Lightspeed
Why More Teams Are Building On Solana | Weekly Roundup
Dec 13, 2024
This week, the discussion focuses on the influx of teams building on Solana and the implications of recent block limit increases. A new Oracle product, Edge, aims to enhance on-chain applications, while collaborations between projects on Solana and Cosmos illustrate growing synergy. Regulatory challenges for meme coins like PumpFun are examined, revealing their impact on innovation. Finally, the importance of genuine engagement in the crypto community is highlighted, stressing meaningful interactions over mere follower counts.
53:09
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Quick takeaways
- The influx of teams building on Solana, highlighted by Max Resnick's pivotal transition from Ethereum, showcases a competitive yet collaborative ecosystem growth.
- The Pudgy Penguins token launch on Solana exemplifies the strategic efforts to diversify NFT revenue streams while engaging a broader audience.
Deep dives
Meeting Ray Dalio and Insights from Abu Dhabi
The conversation begins with the host recounting an unexpected meeting with Ray Dalio during the Formula 1 race in Abu Dhabi. This encounter occurred alongside notable personalities from the finance and crypto industries, highlighting the intersection of traditional finance and emerging crypto technologies. The discussion transitions to Abu Dhabi Finance Week, where government officials displayed a proactive approach to blockchain regulations, potentially attracting more crypto interests to the UAE, particularly since there are no taxes on crypto gains in the region. This openness indicates a shift where regulators are not merely bureaucrats but individuals keen on technology and innovation.
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