Same feeling, big mistake for how team handled with madlads holders, most of the long term holders even cannot get 1k airdrop, since there is no instructions before tge. I love the products and features about backpack, but still a lot of alternatives choices, only Fock it is WAO
BREAKING: Backpack unofficial checker now values points at around $0.15.
You can already check your drop right now - just log into your Backpack Exchange account and open this link: https://t.co/pK6NQVKEB2
Right now the conversion looks like 0.50 token per point, which means 10 points equals 5 tokens.
And if you look at the FDV range people have been talking about around $300M, then like I said before, each point comes out somewhere around 15 to 20 cents.
That is awful.
This honestly looks like one of the worst drops of the year so far after Opinion, and the start of the year is already turning into a run of bad drops.
After this, even more people started believing Backpack just scammed its farmers.
Now we wait for the official drop tomorrow.
How much did you farm?