AI Summary:
Toly, co-founder of Solana Labs, has advised crypto project founders to hold quarterly "pre-mortem" exercises to brace for potential market crashes, according to Foresight News. He encourages leaders to ask three key questions:
1. What should the project build if the market drops 95%?
2. What core team structure is necessary to endure such conditions?
3. Are there enough short-term treasury reserves to sustain operations?
Toly's proactive approach is aimed at helping Web3 builders on platforms like Binance Smart Chain and beyond ensure long-term survival and adaptability during extreme bear markets.