCC DAO LLC, will then operate as a community-owned, self-sustaining, decentralized conference event series with an aim to celebrate The Internet Computer Protocol and broadcast how the ICP connects and empowers the broader Web3 space.

Aside from an investigative backdrop — from Los Angeles, United States to Zurich, Switzerland — the film also features interviews with prominent figures from the broader blockchain and crypto community, including Ben Armstrong , Bitcoin Renegade, Crypto WendyO and Jordan Mack.Fostering a new gathering around a token that was abandoned by its creators following a rug pull attempt, a stockbroker from New York led the revival of the CLOWN token’s community until it took on a life of its own.

 

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