Internet Capital Markets will be the next trend #ICM 🚀
$VIRUS – a token issued by Pandemic Labs and linked to 2 games @addicteddotfun and @infecteddotfun.
Pandemic Labs is a type of social game studio. That is, the games run on a social platform. Currently, there are 2 main games:
- @infecteddotfun: 1.4 million wallets in season 1, showing strong engagement.
- @addicteddotfun: After being shilled by Solana through X, it attracted 100,000 registrations in just 10 hours and reached over 235,000 users registered before launch, indicating high viral potential.
=> Virus will be a utility and governance token for this socialfi game ecosystem. Therefore, the success of the VIRUS token will be tied to the development level of the game. The immediate advantage thanks to Solana support has already garnered a certain number of users.
2. Marketcap:
- FDV $3M, but market ~ $1.5M, quite small.
- Reason: 50% of the project's tokens will be locked for 1 year and gradually unlocked over the next 4 years. (Basically, this 50% of tokens won't affect much, but locking them will show users the team's long-term commitment and keep market supply low).
- The project launches through Believe Launchcoin and receives a small amount of support from the fund allocated for the Launchcoin ecosystem.
3. Reasons I included Virus in my portfolio:
- Following the ICM trend
- Officially supported by LAUNCHCOIN, Solana.
- Marketing is relatively stable across products.
- The $VIRUS token plays an important role in the ecosystem of socialfi games.
Why ICM - Internet Capital Markets?
- The trend of fundraising in web2 has been declining in recent years. It sounds hard to believe because people have been investing in startups there for a long time. However, this year has witnessed a record drop in the U.S. fundraising market over the past 9 years.
- Everything the U.S. does is driving Crypto, it's very clear. The same goes for fundraising.
=> The trend of fundraising is shifting to web3.
- ICM represents a model change in fundraising, allowing anyone to tokenize ideas, applications, or communities on-chain, overcoming traditional barriers like venture capital or IPOs.
- ICM leverages the scalability of Solana to democratize fundraising activities. Projects related to ICM align with the trend of tokenizing real-world assets (RWA) and innovation in DeFi.
Potential projects:
- Leader narrative: $LAUNCHCOIN. Represents the keyword ICM, backed by Solana with a $1M investment.
- Representative memecoin: $GOONC
- $PCULE: A project supported by Polymarket. The product has demand, generates volume, and collects fees. Invested $500k by top 1 Solana ventures.
- $AIXBC: A decentralized venture focusing on the ICM project group. Strongly supported by the Launchcoin team.
- $DUPE: Among the top leaders, has a strong web2 business model. Not prioritized much due to a fairly average cap and the web2 business model not being attractive enough to drive tokens in web3. However, it is also a safe choice if entering the ICM ecosystem.
- $VIRUS: A platform built for socialfi games. It is the second project announced to be supported by Launchcoin.
- $ORGO: A project developing Computer, a type of DePIN but focusing on computer resources for developing AI Agents. It is the first project officially announced to be supported by LAUNCHCOIN.
On the Base side, there are 2 projects: $RIZZY and $YUUKI, which I shared information about in the livestream, just noting here for those who missed the information.
6.04K
28
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.