pu uptopu🎒

[pu uptopu🎒 @PeePu01]

@Backpack 🎒🫶

[pu uptopu🎒 @PeePu01]

@yayamoku เลสสโกวโบร๋ว

[pu uptopu🎒 @PeePu01]

@yayamoku เก่งสุดๆเลย

[pu uptopu🎒 @PeePu01]

@T0nyCrypt0 @Flowbot_pro @extendedapp @nadoHQ @paradex LFG 💚

[Backpack 🎒 @Backpack]

IPOs. Onchain.

Get IPO share allocations directly on Backpack, enabled by our infrastructure partner @SuperstateInc.

Real shares. Direct ownership. On @solana.

Join the waitlist: https://t.co/Bs6WnNrCaD

[pu uptopu🎒 @PeePu01]

@Rutto02 HBD จ้ารุ่นพรี่ เฮงๆปังๆน้า ลวยแล้วอย่าลื��กัลลนะคะ🎁🎂

[pu uptopu🎒 @PeePu01]

@armaniferrante

[pu uptopu🎒 @PeePu01]

@yayamoku อยากเป็นเจ้าของหัวใจเธอ

[Backpack 🎒 @Backpack]

20% of Backpack equity given to users who stake for a year.

Don't just use the next big thing.

Own it. 🎒

[pu uptopu🎒 @PeePu01]

กินสะไม่กินจะหิวโซ 🎒

[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.

[pu uptopu🎒 @PeePu01]

@yayamoku @Linlimon99 @RialoHQ สุดติ่ง กะดิ่งหมี

[pu uptopu🎒 @PeePu01]

@Eig_Banphot รวย ไม่ ไหว แล้ววววว 😆

[pu uptopu🎒 @PeePu01]

@yayamoku อยากได้กี่ดอกจ้ะวันนี้

[pu uptopu🎒 @PeePu01]

B1 B2
กล้วยหอมจอมซนก็ดีนะ

[Backpack 🎒 @Backpack]

The ticker is

[pu uptopu🎒 @PeePu01]

@yayamoku สวดยอดดดด

[pu uptopu🎒 @PeePu01]

@weloiiip คุณตัวไร๊ไม่รู้ว ที่รู้วๆ พ้มไก่

[pu uptopu🎒 @PeePu01]

@armaniferrante 🫶🎒

[Armani Ferrante @armaniferrante]

25% on day one.

As we approach TGE, we'll be releasing our tokenomics, one step at a time.

It's unclear if "token" will even be the right way to describe our TGE. It'll be a token in form, but everything about it will be different from the status quo. The distribution will be different. The utility will be different. Even the functionality will be different. In fact, it'll be so different that it probably warrants a new name, a topic for another day.

Today, we only serve about ~48% of the world. Over the next year, we'll be opening up Backpack to the rest of the world, releasing new products, and expanding the community along the way.

To be definitively clear with no exception: There has never been a sale of a single Backpack token, and the entire supply will go towards growing Backpack into one of the largest financial institutions in the world.

We've come a long way, and we have an even longer way to go.

LFG

[pu uptopu🎒 @PeePu01]

@JYdmnLFG @Backpack @Backpack_CN @Miiiho420 可爱😍

[pu uptopu🎒 @PeePu01]

@yayamoku เสื้อสวยจุง