What is the ICM narrative: Tweets as tokens, does Believe make venture capital more democratic?

ICM is a blockchain-driven hybrid model of fundraising + structured marketplace + online community. This article is from an article written by Pink Brains and Blockworks Research, and is compiled, compiled and written by TechFlow. (Synopsis: After Ripple was licensed by the DFSA in the United Arab Emirates, Zand Bank and Mamo expanded blockchain payments) (Background supplement: Fubon Titan's record washes the bottom: Taiwan lottery vs. Blockchain Web3 odds are so different? The crypto market has never stopped redefining the way tokens are issued: ICO / IEO → IDO → Fair Offering / Launchpads → Points Farming Model → Bonding Curves If you missed it, the new trend could be ICM (Internet Capital Markets). @believeapp is disrupting project financing on Solana with its "tweet-as-token" model. This model allows anyone to issue tokens by replying to a single tweet. Currently, it has become the third largest memecoin distribution platform after @pumpdotfun and @MeteoraAG. What is ICM? 2017 – 2022: Anonymous users create Memecoins. 2023 – 2024: Anyone can issue their own tokens, but more for entertainment. 2025: Everyone can tokenize ideas and raise money over the internet, like a "decentralized Y Combinator". This is a hybrid model of crowdfunding + structured marketplace + online community powered by blockchain. What does ICM look like? Let's say you develop a cool app and it catches fire and you want to raise money for the next stage. You have the following options: Book a venture capital (VC) meeting, endure 50 rejections, and possibly lose control of the project; Work Kickstarter and pray that strangers believe you; Or simply "tweets as tokens" to get funding from your community in real time, without middlemen. People who like your project directly become your early investors. That's the beauty of the Internet Capital Markets (ICM). @believeapp How to achieve all this? The answer lies in its "tweets as tokens" model and its flywheel effect: you send a tweet to build a token; Bonding curve initiates transactions; When the token market cap reaches $100,000, it can "graduate" into Meteora's deep liquidity pool; The commission is divided 50% between the creator and Believe; If your project stands out, the Believe App will highlight it on the platform; Founders receive funding in phases. Unlike the points model or private sales, Believe's model lowers the threshold for token creation to just one tweet. This permissionless capital creates a reflexive cycle: more creators → better distribution → more traders → more fees → more creators. What is the vision? Democratizing venture capital Users can simply reply to a tweet and enter "@launchcoin + name" to mint a new token designed to convert online attention into permissionless capital. This significantly lowers the threshold for issuing tokens on Solana. Over 5,000 tokens have been launched on the Believe platform in the last 24 hours. This achievement made it third in terms of the number of tokens issued, with a market share of 14%. The new token starts with a bonding curve and has an anti-rush fee. If the market cap reaches $100,000, these tokens can "graduate" into the Meteora decentralized exchange (DEX) pool for deeper liquidity. Creators receive a 50% transaction fee, which incentivizes more people to participate. @believeapp adoption is very fast, targeting "utility coins" and targeting Web2 developers. There is a gap in the market in the undervalued venture capital business, and Believe is expected to fill this gap. However, regulatory uncertainty remains high. Believe refers to tokens as "digital merch" rather than equity, but SEC scrutiny remains a key source of uncertainty. The market is extremely volatile, similar to memecoin, which means that there is the potential for quick gains, but also the risk of serious losses. Believe's "tweets as tokens" is a fascinating SocialFi experiment that provides unprecedented convenience for token issuance. However, its sustainability depends on its ability to create real value beyond the hype. Why is everyone interested? ICM is at the right time: this is the era of "vibe coding", ICM fills the gap where low-valued Internet ideas cannot adapt to the traditional venture capital model; Social media becomes a distribution engine; Memecoins have proven the power of community; Solana is driving this new narrative. How are @believeapp performing? The performance is very impressive. The Believe App currently ranks third in terms of circulation, behind @pumpdotfun and @MeteoraAG. More than 13,000 tokens have been issued, accounting for 14% of the market share, and the 24-hour fee income has exceeded $9 million, which is staggering. ICM Projects Here are some of the popular projects issued through @believeapp's Launchcoin: Among them, $LAUNCHCOIN (launched by @launchcoin) peaked at $352 million (50x increase in 3 days). Materials may change as they are read. Other token issuance platforms on Solana: @pumpdotfun, @MeteoraAG, @RaydiumProtocol: Solana's earliest meme coin factory; @boopdotfun: A newer, KOL-centric distribution platform that offers structured rewards, including airdrops and $BOOP stakers' commission share. What Believe App is doing is full of SocialFi energy: Can frictionless token building build a real ecosystem? Or will it be crushed by its own hype cycle? We can't be sure at this time. But you'd better explore carefully, because everyone is watching how it all goes. Related reports SEC's latest FAQ solves crypto regulation: will the government lose money if the broker fails? Is blockchain accounting legal? Xiao Feng's lesson for blockchain entrepreneurs: I started from 201...