Catalysts for ICM
Several forces are converging to make Internet Capital Markets a viable — and increasingly obvious — path for founders.
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Slower exits, lower valuations for Web2. High-revenue Web2 SaaS founders face slower exits and lower valuations post-AI acceleration, making ICM a viable option for new audience exposure.
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Sidelined product builders. Web2 physical and digital product builders with product-market fit (PMF) are often sidelined from crypto due to steep learning curves around supply control, FDV, and treasury management.
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The Web3-native skills gap. Crypto Twitter acts as a “Gauntlet / Blender” — leading to failures from founder insecurity or miscommunication.
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Technology advancements. Tools like Meteora and Believe enable founders to gain upside without owning token supply.
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Backing from top minds. ICM projects are getting backing from builders like @alliancedao, @lmrankhan, and @QwQiao, who built relevant products (e.g., @daosdotfun, @pumpdotfun, @believeapp, @timedotfun).
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“Project Crypto.” New regulatory frameworks clarifying what the US SEC deems a security.
To put it more bluntly: startups are now being created, monetized, and funded at the same speed as the internet and AI — leveraging an internet-based financial system.