The Backpack TGE was far from perfect. A lot of the FUD we see today could've been prevented if certain things had been handled differently.
I'm also sorry to hear that many Chinese community members were incorrectly labeled as sybils. Since the Backpack team is reviewing those cases, I believe they'll eventually make things right.
The Chinese community is vital to the crypto ecosystem, and we want to see as many genuine users as possible join us on this journey. Except you SYBILS!
Most importantly, we as a community need to get back on our feet and support an exchange with this much potential. Unlike 99% of crypto projects, Backpack has solid tokenomics and a business that will soon be very profitable.
I truly hope the team learns from these mistakes and ensures they aren't repeated. Backpack is in a prime position to become a legendary CEX.
To show my support, in addition to the 1.9 million BP tokens I received from the airdrop, I have market-bought an additional $1M USD worth of BP token.
I'm either delusional or early on gems. Time will tell..