Thread by @jackoholleran

1/ The one certain thing about markets is that they have cycles. The best projects are ready for this and build through the downturns. Lemons turn into lemonade for prepared teams with longterm vision, strong cash positions, and committed communities + core teams

2/ These cycles hurt, but they should be expected. It is not a matter of if, but when. This means opportunity for those that are prepared and have the right perspective

3/ I'm proud to say that across the entire SKALE project we are in a position to come out of this cycle in a far stronger relative position than we started. The core team is in a strong cash position and is funded with multiple years of runway

4/ The validator community running the SKALE network is made of the top validators in the world. All of these organizations have strong teams and strong financial positions. The network will continue to thrive

5/ The Dev community building on SKALE continues to grow. There are over a hundred teams a different stages of deployment cycles. The majority of these teams are positioned for success and will build through the cycle. We are about to see some major global launches

6/ The global community behind the SKALE project is strong. This is not the world's largest crypto community but it is one of the most engaged, educated, and passionate groups of people I've seen behind a decentralized effort.

Let's keep building!

#skale $skl #ethereum