Internet Capital Markets will be on various networks like eth, sol, base, arbitrum, hype but biggest value accrual goes to launchpads that own the liquidity, collect trading fees on swaps (+ use own token for liquidity + invest in top projects).
Part of the $clanker $zora thesis
ICP, tokenization (ICO) is happening rapidly on top crypto networks.
Generalized Launchpads pump & clanker get most flow.
Specialized launchpads virtual & zora can differ & get decent flow too.
Tokens like eth, zora, clanker accrue extra utility value when used for liquidity.
historically top crypto tokens, native network tokens, stables were used for liquidity pairs. recently new competition & token networks spun up.
1. Btc & Usdt on CEX (more stables?)
2. Eth on Eth & l2s, Sol on solana (stables & xyz too soon?)
3. Virtual, zora in their economies


Eth has the lead onchain.
Stables are eager to compete onchain & lock capital in LP (>earn forever) but gotta pay to play on CEXs.
It’s smart to bootstrap with your own economy if no artificial adoption barrier.
Zora > $zora (aggressive)
Clanker > $eth $usdc $clanker others
@clankeronbase should push farcaster tokens/economies/memes to denominate in clanker;
But let startups, projects, other ecos use the clanker framework with eth/usdc/their token
> optimal (liquidity, growth, stability, value accrual) solution for all
> max adoption & rev for all
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