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thosha.eth (Ø,G)
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thosha.eth (Ø,G)
@thosha5
Accountant. Primate Hoarder. Blockchain Enthusiast. LADS ON TOP!
Katılım Aralık 2018
5.3K Takip Edilen2K Takipçiler
thosha.eth (Ø,G) retweetledi

Let me explain what just happened, because I don’t think people realize how INSANE this is.
> Cortical Labs put 200,000 real human brain cells onto a silicon chip and trained them to play Doom in just one week.
> Each CL1 system costs $35,000.
> A rack of 30 units consumes only 850–1,000 watts combined.
> The human brain operates on 20 watts.
> Large AI training clusters burn through megawatts.
>Backed by In-Q-Tel.
115 units began shipping in 2025.
> Cortical Labs is selling “Wetware as a Service” through Cortical Cloud, letting developers deploy code remotely to living human neurons with no lab required,
> priced like a software subscription but powered by real brain cells grown from adult skin and blood samples.
> it isn’t about gaming, it’s about biological computing that could eventually outperform traditional silicon in energy efficiency and adaptability.
This is getting really scary and we’re still at the very beginning.
Polymarket@Polymarket
JUST IN: Petri dish of human brain cells grown on a microchip has learned to play DOOM.
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thosha.eth (Ø,G) retweetledi

