Author: Jack Kubinec

Translation: Baihua Blockchain

Lightspeed initiated an anonymous survey and distributed it to Solana's founders, heavy users, etc., aiming to genuinely understand their views 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 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. Which American political party do you prefer?

3. Which crypto VC do you rate the highest?

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 internal circle of Solana is very deep, often promoting projects within the circle at the expense of those outside the circle?

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 stirring up 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 a two-way street—you give, and you will receive in return."

"It doesn't exist, yet I am part of it."

"During the early and bear market periods, 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 in my view, there is no malice. 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 opinion, Toly is particularly good at supporting builders without bias, based not on personal preference, but on 1) how cool their projects are, and 2) their sincerity."

6. What is the biggest problem Solana currently faces?

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 didn't create; which one do you most want to join?

9. Which one do you least want to join?

Founders also stated: "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?

12. 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 topics worth exploring in depth, but I found a few points 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's founders—at least from an overall perspective, it seems quite genuine.

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