The term 'Internet Capital Markets' is being used to describe a model in which app ideas are turned into tradable tokens from the outset, allowing builders to monetize projects before development begins and users to become stakeholders. The @believeapp team is cited as introducing this approach, which enables users to participate directly in the growth and success of new applications. Public blockchains such as Solana and Ethereum are highlighted as platforms facilitating these markets. In the decentralized science (DeSci) sector, the Bio Protocol V1 upgrade introduces a permissionless BioDAO launchpad, AI research agents, and milestone incentives, with the BIO token serving as a utility for staking, curation, and liquidity. This model is compared to public ICOs and fair launches, with an emphasis on aligning incentives between builders and users. Concepts such as 'vibe coding IPOs' and the integration of token-based incentive structures are noted as features of the emerging Internet Capital Markets landscape.