Solana Addresses FTX Implosion with Kuleen Nimkar of Solana

In this episode, Jay speaks with Kuleen Nimkar, who works in Business Development at the Solana Foundation. The Solana Foundation is a non-profit organization headquartered in Zug, Switzerland, dedicated to the decentralization, growth, and security of the Solana network. 

This episode features a dive into Solana’s history with FTX, their working relationship with Alameda, and the path forward following the FTX collapse.

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Guest Socials:

Kuleen Nimkar’s Twitter: https://twitter.com/knimkar

Kuleen Nimkar’s LinkedIn: https://www.linkedin.com/in/kuleen-nimkar-a0941716/

Solana’s Socials: 

- Solana’s Forums: https://forums.solana.com/

- Solana’s Discord: https://solana.com/discord

- Solana’s Twitter: https://twitter.com/solana

- Solana Foundation’s Twitter: https://twitter.com/SolanaFndn

- Solana Beach Dashboard: https://solanabeach.io/

About Guests

Kuleen Nimkar - Business Development at Solana Foundation

 Kuleen focuses on growing the ecosystem of high quality web3 applications being built on Solana, with a particular focus on games.

Prior to joining the Solana Foundation, Kuleen worked briefly in Strategy and Operations at DoorDash leading up to its IPO, and before that in Corp Dev at the quantitative investment manager Two Sigma Investments. Kuleen started his career in management consulting.

You’ll learn about:

• History of Solana Labs
• DeFi protocols collateral value
• Half of SOL getting unstaked
• Concentration of ownership 
• Performance and throughput of Solana Chain
• What’s next, in spite of FTX

Timestamps

[00:34-02:25] Jay’s Intro 

[02:25-04:16] Background on Kuleen

[04:16-7:03] Journey into Crypto 

[7:03-12:30] Current FTX & History of Solana Labs / Foundation

[12:30-14:18] Direct impact 

[14:18-18:20] SOL unstaked

[18:20-22:55] Technology of Solana Chain

[22:55-25:28] How Solana works

[25:28-26:52] Defining success for Solana 

[26:52-31:00] The dev team’s involvement

[31:00-34:39] When will Solana reach full decentralization

[34:39-38:34] About Solana Reboots
[38:34-41:57] Working with NFTs
[41:57-44:57] Forecast for Solana
[44:57-49:35] Solana nodes
[49:35-53:47] Kuleen’s web3 deep thoughts

DISCLAIMER: yWhales is not affiliated with YPO but at this time only allow for YPO, YPO Gold, and YNG members due to privacy & confidentiality. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.