The crew dives into the reemergence of meme coin mania, drawing parallels to the ICO era and questioning whether Web2 founders are using tokens as a new form of capital raise. They break down the DeepSeek AI controversy, exploring its potential impact on compute costs, geopolitics, and OpenAI’s dominance. The conversation shifts to OpenSea’s token launch and what it means for NFTs, royalties, and creator-first marketplaces. Finally, they tackle the rise of tokenized real-world assets (RWAs), debating whether we’re entering the era of "Internet Capital Markets" or if it’s just another buzzword.

Mentioned in the episode

DeepSeek R1 https://x.com/deepseek_ai/status/1881318130334814301

Uniswap V4 https://x.com/Uniswap/status/1885329579495080248

SEC’s Rescinding of SAB 121 https://www.coindesk.com/policy/2025/01/23/sec-withdraws-controversial-crypto-tax-accounting-bulletin

Tether announcement https://x.com/Tether_to/status/1885340138328244393

Follow

Net Society: https://x.com/net__society

Derek Edwards: https://x.com/derekedws

Chris F: https://x.com/ChrisF_0x

Priyanka Desai: https://x.com/pridesai

Aaron Wright: https://x.com/awrigh01

(00:00) - The Meme Coin Resurgence: ICOs 2.0?
(04:12) - Introduction
(04:38) - DeepSeek AI & The Cost of Intelligence
(16:00) - The AI Compute War: Geopolitics & GPUs
(26:18) - OpenSea’s Token Drop: Revival or Rerun?
(35:25) - Tokenized Everything: RWAs & Internet Capital Markets

Ep16 Quarter Zips & Internet Capital Markets