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@kshkorea13 @Backpack 🤡

The golden time isn't over yet. We must stop delaying and present a convincing alternative now. Despite the community's backlash over Backpack and Armani, I believe there’s still a chance. @Backpack x.com/js_dun/status/…

@Luc100k go fuckyourself clown.

GM People think the Backpack team set the TGE price. That is not how markets work. Price is set by supply and demand — by buyers and sellers, by bids and asks. That was already happening in pre-markets before trading opened, and it continued after launch. It works the same in stock IPOs. The market opens where demand and supply match best. After that, price moves based on who wants to buy and who wants to sell. If more people want to sell, price goes down. If more people want to buy, price goes up. A token or stock is worth what the market thinks it is worth at that moment.

@SenseiSOL @nt_ape @Backpack @armaniferrante clown team. 🤡🤡🤡

Just let @Backpack team do what they do best: work. The community will take care of the Backpack honor and reputation. If you feel like they have failed you, just move on. Now is the time for all of us who support this to come together and push in the same direction. No more distractions, just hard work. Sometimes you have to take a step back in order to take two steps forward. We know how this works. Remember that it’s very easy to be a hater when things go wrong and a brown-noser when things go well, but that shouldn’t influence your actions, but you should stay true to your convictions and be honest. That's what life is all about. As long as your intentions remain sincere, you can count on me, even if I'm the only one left standing, @Backpack.

@js_dun @KgnCnKhrmn @Backpack brick by bricshahshahsahshah

The only announcement @Backpack made was organizing underground token trading by the team themselves If you’re literally encouraging people to trade around your own exchange, that doesn’t say anything good at all For me, that’s the final straw

@S0lLord Vincent is a clown.

And here I am getting timed out, by the clown Vincent for defending a community member after they timed out him. Only because he dared to criticize them and the recent changes that happened with the project. He got timed out only saying his opinion. WAO 👌

@cyhndrtw @MadLads @Backpack i trusted someone who couldn’t even run a meme coin. i’m complete idiot.

Top-tier tweeting—pity his own product isn’t part of the story. :)

@ivancsicsakos @armaniferrante @MadLads I’ve been removed from Telegram. The reason? I simply criticized our CM. What a shame! 😅

Dear @armaniferrante please share your vision about @MadLads cuz we have no info about it after the TGE. And your manager is dont want to communicate just respons with this to me. Its very unprofessional we buy lads for thousends of dollars and get a response like this.

@eth_apple do you think just chinese community? 😬

Backpack biggest mistake = abandoning Chinese community

@pogyrun @egm @icisleri

backpack监管起诉路径 迪拜（UAE / VARA） （他们的牌照监管机构） 邮箱地址：complaints@vara.ae 美国（SEC / CFTC / 联邦法） 美国监管机构（SEC / CFTC）使用的举报信 （适合通过 SEC TCR 在线表单 或 CFTC Complaint Form 提交，可匿名或实名） 提交方式： SEC：sec.gov/submit-tip-or-… （选择 "Possible securities law violations"） CFTC：cftc.gov/complaint 或 Whistleblower Form TCR（可申请奖励） 也可同时报 FTC：reportfraud.ftc.gov #backpack诈骗

@armaniferrante What’s the lending/borrowing APY on MON?

Our sybil team is re-evaluating more nuanced cases. Thank you to everyone that has supported us.

