Celestia Co-Founder Reveals $100 Million Strategy Amid Token Declines
John Adler, co-founder of Celestia, recently made headlines by discussing the companyโs $100 million war chest and six-year runway, allowing them to focus on long-term goals despite current challenges. With the native token seeing declines of over 90% from its peak, this strategy positions Celestia to navigate market fluctuations more effectively. Adler also proposed transitioning from a proof-of-stake model to a proof-of-governance approach. This bold strategy underscores the importance of innovation in the rapidly changing blockchain environment. Expect further updates as developments unfold.