introducing the next Backpack token utility, we'll be building out this year. IPOs, on chain, directly on Backpack.
Normally when companies go public, the founders and executives go on a roadshow, sharing their story and garnering interest from Wall Street institutional buyers purchasing shares before they go public. For most, you normally have to wait for the stock exchanges to go live before getting access to these shares through your brokerage.
What we're doing: working with Superstate for Backpack to become a stop on the roadshow, so that our users can get access to these IPOs before trading goes live on national stock exchanges.
The catch: Our ability to do this successfully is purely a function of the Backpack community.
The more active and valuable our users, the more viable Backpack is a venue for capital formation. As a result, we've put together this waitlist to collect interest from our users today on this product. The early users that signup will get early access to the first IPO.
The more people that sign up for this, the more engaged and active our community is here, the better access we will get to companies when they go public.
This will be the first test of the community. This is an enormously valuable opportunity, and we need your help signing up for this so that we can go out and get the best IPOs for everyone here that we can.
The ask: add yourself to the waitlist now.
We have a lot more coming on this front, and this is a perfect example of why we did not build a DEX. This is only something a compliant product can do.
Go big or go home.
Backpack 🎒@Backpack
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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[Backpack] I will prove to you that the FDV at launch will be higher, that everyone is mistaken
I expect an FDV of 800 million and I will tell you the facts I rely on, if you disagree with them, please write in the comments
How are FDV expectations formed? Past investments, project metrics, hype, reputation, project assets, the premarket price and the bet on Polymarket, but the most important thing is liquidity in the market and people’s fear
Let’s look at why expectations for the token are so low right now
Fear lowers expectations as much as possible
Quite recently the fear on the market was at a value of 6, these are simply impossible values, by feeling, there has never been such despair, I can say this from the experience of 5 years spent here, and fear affects everyone and you cannot even allow the possibility of taking risks
But it affects even more strongly than it is reflected in reality and you start imagining the worst outcomes, lowering even the most minimal values that do not reflect reality
Just take Polymarket, in all projects the forecasts have fallen many times over, and projects come out better than people assume, because it is easier to see the worst scenario
People don’t believe projects, projects don’t keep their promises, constant selling of tokens
Here you need to look at what the Backpack(@Backpack) project is, how openly, honestly and fairly it acts. All promises were fulfilled, every problem is widely discussed, the team is in constant contact. The team made honesty, openness their main slogan. I am absolutely sure they will stick to this further too
A long campaign
In people’s voices I hear that the campaign went on too long, that everyone already has these points, that people are tired and will want to sell right away
But I studied the people in Backpack a lot, I constantly look at what legendary people are here, they are definitely not interested in just profit from selling, they are interested in the project itself, everyone who farms points contributes one way or another in another way
And believe me, a 4x on costs over such a long period is not what people would do. People truly believe in Backpack, believe in Armani (@armaniferrante). You can read the people who publish their points yourself to make sure my words are true. Of course everyone will sell, but less than in other projects
Now let’s look from the other side at what Backpack has and try to imagine whether all of this can be worth only 500 million
Team
Backpack has the best team and the greatest experience in building Web3 projects, especially in crisis moments, they will be able to find a solution in any situation, who if not them can make the best exchange
Licenses
Backpack has the largest number of licenses, they operate in full compliance with regulators
VARA, CySEC, AUSTRAC DCE, FinCEN MSB + some state licenses through NMLS, people cannot even remotely imagine how difficult it is to obtain all licenses, even if you do everything perfectly it gives no guarantee, besides the hundreds of millions you spent it is also a huge amount of time and human resources
The very presence of these licenses alone should increase Backpack’s value by a billion, if the market were not in the most miserable state
Assets
Backpack has fully open reserves, at any moment you can see what is happening with the funds, on other exchanges you can only look at reports
This is an unprecedented level of openness
Right now the exchange has about 400 million in assets, and they also have a company that brings profit, and this is the most important thing, Backpack has tens of millions in revenue per month, this will inevitably increase the value of the main asset
Token
The Backpack token has the greatest utility I have ever seen, these are the best conditions for all exchange features, reduced fees, you pay less for borrowing, you get more for borrow, you receive rewards from other projects for holding tokens, and also advantages in other projects, such as a prediction market or the Backpack card
Also the team receives funds via fees, not via selling the token, there are no VC, so they also don’t need to return investments
The token is only in the hands of the community, and the community, as I said, is very tight-knit in Backpack, and if you also add double verification and the fight against sybils, then the tokens will be received only by the most worthy, who are sincerely interested in the project
Tokenomics
As I already said at the beginning, the tokens will be only with the community, only with those who earned points in the project, and also with Mad Lads
Total supply: 1,000,000,000 tokens
Points holders: 240,000,000 (24%)
Mad Lads holders: 10,000,000 (1%)
Pre-IPO unlocks (37.5% = 375,000,000)
37.5% (375,000,000) unlocks before the IPO not by time, but by growth-milestones (regulatory progress, launch of new products, expansion by regions)
All unlocked share is distributed to users
The rest unlocks after the IPO
Everything that unlocks before the IPO will go to strengthening Backpack and the value will not deteriorate, because the project will thus become stronger and stronger
There will be no empty unlocks!
Post-IPO corporate treasury
37.5% of the total supply = 375,000,000 tokens go to the corporate treasury
These tokens are fully locked for at least 1 year after a potential IPO
The treasury is on the company’s balance sheet and is treated as a strategic digital asset treasury for long-term value creation
Founders, employees, and investors have no direct token allocations, exposure only through equity
IPO
We will not trust insiders, but there is information that negotiations are underway to raise 50 million dollars at a project valuation of 1 billion
The IPO is an important step and it realizes Backpack’s goals and aspirations that Armani talked about, to bring the company to the public market in the USA
The tokenomics are specifically set up to maximize the chances of an IPO
Backpack has no obstacles to conducting an IPO
That is why Backpack was as honest and open with regulators as possible, constantly showed reserves, and also did not hire shady market makers
Of course all this does not guarantee a successful IPO, but it gives the best possible chances
To combine a token and a stock, this has not happened before and regulators will study everything as closely as possible, but I believe everything will work out, the main thing is that attitudes toward cryptocurrencies do not worsen
But the team is determined, they say we do not take profit for the team until we do an IPO, which means we will grow and build with all our strength to reach this goal
So they will do everything to reach this goal and they know for sure that it is possible!
The ability to have both a token and a stock ideally complements each other, you not only get liquidity and the ability to use your asset however you want, but it also reflects the idea that is now a leitmotif running through all of crypto, the merging of Web2 and Web3
It is also worth noting one important point, that the initial investments and ownership structure: the project initially raised investments through selling shares (equity), not tokens
In February 2024 the startup raised $17m (Series A round) at a valuation of about $120m, the lead investor was Placeholder VC, Jump Crypto, Delphi Digital, Hashed, Amber Group, Wintermute and others also participated
All these investors received company shares (Backpack Technologies Pte or other, registered in Singapore
Backpack will indeed list on NYSE/NASDAQ, this will be a huge positive signal
Trust in the platform will increase, the inflow of clients (especially institutions) will increase, which will improve fundamentals and demand for the token
Ecosystem
It is important to understand that Backpack is not only an exchange, it is also a wallet, it is also the technologies that were developed by the team, xNFT, and Mad Lads as an integral part
About the wallet it needs to be said separately, it is objectively the best wallet on Solana, which gives the best user experience, the wallet is constantly developing, always meets needs
It also works прекрасно in other networks
Projects that are built inside Backpack are also part of it and transmit value, prediction market, trading real stocks, the card and much more
Long-term perspective
Any action of Backpack says that they look into the future, all the cards they have, they will play later, and now it is just a growth stage, but someday all this will definitely play out and a time will come when without licenses and close ties with the banking sphere it will be impossible to grow further
Volumes
Every day Backpack has a billion of volume on futures
This is a huge number, if you consider all the difficulties that traders must go through
You need to pass KYC and also be in the allowed regions, and right now that is about 50% of the entire population
So real volumes should be much larger
And that is already on the level of exchanges that built an audience and reputation for years
Yes, part of it is those who farm seasons, but in my experience, such users, especially now, should not be more than 50%!
And considering the launch of the vault in Backpack there will be even more liquidity, and where there is liquidity, there are traders
Because the technical side of Backpack is unmatched
Technology
The matching engine, it is exactly what gives millisecond placement/cancellation of orders
The risk engine is the core of risk management, which in real time calculates your margin, collateral requirements
Multi-currency cross-margin model: one “wallet/collateral pool” for all products instead of separate wallets for spot/futures/margin/earn
All these technologies work at the level of the very best exchanges, and cross margin is a truly unique technology
Backpack had no problems even during market collapses, they can survive any storm, the developers know their job first-class and are ready for anything
Community
Backpack’s community was built for years and in general the foundation is Mad Lads (@MadLads), those who built the best community, strong ties, joint contribution, a shared vision and mutual help
Here you will find real friends
Knowing all these points, do you still think Backpack can launch at 500 million?
I think that even in a market without liquidity people will still value the project correctly, one way or another they see what value Backpack carries and the absence of VC and a competent launch can finally create the token everyone is waiting for, a team that keeps its promises and sincerely wants to develop its project, achieve something greater
On the horizon of a couple of years, Backpack will undoubtedly reach 3 billion and above, the only question is whether you will be on board and be able to invest in the project when there is fear everywhere, everyone doesn’t trust each other and is максимально cautious, it is exactly in such moments that the best moment for investments appears
Try to look at the situation soberly
This is a fundamental project that is always developing and it makes every action with a focus on the future, it will be able to obtain all licenses and connect Web2 and Web3, providing a full range of services, do you want to miss this opportunity?
WAO

