Solana Makes an Apology over Controversial Ad

MARKETS TREND

Anatoly Yakovenko, the CEO of Solana Labs, has spoken out regarding the “America Is Back, Time to Accelerate” commercial, which combined political messaging about gender identity with American patriotism and technological innovation.

Yakovenko wrote in a March 19 X post after facing criticism for the contentious advertisement, “The ad was bad, and it’s still gnawing at my soul. I regret that I played it down rather than confronting it head-on as cruel and a form of retaliation against a marginalized group.”

Those in the Solana ecosystem pointed out the “mess” posted on Solana’s X account, which received over 1 million views and many comments before being removed about nine hours later.

Yakovenko also stated that he will use the educational opportunity to ensure Solana remains committed to decentralization and open-source software development while avoiding “cultural wars.”

In the two-and-a-half-minute advertisement for the Solana Accelerate conference, a man dressed as America in a therapy session claimed to be thinking “about innovation,” such as cryptocurrency.

He should instead do “something more productive, like coming up with a new gender,” the therapist replied, adding that the man should “focus on pronouns.”. The man said he wished “to invent technologies, not genders.”.

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ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.
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