@PoisedM1 @MadLads @tristan @armaniferrante

Lads know @MadLads NFT and COMMUNITY is one of the best in NFT history. There’s a huge focus on airdrops, and TGE; but I don’t think that tells the full story. . . Armani and Tristan never promised/created airdrops. They were earned for being a knowledgeable, cohesive, and financially sound community etc. how was that community built? - The art is super clean with fun traits. Very readable images for an NFT. First great female traits for a generative NFT. Made for very good super rare groups! (skulls, Lasses) - Legendary mint. The honeypot, WAO, everything that was MadLads. Partnerships with pro athletes, started a goated community. - Armani’s technical ability and Tristan’s community building efforts. The community rallied around these 2 different, but complimentary builders. Look at Armanis coding commits, and was still present active and kind with the community. They worked hard as fuck, and still are. So, There was Lads community and @Backpack as a product. A unique, compelling strategy at building a brand / company. - a group of buyers that associated the price of the NFT with the rise of the community, brand, and product being built. This created a higher than market price floor, and an elite group of holders and lovers of the brand… and came with a valuable network effect. - MadLads are awesome, understand the industry, love the Lads/BP brand, incredible community, and are loud about it…. - new founder: “hey I want those guys to have my token, and use our product and champion it the same way” lets literally give it to MadLads… (Side note - I bet Armani/Tristan had to work quite a bit to make airdrops verified and safe, and form partnerships ie Pyth, Wormhole direct in BP wallet) This is how the community and MadLads earned airdrops. One couldn’t have done it without the other. Absolutely not. For TGE, Sure, current or new holders may have a sour taste in their mouth, as they expected airdrops of size that haven’t arrived, or a share of TGE that was larger than they thought. It is nearly impossible to satisfy every holder cohort you might have. You have volume on exchange, activity on X/discord, time held, amount of NFTs held. People’s speculation on TGE does not credit or discredit anything MadLads or the team has done. They have been overly transparent at every step of the TGE and otherwise. It is an investors job to accept the risk and reward associated with short/long term market conditions, product life cycle, and the terms of the TGE/equity thereafter. TGEs are hard. Great companies (that make a ton of money) struggle for a multitude of reasons. In a year, we may be looking at this market cap for Backpack and deeply regret not buying more, instead of fudding… A company of Backpacks caliber giving a portion of their token (and equity) to an NFT collection is insane. While 1% feels low intuitively, it’s not. It’s very high. If BP gets to 10% of market cap of Coinbase, you will wish you held your tokens. And that’s their plan, to grow and compete on the highest level. With the vision Backpack has, to compete with Coinbase as a holistic wallet/exchange/bridge/trade/onofframp/dApp compatible/margin/EVERYTHING CRYPTO engine. 1% of that company is a TON. Backpack’s story has just begun. They are ambitiously are trying to be the best. Every move up to this point has proven it. I’m here to support operators who have been grinding for years. @armaniferrante is seeing this through and the hardcore community members who understood the vision will too. And they will be rewarded in the future. End of the day, it’s Punks, then Lads. WAO. 👑🎒🐺

@cyhndrtw @MadVincent666 @frontroadgee23 @MadLads when Backpack isn’t our product ? 🤔

@MadVincent666 @frontroadgee23 @MadLads yeah make millions over madlads then not our product study more... hey vincent go shill hogdog with your buddies...

Yeap This Is What Loyalty Is...

@Backpack hod dog v2.

On Polymarket, This morning, a Polymarket trader held a large open position betting that BP's FDV would exceed $200M one day after TGE. As the resolution window approached and BP was trading around $0.19, it appears certain traders purchased a significant amount of BP tokens in an attempt to push the price above $0.20 and win their Polymarket bet. We investigated immediately. These traders are not insiders. They are not employees, directors, officers, advisors, or in any way affiliated with Backpack. We have zero tolerance for insider trading of any kind.

@kripto_xx farmani

Loyalty 200 $ 😂 Even when talking about loyalty, he set transaction fees for "Golds." His main goal was always to fill his own pockets because he wanted to farm the community by keeping them active on the exchange. He is a very cunning "big brain."

@KgnCnKhrmn @ufukdogancrypt @tristan I think the plan was pretty obvious: they farmed wallet addresses through that “Monad airdrop” tweet from the Backpack account, then planned to dump their shilled meme coin as an “airdrop.” But ironically, their own CM ended up sabotaging the whole thing before it even played out

You forgot about Hogdog. Back in the memecoin season, people on DC were begging them to release a memecoin. Lads will remember. My friend didn't release one. He said he wouldn't. Then what did he do? He or his Cm created Hogdog on Monad and tweeted or retweeted about it, I don't remember exactly. Then rug pulled. And Zeck became the scapegoat for that too. Lads wont forget.

