An anonymous survey initiated by Lightspeed revealed the views of Solana founders on other ecosystems, venture capital, memecoins, and the internal circle of Solana. Overall, they expressed concerns about insufficient block space and identified Base and Sui as the most competitive rivals.
Author: Jack Kubinec
Translation: Baihua Blockchain
Lightspeed conducted an anonymous survey distributed to Solana founders, heavy users, and others, aiming to gain genuine insights into their perspectives on other ecosystems, venture capital firms, startups, and more.
The survey questions covered various options and provided spaces for written responses, edited for grammar and clarity.
Here are the results from our survey of 42 founders:
1. Which blockchain would you choose besides Solana?
Some founders also stated: "If it weren't for Solana, I wouldn't be involved in cryptocurrency."
2. What is your favorite U.S. political party?
3. Which crypto VC do you hold in the highest regard?
Founders also mentioned: "Choosing one is unfair."
4. Which crypto VC do you think is the least promising?
Founders also stated: "Asian venture capital firms that blindly follow based on who the lead investor is are also not okay."
5. It is said that the Solana internal circle is very deep, often promoting projects within the circle at the expense of those outside?
Founders also expressed:
"I don't know, it's all the same, not much difference."
"I don't like this question; it feels like it's provoking controversy rather than providing information."
"It does exist, and I am part of it, but it's not 'at the expense of non-circle projects.' Because I have also invested a lot of time and money in 'non-circle projects.' It's reciprocal—you give, and you will receive."
"It doesn't exist, yet I am part of it."
"In the early days and during the bear market, some personal relationship networks formed. Those who valued collaboration and helping Solana naturally built closer relationships over the years. Some people (including those from the OG Solana Labs team) later became influential figures with a large following. This is natural. Almost all surviving teams have also received funding from venture capital and Solana Ventures. These are facts, but I don't see any malice in it. The Solana Foundation is actively working to decentralize this influence and support those who are doing great work in the ecosystem (like Superteam, etc.). In my view, Toly is particularly good at supporting builders impartially, not based on personal preferences, but based on 1) how cool their projects are, and 2) their sincerity."
6. What is the biggest problem facing Solana right now?
Founders also stated: "There is an urgent need for more block space. Demand has increased by 5 times + prices have doubled = to keep the costs for application developers unchanged, the block size needs to be increased by 10 times!"
7. What do you think is the significance of memecoins for Solana?
8. There are many startups in Solana that you did not create; which one do you most hope to join?
9. Which one do you least want to join?
Founders also mentioned: "I don't want to join companies that haven't made any progress."
10. What is the most overrated sector in Solana?
Founders also stated: "SocialFi, DeSci, and gaming still have potential."
11. What is the most underrated sector in Solana?
- Which of the following has the most damaging effect on Solana's reputation?
Founders also stated: "FTX was both the best and the worst in the early days, haha."
There are many points worth discussing in depth, but I found a few particularly noteworthy: Other founders have a low opinion of pump.fun, but they generally believe that memecoins are beneficial to the ecosystem. Base and Sui seem to be the most attractive competitors to Solana at the moment.
As a journalist, it is not easy to get founders to speak candidly in public. This survey helped me better understand the true thoughts of Solana founders—at least from an overall perspective, it seems quite genuine.
Article link: https://www.hellobtc.com/kp/du/01/5621.html
Source: https://blockworks.co/news/solana-founders-survey-responses
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