Binance has introduced the concept of Internet Capital Markets (ICM), a blockchain-based financing model. It allows creators to issue tokens directly on chain to raise funds, bypassing banks and venture capital, with the market determining capital allocation.
Techub News said Binance has put forward the idea of Internet Capital Markets (ICM). Under this setup, creators raise money by issuing tokens on-chain, without relying on banks or venture capital, and the market decides for itself where capital flows.
ICM is a new blockchain-based financing model meant to simplify fundraising. Creators issue tokens directly to the market to get funding, rather than going to traditional bank loans or venture capital.
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