> For the complete documentation index, see [llms.txt](https://docs.icmstrategy.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.icmstrategy.fun/internet-capital-markets-icm-overview.md). # 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. #### **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.** --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.icmstrategy.fun/internet-capital-markets-icm-overview.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.