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Reading: We surveyed 42 Solana founders. Here’s what they said.
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Your Crypto News Today > News > Crypto > Altcoins > We surveyed 42 Solana founders. Here’s what they said.
Altcoins

We surveyed 42 Solana founders. Here’s what they said.

January 7, 2025 4 Min Read
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We surveyed 42 Solana founders. Here’s what they said.

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  • Founders additionally mentioned:
  • Founders additionally mentioned:
  • Founders additionally mentioned:
  • Founders additionally mentioned:
  • Founders additionally mentioned:
  • Founders additionally mentioned:
  • Founders additionally mentioned:
  • Founders additionally mentioned:

It is a phase from the Lightspeed publication. To learn full editions, subscribe.

Lightspeed put collectively an nameless survey and circulated it to Solana founders to get an trustworthy peek into what they consider different ecosystems, VCs, startups and extra.

The questions included a spread of decisions and a write-in slot that has been edited for grammar and readability.

The outcomes from our 42-founder ballot:

Founders additionally mentioned:

“None. If not solana, I wouldn’t be in crypto.”

Founders additionally mentioned:

“Unfair to decide on a single one”

Founders additionally mentioned:

“Asia-based VCs who solely ape in primarily based off who the lead is”

Founders additionally mentioned:

“I don’t know, both method, doesn’t actually matter”

“Not a fan of this query, feels prefer it’s making an attempt to impress slightly than inform”

“Exists, I’m part of it, however not “on the expense of non-cabal initiatives” as a result of I make investments a variety of money and time into “non-cabal initiatives” as nicely. It’s a two-way road — you give and also you obtain.”

“Doesn’t exist and I’m part of it”

“There’s a community of non-public relationships which have shaped naturally through the early days and bear market. Of us who valued working collectively and serving to solana over time naturally have a tighter community now. A few of these folks (people embody of us from the OG solana labs group) have gone on to search out a big voice and following. That is pure. Nearly all the surviving groups have additionally been funded by VCs and solana ventures cash. These are information, however there’s no in poor health intent for my part. Solana Basis is doing an ideal job at actively dispersing the ensuing results and supporting folks all through the broader ecosystem (see Superteam, and so forth). In my view, Toly particularly is doing an ideal job at shouting out builders with out discrimination however slightly primarily based on 1) what they’re constructing being cool 2) earnestness”

Founders additionally mentioned:

“Want far more blockspace ASAP. 5x demand + 2x value appreciation = want 10x larger blocks to keep up the identical value for app builders!”

Founders additionally mentioned:

“The one that doesn’t speed up”

Founders additionally mentioned:

“SocialFi, DeSci, and gaming are all equally horrible”

Founders additionally mentioned:

“FTX was each the most effective within the early days and the worst lol.”

There’s rather a lot to dig into right here, however there are a pair findings I discovered instantly fascinating: Different founders don’t assume extremely of pump.enjoyable, but they assume memecoins are largely good for the ecosystem. And, Base and Sui look like by far essentially the most alluring Solana opponents.

As a journalist, it may be troublesome to get founders to be candid with me on the report. This was a useful train in studying what Solana founders actually consider — at the very least within the combination.

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