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thosha.eth (Ø,G) retweetledi

Final stretch. 10 weeks. Let’s go.
Backpack 🎒@Backpack
Season 4 is here 🎒 The last three were just the beginning.
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thosha.eth (Ø,G) retweetledi

@RobloxAgartha Vermilion Pt.1/2 / Before I forget are easily the best breakup songs
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Fock it. I've gone and bought a @MadLads skull 🫡
Nothing but respect for @armaniferrante and everything he's building for this space.
Coach, am I doing this right? @SolanaCoach 😉
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thosha.eth (Ø,G) retweetledi

Monad Mainnet will be fully supported on Backpack Wallet and Exchange at launch 🎒💜
Monad@monad
Monad Mainnet will launch on November 24th, 9am ET Waiting room 👇 twitter.com/i/broadcasts/1…
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thosha.eth (Ø,G) retweetledi

@RobloxAgartha Study Cluster B personality disorders. It may or may have not been the case with your ex, but you'll be prepared for the rest of your life with that knowledge.
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thosha.eth (Ø,G) retweetledi
thosha.eth (Ø,G) retweetledi

Some names shine brighter.
If your community’s here, you’re one of them.
Submit your wallet → Mint for Free → Stay GOLDN ✨
Join the Discord 👇
discord.gg/goldn

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