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Kahei🎒
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Kahei🎒 리트윗함

On FUD.
FUD is an opportunity to either address misunderstandings or to identify mistakes and simply fix them. With every TGE, emotions run hot, as people focus on a single number, the token price, determining one’s feelings. It’s human nature, and because Backpack has such a large community around the world, spanning from advanced traders in Asia, to wallet users on every network, Mad Lad holders around the world, and everyone in between, the TGE is a time where people vocalize their views.
I would like to address several different topics I’ve seen floating around over the past few days to set the record straight and offer my perspective.
- OTC. I can’t believe I have to say this, no, we aren’t OTCing our own tokens to cash out. See the tokenomics. Fake news. End of story. What is true: buyers reached out to me and asked for OTC. I am happy to help buyers find more tokens. Unfortunately, due to the bad history of other crypto projects using OTC to cash out, folks assumed the worst when they saw me post about OTC in discord.
- Mad Lads. All existing Mad Lad holders pre-TGE retain their Backpack VIP status. New holders do not. Some like this, some hate this. I understand both perspectives. My perspective is that Mad Lads has always been an evolution alongside Backpack. We went from the whitelist games inside Backpack => pre-reveal inside Backpack => reveal boss inside Backpack => xNFT inside Backpack => airdrops inside Backpack => VIP points inside Backpack => the BP token. Each one of these stages created a clear path for Mad Lads to get to the next stage, always focusing on long term holders over people that come and go. There are people that follow the path, and people that do not. There are people that evolve with us and people that do not. Our approach from the day Mad Lads was born has always been to focus people on the Backpack product. Naturally, new people came into Mad Lads with their own pre-conceived notion of what it was or what it should be. This creates tension. But we have always had a strong vision and we will always stick to it. The people that use the product always get to the next stage, where every stage answers a single question: how do we push Backpack forward. When designing token utility, it’s a question of economics, and it would be a disservice to BP to not align incentives around it. There’s an additional nuance worth pointing out: Backpack is different from basically every other product that dropped a mined token because we KYC users and are selective about the regions we open up. Those users have been out of the game, so to speak, not because I want to do that–nothing upsets me more than not being able to serve users in a particular region (what founder would want that?)--but it’s because we have chosen the path of building a crypto native financial institution. That path is long and hard. For these users, we have maintained the path to get to the next stage and have communicated that. When we open up regions, these regions will get their drops, and we will be running new campaigns to get more drops just by using the product, and that brings everyone up to speed with the same VIP benefits of the original pre-TGE seasons. For the long term holders, nothing has changed. The key issue is with respect to new NFT holders. Some people will hate this. Some will think it’s sound economics. I understand both perspectives. We are doing what we think is best.
- Sybills. Our goal was to protect retail users competing for points against sophisticated players splitting accounts and giving themselves an unfair advantage over those that don’t. The mistake we made: our process was too black and white. From the team’s point of view, we had a line and we stuck to it. From the community’s point of view, the line is nuanced. We did not sufficiently take that into consideration.
- Price/FDV. With every token comes the human nature to think about the price at all times. There are good ways to think about price and there are clearly illegal ways to think about price. Our position is simple, we are building over a long period of time, and we are not making short term decisions. 24h post-TGE FDV is not a meaningful metric. Even 1 week post-TGE FDV is not a meaningful metric. If you ask anyone that’s ever built anything, they’ll tell you the same. Many people will take issue with that statement, and that’s ok. Ultimately, you have to look at our incentives and decide for yourself. The fact of the matter is that the team and I are incentivized to make Backpack a success with arguably the most extreme tokenomics ever created. What happens if the token goes to zero and stays there? Our company fails, and we get nothing. Some people might rebut saying that we get rich from the company revenue. No. That is simply not how companies work. We don’t get rich from a bad token price. We are punished in the most extreme possible way. And we are rewarded in the most extreme way only if we achieve all of our hopes and dreams. The way it should be. This is by design. Beyond this post you won’t see me talk about price or FDV. You will see me talking about building and creating long term value. And it’s only by doing that, can BP become a success.
Every project goes through trials and tribulations. This is certainly a moment for us. We are nothing without our community, and we will serve it in the best way we know how. I have complete conviction, I am all in, and the team is all in. Don’t trust us, look at the tokenomics to decide for yourself.
Thank you for reading this. Thank you especially to those that have supported us this week. It means a lot. We will continue to review the above, particularly the cases around sybils, and get back to building.
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Kahei🎒 리트윗함

Kahei🎒 리트윗함

Congrats @jimjammer123 for securing all 21 skins of DeGods.
Goated move by the legend.
Collectors Collect.
degods.com/u/jimmyjam1234

