{"id":125429,"date":"2025-03-20T01:21:56","date_gmt":"2025-03-20T01:21:56","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125429"},"modified":"2025-03-20T01:21:56","modified_gmt":"2025-03-20T01:21:56","slug":"i-am-ashamed-solana-ceo-breaks-silence-over-controversial-ad-backlash","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125429","title":{"rendered":"\u2018I am ashamed\u2019 \u2014 Solana CEO breaks silence over controversial ad backlash"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsSolana Labs CEO Anatoly Yakovenko has broken his silence over the \u201cAmerica Is Back \u2014 Time to Accelerate\u201d advertisement, which blended American patriotism and tech innovation with political messaging around gender identity.<br \/>\n\u201cThe ad was bad, and it\u2019s still gnawing at my soul,\u201d Yakovenko said in a March 19 X post after receiving immense backlash over the controversial ad.\u00a0<br \/>\n\u201cI am ashamed I downplayed it instead of just calling it what it is &#8211; mean and punching down on a marginalized group.\u201d<br \/>\nYakovenko praised those in the Solana ecosystem who called out the \u201cmess\u201d that was posted on Solana\u2019s X account, which accumulated around 1.2 million views and 1,300 comments before it was deleted roughly nine hours later.<br \/>\nYakovenko said he will use the learning experience to ensure Solana stays focused on open-source software development and decentralization while staying \u201cout of cultural wars.\u201d<br \/>\nSource: Anatoly YakovenkoSolana hasn\u2019t made an official comment on the matter, though its X account reshared Yakovenko\u2019s post to its 3.3 million followers.<br \/>\nCointelegraph also reached out to the Solana Foundation shortly after the ad was taken down but didn\u2019t receive a response.<br \/>\nThe two-and-a-half-minute ad for the Solana Accelerate conference showcased a man acting as America in a therapy session who said he was having thoughts \u201cabout innovation\u201d such as crypto.<br \/>\nThe therapist responded that he should instead do \u201csomething more productive, like coming up with a new gender\u201d and later said the man should \u201cfocus on pronouns.\u201d<br \/>\nThe man snapped back, stating that he wanted \u201cto invent technologies, not genders.\u201d<\/p>\n<p>Took them 9 hours to delete it.Also all the major players in the Solana ecosystem suddenly delete their tweets promoting\/supporting the ad and RT\u2019d and liked takes about it being bad.They approved this, supported it and celebrated it.They rolled it back because it hurt\u2026 pic.twitter.com\/kPMERDpTcn\u2014 Adam Cochran (adamscochran.eth) (@adamscochran) March 18, 2025<\/p>\n<p>The now-deleted ad came nine days after Solana\u2019s X account posted: \u201cSolana is for everyone.\u201d<br \/>\nRelated: Solana rallies 8% as crypto markets recover \u2014 Is there room for more SOL upside?<br \/>\nCinneamhain Ventures partner Adam Cochran pointed out that transgender people contribute to open-source software and cryptography in an \u201cinsanely disproportionate amount.\u201d<br \/>\nA GitHub survey from 2017 found that of the 5,500 randomly selected open-source developers, 1% were transgender, and another 1% were non-binary.<br \/>\nMost data obtained during 2017 and 2018 suggest that transgender and non-binary people combined represented somewhere between 0.1% and 0.6% of the population.<br \/>\nMagazine: Memecoins are ded \u2014 But Solana \u2018100x better\u2019 despite revenue plunge<a href=\"https:\/\/cointelegraph.com\/news\/solana-labs-ceo-breaks-silence-controversial-ad?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsSolana Labs CEO Anatoly Yakovenko has broken his silence over the \u201cAmerica Is Back \u2014 Time to Accelerate\u201d advertisement, which blended American patriotism and tech innovation with political&hellip; 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