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Boop.fun’s Memecoin War, Nike’s RTFKT Fallout & Can You Still Trust ChatGPT?

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CwC Weekly
May 02, 2025

In today’s newsletter:

  • ApeCon Highlight Reel

  • Nike’s $5M Web3 Lawsuit

  • Bitcoin as Generational Wealth

  • ChatGPT’s Trust Problem

  • Boop.fun vs. Pump.fun

Watch & Listen Now: Corporate accountability in Web3 took center stage this week as Nike’s $5 million RTFKT lawsuit sparked discussions about brand responsibility and the risks of overpromising in NFT initiatives. Cap and Steve explored Bitcoin’s evolving role as a vehicle for generational wealth, the impact of rising institutional adoption, and growing speculation around potential U.S. government accumulation. AI trustworthiness came under fire with OpenAI’s model rollback, while the memecoin scene intensified as Boop.fun launched a disruptive challenge to Pump.fun’s dominance. Throughout the week, authentic community building and sustainable engagement models emerged as recurring themes across tech, crypto, and culture.

ApeCon 2025 Virtual Conference Highlight Reel

☕️ Brewing This Week

📰 Monday

Nike Faces $5M Lawsuit Over RTFKT Shutdown and What It Means for Web3 Brands

Nike’s abrupt shutdown of RTFKT set off a major conversation about the future of big brands in Web3. In today’s episode, Cap and Steve explored whether companies should face legal or reputational fallout when NFT initiatives go wrong, using Nike’s $5 million lawsuit as the backdrop. They also unpacked crypto’s surprising strength amid global uncertainty and discussed Ethereum’s scaling challenges. Tune in tomorrow for Clawfee with Captain and see if someone is finally able to snag a big prize.

Check this episode out on Apple, Spotify, and YouTube

💡 Tuesday

Bitcoin’s Generational Wealth Debate + Left-Facing Pudgy Penguin Sells for $360K

Bitcoin’s march into the mainstream took center stage today as Cap and Steve debated whether it still offers a generational wealth opportunity, with state governments and institutions stacking Bitcoin at record levels. They also broke down a headline-grabbing $360,000 sale of the only left-facing Pudgy Penguin, using it to explore why floor NFTs often outperform rares during market cycles. Plus, the Coffee with Captain community celebrated some big wins during the latest Beezie Clawfee pulls, continuing the show's streak of lucky draws and high energy.

Check this episode out on Apple, Spotify, and YouTube

🔗 Wednesday

Will the U.S. Buy Bitcoin? + Seedify Taps Kaito & Ethos for Launch Access

A Trump advisor’s call for the U.S. to build Bitcoin reserves set off a spirited conversation about nation-state accumulation and whether Bitcoin is finally decoupling from traditional markets. Cap and Steve broke down what government-level buying could mean for long-term crypto holders and macro positioning. The show also explored Seedify’s integration of Kaito and Ethos to power launchpad access through SocialFi scoring, signaling a shift in how Web3 reputation may drive real-world utility. Plus, a sharp critique of IRL event strategy and the need for brands to offer true holder value beyond open bars and loud music.

Check this episode out on Apple, Spotify, and YouTube

🤖 Thursday

Created with ChatGPT

Can You Still Trust ChatGPT? + Jesse Pollak Tries to Win Back Web3

Special Guests:
Bunchu - AI Expert and CEO of Billy Bets: https://x.com/BunchuBets

Jesse Pollak reemerges with a more thoughtful approach to content coins, prompting fresh discussion about decentralized monetization and trust in Web3. Bunchu breaks down recent ChatGPT instability, including OpenAI’s model rollback and the emerging risks tied to AI memory and agent behavior. As CEO of Billy Bets, he also shares how their AI platform is positioning itself as a smarter, faster alternative to traditional sports analysts. The episode wraps with Aaron Haber outlining how Divvy’s royalty-sharing system ties into the STK Dolls mint.

Check this episode out on Apple, Spotify, and YouTube

🥳 Friday

Source: boopdotfun on X

Boop.fun vs. Pump.fun Memecoin Wars + Kaito’s Rise as Web3’s Top Agency

Boop.fun’s aggressive debut shook the memecoin landscape this week, as Cap and Steve unpack how Dingaling’s vampire attack on Pump.fun flipped timelines, stirred controversy, and spotlighted the next evolution in user acquisition. The hosts dive into the ethics of launching tokens just to capture airdrops, while also exploring Kaito’s growing dominance as the go-to marketing engine in Web3. Rounding out the conversation is a bullish take on MegaETH’s IRL builder house program and how it could quietly shape the future of crypto-native innovation.

Check this episode out on Apple, Spotify, and YouTube

🎓 Quick Take For Newcomers

AI Trust: As AI tools become more integrated into people’s workflows and content creation, understanding how these systems handle your data is critical. This week’s discussion around ChatGPT’s instability and OpenAI’s model rollback highlights a growing concern: centralized AI platforms can change rapidly, often without transparency.

📺 Weekly YouTube Highlights

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Have a wonderful, wonderful weekend everybody!

DISCLAIMER: This newsletter contains information presented solely for educational purposes and should not be interpreted as financial or investment advice. Any investment decisions should be made after consulting with qualified professionals. Please be aware that I may own several digital assets discussed in this publication.