一个新的范式正在出现：大声，快速和投机

一个新的范式正在出现：大声，快速和投机。它被称为Internet Capital Markets（ICM），有些人将其视为最令人兴奋的

Author: Choze , Crypto KOL

作者：Choze，Crypto Kol

Compiled by: Felix, PANews

编译者：菲利克斯，潘努斯

A new paradigm is emerging in the realm of cryptocurrency, characterized by speed, loudness, and perhaps, most importantly, speculation. It’s called Internet Capital Markets (ICM), and some see it as the most exciting development in crypto, while others see it as the most dangerous distraction.

一个新的范式正在加密货币领域，其特征是速度，响度，也许最重要的是猜测。它被称为Internet Capital Markets（ICM），有些人将其视为加密货币中最令人兴奋的发展，而另一些人则将其视为最危险的分散注意力。

As we transition into 2025, a wave of independent developers have begun issuing tradable tokens for internet-native apps directly on X (yes, that’s the place), utilizing tools like Launchcoin and Believe. The result is a permissionless marketplace where ideas are transformed into tokens, hype translates directly into capital, and speculation becomes a measure of product appeal.

当我们过渡到2025年时，一波独立的开发商已经开始直接在X上发布可交易的互联网应用程序（是的，这是一个地方），利用了LaunchCoin和Spelie等工具。结果是一个无许可的市场，将想法转变为代币，炒作直接转化为资本，投机成为对产品吸引力的衡量。

ICM has undoubtedly been garnering attention, but the bigger question isn’نامه

ICM无疑引起了人们的关注，但是更大的问题是'贵。