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Help & FAQs

I’d like to know more about ICP tokens. When will this information become available?

The DFINITY Foundation will release more information closer to the public launch of the Internet Computer. In the meantime, please visit FAQs at dfinity.org

More answers about dfinity community airdrop

When will the ICP tokens be accessible?

ICP tokens will be unlocked and accessible shortly after public launch of the Internet Computer.

Do I need to complete a KYC verification again?

Previously, registered participants were required to complete a KYC verification to qualify to participate in the DFINITY Community Airdrop. For some participants, your original KYC may still be valid and sufficient for you to be eligible for a CoinList Wallet, while others may need to update information and/or complete additional verification procedures to gain access to a CoinList Wallet.

What can I do with my ICP tokens?

ICP tokens can be used in two ways:

ICP tokens can be used to create “Cycles” (aka, fuel): Software hosted on the Internet Computer must be charged up with Cycles in order to run. These act as fuel that the software consumes in the course of its normal operation, such as when it executes low-level instructions or maintains data in memory. To create Cycles, you have to burn ICP tokens. Because burned ICP tokens disappear, and Cycles also disappear when they are used to fuel computation by hosted software.
ICP tokens can be used to participate in governance: The Internet Computer network is controlled by an algorithmic governance system called the Network Nervous System (NNS). It will be possible to lock ICP tokens within the NNS to create “neurons” that allow you to vote on proposals that affect the network’s operation, and in return receive voting rewards in the form of additional ICP tokens.

If my ICP token allocation was 100+ CHF, what is my final allocation?

For registered participants who were originally notified that their allocation was “100+ CHF,” the final ICP token allocation awarded will be 120 CHF.

Where do I check my DFINITY Community Airdrop registration status?

You can check your airdrop registration status at https://coinlist.co/dfinity

How do I confirm my ICP token allocation?

You can confirm your ICP token allocation by completing the CoinList Wallet creation process and reviewing the placeholder ICP tokens in your wallet. You must use the email address related to your registration for the DFINITY Community Airdrop.

Whom should I contact for support?

For support relating to the DFINITY Community Airdrop or CoinList Wallets, please email team@coinlist.co.

How do I see my ICP token balance?

Once you have successfully completed the verification process to gain access to a CoinList Wallet, you will be able to see a representation of your ICP token balance in your CoinList Wallet.

Is signing up for a CoinList Wallet the only way to receive my DFINITY Community Airdrop token allocation?

Yes, you will need to sign up for a CoinList Wallet and pass the associated KYC verification if prompted, to be eligible to receive your ICP token allocation.

What are Internet Computer Protocol (ICP) tokens?

For the DFINITY Community Airdrop, DFN tokens will now be allocated as ICP tokens. As it relates to this airdrop, there is no difference between DFN tokens and ICP tokens, nor does it affect your allocation.

What if I’ve lost my registration details related to the airdrop?

If you do not have access to your registration details related to the DFINITY Community Airdrop, please reach out to team@coinlist.co. Inquiries will be assessed on a case-by-case basis, and there are no guarantees that we will be able to process your ICP token allocation.

Will I need to pay an administrative fee for the CoinList Wallet or KYC?

No, there is no administrative fee associated with the creation of your CoinList Wallet or KYC verification.

I’d like to know more about ICP tokens. When will this information become available?

The DFINITY Foundation will release more information closer to the public launch of the Internet Computer. In the meantime, please visit FAQs at dfinity.org

If I participated in the DFINITY Community Airdrop, how can I claim my ICP tokens?

If you participated in the DFINITY Community Airdrop, please head to https://coinlist.co/dfinity and click on “Check Your Airdrop Registration Status” to verify your registration.

You may be asked to ensure that your KYC info is up to date and that your airdrop allocation is connected to the correct CoinList account and wallet. Once your wallet has been connected, you will see your ICP utility tokens at https://coinlist.co/wallets.

What happens to ICP tokens that are unclaimed?

Participants in the 2018 DFINITY Community Airdrop will have 12 months to claim their CoinList wallet and ICP token allocation at this time. Wallets that have not been claimed by the end of this period will have their vested ICP returned to the DFINITY Foundation for use in future community programs.

What can I do with my ICP tokens?

ICP tokens can be used in two ways:

ICP tokens can be used to create “cycles” (aka, fuel): Software hosted on the Internet Computer must be charged up with cycles in order to run. These act as fuel that the software consumes in the course of its normal operation. To learn more about cycles, please visit [blog post]. If you’d like to begin building on the Internet Computer, you can access a cycle wallet at [link to wallet]
ICP tokens can be used to participate in governance: The Internet Computer network is controlled by an algorithmic governance system called the Network Nervous System (NNS). It will be possible to lock ICP tokens within the NNS to create “neurons” that allow you to vote on proposals that affect the network’s operation, and in return receive voting rewards in the form of additional ICP tokens. To learn more about neuron management, please visit: [blog post]. You can also get started on the [Internet Computer App].

What is the release schedule associated with ICP from the DFINITY Community Airdrop?

ICP tokens from the DFINITY Community Airdrop will release monthly on the 10th over a 12 month period directly in your CoinList Wallet.

If I participated in the DFINITY Community Airdrop, when will I receive my ICP tokens?

Your ICP tokens for the DFINITY Community Airdrop have been distributed to your CoinList Wallet at https://coinlist.co/wallets.

If I participated in the DFINITY Community Airdrop, where can I see my ICP tokens?

If you participated in the DFINITY Community Airdrop, you will be able to see your ICP tokens at https://coinlist.co/wallets.

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