We Were Never His Community. We Were His Fundraise. | Full Long Story Let's start with something most people get wrong. @armaniferrante didn't build Mad Lads alone. @tristan co-founded Coral with him, co-founded Backpack with him, and was the person who spent over a year curating the community before the mint even happened. The allowlist process, the culture, the "WAO — We Are One" identity — that was Tristan's work. Him and @monkdoesnt. They made Mad Lads a name that commanded genuine respect across the entire Solana ecosystem. There's something worth noting. FTX collapsed in November 2022. The Mad Lads mint happened in April 2023, months later, as Solana was still trying to find its footing. Looking back, that mint wasn't just a community launch. It was a lifeline. A way to rebuild and fund the exchange Armani actually wanted to build all along. We were the funding round. We just didn't know it at the time. After Tristan and Monkey left, everything that came after is Armani's legacy alone. The community started hollowing out slowly. The Mad Lads Twitter went quiet. Discord went cold. New Backpack employees had zero respect for Lads holders, some distanced themselves publicly, some talked openly about not caring. But Armani kept saying the right things. Community matters. Loyalty matters. So we stayed. Then the Backpack Exchange announcement dropped and we lost our minds, in the best way. We bought more Lads immediately. At that point Mad Lads was genuinely bigger than Backpack as a brand. The name carried more weight, more trust, more recognition. We thought: this is it. We are the face of something that could become the next Binance. Our patience is about to pay off. Then came the Seasons. Trading points, volume based rewards, the promise of a $BP airdrop. Mad Lads holders are not traders, we never were. We are believers, holders, community people. But we didn't want to be left behind. So we tried. We generated volume. Lost real money. And told ourselves: it's fine, TGE is coming, he won't forget us. Season 2. Season 3. Still no utility for Lads. Still no mention of Lads. The only thing we ever received was a fee reduction on the exchange, a benefit built for traders, given to a community of people who aren't traders. By that point, I don't think they thought about us much at all. The signals were everywhere. Mad Lads Twitter stopped posting. Armani became active on Backpack Discord and went silent on Lads Discord. His language shifted from "our community" to "Mad Lads are not our product." When KOLs posted hit pieces on Backpack, who was in the replies defending him every single time? Lads holders. Always. Someone slid into my DMs, an ex-Backpack employee. Said simply: "Lads will not get an airdrop." I dismissed it. We all did. We thought Armani was filtering out farmers. The real ones would be taken care of. He values loyalty, right? We chose to believe that. When people close to the team started posting about "all the airdrops Lads already received," we read between the lines. The message underneath was obvious: you already ate, stop asking. But we held on. When Armani posted "NFTs might be dead but Lads are just getting started" we took it as confirmation. He still sees us. He didn't. Then the snapshot. The tokenomics. The number that made the whole community go silent. One percent. Not for bots. Not for farmers. For the people who had been there from the beginning. Who defended him publicly. Who absorbed trading losses to generate volume for his exchange. One percent for the backbone. The response when the community asked why? Simple. Cold. You already ate. Then came yesterday, one day after the TGE. As community managers have now confirmed, newly traded Mad Lads will no longer receive VIP status on Backpack. If you held before, you are grandfathered in. But anyone buying today gets nothing. No utility. No benefit. No connection to the exchange we spent years supporting. He waited until after the airdrop to quietly close the door. No announcement. No explanation. Just policy. That is not an oversight. That is housekeeping. The community served its purpose, the token launched, and the last remaining thread was cut the very next day. Here is what I believe now. Armani got lucky. He got lucky that Tristan was brilliant at building community culture from the ground up. He inherited loyalty that most founders spend years trying to manufacture. And instead of stewarding it, he extracted it. Quietly, gradually, until there was nothing left to take. Mad Lads was never the goal. Backpack was always the goal. Mad Lads was the vehicle that got him there. Once it served its purpose, it got parked. And the tragic part? It didn't even work. The TGE underperformed. The trader community is fractured. Chinese holders are rising up over witch-hunt accusations. He distanced himself from the community that loved him unconditionally and couldn't hold the one he replaced us with. Mad Lads gave Armani everything. Capital, credibility, cover, and community. We were there when nobody else was. We made Backpack look legitimate before Backpack had earned that on its own. WAO. We Are One. We meant it. He never did.