Vibhu explains how @Backpack lets users turn tokenized stocks back into actual shares
"Backpack is a full brokerage, so it's one-to-one. They seed liquidity, and if demand outweighs the supply onchain, they progressively buy more shares on the brokerage side and mint them onchain."
"And you can redeem your tokenized equity for the actual share itself. They built an equity bridge that works on both sides. I can take my equity from my brokerage and move it onchain, or take it off, and it remains equity the entire time."
A token launch is the starting line.
“You don’t get rich as a founder unless you do something amazing.”
Our goal is to build Backpack into a pillar of the world’s economy. We have to earn that outcome the same way the best Silicon Valley companies do: by building something that matters.
@armaniferrante on the commitment and alignment behind Backpack.
@0xiamjosh@KyleSamani Good for OSINT, parsing lots of sources, assembling it, analyse from many angles.
Another word, it is next level tool for processing as much information as possible for your goals.