Cohort 1 | Token Holder Report | ICM.RUN

This is a summary of what we worked on at ICM.RUN over the past 9 months, where we made progress, and what we’re focused on next.

$ICM — G5bStqnKXv11fmPvMaagUbZi86BGnpf9zZtyPQtAdaos

NFT’s — https://magiceden.us/marketplace/icm_investor_center_cult

Key Metrics

Active incubated projects: 9
Projects Applied: 1300
Audits completed or in progress: 2
Events attended: 22
Events Hosted: 2

Portfolio Breakdown

Average Equity Per Startup: 4%
Average Startup Valuation: $4m
Illiquid Value: ~$1,280,000
Token AUM: $100,000
Upcoming Tokens ICO: 8
Total Grants / Fundraising Across Portfolio: $1,450,000

If you own $ICM or an ICM NFT, you will have access to a “detailed” token holder report within the next week that will break down these positions in further detail.

Portfolio companies to follow: @trydapital, @tryallyapp, @fairdotclub, @Dominion_Market, @Tessera_PE, @EmpulserTech, @playableint, @gosaveapp, @bankwithveil.

How do Portfolio Companies Benefit $ICM Holders?

Foundation owns SPVs set up individually with each portfolio company
Portfolio companies agree to SAFE-T’s (equity + token)
When companies exit / liquidate / pursue public markets, the equity returns are managed by the foundation and are then placed in the DAO
Portfolio company tokens accrue within the DAO Token Treasury (7HeqgxkGEmar88tFHNzhzPbFozRgncUS4CFJdmWaZTq6)
Some teams have opted to explore revenue share with ICM.RUN; when these occur, these equally will be shared with the DAO’s staking pool

Learnings from Cohort 1

Building Trust: We’ve trimmed down our Mentors, including their token positions.

Our updated active mentor list will be going live with our next cohort

What Next?

Season 2 (Cohort 2) — We’re accepting 3-4 new teams this summer at ICM.RUN
We’re focusing longer term on equity with our portfolio vs just token positions
Increasing structured support for alumni teams, post incubation (distributionmaxxing)
Further cementing of recent relations with new partner-incubators like @yzilabs / @incubator / @MonkeFoundry
Spear-heading Tokenized Equity innovation with three of our existing incubated projects
Ideating our first Global Hackathon w/ @tryallyapp
Finishing our first fundraising rounds on @fairdotclub