Internet Explorers

The future of crypto might not be bots, bulls**t, and broken incentives — but first, we have some serious receipts to go through.

This week we are joined by researcher Joseph Al-Chami for a wide-ranging dive into the biggest consumer crypto stories of the week — and an honest reckoning with how points systems, appcoins, agentic investors, and open social graphs are actually playing out. From Circle’s IPO drama to AI SEO strategies, we’re connecting the dots on what’s really happening across consumer crypto, AI, and internet culture.

We kick off with a quickfire rundown of Appcoins, AI discoverability, and the death spiral of poorly launched tokens, before moving into a deep, revealing conversation with Joseph about the hidden dangers behind points-based growth strategies — and why blind copying Duolingo-style gamification just doesn’t work for crypto projects.

This episode unpacks:
* Ohara’s new Appcoin model and the future of vibe coding
* AI SEO tactics and why discoverability is about to change forever
* Why launching a token will not save you
* The rise and potential fall of Circle’s stablecoin empire
* The launch of LensChain and the mini-app revolution on Farcaster
* How agentic investors are creating novelty arbitrage (for now)
* Open social graphs vs. corporate controlled platforms
* Why vanity metrics are destroying crypto ecosystems
* A real breakdown of why “points and quests” mostly attract bots
* How to build loyalty systems that actually work

Chapters:
0:00 — Intro and a Brand New Home
00:39 — Live Show Chaos and Vibe Check
01:50 — Market Sentiment and Real Builders
03:09 — Introducing Joseph Al-Chami and Topics
04:53 — Appcoins, Vibe Coding, and Token Models
08:11 — AI SEO and Discoverability Shifts
12:55 — Why Launching Tokens Can Fail
16:11 — Circle’s IPO Drama and Fallout
19:38 — LensChain, Open Social, and Mini-Apps
24:16 — Farcaster Airdrops and Notification Burnout
26:51 — Rise of Agentic Investors and Novelty
29:09 — “It’s All Base’s Fault” Twitter Meltdown
30:14 — Credible Neutrality and Blockchain Trust
32:59 — Joseph’s Research on Points Farming
39:48 — How to Build Real Loyalty

Internet Explorers is a weekly rundown show where extremely online individuals broadly explore (romanticize, even) new consumer Internet experiences.

Join us⁠ live on Twitter/X, Fridays 10am PT / 1pm ET.

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Apple: https://podcasts.apple.com/us/podcast/internet-explorers/id1756599282

Spotify: https://open.spotify.com/show/6iJk3xZoij7pVhlNbTP9qS?si=4cda0ac044dc4c6a