ICM.RUN | The First On-chain ICM Incubator
@icmdotrun is the first incubator built specifically for Internet Capital Markets on Solana.
We partner with leading launchpads to push their projects through a DAO-driven incubator and ecosystem that aligns mentors, founders, and investors.
The goal: help founders launch, scale, and govern internet-native markets without the chaos that plagued previous founders.
Holders of $ICM receive DAO tokens tied to real project success; all flows are on-chain and transparent.
What is Internet Capital Markets?
Internet Capital Markets (ICM) represent a transformative shift in how businesses, startups, research projects, movements, memes, and video games are launched and funded — as tokens on blockchain networks like Solana. This allows anyone with an internet connection and some SOL to participate in global capital markets.
So Why Aren’t We Just Building a Launchpad?
On our X Space with @LucaNetz (Mentor of @icmdotrun), Luca said something really important:
“ICM is one of the last golden buckets for crypto. It’s unclear today what the billion dollar launchpad will be and what their tech angle will be, but it’s clear that there are two positions: be the curator (@icmdotrun) or be the launcher.”
TLDR: It’s not our place to build the next competitive launchpad, it’s our responsibility as a DAO to support builders and launch our incubated projects where they stand the best chance of success.
How Do $ICM Holders Capture Value?
There are three different value accrual angles for holders:
1. Incubator
Pre-TGE Founder → Application → Mentor Vote → DAO Onboarding → Incubation → Treasury Growth → Distribution
- Founders apply to join ICM.RUN
- Mentors review, vote, and accept projects
- Accepted teams commit 1–5% of token supply to the DAO treasury
- DAO mentors and contributors support token design, GTM strategy, and ecosystem growth
- At the end of each DAO cycle, treasury tokens are distributed 1:1 to holders
TLDR: If you own 1% of $ICM, you own 1% of the DAO treasury.
2. Ecosystem
Post-TGE Founder → Partners → DAO Onboarding → Deposits Tokens To Treasury → Treasury Growth → Distribution
- Post-TGE founders request to join our ICM Founder Community
- Project meets with our Head of Ecosystem: @AndrewSeb555
- Accepting teams commit $700–$1500 worth of token supply to the DAO treasury
- Incoming project gets access to our community of mentors, founders, contributors and partners
- At the end of each DAO cycle, treasury tokens are distributed 1:1 to holders
3. NFTs
Incubated and partnering projects offer rewards to our NFT holders in the form of airdrops, WLs, presales, access and more!
PFP collection (free mint): https://magiceden.us/marketplace/icm_investor_center_cult
Why @icmdotrun is the Go-to Hub for ICM Builders, Launchpads and Traders
1. Positioning
Every single permissionless ICM launchpad / DEX, current:
- @believeapp
- @MetaDAOProject
- @pumpdotfun
- @MeteoraAG / @MeteoriteCol
Is partnered with us to incubate their best projects.
Every single permissionless ICM launchpad, upcoming:
- @LaunchOnSoar
Is partnered with us to incubate their best projects.
2. Distribution
@icmdotrun has built the largest network of:
- ICM Trading communities (6+; English, Mandarin, Korean)
- ICM Founder communities (170+ ICM founders / builders)
- Exclusive rights for coverage (LP Army + more)
Resources
Comprehensive deep dive: Docs.ICM.RUN
A Final Note
If you read this far down, I want to share some alpha with you. Being a fully onchain incubator gives us speed of going to market and positioning our DAO as the go-to community for ICM.
But this isn’t enough to attract the largest Web2 builders to come on chain. We will be announcing a new Venture Arm of the DAO mid November — its purpose is to build a sustainable flywheel to help us onboard the largest Web2 brands on chain. (More on this very soon.)