SolG 🎒
2K posts


GM you fabulous souls💜🤗
Here's your sign to take a pause, step outside, touch some grass and live a little while you're building your life 🫶
Happy Weekend
MadLove to u all💜😘
BREAK THE CODE 🔥
P.S. My favorite hard working legends
@Skarrouche
@SolG4u
@SolanaCoach
@ayo_bandara
@MadVincent666
@Zeck_Sol
@Somuchmorefun
@ChewieWins
@loshmi
@OverlordInfinix
@valhist
@vasukum74306825
@voltersolana
@yazeedlawal
@NorthKing91
@MadSimon_sol
@loocsarp4u
@MadRyeguy
@MythagoW3
@Sylvain36258870
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@_Afcbanks Arsenal built a statue for Henry. I don’t expect him to say anything less.
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SolG 🎒 รีทวีตแล้ว

Backpack EU is here 🎒🇪🇺
Today, we're live as one of the first exchanges to offer regulated perpetual futures in Europe.
Private Beta access is limited to 100 spots per day, every day.
Join the waitlist now: eu.backpack.exchange
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SolG 🎒 รีทวีตแล้ว

Story time.
Over two years ago we attempted Backpack's first fundraise for the exchange.
We had lost most of our money on FTX, and we had to re-invent ourself. With a couple small checks and our personal savings, we bootstrapped the initial exchange team to focus on all the hard things regulated companies have to do--not just engineering, but finance, accounting, compliance, customer support, and importantly, the entire licensing process for our first anchor license in Dubai.
From the beginning, it was never just about building a matching engine, it was never just about building an app, it was about being able to re-imagine every layer of the stack of modern finance, where the legal code is just as important as the computer code--a thesis at odds with basically every crypto investor in the world. We had our sites set not just on the UAE but on the entire world, and one place in particular, the European Union.
From the perspective of many international exchanges, to put it in their own words, a "bloodbath" was coming. The world's largest derivatives platforms were leaving the EU, and it was getting harder and harder to enter the market. At the time, there was a total of zero exchanges offering a regulated perpetual futures product.
So we went out to fundraise. Our goal was simple: get enough money to buy FTX EU, do all the hard work to return customer assets, hire up a world class compliance team, solve all the problems that caused FTX in the first place, and re-activate the license. Turns out fundraising wasn't that simple.
The world was in a very different place back then. Most people looked at us like we were crazy. A lot of people questioned me and our team for FTX ties. Who wants to invest in ex FTX and Alameda employees trying to buy back the EU arm of FTX, returning customer funds, and gunning to be the first regulated perpetual futures product in Europe. To many it was the most contrarian of bets and a far fetched dream. Why couldn't Coinbase or any of the other giants just beat you and do this first? A fair question. And honestly, I didn't have an answer to that. All I can say is that I genuinely think our team is the best. No one works harder. Works more hours. Has more experience, more ore battle scars, and a more comprehensive of an understanding of crypto exchanges than us. Others might have more resources. Others might have better brands. Others might have been around for longer than us. They deserve all the respect in the world for pioneering much our industry. However, it's my job to think I can do better. It's my job to compete. It's my job to win. I naively thought I could. Investors did not. We failed.
So we didn't buy FTX EU. It ended up being purchased by the previous founders. We missed the opportunity. But we didn't stop. Tunnel visioned. Laser focused. We built our product. We went to market. And, turns out, we were pretty successful. In 2024, we made more money than our entire fundraise. We built our spot product, and with the capital on hand, we were ready to re-invest to climb our next mountain.
I don't know if it was luck, divine intervention, or just the universe just doing its thing, but we discovered that FTX EU was for sale--again. This time, we didn't have to fundraise to make an offer. We had the cash ready to deploy. And so we did.
But the interesting thing about buying regulated companies is that it's not simply a matter of having cash. There's many more people with much more money than us. It's not just about showing up to someone's door with a bag of cash, and you're off to the races. There's diligence. There's compliance tech. There's reporting requirements. There's the ability to steward the return of FTX EU customer assets. There's custody requirements. There's controls. There's bespoke integrations. There's product changes. There's a million little details that go into getting a regulated company off the ground. Details that very few startups at our stage ever have to think about.
Some people think we're making our lives harder than they have to be by doing all of this. But it's precisely the hard things that no one wants to do that are worth doing.
And I'm proud to say that we did it, joining the ranks of only a handful of crypto companies in the world that have met the highest standards of compliance to offer a regulated product in one of the largest, most important, and most rigorous regions in the world. And for perpetual futures, specifically, one of the first.
It turns out you can just do things, and we're not stopping there.
This year, we set our sites not just on Europe, but later to Japan, and ultimately our home, the USA. We've come a long way, but we have an even longer way to go. Every day. Little by little. Brick by brick.
🧱
Backpack 🎒@Backpack
Backpack EU is here 🎒🇪🇺 Today, we're live as one of the first exchanges to offer regulated perpetual futures in Europe. Private Beta access is limited to 100 spots per day, every day. Join the waitlist now: eu.backpack.exchange
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@FabrizioRomano £60mn is too much for Eze but then arsenal’s paying it so can’t really expect them to make sound decisions
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🚨🔴⚪️ Crystal Palace accept tonight £60m package from Arsenal for Eberechi Eze, agreement club to club done.
Arsenal finalising contract terms with Eze with player keen on joining #AFC project.
⏳🧨

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@FabrizioRomano These lot are twerking for isak and he don’t want them smh 🤦
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🚨⚪️⚫️ BREAKING: Newcastle statement in response to Alexander Isak.
“
We are disappointed to have been alerted to a social media post by Alexander Isak this evening.
We are clear in response that Alex remains under contract and that no commitment has ever been made by a club official that Alex can leave Newcastle United this summer.
We want to keep our best players, but we also understand players have their own wishes and we listen to their views. As explained to Alex and his representatives, we must always take into consideration the best interests of Newcastle United, the team and our supporters in all decisions and we have been clear that the conditions of a sale this summer have not transpired.
We do not foresee those conditions being met.
This is a proud football club with proud traditions and we strive to retain our family feel. Alex remains part of our family and will be welcomed back when he is ready to rejoin his teammates”.


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@JupiterExchange A wallet is still required to receive the crypto, please state the facts!
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@armaniferrante @Backpack Winners focus on winning, losers focus on winners.
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Folks in the @Backpack Chinese community talk much about competitors. They focus on what others do sometimes more than what we do ourself, perhaps a cultural disconnect between the East and the West. But we win not by beating the competition. We win by beating ourself.

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Rented a bike the day before embarking on a solo 250km bike-packing journey across three countries (Malaysia, Indonesia, Singapore). 🎒🚴♀️
Inspired by the @MadLads philosophy and waddling around with my @PudgyPenguins plushies as my travel buddies. 🫶
fock it, we ball ❤️🔥




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