Solana

“Most of the projects on Solana, they're seeded with a few million dollars, and these are 60, eighty billion dollar market cap projects.”

“It will end up being about, you know, a billion dollars of, I think Solana for us in terms of returns, but it's the multi-coin guys determine the trading decisions on that.”

“We actually invested, we gave them a million bucks at a 20 cap to help set up their firm, and then we invested in their, they had both a venture fund and a hedge fund, and they were, like, the first money into Solana”

“When they sold their three or four hundred million tokens to fund the company, because they consider them utility tokens, not shares, they paid taxes on it.”

“It's an Ethereum competitor, basically, for, you know, smart contract platform, and there's a lot of people, I'd say smart money in Silicon Valley, who are betting on a flippening where Solana could ultimately overtake Ethereum as the preferred platform.”

“I think it's really smart to pay the tax upfront to establish that this is a corporate sale.”

“I can tell you right now, like this second, we are sitting on Solana that we have not sold.”

“Kraft is the beneficiary because we invest, we're the first investors in multi coin. We were kind of like their seed investor invested in there. We put in something like 40% of the money for their special opportunity fund. They were one of the first investors …”

“I haven't sold a single Solana token.”

“The market for Solana is very deep, about three and a half billion notional is traded every day.”

“So you could have a situation in which, for example, Solana flips ETH and yet still goes down in value because there's an overall bust cycle.”

“It began the year at about nine dollars a token. It's now at 92 as of this moment. Obviously it's very volatile, but it's up roughly 10 X this year to date.”

“He made a seed investment in Anthropik that's worth billions now. He made a seed investment in Solana that I think is worth billions now, especially now that Solana has recovered.”

“If you had left your Solana at FTX, you're gonna get 16 dollars per token back, and that apparently was the price at the time that they went under.”

“The point is that he's selling tokens at current prices, call it one 88, and then using that to pay off depositors at 16 dollars. So the only reason the depositors have been quote unquote made whole is because they're getting the benefit of this run up, but th…”

“Cardona ripped 70%. XRP 32%. Solana 25%.”

“When I had my kind of eureka moment and I did the back of the envelope calculation for design, I'm like, oh, this is a thousand times faster than ETH.”

“We raised a seed in A-Round. It was about fourteen million bucks, which is amazing. It was, you know, like, outright crazy success for a new, a first-time founder. I had to spend two million of that on lawyer fees. Which is a more than 10% of my runway to figu…”

“Execution is where all the money's made, so I think we're on the right track, and a fast execution engine can also do settlement.”

“We're never going to build an exchange that is onboarding U.S. Institutionals and serving U.S. Customers. We want NASDAQ to do that and to run it on Solana, and that would be great.”

“Ethereum being world settlement layer, Solana is the world's execution layer.”

“If we succeed, if the protocol is awesome and globally synchronous and super fast, Nasdaq would make more money by just running a Solana node and integrating with it more directly.”

“Modern blockchains like Solana can actually process now more than a billion transactions in a day at an average cost of less than a penny per transaction.”

“There are today tens of thousands of streamers all over the world streaming content and trading with their fans and their audience members, and this is happening every day on Solana.”

“So today the GeoNet network is taking, of that eleven million in revenue, roughly excuse me, 80% of it is being used to make open market purchases of Geo tokens. And this is all visible on the Solana blockchain. They have all the addresses are published and st…”