About this episode
ICOs are suddenly back, but this time the projects are real, the mechanisms are better, and retail isn’t shut out. Ryan and David break down why MegaEth, Monad, Aztec, Zama, and Infinex are launching public sales all at once, how onchain auctions are fixing 2017’s mistakes, and what regulatory clarity means for U.S. participation.They also dive into the rise of internet native capital markets on Ethereum, the shift away from airdrop farming, and why fair price discovery could be a defining theme of 2026.------?SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium------BANKLESS SPONSOR TOOLS:?COINBASE | ETH & BTC BACKED LOANShttps://bankless.cc/coinbase-borrow?FRAXNET | MINT, REDEEM, & EARN https://bankless.cc/fraxnet?UNISWAP LABS | SWAP NOWhttps://bankless.cc/uniswap-labs?MANTLE | GLOBAL HACKATHON 2025https://bankless.cc/mantle-hackathon?EIGHT SLEEP | IMPROVE YOUR SLEEPhttps://bankless.cc/eight-sleep------TIMESTAMPS0:00 Intro0:13 Are ICOs Back?2:54 The Rise of Capital Formation5:04 Learning from 2017 ICO Mania7:19 Regulatory Challenges & Arbitrage10:56 Recent ICOs Overview17:01 Exploring the MegaEth Sale26:21 Monad's Unique Approach30:40 The Innovative Aztec ICO45:19 Upcoming Auctions: Zama & Infinex1:04:41 The Future of Capital Formation1:07:46 Closing & Disclaimers------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures