ICP publishes tongue-in-cheek apology for building tech that proves Dapps don’t need AWS
The ICP team has issued a tongue-in-cheek apology boasting about running full-stack apps entirely on-chain, even as the ICP token remains down 99% from ATH.
- The ICP team issued a tongue-in-cheek “apology” bragging about the protocol’s ability to run full-stack applications entirely on-chain without the need for traditional cloud services like AWS.
- In response, several community members criticized ICP underwhelming price performance, which dropped from its ATH of $750 to just $6.
The Internet Computer Protocol ( ICP ) team has just released an unofficial apology for “proving that “ Decentralized Apps ” don’t actually need Amazon Web Services to run…” and for “shipping features today that other chains have scheduled for 2030.”
While the apology is clearly tongue-in-cheek, ICP is indeed able to host full‑stack applications entirely on‑chain. Its “canisters” are smart contracts that embed both application logic and data, and can serve web‑content directly to users, which removes reliance on traditional cloud services like those provided by AWS .
Some examples of full‑stack apps currently running on the ICP network include:
- OpenChat: A fully on‑chain messaging platform offering real‑time chat, file sharing and governance via a DAO, all implemented via ICP canisters.
- ICPSwap: A decentralized exchange built on ICP where both front‑end and back‑end logic are hosted on‑chain, enabling token swaps, liquidity provision and governance.
- Caffeine: A no‑code platform on ICP that allows users to create full‑stack web applications via natural‑language prompts, with the infrastructure all handled on‑chain.
ICP price down 99% from ATH
Some community members pushed back on ICP’s “apology,” pointing to the ICP token’s rocky performance. “I’m bullish, but that’s A LOT of shit talk for a project down 99%,” user @detta0215 wrote in a post on X.
Similarly, user @OzDefi said: “kinda wish you would have hyped the whole time, Im down 96%. I only have to get 40X to break even.”
For context, ICP has fallen sharply from its ATH of $750, reached 5 years ago, to just $6 today. However, it’s worth noting ICP price has recently staged an impressive rally of +240% , climbing from $2.80 to $9.50 at its peak.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: Long-Term Investors Increase Holdings Amid Price Decline: Crypto Market Faces Growing Uncertainty
- Bitcoin and Ethereum face bearish pressure as ETF outflows persist, with Bitcoin near $95,000 and Ethereum below $3,200. - Institutional players like BitMine and FG Nexus adjust strategies amid declining hash prices and liquidity concerns. - Technical indicators like Bitcoin’s death cross and Ethereum’s oversold RSI signal prolonged weakness, with JPMorgan warning of risks for MSTR . - Coinbase’s D'Agostino sees the selloff as a buying opportunity for long-term holders, though structural buyer accumulati
Bitcoin Updates: Nvidia’s Surge in AI Drives Bitcoin Price Swings Amid Growing Concerns of a Market Bubble
- Nvidia's Q3 revenue hit $57.01B, driven by $51.2B in AI-focused data center sales, fueling Bitcoin's initial rebound above $91,000. - Bitcoin later fell to $86,400 amid AI bubble fears, mirroring 2025's pattern as analysts link its volatility to macroeconomic anxieties and overvaluation concerns. - CEO Huang highlighted sustained demand for Blackwell architecture, while regulators and investors warned of systemic risks from AI's rapid adoption and market fragility. - Bitcoin's 92% correlation with Nasdaq
Institutional integration and the Telegram network establish TON as the emerging benchmark in cryptocurrency
- TON (Telegram-integrated blockchain) gains traction as Coinbase expands $TON trading, boosting institutional adoption and liquidity. - TON Strategy Company (NASDAQ: TONX) reports $588.2M in digital assets, underscoring confidence in the token's long-term utility. - Analysts highlight TON's Telegram-driven ecosystem (1B+ users) and partnerships as key advantages over slowing projects like Chainlink (LINK). - Coinbase's Brazil DeFi expansion and stablecoin integration reinforce TON's positioning as a "glob
CBO reduces Trump tariff deficit by $1 trillion amid legislative disputes regarding rebate proposals
- CBO revised Trump-era tariff deficit savings downward by $1 trillion to $3 trillion through 2035, citing policy shifts like China-EU-Japan tariff cuts. - Legal challenges question Trump's executive authority on tariffs, with courts ruling against overreach while Supreme Court reviews cases. - Political clashes persist over $2,000 "tariff rebate" proposals, with Republicans prioritizing debt reduction over direct payments. - Economic analysis shows mixed impacts: short-term deficit reduction but uncertain
Trending news
MoreCrypto prices
More
