{"id":21113,"date":"2025-05-16T07:29:45","date_gmt":"2025-05-16T07:29:45","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2025\/05\/16\/what-is-internet-market-capital-icm-why-is-everyone-talking-about-them\/"},"modified":"2025-05-16T07:29:45","modified_gmt":"2025-05-16T07:29:45","slug":"what-is-internet-market-capital-icm-why-is-everyone-talking-about-them","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2025\/05\/16\/what-is-internet-market-capital-icm-why-is-everyone-talking-about-them\/","title":{"rendered":"What is Internet Market Capital (ICM)? Why Is Everyone Talking About Them?"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Internet Capital Markets (ICM) is a concept that is drawing significant attention within the Web3 ecosystem, especially in May 2025, as the price performance of this narrative has outpaced nearly all other sectors.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Internet_Market_Capital_ICM\"\/><strong>What is Internet Market Capital (ICM)?<\/strong><span class=\"ez-toc-section-end\"\/><\/h2>\n<p><span style=\"font-weight: 400;\">Internet Capital Markets (ICM) is a capital market system built entirely on blockchain infrastructure, enabling developers or startups to raise funds directly from the community by issuing tokens that represent future ideas or products.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike traditional fundraising models that rely heavily on venture capital (VC) firms, ICM democratizes the investment process, allowing retail users to participate from the earliest stages.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to DexU.ai, the price index of tokens under the ICM narrative surged nearly 14% within 24 hours, outperforming categories like CEX, Lending, DeFi, AI, and RWA, signaling a strong influx of capital and attention into this trend.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What makes ICM stand out is its rapid deployment, instant liquidity creation, and high transparency. However, the model also comes with a high degree of speculation, as token valuations are largely driven by expectations and community attention rather than actual product value.<\/span><\/p>\n<div id=\"attachment_152906\" style=\"width: 1290px\" class=\"wp-caption alignnone\"><noscript><\/noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-152906\" class=\"lazyload size-full wp-image-152906\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/image3-13.png\" alt=\"What is Internet Market Capital (ICM)?\" width=\"1280\" height=\"446\"\/><\/p>\n<p id=\"caption-attachment-152906\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/dexu.ai\/overview\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">DexU.ai<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_the_ICM_Works\"\/><strong>How the ICM Works<\/strong><span class=\"ez-toc-section-end\"\/><\/h2>\n<p><span style=\"font-weight: 400;\">The operational process of an Internet Capital Markets project typically includes the following steps:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The process typically begins with a simple post on X, where a developer announces their token using a syntax such as \u201c$TICKER + Name\u201d. This triggers the automatic deployment of a token, initialized through a bonding curve with limited supply and high early transaction fees to bootstrap value and discourage early exit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From there, the token is live on Solana \u2013 the chain of choice for most ICM activity due to its low fees and fast settlement, with initial liquidity seeded via bonding mechanisms. If market participants find the idea compelling, speculative trading begins. The more convincing the narrative or community engagement, the faster the token gains traction.<\/span><\/p>\n<div id=\"attachment_152907\" style=\"width: 1216px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-152907\" class=\"size-full wp-image-152907\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/image2-12-1.jpg\" alt=\"How the ICM Works\" width=\"1206\" height=\"1206\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-152907\" class=\"lazyload size-full wp-image-152907\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/image2-12-1.jpg\" alt=\"How the ICM Works\" width=\"1206\" height=\"1206\"\/><\/p>\n<p id=\"caption-attachment-152907\" class=\"wp-caption-text\">Source: Believe<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">One of the key milestones is \u201cgraduation\u201d, triggered when a token\u2019s market cap reaches $100,000. At this point, liquidity deepens through integrations with Meteora pools, enhancing price discovery and stability. Builders can then claim 50% of all trading fees, with the other half going to Believe. Fee distributions are time-locked to align long-term incentives and prevent premature abandonment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the project succeeds in gaining attention, trading volume increases, and the developer receives a portion of the transaction fees as a reward. This provides an incentive to build an actual product, creating a self-reinforcing loop:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Token \u2192 community belief \u2192 market cap \u2192 product development \u2192 value creation.<\/span><\/p>\n<div id=\"attachment_152908\" style=\"width: 2010px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-152908\" class=\"size-full wp-image-152908\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/image1-17.jpg\" alt=\"How the ICM Works\" width=\"2000\" height=\"2000\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-152908\" class=\"lazyload size-full wp-image-152908\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/image1-17.jpg\" alt=\"How the ICM Works\" width=\"2000\" height=\"2000\"\/><\/p>\n<p id=\"caption-attachment-152908\" class=\"wp-caption-text\">Source: Believe<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">According to Believe.app, over 9,000 tokens have been launched with a combined market cap exceeding $350 million as of mid-May 2025. In some cases, developers have earned over $7 million in trading fees within the first 24 hours of launch.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Top_Internet_Market_Capitals_Projects\"\/><strong>Top Internet Market Capitals Projects<\/strong><span class=\"ez-toc-section-end\"\/><\/h2>\n<p><span style=\"font-weight: 400;\">The main platform behind the current ICM wave is Believe.app, which allows anyone to easily create idea tokens. The platform\u2019s native token, $LAUNCHCOIN, has reached a market capitalization of $192 million, making it a flagship representative of the decentralized funding trend.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some other prominent tokens within this ecosystem include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">$DUPE: Once surged 6x within a week but has since dropped over 55%, with its market cap now around $26 million, highlighting the extreme volatility of tokens in this space.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">$NOODLE: A meme-style token that experienced high volatility, plunging 54.5% within 24 hours, underscoring the high-risk nature of these assets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">$GOONC and $BUDDY: Emerging tokens with strong momentum, with $BUDDY posting a 1,146% gain in a single day.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In addition, data from posts on X show that over 31,000 wallet addresses have interacted with tokens on Believe.app, indicating strong community engagement across the Web3 landscape.