AlphaTower

The ai16z of ICM is here. Many are missing the point of the @icmdotrun NFTs and the $ICM token. A cult is forming. This gives holders the best exposure to what could be crypto's most important sector. If you like utility, this is for you. Here’s what you need to know. 🧵 ↓ ———————————————— ➡️ What is ICM? The concept of ICM is something crypto has been asking for/needing for a LONG time. It's a movement where Web 2 entrepreneurs build genuine revenue-generating products / companies that drive real-world change. ———————————————— ➡️ What is @icmdotrun? It's an ICM DAO. An incubator where these types of ICM projects can launch, get support, and have a better chance of success. Entrepreneurs get resources, exposure, and information needed to build in Web 3 through a network of strong/experienced mentors, contributors, and minds. [ info about who’s involved will be in the next tweet; some are prev- Pudgy Penguin, Avax, Animoca Brands, DAO Maker; others are at Believe, Meteroa, etc. List goes on and on. HUGE minds have come together on this. ] They have started accepting applications, ~70 founders have already applied, and only ones voted to move forward by mentors will be incubated. They plan on incubating 20-30 projects. So where do the NFTs come in? ———————————————— ➡️ Investor Center NFTs / $ICM Token Both give holders exposure to the value the DAO creates with these projects. The DAO will get 1-5% of each incubated project. Ultimately, this gives holders exposure to the entire ICM movement. Here's the utility of the NFTs & $ICM Token: - 1% of the DAO will be fractionalized and claimable by NFT holders (at the end of the DAO) - Each incubated project will offer additional rewards to NFT holders and token holders - NFT holders and token holders will get airdrops from other ICM projects (i.e. $SPLAT, maybe $MET too? 👀 ) - 4% of $ICM supply goes to NFT holders (snapshot already taken) At the end of the DAO, the DAO treasury is distributed proportionally to token $ICM holders (i.e. if you hold 1% of the tokens, you get 1% of the DAO treasury). Some of these 20-30 incubated projects could end up doing well if the teams execute, guided by some of the brightest minds in the space. ———————————————— ➡️ Conclusion We are on the ground floor of something special. CT has been begging for real projects that bring value to the space. Institutions are eager to get involved in a more meaningful way. Web 2 entrepreneurs want to build in this space. @icmdotrun is supporting great ICM projects by giving them what they need to thrive. NFT holders & $ICM token holders will be exposed to all of this. IN MY OPINION, this is a generational opportunity for utility lovers, ICM believers, and Web2 builders. This is where it all starts, and everyone can win. Bullieve in something.