> For the complete documentation index, see [llms.txt](https://cripco.gitbook.io/cripco_main/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cripco.gitbook.io/cripco_main/business/ip3/what-is-ip3.md).

# What is IP3?

![](/files/jHogR945ATA3YzkOHVTh)

$IP3 is an ERC-20 token on the Ethereum blockchain and is the primary utility token in the CRIPCO ecosystem. 

$IP3 token holders can participate in various activities, such as buying and selling NFTs, participating in CRIPCO DAO governance, and participating in sweepstakes.

Additionally, the $IP3 token can be used as a store of value and medium of transaction.