Preparing for Crypto's Future: Tips from Solana's Co-Founder
Solana Labs co-founder has recently spoken about the need for proactive preparation of cryptocurrency initiatives, stating that creators should make quarterly "pre-mortem" exercises. This entails spending time every quarter imagining a worst-case market decline for the business and planning how to survive for the future. Critical issues for project leaders to reflect on would be to determine the most important products to keep working on in the event of a major market downturn, decide on the key core team required to maintain operations, and identify whether there are enough short-term financial reserves to ride out such an event. This suggestion seeks to inspire crypto businesspeople to be forward-thinking and incorporate resilience into their ventures, which will ultimately make them more likely to survive and thrive in the long run, even during adverse market conditions.#MarketRebound $SOL