2020: DeFi → 2021: NFTs → 2024: AI Agents →
2025: Welcome to Internet Capital Markets (ICM).

ICM is coming in hot, outpacing everything else with mind-blowing growth. It already stole the spotlight from the $SOL ecosystem and is now going after the entire crypto market.

ICM’s narrative performance over the past 7 days: +2336%. For comparison, other sectors maxed out at around ~48%.

Narratives Price Performance. Source: Dexu

So what is ICM, and how do you ride this wave?

1️⃣ Rewind: How We Got Here – The Traditional Market Mess

Back in the 1960s, the US stock market was chaos. People were trading paper stock certificates faster than they could be processed.

  • In 1968, shipping losses hit $4 billion, causing the New York Stock Exchange (NYSE) to close 1 day/week.

  • Firms like Dempsey-Tegelera brokerage firm, went bankrupt – shipping debts were 2x their assets.

  • From 1969–1970, the market lost $400M.

To fix this:

  • Congress passed the SIPA Act (1970) → Created Securities Investor Protection Corporation (SIPC) to protect investors.

  • By 1975, the Depository Trust Company (DTC) centralized paper certificates digitally.

But while that solved the paperwork mess, it created a spaghetti of middlemen - brokers, clearinghouses, exchanges - all taking a cut.

2️⃣ What is The Traditional Stock Market Like Now?

Buying a stock? Here’s what happens:

  1. You place an order through a broker.

  2. Broker sends it to an exchange like NYSE/Nasdaq, or to a market maker.

  3. DTCC clears the trade.

  4. Ownership updates electronically — but only T+1 (1 business day later).

Every step involves fees, commissions, delays, and middlemen. Even worse, retail investors have no direct access - everything funnels through a broker.

And if DTCC has an issue? The entire market could freeze.

3️⃣ Enter ICM – The Internet Capital Markets Era

Source: @CristiWeb3

Now imagine a system where:

  • Anyone can raise capital.

  • No banks. No paperwork. No VC gatekeepers.

  • Just launch an idea → get a token → get funding.

This is a completely new way of playing, like a wide open financial market, anyone can jump in, no need to be rich or have connections. No IPO. No intermediaries. Just you and the internet.

From what I see, this model is basically similar to how Ethereum launched with ICOs, but now it has a new name and a different way of doing the Token Generation Event (TGE) — a new narrative.

People naturally love stories, especially new ones. That’s why ICM is gaining attention and creating waves in the Solana ecosystem.

Some are calling ICM the next-gen SocialFi, where memes, products, AI, and tokenomics collide 😂

In January 2025, founder Ben Pasternak launched Believe / LaunchCoin: just tweet “$TICKER + @launchcoin + Project Name,” and a bot will instantly deploy the contract on Solana, set up the liquidity curve, and send you the buy/sell link.

Source: @launchcoin

The token creator automatically receives 50% of the transaction fees — enough to kickstart the project if the community supports it. This seemingly “crazy” formula quickly spread: every idea, every story, even every joke can be “tokenized”.

And ICM officially became a hot keyword, even mentioned on Solana’s official X page.

Source: @Solana Official

⚠️ But because anyone can create tokens, there are many token scams with fake projects.

🔥 Quick Recap of BelieveApp - Top #1 Project in Narratives ICM

Source: Believe Screener

Token Mechanism:

  • Starts with bonding curve and anti-sniping fee

  • Once a token hits $100K market cap, it “graduates” to Meteora DEX

  • Creators get 50% of transaction fees – incentivizing content, creativity, community

Believe’s goal: Democratize venture capital, onboard Web2 users & developers into Web3. But keep in mind: SEC regulations and meme-level volatility are real risks.