<\/span><\/p>\n<table style=\"height: 390px;\" width=\"679\">\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Token<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Change 24h (%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Market Cap<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Holder<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">$LAUNCHCOIN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">+18%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">250M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">30,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">$DUPE<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-59%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">24M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">$NOODLE<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-61%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.1M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6,300<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">$GOONC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-55%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">26.2M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7,600<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">$BUDDY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-65%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.8M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3,700<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Opportunities_and_Risks_of_ICM\"\/><strong>Opportunities and Risks of ICM<\/strong><span class=\"ez-toc-section-end\"\/><\/h2>\n<h3><strong>Opportunities and Benefits<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">For developers, Internet Capital Markets open up a new path to accessing capital without the need for traditional approval or fundraising processes. They can raise tens of thousands of USD within just a few hours if the token gains strong community support.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For individual investors, ICM offers a chance to get in early on breakthrough ideas, with the potential for multi-fold returns if the project succeeds. This is reminiscent of the early ICO boom in 2017 or the DeFi Summer of 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For everyday users, becoming an \u201con-chain shareholder\u201d goes beyond simple trading \u2013 it includes participating in governance, proposing ideas, and receiving rewards from the project\u2019s growth.<\/span><\/p>\n<div class=\"b-cta-wrapper\">\n<div class=\"b-cta b-cta--inline\">\n<div class=\"b-cta__image\"><a href=\"https:\/\/nftevening.com\/recommends\/binance-news\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-wpel-link=\"internal\"><noscript><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2024\/05\/binance-logo-6219389_1280-300x300.webp\" class=\"image-fit wp-post-image\" alt=\"binance-logo-2\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2024\/05\/binance-logo-6219389_1280-300x300.webp\" class=\"lazyload image-fit wp-post-image\" alt=\"binance-logo-2\"\/><\/a><\/div>\n<\/div>\n<\/div>\n<h3><strong>Risks and Controversies<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">While Internet Capital Markets represents a bold reimagining of early-stage crypto fundraising, the model is far from risk-free. In fact, many industry observers are beginning to draw comparisons between ICM and previous speculative bubbles that promised transformation but collapsed under the weight of their own hype.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The first major risk is extreme volatility. Tokens within the ICM ecosystem are often created and listed within minutes, usually without a working product or roadmap. As a result, their prices tend to be driven purely by sentiment. When attention fades or narrative momentum stalls, the crash can be brutal.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, the token $NOODLE lost over 50% of its market value within 24 hours of launch \u2013 a pattern eerily reminiscent of the AI token boom in early 2023, when projects like $ALYX, $NUMA, or $GPT surged on buzz alone, only to lose 70\u201390% within weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The second major risk is fraud. With platforms like Believe.app allowing anyone to launch a token by simply posting on X, there\u2019s little to no identity verification or accountability. This low barrier has led to a proliferation of \u201cpump-and-dump\u201d schemes and rug pulls.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some developers build hype, attract retail capital, and exit before any real development begins, mirroring incidents seen during the <\/span><b>Ghibli Finance<\/b><span style=\"font-weight: 400;\"> trend in late 2023, where anime-themed tokens attracted millions in liquidity before imploding almost overnight.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The third and broader risk is the formation of a speculative bubble. ICM\u2019s rise bears striking similarities to past movements like DeSci (Decentralized Science). In 2022\u20132023, DeSci projects promised to revolutionize scientific research by enabling open funding through crypto tokens. Despite early hype and funding, most tokens failed due to poor delivery and limited real use.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some experts warn ICM may form a bubble, as many tokens lack real products. From a legal perspective, such public fundraising \u2013 if left unregulated, may soon attract scrutiny from regulatory authorities.\u00a0<\/span><\/p>\n<p>If ICM survives early volatility, it could grow long-term like the AI narrative did.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"\/><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"\/><\/h2>\n<p><span style=\"font-weight: 400;\">Internet Capital Markets are in the early stages of their development cycle, carrying both significant opportunities and considerable risks. They represent a new wave of democratized fundraising and innovation in turning ideas into tradable assets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, for the ecosystem to survive and grow sustainably, it must evolve in terms of governance, legal clarity, and product standardization. In a world where \u201ctrust\u201d itself can become a tradable asset, ICM serves as a critical test of the crypto market\u2019s maturity in the coming decade.<\/span><\/p>\n<blockquote>\n<p>Read more: <a href=\"https:\/\/nftevening.com\/free-crypto-signals-evening-trader-channel\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Trading with Free Crypto Signals in Evening Trader Channel<\/a><\/p>\n<\/blockquote>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/what-is-internet-market-capital-icm\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=what-is-internet-market-capital-icm\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Internet Capital Markets (ICM) is a concept that is drawing significant attention within the Web3 ecosystem, especially in May 2025, as the price performance of this narrative has outpaced nearly all other sectors. What is Internet Market Capital (ICM)? Internet Capital Markets (ICM) is a capital market system built entirely on blockchain infrastructure, enabling developers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/InternetCapitalMarkets.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/21113"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=21113"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/21113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/21114"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=21113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=21113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=21113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}