The Believe platform, which has recently gained popularity in the Solana ecosystem, has spawned a new narrative: "Internet Capital Market" (ICM), quickly sweeping through the crypto ecosystem.
What is the Internet Capital Market?
ICM is an "instant-global-permissionless" capital market model born on-chain. Through smart contracts, anyone can instantly turn an idea into a tradable asset, with funds flowing directly to the wallets of creators and builders, bypassing traditional venture capital or IPO approval processes.
ICM Formula: Meme × Mission × Momentum
・Meme: Memes and cultural narratives that attract attention and create discussion heat.
・Mission: The core mission of the creator or project, providing long-term narrative and goals.
・Momentum: On-chain instant fundraising and liquidity mechanisms that quickly convert attention into capital.
Breaking down ICM, it combines the "anyone can invest" aspect of crowdfunding, the "tradable assets" of traditional IPOs, and the "low threshold and entertainment" of meme coins, ultimately forming a smoother, more fun, and internet-native new financing method.
Therefore, in the world of ICM, "attention is capital," and "belief is liquidity." As long as the community is willing to believe and invest, price discovery can be completed on-chain instantly, allowing good ideas to quickly gain the resources needed for trial and growth.
How does Believe promote ICM development?
As the core driving force of this trend, the Believe platform allows anyone to issue and trade their own tokens by posting a tweet on X (Twitter).
When the market cap grows to $100,000, the token "graduates" and enters Meteora, a deeper liquidity market.
Project creators can link their X account to receive 50% of the transaction fee revenue, with the remaining 50% going to the Believe platform.
The raised funds will be released in stages to incentivize the sustainability of project construction.
ICM Track Targets (including but not limited to)
Launchcoin Ecosystem:
$DUPE (@dupedotcom): A price comparison website created by @nikitabier.
$GOONC (@basedalexandoor): A meme coin that went viral because its founder @basedalexandoor might be from OpenAI.
$BUDDY (@CreatorBuddyX): An AI assistant on the X platform.
$GIGGLES (@usegiggles): The founder has over 5 million app downloads and $15 million in annual recurring revenue.
$YAPPER: Currently the strongest Deepfake platform.
Other platforms also have ICM-related targets, such as $VINE (@rus) and $JELLYJELLY (@jellyvideochats).
Tools
Tools to track Believe ecosystem tokens include:
1. Believe Screener (@nanowisp):
2. Believe Launches (@0x_ultra):
3. Believe New Coin Monitor (@zen913):
Conclusion: The Rise of a New Track
The Internet Capital Market is gradually becoming a hot narrative for 2025, following DeFi in 2020, NFT in 2021, and AI Agents in 2024, another new track worth paying attention to. Solana's official Twitter has also posted to promote it, further attracting market attention to this narrative.
If mainstream platforms like CoinGecko classify ICM as an independent category in the future, it will further solidify the market's recognition of this concept, and investors need to pay attention and plan ahead.
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