Launchcoin ecosystem warms up, which Believe ecosystem projects are worth watching?
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Launchcoin ecosystem warms up, which Believe ecosystem projects are worth watching?
The positive cycle of "ICM" is attracting an increasing number of Web2 entrepreneurs to join the ecosystem.
Navigating Web3 tides with focused insightsAuthor: kkk, BlockBeats
Since May, $Launchcoin has nearly exploded with a 300x surge, sweeping through various on-chain communities and becoming a new direction pursued by market capital. However, traders quickly realized that high-market-cap flagship tokens (such as $goonc, $startup) are mostly narrative-driven projects lacking genuinely launched products—contrary to the founding principles of the Believe platform.
Moreover, as incidents such as project teams deleting tweets and founders going missing became frequent, doubts emerged about the sustainability of the ecosystem represented by $Launchcoin. Subsequently, some high-quality projects gradually stood out due to clear product logic and stable operational pacing. As token prices recovered, these projects not only regained community trust but also revived sentiment around the platform token $Launchcoin, pushing its market cap back above $200 million.
Therefore, uncovering projects within the Believe ecosystem that truly possess growth potential has become a key path for discovering alpha. This article focuses on five promising projects, analyzing and summarizing their prospects.
Kled: On-chain intermediary for AI data
Kled is an AI data trading platform that acts as an intermediary between AI developers and data rights holders by providing video, audio, text, and other types of data. The project was funded $2 million by K5 Capital, which previously invested in Uber and Xai. Founder Avi Patel dropped out of the University of Illinois and has participated in multiple startups; he founded Nitrility (a music copyright platform) in 2023 and Kled in 2024.
Early $Kled prices一度 plummeted to zero due to smart contract deployment issues, triggering market panic. Later, clarification from founder Ben and continuous product updates from the dev team restored community confidence, driving the market cap up to $10M and leading to its listing on Moonshot.
On June 9, Kled V2 announced a major enterprise contract via Kled Pages, partnerships with YouTube, Twitch, and Google Classroom, and a joint hackathon with Stanford and UC Berkeley, potentially bringing significant B2B revenue and achieving scale effects. This news ignited FOMO in the community, sending $Kled to new all-time highs and establishing it as the current top project on the Believe platform, approaching a $40 million market cap.
The $Kled tokenomics also show flywheel potential: regular buybacks and burns funded by transaction taxes have already destroyed over 8% of circulating supply, creating deflationary expectations and price support.
Polycule: Polymarket’s Telegram trading bot
Polymarket gained fame after successfully predicting the outcome of the 2024 U.S. presidential election, disrupting traditional polling methods. Platform热度 and trading volume surged explosively following the election. However, Polymarket still faces regulatory scrutiny and investigations in the U.S., and access is blocked for American users.
Polymarket monthly trading volume, data source: Dune Analytics
Polycule is a Telegram-based trading bot that allows one-click access to Polymarket, bypassing domain restrictions via chat commands—solving a key usability pain point for U.S. users—and secured a $560k investment from Alliancedao.
Official endorsement from Polymarket fueled the first wave of price appreciation. Polymarket CEO Shayne followed the project’s official Twitter account, and when a user asked whether betting on Polymarket via Telegram was possible, the official account acknowledged Polycule as a valid solution.
On June 6, X officially announced a partnership with Polymarket, naming it the official prediction market partner. X will provide data-driven insights to Polymarket, while Polymarket's prediction outcomes will be fed back into X, enriched with real-time interpretations from Grok and related X posts, enabling explainable predictive data flows. This collaboration pushed $Pcule to a new all-time high.
Polycule charges a 0.01%-0.05% fee on each transaction, with 30% allocated to token buybacks and burns. The platform is well-positioned to expand its user base amid this momentum, further driving token value appreciation.
Knet: AI gaming development platform backed by a public company
Knet is an AI-powered natural language development platform for game developers, representing the Web3 AI+Gaming narrative. Unlike most on-chain AI projects, Knet is supported by a publicly listed A-share company—Kaiying Network (SZ.002517)—which reported over RMB 5.1 billion in revenue in 2024, boasting strong cash flow and rich industry resources.
Knet has partnered with Alibaba Cloud for GPU computing and cloud server infrastructure, and formed AI model collaborations with ARAI and Swarms—both backed by Sequoia Capital—giving it inherent advantages in technical resources and industry connections. On June 13, Alibaba Cloud’s public interaction with Knet on X triggered further market FOMO, pushing the token to a new interim high. As a project with a complete commercial chain and strong institutional backing, Knet is emerging as a typical model of “traditional enterprise + AI + on-chain mechanism.”
Jatevo: Decentralized inference platform for open-source LLMs
JATEVO is an AI platform focused on high-performance large language model (LLM) inference, offering services including DeepSeek R1/V3, Llama 4 series model inference, GPU computing resource integration, and rental. It aims to build global-scale AI infrastructure. The platform has already partnered with LandingCraft.id to deliver digital solutions for SMEs and established strategic cooperation with hardware providers. Its token $JVTO surged from a $100k to $7M market cap within a week—a 70x increase.
Users can pay for AI model calls and GPU rentals using $JVTO. Additionally, the project plans to introduce a staking mechanism allowing users to earn fee discounts and governance voting rights by locking tokens, further aligning long-term users with token value.
Fitted: Exploring the fusion of AI fashion and on-chain trading
Fitted is an AI-powered outfit styling and trading platform where users can upload photos of their clothes, use AI to generate fashion combinations, sell second-hand clothing, and share looks—aiming to create an AI wardrobe assistant.
According to the team, the Fitted app has surpassed 300,000 downloads, with over 1.2 million clothing items uploaded and total views of social content exceeding 300 million. The user base has evolved from being primarily female-focused to broader fashion enthusiasts, with notable male user growth since the rise of AI tool adoption.
Fitted has formed partnerships with several industry players. On June 4, it announced a collaboration with legendary film studio Paramount to launch co-branded activities commemorating the 30th anniversary of *Clueless*, introducing the concept of a "virtual wardrobe" into mainstream culture for the first time. The platform has also partnered with brands like Nike and The North Face.
Currently, the platform token $Fitcoin can be used to pay for AI styling recommendations and settle second-hand transactions. In the future, it will also serve governance functions such as voting on styling event themes and IP collaboration directions. Additionally, the platform implements a buyback-and-burn mechanism, using part of its revenue to periodically repurchase and destroy tokens. Meanwhile, Fitted is building an on-chain points system and user tier structure—users earn points through uploading clothes, engaging in interactions, and voting—which can be redeemed for $FITCOIN or exclusive in-platform items, gradually forming a closed loop from “usage → incentive → consumption” and enabling a flywheel effect on token price.
“ICM” Poised for Takeoff
On June 13, Believe platform founder Ben introduced a new anti-sniping mechanism aimed at addressing long-standing community complaints about projects being immediately front-run at launch. By implementing high transaction fees during the initial phase, the mechanism seeks to effectively deter short-term capital from rapidly seizing large amounts of supply, encouraging participation from those genuinely committed to long-term holding and project support. Ben stated that every project requires continuous refinement and construction, and more updates will roll out in the coming weeks.
The ICM (Internet Capital Market) narrative has long been a core theme promoted by Solana. Since its inception, the Believe platform has connected with thousands of entrepreneurs, demonstrating its effectiveness in practice: developers raise operating funds through token issuance, while on-chain users move beyond PVP dynamics to invest in projects committed to long-term development. This positive cycle is attracting increasing numbers of outstanding Web2 entrepreneurs to join the ecosystem, making the Believe platform a fertile ground for discovering alpha opportunities.
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