Lightspeed The State Of Solana In 2024 With Raj Gokal
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Dec 4, 2024 Raj Gokal, co-founder of Solana, shares insights on the platform’s future and the broader crypto landscape in 2024. He discusses the ongoing recovery from the FTX fallout and how Solana is rebranding to emphasize innovation. Gokal highlights the critical role of regulation in gaining legitimacy and attracting talent. He also introduces ‘Edge’, a new risk management solution by Chaos Labs, showcasing early successes in enhancing Solana's ecosystem. The conversation emphasizes authenticity, building relationships, and a long-term vision for thriving in the crypto space.
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Bullish on US Crypto Future
- Raj Gokal is bullish on the future of crypto in the U.S. due to the improving regulatory environment.
- He believes this will unlock top developer talent and accelerate mainstream adoption, crucial for competing with established financial institutions.
Attracting US Talent
- Create successful products to attract top US talent to crypto.
- Showcase impactful, real-world applications to make crypto appealing and prestigious, similar to the rise of social media.
Solana's FTX Narrative
- Solana's association with FTX lasted about a year before other narratives emerged.
- Raj Gokal points out that narratives in crypto tend to change annually, citing past labels like "VC chain" and "ghost chain."