# Internet Capital Markets (ICM) Overview

### What is ICM.RUN?

ICM.RUN is the first incubator on the Solana blockchain focused on ICM. It supports leading ecosystems such as @believeapp and @MeteoraAG, with a mission to accelerate high-impact teams as they enter the web3 space for the first time.

Launched on daos.fun last September 2025 with a total raise of 420 SOL, it aims to **create a decentralized incubator for Web3 founders** — a place where *mentors, builders, and contributors* collaborate to launch high-quality crypto projects with aligned incentives.

### Why ICM.RUN?

ICM.RUN is building the on-chain infrastructure that will incubate the next generation of Web3 projects — effectively becoming a decentralized Y-Combinator for crypto. As the ecosystem matures, demand for access to its DAO, mentors, and incubated projects is likely to drive long-term value accrual to $ICM.&#x20;

#### **Creating a strategic fund that accumulates and holds ICM "Investors Center Cult" NFTs and $ICM tokens early allows exposure to the upside of an expanding builder network before mainstream adoption.**


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