The Bad Crypto Podcast

Memecoins on Bitcoin

Oct 2, 2025
Bob Bodily, CEO of Toniq Labs and creator of Odin.fun, shares his insights on the future of Bitcoin memecoins and the innovation behind his platform. He explains how Odin.fun simplifies token creation with no gas fees, making trading effortless. Bob discusses the technical strengths of the Internet Computer and its potential to drive cross-chain capabilities. He also predicts a significant shift in crypto by 2030, emphasizing the arrival of DeFi on Bitcoin and the transformative power of new token standards like Runes.
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INSIGHT

ICP's Technical Strength Overcomes Bad PR

  • Bob Bodily argues ICP is technically exceptional despite poor sentiment and price history.
  • He highlights ICP's cross-chain threshold signing as ideal for building Bitcoin apps.
ANECDOTE

Tonic Labs' Multi-Stage Pivot

  • Tonic Labs launched an ICP NFT marketplace in 2021 and later pivoted as NFTs cooled.
  • They built Stoic Wallet, Entrepo, then moved into cross-chain and ordinals work with Bionic.
INSIGHT

Collectors Prefer Base-Layer NFTs

  • Users resist moving NFTs off Bitcoin or Ethereum to sidechains despite technical benefits.
  • NFTs often remain on base layers because collectors value on-chain permanence and visibility.
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