xTON 🎒

@GangueDoMacaco OG 🐒
@MadLads on Top 🎒
All-in-one crypto on my profile, include shitposts.
$BTC and $SOL Maximalist.

[xTON 🎒 @XtonSol]

Bullish on the best crypto alpha group

@GangueDoMacaco

[xTON 🎒 @XtonSol]

Voa Menino Ney

[Neymar Jr @neymarjr]

o ousado chegouu !!! kkkk

[xTON 🎒 @XtonSol]

@JetXBT Me too 🤦‍♂️

[xTON 🎒 @XtonSol]

@JetXBT @billions_ntwk Refund
Easy choice

[xTON 🎒 @XtonSol]

I seriously read what you wrote.

​You think the tokens in wallet 43DbAvKxhXh1oSxkJSqGosNw3HpBnmsWiak6tB5wpecN should reach 25% because they are being 'unlocked.'

​In reality, that is the exchange's wallet, and that is the amount of BP currently held there. The remainder consists of 75% in Wallet GySFHFS5ZiN4Z5YnyPZcjjxpYcGvD7qHZYVjE9QzMHVH and the rest in various wallets on the Solana Blockchain.

​Sorry to frustrate your idiotic analysis.
Does someone actually hire you to do this?

[xTON 🎒 @XtonSol]

@profSPedro @desireerugani Ele foi buscar o Maduro na casa dele e entregou um míssil em mãos ao Khamenei. Pq qual motivo vc acha que ele poderia ter alguma fama de pipoqueiro?

[xTON 🎒 @XtonSol]

Yes, I can name two:

​Solana: In 2022, when FTX collapsed, the entire market left the project for dead. The price plummeted from $260 to $8, volume vanished, and everyone claimed that whoever stayed behind was just "exit liquidity." The team ignored the noise, focused on the product, and today it’s the leading network.

​Robinhood: In 2021, they disabled the "buy" button for GameStop and became the villains of the world; everyone swore they would never use the app again. What did they do? They used their treasury to secure licenses, acquire companies, and launch exactly what Backpack is aiming for: on-chain stocks. Today, they have record revenues and millions of users, and no one even remembers the controversy.

[xTON 🎒 @XtonSol]

I totally agree with you on that point. If I could have just bought [the token] back then instead of trading for points, I would have done exactly that.

​If Backpack had launched with only three seasons, the market was in a better place at that time; Backpack would have likely launched at a $1 billion valuation, and our points wouldn't have been diluted by an extra season.

​You are absolutely right, and I can't argue with that. The only thing at play here is risk and reward. Just as those coming in now are getting an entry point five times better, they could just as easily have had to enter at a price five times worse. That was the game we played, and I believe the team didn't have much control over how that played out—other than the fact that they could have limited it to only three seasons.

[xTON 🎒 @XtonSol]

I know people see the volume decreasing and think everything is over and the token is going to zero, but perhaps Backpack’s true user base hasn't even been formed yet.
Coinbase was founded in 2012. Do you remember when you first joined and made your first buy or sell order there?

For Backpack, the product is solid and the path I mentioned makes sense. They have built an excellent treasury to reach these objectives and follow this roadmap.

I am aware that this capital was raised from those currently using the platform, and many feel like it was a "scam" because exiting right now would mean a massive loss.

However, the reward was promised and delivered; if we stake now, we will all have the chance to take profits and exit when the exchange reaches a valuation comparable to Kraken.
Of course, it might not work out—that's always a possibility. But there really isn't a different path from where we stand right now.

[xTON 🎒 @XtonSol]

Scammers mother fuckers!

[edgeX🦭 @edgeX_exchange]

Clarification on the 14% airdrop allocation.

Within the next two hours, 141,658,500 $EDGE, 14% of total supply will be transferred to lockup wallets: https://t.co/lOZQBXHjQU

The lock-up will use an open-source contract built on OpenZeppelin's audited VestingWallet, locking tokens for 1 year.

Following the launch of the edgeX points program, the program attracted liquidity and large traders who provided liquidity and supported the platform’s early-stage growth. These participants took part in the program on the same basis as all other users, with the post-weighting distribution criteria applied consistently across all participants. Their resulting points balance reflected the scale of liquidity they contributed under the same program rules.

Those liquidity providers and partners, who were instrumental in our early growth, have demonstrated their conviction by agreeing to a one-year lock-up for tokens representing 14% of the total supply.

[xTON 🎒 @XtonSol]

@jrwhale There are a few zeros missing from your staking amount and we both know there are plenty of them

[xTON 🎒 @XtonSol]

Have you said your daily GM on @inkonchain yet?

Don't forget to Tap to GM 👇👇 https://t.co/RHtyp3YLVq

[xTON 🎒 @XtonSol]

@JetXBT WAO

[Armani Ferrante @armaniferrante]

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.

[xTON 🎒 @XtonSol]

@defiremora Não

https://t.co/LHqdTRQrHl

[xTON 🎒 @XtonSol]

Eu nem participo da comunidade desse cara e não teria pq defender.

Pelo que falaram a Backpack só trocava referal quando o referal original estava inativo, se tivesse ativo, não trocava.

E isso é super normal, conheço muitas corretoras de Forex regulamentadas que fazem a troca sem maiores transtornos sendo o referal original ativo ou não.

Não vejo motivo de alarde ou FUD neste caso.

[xTON 🎒 @XtonSol]

Eu nem participo da comunidade desse cara e não teria pq defender.

Pelo que falaram a Backpack só trocava referal quando o referal original estava inativo, se tivesse ativo, não trocava.

E isso é super normal, conheço muitas corretoras de Forex regulamentadas que fazem a troca sem maiores transtornos sendo o referal original ativo ou não.

Não vejo motivo de alarde ou FUD neste caso.

[xTON 🎒 @XtonSol]

@KittaKitka @MadLads MadLads needs to evolve: build its own products, launch its own coin (like PENGU), and cut the cord with exchange.
MadLads is a bigger community, not just NFT of Backpack

[Backpack 🎒 @Backpack]

Check your allocation and claim your stake: https://t.co/wwrpIcdIg7

• First 7 days: unstake anytime
• After that: 7-day unstaking period