We have come from trading worthless air to today, where we can finally truly own hard, durable, and most importantly, on-chain assets that will determine the future world. This article is sourced from @0xkyle\_\_ article, organized, translated, and written by Zen and PANews. (Background: Is the retail investor speculation bubble in the US stock market reappearing? This time it may be different) (Background Supplement: The Ultimate Guide to Web3 VC, which venture capital institution to follow to make money?) The term Internet Capital Market encompasses many meanings. In today's context, the Internet Capital Market refers to the 'chain magic' results born purely from the advantages of blockchain technology: fintech that ignores geographical boundaries. You can borrow using 'magical Internet currency', tokenize treasury bonds and private credit, issue stablecoins - in today's world where traditional finance and digital assets intersect, people call all this.