141 ฿฿

Do what you can , wherever you are with what you have !!

[Armani Ferrante @armaniferrante]

I didn't come into crypto 9 years ago to launch a shit coin.

I didn't come into crypto to get rich quick.

I came into crypto because I believe it's going to change the world, and that the industry was something worth dedicating my life to.

But somewhere along the way, amidst the booms, the busts, the moonshots, the decentralization theater, and the straight up scams, we lost our way.

I don't know about you, but I'm just tired of false promises. And that's what most things are today, simply promises. We live in the most centralized era crypto has ever experienced, and the more centralized something is, the less meaningful a token is.

While it's tempting to want to commit to these same promises, what happens if the team gets acquired? What happens if we want to re-invest into growth? What happens if we divert our time, energy, and resources out of band and circumvent the token altogether? What happens when the team and investors unlock? For many projects, the honest answer to these questions is not pleasant, and you see it in the price chart over and over again.

Unless something is completely decentralized to the point where an immutable protocol can function with the team having retired in the Bahamas sipping pina coladas all day, then utility is just a promise. Often that promise is admirable and well intentioned--but ultimately an unenforceable promise nonetheless. Outside of BTC, ETH, SOL, and a few others, nothing really passes this test. Noble new token models have emerged to solve this problem (shout out to MetaDAO), and today, we introduce our own.

Users that stake the Backpack token for at least a year will have the opportunity to exchange those tokens for equity at a fixed ratio--20% of the company today.

It's such a simple idea, but as far as I'm aware, this is the first time a user has been able to earn the equity of a company by just using the product. So obvious in hindsight, and something I hope others start to adopt as they march on their path to progressive decentralization--both in crypto and outside of the industry.

We have a lot more utility coming, things we'll share over the coming weeks, months, and year. As the Backpack community grows, we will decentralize the token, offering new things over time, some centralized like our equity offering, some decentralized as our product evolves. In the limit, I expect the token to represent more than anything a single company has to offer, but in the short run, it's the best we can do to show our long term commitment to our users.

I've said it before and I'll say it again. I can't promise anything. The only thing I can promise is commitment.

We go big or we go home--together, actually together.

[141 ฿฿ @CSR_141]

@TaprootWizards 😂

[141 ฿฿ @CSR_141]

@burnandclaim 141.skr

[Solana @solana]

BREAKING: @jpmorgan, the world's most valuable bank, arranged a landmark debt deal entirely on Solana for @galaxyhq, "marking a significant milestone for global financial markets."

Solana is built for institutions, delivering the speed, liquidity, and security required to handle the business of the world's largest banks.

[Solana @solana]

BIG NEWS: @Revolut, Europe's #1 neobank with 65 million+ users and 15 million crypto accounts, now supports Solana payments, transfers, and staking 🔥

[141 ฿฿ @CSR_141]

@AustinBlais4 @MadLads WAO

[141 ฿฿ @CSR_141]

@madgeolier @MadLads WAO

[141 ฿฿ @CSR_141]

@SOL1BOOM @sns @solanamobile Thanks 👍

[fabiano.sol @FabianoSolana]

Imagine waking up and your phone has no signal

Then you realize your number, your accounts… are no longer yours

That almost happened to me last week:

It started with random calls from the same number.
At first, I ignored them but it was a Swiss number, so I assumed it was something harmless. Maybe my rental agency, maybe someone from work.

After a few missed calls, I finally picked up.
The man on the other end said he was calling from the Federal Statistical Office to do a mandatory survey.

That actually made sense — those surveys are real and quite normal in Switzerland.
But something felt off. His German was broken, and he sounded unusually tense for someone doing official work.

Then he started asking for my data: name, date of birth, address.
I hesitated. The real government would call from a landline, not a random phone number. I should also have gotten an official letter before?

When I refused, he got annoyed and said:
“Can you at least give me your ID number so the verification process is quicker?”

That’s when it definitely clicked.

FYI here’s how this scam works:

If you hand over your personal details, they can contact your mobile carrier pretending to be you.
“Hi, I lost my phone. Can you transfer my number to a new SIM?”

That’s called a SIM swap. Once they take over your number, they can access every account tied to SMS two-factor authentication — your email, your bank, even your social media.

If I had shared my ID number, I could’ve lost everything.

Never give out personal data over the phone.
And never rely on SMS for 2FA — use an authenticator app or passkeys instead.

I got lucky this time. But scams like this are getting smarter every time

[141 ฿฿ @CSR_141]

@retentionjunkie Happy birthday 🫡

[141 ฿฿ @CSR_141]

Just got exclusive access to @upshot_cards 🫡 🔮

The world’s first high-stakes prediction card platform.

Want to be early to the next prediction market meta?

Sign up for waitlist: https://t.co/0CaXx5tUOV

[Xitadel @xitadel_fi]

Once in a blue moon, a new primitive that changes everything.

Devnet is coming. This October.

[141 ฿฿ @CSR_141]

All the respect

[DEGEN NEWS @DegenerateNews]

NEW: SLERF CLAIMS THAT “SLERF REFUNDS FROM THE INFAMOUS SLERF BURN ARE OFFICIALLY COMPLETE” - BACK IN MARCH 2024, THE PROJECT ACCIDENTALLY BURNED $10M+ WORTH OF PRESALE MEMECOIN TOKENS MEANT TO BE AIRDROPPED

[141 ฿฿ @CSR_141]

@sol_nxxn 9/10

[141 ฿฿ @CSR_141]

NFT’s are DEAD

[DEGEN NEWS @DegenerateNews]

NEW: COINBASE.ETH ACQUIRES UPONLY NFT FROM COBIE FOR 25M $USDC

[141 ฿฿ @CSR_141]

@rocktoshi21 🤣

[141 ฿฿ @CSR_141]

@sol_nxxn Bonk

[141 ฿฿ @CSR_141]

@pfourma Have one in 1y time and u will know why was the best decision

[141 ฿฿ @CSR_141]

@PikaSolanaToken 8wXThEy9GwKAndZWaGeCvzQEh3W6EeLE9Td1wET8VbSY