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ICM - Internet Capital Markets
Internet Capital Markets is an emerging concept primarily used in the cryptocurrency community, referring to the transformation of applications (app) or project concepts into tradable digital assets (tokens) via blockchain platforms (such as Solana). This model allows users to invest in these concepts by purchasing tokens associated with specific apps or projects, providing developers and entrepreneurs with new financing methods while also enabling investors to participate in the growth of early-stage projects.
Here are three specific examples to help everyone understand the application of ICM (Internet Capital Markets) in the cryptocurrency field:
Launch Coin (LAUNCHCOIN)
CA: Ey59PH7Z4BFU4HjyKnyMdWt5GGN76KazTAwQihoUXRnk
Platform:
Function: A SocialFi platform that allows developers to issue tokens through the "bonding curve" mechanism. Developers can set a target market value for the tokens (usually $1 million), and once reached, the project will officially launch on the Solana blockchain. Launch Coin is the central token of the Believe platform and may become its official native token.
In simple terms, imagine you have an app idea but need funds to develop it. With Believe, you can create tokens related to your idea, and investors can support your project by purchasing these tokens. Launch Coin acts as the main coin of this platform, helping the entire ecosystem to operate.
Dupe (DUPE)
CA:fRfKGCriduzDwSudCwpL7ySCEiboNuryhZDVJtr1a1C
Platform:
Function: A platform that provides an affordable alternative for consumer goods, with over 1 million monthly active users. Dupe tokens allow users to invest in the growth of the platform by purchasing tokens.