An IP Address basically is the number assigned to your device of which is connected to the internet. Every device in the world has its own IP Address of which can be used by someone else to locate your device that you are using, basically meaning finding your location. If someone has your IP Address, they basically have the ability to track you down and gather more information that may be located in your device. So, make sure your computer or device has some form of protection and security to hide your IP Address while navigating the internet so it does not fall into the wrong hands. The company ICANN distributes and controls the IP Addresses that we have. If you want to know your own IP Address, simply go to settings>Network and Internet> then the WI-FI network your connected too. Under the spot saying Properties, you will find it. Other ways include going to websites like WhatIsMyIpAddress.com to locate your IP Address.
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