jakiro
Author: Dynamo DeFi; Translation: Bitchain Vision xiaozou
1. What exactly is“Internet Capital Market“?
In short, they are real businesses built on the chain.
These applications are not necessarily purely “crypto” applications—they exist not to facilitate token speculation, but to integrate tokens into functional components.The effect is reflected in:
– Quickly open up profit channels for developers
-Build a viral user growth mechanism
-Let users share the dividends of application development
This article will analyze its essence, explain Believe’s ecological positioning, and list the core projects you need to pay attention to.
2. The future of the Internet market
Blockchain directly hits three major pain points in the global capital market: lack of liquidity, high access costs, and failure of settlement system.
Solana proves to be the perfect decentralized Nasdaq.But his ambitions go beyond that.
The core concept of Internet Capital Market (ICM): Combining revenue-generating Web2 websites/games/products with the capital formation advantages of Web3.
Independent game developers may miss the $20 million seed round of financing, but if they use the Believe platform to issue game currency in 5 minutes, it is obviously more practical to make profits through handling fees.
So, real needs exist.Believe is opening up revenue-generating channels for builders, while attracting traffic and new users for its products.
3. Who is leading the trend?
Currently, related activities are mainly concentrated on the Believe platform (predecessor Clout, token LAUNCHCOIN).LAUNCHCOIN once soared 10 times within 24 hours.
Simply reply to @launchcoin+ name in any tweet and it can be tokenized.
The generated Solana tokens can be traded on all Solana-enabled decentralized exchanges (including Phantom, DexScreener, Jupiter and other platforms).
4. WithPump FunWhat’s the difference?
Believe is committed to solving a core problem.Almost all tens of thousands of tokens born during the meme fanaticism in 2024 are scams.Even if there are tokens that are not completely scams, they lack practical utility.
What are the missing issues of these tokens?The answer is trust.
In the final stage, there are very few buyers who truly believe in meme coins, leaving only traders who want to enter and exit quickly.
Believe puts trust first and publicly emphasizes transparency and authentic products.They are committed to making it easier for builders to attract funds to provide products to users.With the help of the Internet capital market, this has become possible.
Believe also performed well in key links: First, they motivated builders vigorously.
At the same time, eliminate friction – just one X tweet is required to issue tokens, making viral spread possible.
The bonding curve mechanism is started when issuing the token.When the market value exceeds $100,000, you can upgrade to Meteora to obtain deeper liquidity.
To prevent sniping, dynamic transaction fees are adopted: early buyers’ transaction fees are extremely high, but gradually drop to 2% as the transaction stabilizes.
The transaction fee is shared by the creator and Believe platform.
We appreciate Believe’s minimalist style.Its “Operation Manual” page shows that the team is well aware of market demand.
The following tweet was outdated in just one day – LAUNCHCOIN’s market value has exceeded US$200 million.
The data at the time of writing are as follows:
5.BelieveEcological first launch project
(1)NOODLE
(2) DUPE
The full name is Deal Unlocking Price Engine.Once informed of its needs, its pattern recognition technology will look for cheaper alternatives (“dupes”).
(3)BUDDY
Post a post on X platform to get rewards.
(4)Inflight
On-demand design feedback service provided by former Meta&Tinder product designers.
(5)Fitted
Virtual wardrobe AI application, downloads of 300,000 times.
(6)Giggles
Emerging social media app, with more than 100,000 downloads.
7. Simple evaluation framework
A large number of ICM tokens have emerged on the market, filled with all kinds of noises.
To accurately evaluate these projects, a hybrid strategy is required: semi-speculative thinking and semi-fundamental analysis.
The basic evaluation framework is as follows:
-Viral transmission degree: Track market value, trading volume, platform X sentiment and product attractiveness.These tokens will upgrade to Meteora when their market cap reaches $100,000, so monitoring transaction volume/mind ownership is crucial (there are also arbitrage opportunities for small-capital liquidity mining).
-Builder credibility: These are on-chain businesses and should be examined as much as evaluating traditional enterprises.Pay attention to: founder background, existing progress (user base, revenue source, transparency.
The core advantage of ICM is that the founder of Web2 with successful experience takes charge of Web3 construction.Focus on evaluating the builder’s industry experience and execution capabilities.
-Profit potential:Combining the Web2 model (subscription system, advertising) and the Web3 token economic model (Believe’s operating manual recommends that builders avoid income dividend design to comply with supervision, but this is still a feasible direction).
Scalability on both Web2 and Web3 is crucial.
The rotation effect will continue to be significant.The extra advantage of this track is that despite the volatility and noise, application users can support builders they trust and truly love products.
With the implementation of crypto-friendly policies and the global evolution toward the Internet capital market, these tokens may eventually evolve into equity.But for the moment, we are still stuck in the meme coin wave.
8. Future trends
LAUNCHCOIN and all Believe tokens will receive more practical features.
New features allow builders to enhance the utility of tokens without independent development.This is a zero-code encryption solution to add token functionality to your product, and builders can easily expand the product matrix by just taking notes and clicks.
