If you're deep into the Solana ecosystem, you've probably heard the buzz around ICM projects—short for Internet Capital Markets. These are the kind of initiatives that flip the script on traditional funding, letting communities call the shots through decentralized platforms. They're all about fair launches, no shady VC deals, and real, ongoing development. Recently, Yash from SendAI (@yashhsm on X) dropped a tweet asking for exactly that: true ICM projects on Solana that fit strict criteria.

In his post from September 20, 2025, Yash laid out the rules clear as day—no private VC rounds, fair launched on a DEX (decentralized exchange), and still pushing updates with preferably live products. He even shared his initial list to kick things off, sparking a ton of replies from the community shilling their favorites. This thread is a goldmine for anyone hunting underrated gems in the meme token space, especially since many ICM projects have meme-like origins but pack serious utility.

Let's break down what makes these projects stand out. ICM isn't just hype; it's a model where tokens get launched fairly, often starting as memes but evolving into something more substantial through community governance and organic growth. Solana's speed and low fees make it the perfect playground for these, attracting builders who want to avoid the VC trap and focus on real value.

From Yash's draft list, here are some highlights (keep in mind, this is not financial advice—just community insights):

• Send: Yash's own project under SendAI, focused on AI-driven tools for Solana. It's bootstrapped and actively shipping features like token launchpads.
• Bonk: The OG Solana meme token that's turned into a community powerhouse. Fair launched, no VCs, and still expanding with integrations and events.
• Vibey: A vibe-check project blending memes with social features, keeping the community engaged with regular drops.
• Faf: Short for something fun—think fair and fast launches, with ongoing dev in DeFi tools.
• Cards: Likely referring to trading card games or NFT-based cards on Solana, building out playable experiences.
• Ore: A mining-inspired token that's evolved into resource management utilities.
• Meta: Could be meta-layer projects, but in this context, probably a fair-launched one focusing on metadata or metaverse elements.
• ai16z: A playful nod to a16z (Andreessen Horowitz), but AI-focused and community-built without their backing.
• Believe: Motivational meme turned project, with active staking and governance.
• Dark: Dark mode or privacy-focused, still updating with new features.
• Icm: Meta, but perhaps a project named after the concept itself.
• Arc: Archiving or arcade-style, fair launched with game devs.
• Alch: Alchemy-inspired, maybe token mixing or yield farming.
• Moby: Whale-themed meme with liquidity tools.
• Omni: Cross-chain or omnichain utilities, fair start.
• Collat: Collateral management, DeFi heavy.
• Avo: Avocado meme? But building out NFT marketplaces.
• Dupe: Duplication or copycat detector tools.
• Hustle: Grind culture meme with earning mechanics.
• Pcule: Possibly molecule or particle-themed, science memes.
• Apy: Yield-focused, auto-compounding.
• Anon: Anonymous transactions or privacy.
• Kled: Champion from games, meme with esports ties.

The thread blew up with over 200 likes and dozens of replies, where folks added their picks. For example, @mungimungimungi shouted out Asym, an AI trading agent in the works. @etrev0r plugged $PRGN from Paragon, emphasizing its fit. Even @orithellama from CipherWallet shared their bootstrapped journey, hinting at upcoming products.

One standout reply came from @LROCKNYC promoting $URA (@UranusPerps), a permissionless PVP perps platform on Solana. It's all about shorting or longing any SPL token, with a Solana Mobile app, partial open source, and a flywheel for funding new pairs—pure community-driven growth.

Another gem: @56Infinity_eth mentioned @IQ6900_, an 11-month-old project with major Q4 releases, all organic and fair-launched on legacy pump pools.

And @thelynkapp dropped $LYNK, powering crypto-native creators with NFTs, staking, and governance—complete with a visual tease.

Then there's @KingDEmark highlighting @Official_ApexAI, an AI-powered cancer detection tool with insane accuracy (95%+), way better than human docs. It's live with demos and tied to Solana via pump.fun launches. They even quoted a detailed post with market stats and upcoming approvals.

This thread isn't just a list—it's a snapshot of Solana's vibrant, grassroots scene. If you're a blockchain practitioner eyeing meme tokens, ICM projects like these offer a way to get in early on stuff that's community-vetted and actively evolving. They reduce the risks of rug pulls by emphasizing transparency and ongoing builds.

Want to dive deeper? Check out the full thread on X here and join the conversation. Who knows, your next big find might be lurking in the replies. Stay tuned to Meme Insider for more breakdowns on emerging tokens and tech trends in the space.