DFINITY releases new blueprint "Mission 70"! ICP price surges by 33%, the king of Internet Computer makes a comeback?

DFINITY Foundation officially released the new white paper “Mission 70,” personally authored by its founder Dominic Williams. This highly anticipated document presents an ambitious “70 billion market cap” development plan for the Internet Computer ecosystem, focusing on reducing network inflation, driving real application growth, and strengthening long-term economic sustainability.

Inspired by this major positive news, the ICP market responded with a surge. According to CoinGecko data, its price increased by over 33.5% within 24 hours of the announcement, briefly surpassing $4.73, demonstrating market positive feedback to this strategic shift. This is not only an update to the technical roadmap but also marks ICP’s attempt to move away from past high-valuation bubbles through a pragmatic, executable economic and governance reform, reshaping its narrative and value foundation as the “world computer.”

Strategic Shift: In-Depth Analysis of the Core Blueprint of the “Mission 70” White Paper

After a long cycle of public attention followed by deep adjustments, the creators of Internet Computer have finally issued a systematic “reform declaration.” Titled “Mission 70,” the white paper’s “70” directly points to a clear goal: to increase the network’s computing capacity by 70 times and to grow its ecosystem to a $7 billion market cap. This goal is not just empty rhetoric but built upon three interconnected pillars: economic model reform, application ecosystem focus, and a clear, execution-oriented roadmap, marking DFINITY’s critical shift from “technological idealism” to “economic pragmatism.”

The core reforms in the white paper primarily target the long-standing community criticism of inflation. Under the current economic model, to incentivize node providers and neuron holders, the network has generated relatively high inflation, exerting ongoing pressure on ICP’s price during market downturns. “Mission 70” proposes a set of concrete economic reforms aimed at reducing inflation and supporting the network’s long-term sustainability. While details are yet to be announced, market expectations suggest these may involve adjustments to minting rates, neuron dissolution delay reward formulas, or network burning mechanisms, with the fundamental goal of improving ICP’s scarcity model, making its value capture more closely tied to actual usage and growth rather than merely staking incentives.

Unlike many public chains that hype technological concepts, this white paper explicitly shifts strategic focus toward “promoting actual network usage.” It emphasizes that healthy ecosystem development must be driven by real applications and user demand. To this end, the foundation has formulated specific implementation plans with clear mechanisms and timelines, aiming to systematically lower the barriers and costs for developers to build decentralized applications on Internet Computer and optimize end-user experience. This shift from “what we can do” to “what the market needs” is a key step for ICP to break out of the niche geek circle and embrace mainstream developers.

“Mission 70” Core Action Plan and Goals

  • Core Objective: Increase the overall computing capacity of the Internet Computer network by 70 times, pushing the total ecosystem market cap to the $7 billion milestone.
  • Economic Reform Focus: Optimize the tokenomics model to significantly reduce network inflation and enhance ICP’s long-term sustainability as a practical asset and store of value.
  • Ecosystem Development Focus: Shift from technological exploration to application-driven growth, focusing on attracting and supporting decentralized applications that generate real users and traffic.
  • Implementation Assurance: Develop a roadmap with clear timelines and quantifiable metrics, emphasizing accountability and deliverables.
  • Market Immediate Feedback: Within 24 hours of the white paper release, ICP’s price rose from about $3.54 to a peak of $4.73, a 33.5% increase, with a significant rebound in market ranking.

Why Is the Market Buying It? Analyzing the Logic Behind ICP’s Price Surge

A white paper triggering over 30% instant increase is rare in the current relatively rational crypto market environment. ICP’s strong performance is not merely “news hype” but a complex market response based on a reassessment of the project’s fundamentals. First, technically, ICP’s price has undergone a thorough and prolonged bottoming process over the past year, with market bubbles largely cleared and holdings structure stabilized. Any substantial fundamental positive news can easily trigger strong price resonance in such a “low float” environment. The release of “Mission 70” provides a clear breakthrough point for the long-accumulated market sentiment.

Deeper reasons lie in the market reading DFINITY’s team’s resolute determination and clear correction path from this document. Since its mainnet launched in 2021, reaching an astonishing market cap, ICP has been controversial due to overly ambitious narratives, complex economic models, and relatively slow ecosystem application deployment. Its price has experienced a deep correction from its all-time high. This white paper does not shy away from these issues but directly addresses core pain points such as high inflation, few applications, and vague narratives, offering a “prescription.” This frank and pragmatic attitude has rebuilt some investor confidence, showing the possibility of project value reversion. The market rewards not a perfect past but a clear future.