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Kahei🎒 리트윗함
Kahei🎒 리트윗함

Backpack 的TGE是加速运转的开始。
昨晚听完病号版@armaniferrante 那场3小时的AMA找到了考托福的感觉🤣简单说几个我觉得最值得注意的点:
1/
现在已经无法再获得积分,TGE大概率就是接近 3 月 23 日前后,具体等公告。
2/
接下来这一周团队会把 staking / unstaking、token 页面、说明文档这些东西都展示出来。
3/
连续质押满一年,20%股份,包括ipo打新
token 那套逻辑也有,但不是给一点 fee discount、或再塞几个 utility 这种就完了
而是长期用户、长期持有、平台长期成长。
4/
股票这件事会是 Backpack 后面最重要的战略方向之一。
不是搞个股票概念而是尽量往真实证券权益、真实市场流动性、真实传统金融接入去靠。
也会把股票也放进整个统一保证金体系里
5/
预测市场也会是 TGE 后很快推进的重点产品。
老规矩,把它接进现货、借贷、永续、保证金这整套体系里。
挺可爱的就像是先把地基搭好,然后一个一个把东西接进去。
哪怕看起来慢一点、重一点,但一旦接起来,想象空间会很不一样。
6/
BP卡、活期账户、储蓄账户这些,AMA 里也提到了,实体卡已经在内部测试,NFC 支付也在推进。
我们想做的根本不只是一个交易所。
想做的是一个把 crypto、stocks、payments、banking 慢慢揉在一起的东西。
8/
美国日本欧洲、世界版图扩张。
这也是为什么 Armani 会一直强调,团队不会把 TGE 当成退出节点,后面还有太多更大的东西。
目前的路线图:
•staking 体系
•prediction markets
•stocks
•card
•更完整的法币 / 账户能力
•核心市场继续打开
这项目要是真一件一件做出来,会走到哪一步?
如果一个项目发币时,最强的预期还在后面,那它就已经和市面上大多数 TGE 项目不太一样了。@Backpack @Backpack_CN


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Gm 全球讲华语的 Lads 和 Lassies
我是MadBenny,你可能曾经读过我搬运的 Mad News,或者在 @MadLads 的线上线下活动中见过我。
今天我想公布一个好消息,和官方团队 @Backpack @Backpack_CN 一起,我未来会专门帮忙Madlads华语区的“康乐与整活”,定期会搞搞线上活动,冲X上的Raid贴文,AMA上啥聊,周边抽奖,游戏活动等等。
同时也会定期在各地搞搞聚会,因为见面三分情,线下才有真Alpha。
因此我们会在VX设立一个专门的 "Madlads华语活动群",作为官方渠道做相关的活动公布。家人们也当然可以在群里风花雪月,我们因Madlads相遇,但不应该止在NFT,甚或加密,我们可以做更棒的事情。
不管你是丛Mint时就在,在半途中加入,或者是因为Backpack的VIP福利而选择持有,只要你相信Madlads的理念,还有Madlads背后Backpack改变金融Status Quo的愿景,我们都欢迎你,想加入的Lads 和 Lassies 可以在任意平台 (X / TG / VX) DM 我。一起来WAO!
如 @armaniferrante 所说,NFT作为赛道可能已经死了,但2026年对Madlads来讲只是开始,Backpack在快速成长,我们也可以跟随它走出不一样的NFT道路。
lads always on top!


中文

Halfway to X+ 🚀🔥
Officially 1 YEAR strong on the 30th — what a ride! I met some legends, made some friends, built vibes, and never looked back 😤💪
Proud to be a DeGod. 💯🤘
@DeGodsNFT @DeGodsCommunity @y00tsNFT #DeGods #y00ts #SolanaNFTs #NFTCommunity #DeGodMode

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Kahei🎒 리트윗함

IPOs. Onchain.
Get IPO share allocations directly on Backpack, enabled by our infrastructure partner @SuperstateInc.
Real shares. Direct ownership. On @solana.
Join the waitlist: backpack.exchange/ipo-access
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Kahei🎒 리트윗함

Kahei🎒 리트윗함

I didn't come into crypto 9 years ago to launch a shit coin.
I didn't come into crypto to get rich quick.
I came into crypto because I believe it's going to change the world, and that the industry was something worth dedicating my life to.
But somewhere along the way, amidst the booms, the busts, the moonshots, the decentralization theater, and the straight up scams, we lost our way.
I don't know about you, but I'm just tired of false promises. And that's what most things are today, simply promises. We live in the most centralized era crypto has ever experienced, and the more centralized something is, the less meaningful a token is.
While it's tempting to want to commit to these same promises, what happens if the team gets acquired? What happens if we want to re-invest into growth? What happens if we divert our time, energy, and resources out of band and circumvent the token altogether? What happens when the team and investors unlock? For many projects, the honest answer to these questions is not pleasant, and you see it in the price chart over and over again.
Unless something is completely decentralized to the point where an immutable protocol can function with the team having retired in the Bahamas sipping pina coladas all day, then utility is just a promise. Often that promise is admirable and well intentioned--but ultimately an unenforceable promise nonetheless. Outside of BTC, ETH, SOL, and a few others, nothing really passes this test. Noble new token models have emerged to solve this problem (shout out to MetaDAO), and today, we introduce our own.
Users that stake the Backpack token for at least a year will have the opportunity to exchange those tokens for equity at a fixed ratio--20% of the company today.
It's such a simple idea, but as far as I'm aware, this is the first time a user has been able to earn the equity of a company by just using the product. So obvious in hindsight, and something I hope others start to adopt as they march on their path to progressive decentralization--both in crypto and outside of the industry.
We have a lot more utility coming, things we'll share over the coming weeks, months, and year. As the Backpack community grows, we will decentralize the token, offering new things over time, some centralized like our equity offering, some decentralized as our product evolves. In the limit, I expect the token to represent more than anything a single company has to offer, but in the short run, it's the best we can do to show our long term commitment to our users.
I've said it before and I'll say it again. I can't promise anything. The only thing I can promise is commitment.
We go big or we go home--together, actually together.
Backpack 🎒@Backpack
20% of Backpack equity given to users who stake for a year. Don't just use the next big thing. Own it. 🎒
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Kahei🎒 리트윗함

I joined @DeGodsNFT today🤘
I've wanted one for a long time. Finally pulled the trigger
DeGods follow DeGods?

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