Opportunities and Risks in the Online Capital Market from the Rise of Believe: Can ICM Lead the Next Bull Run?

The "Tweet-to-Issue Coin" model initiated by Believe is rapidly giving rise to a revolution in the Internet Capital Markets (ICM), known as the encryption capital revolution. This new ecosystem that combines community attention with instant financing not only reshapes the way creators access capital but also reveals the delicate balance between opportunities and risks in the online capital market. This article will focus on its dual-edged characteristics and delve into the capital wave led by Believe.

Believe how to ignite the ICM revolution?

"By posting a tweet, you can issue a coin." This statement is not a dream, but a real mechanism created by Believe called "tweet-to-token." As an extension of the SocialFi App Clout, which was all the rage earlier this year, users only need to reply to a tweet and tag @launchcoin + coin name to automatically create a coin on Solana.

(Clout: Redefining influence and capital in the SocialFi application, who is Pasternak? )

The specific operational process includes:

Bonding Curve ( Design: Initial restrictions on token supply, higher trading costs, ensuring long-term participation and curbing early speculative sniping.

"Graduation" system: Once the token market value reaches 100,000 USD, it can enter the DEX liquidity pool ) to launch the external market (.

50/50 revenue sharing: Creators and the platform agree to share transaction fee income.

On-chain researcher @simononchain categorizes this product as the "Network Capital Market )ICM(" concept, emphasizing: "This is not just a creation tool, but an entrance to monetization and participation in the future capital market."

The 3 Major Opportunities of ICM: Opening New Channels for Creation and Capital

Regarding the explanation of ICM, another researcher @ahboyash has a detailed introduction:

ICM is a decentralized, permissionless, instant, and global financing market that allows creators, developers, and project initiators to directly issue coin through community influence and obtain capital support.

This gameplay combines elements of crowdfunding, Initial Public Offering )IPO(, and meme coin issuance, but is more frictionless, interesting, and internet-native ) than traditional fundraising, and has the following advantages.

Democratized community financing: Breaking down VC barriers

Traditional entrepreneurs often rely on venture capital institutions and personal connections to raise funds, while ICM allows creators to raise funds with just a tweet.

Zero technical threshold: No programming skills required, anyone can issue coin.

Instant capital flow: Community belief will directly translate into token liquidity.

Lower the entry barrier for entrepreneurship: open the door to Web3 for Web2 developers and creators.

Attention is the reflexive flywheel of capital.

Community attention directly affects token performance, forming a "self-reinforcing positive cycle":

More creators ➜ More interesting projects ➜ Attract more users ➜ Increase trading volume ➜ Price and fundamentals improve ➜ Return to more creators

The support thrust of Solana

Solana provides a high-speed and low-cost environment, receiving full support from the Solana Foundation and Multicoin Capital. ICM has become an important engine for further expansion of its ecosystem.

The 3 Major Concerns of ICM: Regulation, Volatility, and Project Quality as Challenges

Regulatory risks remain shrouded in fog.

Although Believe defines its token as a "digital commodity" in an attempt to avoid securities regulation, the U.S. SEC has not provided a clear legal status for related projects. For example, while the SEC stated in February 2025 that meme coins are not considered securities, they will still be held accountable if fraud is involved.

( The SEC confirms that meme coins are not securities, but fraudulent activities may still face enforcement actions )

High volatility and bubble risk

Similar to meme coins, the price of ICM tokens is highly dependent on community attention. Once the hype fades, the price may quickly plummet or even drop to zero, posing a high risk.

Low-quality projects and Rug Pull risks

While anyone can issue coin to liberate creativity, it has also led to a surge of projects lacking substantial content, even resulting in fraud risks.

How should investors view ICM?

In the face of the risks and opportunities coexisting in the ICM, investors need to possess both foresight and vigilance. Specifically, attention should be paid to the following three points:

Project fundamentals: Prioritize tokens with real applications, active development, and transparent communities.

Diversify investments cautiously: Avoid heavy bets on a single coin to reduce overall risk.

Track on-chain data and community interaction: Use tools like Believe Screener and Launch Tracker to keep abreast of project dynamics.

Is it worth taking a gamble on ICM between opportunity and crisis?

Believe is not just a creation platform, but also a catalyst for ICM. It opens up a new capital path, allowing creativity to be exchanged for cash through community trust. However, this path is filled with uncertainties, especially when "tweeting can issue coin" becomes the norm in the market. How to ensure that value and trust are not completely consumed is a question that every participant should contemplate.

Of course, as @simononchain pointed out:

In the encryption market, investors often face the choice between "making money (make money)" and "being right (be right)", while in reality, the former often prevails over the latter.

It is understandable that the long-term sustainability of any trend is always uncertain, but the strong market frenzy and flywheel effect in the short term can still provide investors with substantial arbitrage opportunities.

This article looks at the opportunities and risks of the online Capital Market from the viral success of Believe: Can ICM lead the next bull market? Originally published in Chain News ABMedia.