Furthermore, the current crypto market narrative is shifting from pure financial speculation to “real applications” and “infrastructure utility.” Ethereum Layer 2 competition, Solana developer revival, all compete in ecosystem activity. Internet Computer, with its unique “reverse-gas” model and on-chain hosting of websites and systems, already has a differentiated technical story. “Mission 70” combines this technical story with clear economic incentives and growth targets, aligning with market preferences for “infrastructure projects with real use cases and economic models.” Beyond AI and DePIN concepts, the market also needs a mature narrative about “decentralized cloud computing” and “blockchain scalability,” and ICP is attempting to reclaim this position.

What Is ICP: Revisiting the Grand Vision and Technical Foundations of the World Computer

To understand the significance of “Mission 70,” we need to go back to the starting point: what exactly is Internet Computer? Simply put, it is a public blockchain network led by DFINITY Foundation, aiming to extend the functionality of the internet itself. Its core vision is grand—not merely running applications on the internet but transforming the internet into a global, decentralized computer. This means developers can directly build and deploy software, websites, and even entire internet services on-chain without relying on traditional centralized cloud servers, databases, or CDNs.

Achieving this vision depends on a series of groundbreaking technical architectures. The most notable are its “Chain Key Cryptography” and “Network Nervous System.” The NNS, as a fully on-chain, neuron-voting-managed decentralized autonomous system, handles governance, upgrades, and economic management of the entire network. The “reverse-gas” model is a key user experience innovation: end users interacting with DApps do not need to hold or pay cryptocurrency; gas fees are prepaid by developers via smart contracts. This allows Web2 users to seamlessly use services built on Internet Computer, greatly lowering the usage barrier.

The ICP token is the network’s core for economy and governance. It has three main functions: first, as “fuel” to pay for compute and storage resources (burned); second, as a governance tool, locked in neurons to participate in NNS voting and earn rewards; third, as collateral for node providers to ensure network security. However, the previous model’s high inflation designed to incentivize nodes and neuron holders has somewhat diluted token value. The economic reforms in “Mission 70” aim to optimize these dynamics, making token value more directly linked to actual network usage and growth rather than mere staking inflation.

Opportunities and Risks Under the New Blueprint “Mission 70”

Although “Mission 70” sketches an exciting revival blueprint for Internet Computer and has received positive initial market reactions, the road ahead remains fraught with challenges. The foremost is the ultimate test of technical scalability and stability. Increasing network capacity by 70 times is an ambitious goal, requiring not only more hardware nodes but also pushing the limits of underlying consensus mechanisms, subnet communication, and data storage efficiency. Balancing high-performance scalability with maintaining decentralization and security comparable to Bitcoin or Ethereum will be an ongoing challenge.

Second, the “cold start” dilemma of the ecosystem persists. While the white paper emphasizes practical applications, attracting top developers and mature projects to migrate or build natively is not easy. Ethereum and its Layer 2 solutions, Solana, and others have already formed strong developer network effects and mature toolchains. Internet Computer needs to demonstrate that its unique on-chain architecture (like Canister smart contracts) offers irreplaceable advantages in development efficiency, cost, or user experience, and continue investing in developer education, grants, and incubation of flagship applications. Having a technological vision and economic incentives alone are insufficient to build a thriving ecosystem.

Finally, the most critical aspect is the team’s execution and community trust rebuilding. DFINITY has faced criticism for lack of transparency and delays in roadmap execution. The “Mission 70” white paper, signed by the founder, and its clear mechanisms and timelines are important steps toward rebuilding trust. The market will closely watch each milestone. Any significant delays or broken promises could quickly erode the recently regained confidence. Additionally, in the fierce competition among public chains, clearly communicating its complex technical advantages and telling a simple, understandable “value story” for ordinary people—rather than drowning in technical jargon—is an important challenge for the team.

In summary, the release of “Mission 70” marks a key turning point in the development of Internet Computer. It signifies the project’s transition from pursuing technological marvels in its “youth” to seeking sustainable growth and market value in its “adulthood.” If the proposed economic and ecological reforms are firmly implemented, ICP’s value fundamentals could indeed be reshaped. However, blueprints are ultimately just plans; the crypto world only trusts code and results. For observers and investors, the focus should shift from more grand declarations to verifiable data on network capacity, developer activity, user numbers, and on-chain revenue. The road to ICP’s “return to dominance” has truly just begun.

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