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Home » “Exclusive Interview: Lily, President of Solana Foundation, on the Unexpected Meme Coin Craze and the Grand Strategy of Saga Mobile”
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“Exclusive Interview: Lily, President of Solana Foundation, on the Unexpected Meme Coin Craze and the Grand Strategy of Saga Mobile”

By adminMay. 6, 2024No Comments3 Mins Read
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"Exclusive Interview: Lily, President of Solana Foundation, on the Unexpected Meme Coin Craze and the Grand Strategy of Saga Mobile"
"Exclusive Interview: Lily, President of Solana Foundation, on the Unexpected Meme Coin Craze and the Grand Strategy of Saga Mobile"
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Dynamic Zone is fortunate to have invited Lily Liu, President of the Solana Foundation, for an interview. In addition to discussing Solana’s past and future, we also explore the hot topics in the Solana ecosystem, including Saga mobile phones, meme coins, and the DePIN track.

Table of Contents:
The ups and downs of Solana over the past three years
How does the Solana Foundation formulate its meme coin strategy?
Saga mobile phone breaks the Web 2.0 economic model
The public chain Solana continues to attract significant attention in the market, with meme coin projects on it becoming the hot pursuit of the market. The wealth effect brought by Saga mobile phones is also gaining momentum. Dynamic Zone is fortunate to have invited Lily Liu, President of the Solana Foundation, for an interview to discuss the changes and future prospects of Solana.

Since June 2021, you have taken over as President of the Solana Foundation. During your tenure, Solana’s market value has experienced significant fluctuations. How do you view this volatility, and how do you lead the foundation and formulate strategies in this market environment?

You believe that the developer community is crucial to the success of an open-source platform. In your opinion, how can you attract the developer community among numerous blockchain technologies?

Since the beginning of this year, Solana’s meme coins have been extremely popular and have attracted a lot of TVL and attention. In fact, from Silly Dragon to various hints and implications from Anatoly, co-founder of Solana, can you share with the readers the Solana Foundation’s views on meme coins?

Some market analysts believe that Solana’s high transaction speed (TPS) and high performance have created a favorable environment for meme coins. How do you view such analysis?

After Solana released its first blockchain phone, Saga, the market’s evaluation of it has changed dramatically. From initially selling only 50 units per day to the wealth effect brought by BONK, the anticipation for the second generation is also high. In fact, in the understanding of the mobile phone industry, it is impossible to escape depreciation without buying a new phone, and even making money from it. Can you share the sales strategy of Saga mobile phones with the readers? Did the team envision such achievements?

Next, we would like to discuss the impact of Apple and Google’s controlled app stores on cryptocurrency applications. These two platforms are the world’s largest mobile system providers, and their app stores (App Store and Google Play Store) have billions of users. What barriers do you think Apple and Google’s controlled app stores pose to the development of Web3 applications?

Having a “Web3 phone,” what revolutionary changes does it bring to users in terms of security and decentralization?

DePIN is an innovative blockchain application model that uses tokens as incentive mechanisms to encourage community members to participate in construction and maintenance, rather than traditional companies or government entities. With the announcement of collaboration between Saga mobile phones and numerous DePIN projects on Solana, we would like to know your thoughts on the development of Saga mobile phones in conjunction with DePIN.

Dynamic Zone sincerely thanks Lily for accepting our interview today and encourages readers to continue to follow and look forward to the development of the Solana ecosystem.

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