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๐จ ๐๐ฟ๐๐ฝ๐๐ผ ๐ฒ๐
๐ฐ๐ต๐ฎ๐ป๐ด๐ฒ ๐๐ฎ๐ฐ๐ธ๐ฝ๐ฎ๐ฐ๐ธ ๐๐ผ ๐น๐ฎ๐๐ป๐ฐ๐ต ๐๐ผ๐ธ๐ฒ๐ป ๐๐ถ๐๐ต ๐๐ป๐น๐ผ๐ฐ๐ธ๐ ๐๐ถ๐ฒ๐ฑ ๐๐ผ ๐๐ฃ๐ข ๐ด๐ผ๐ฎ๐น
๐ผ Crypto exchange Backpack has announced plans to launch a 1B-supply token, with unlocks tied to its goal of going public (IPO) in the US.
๐ Token Distribution Plan:
๐ช 25% (250M tokens) will be released at launch
๐ 37.5% (375M tokens) will unlock after key milestones
๐ฆ 37.5% (375M tokens) will remain locked until 1 year after IPO
๐ฏ Key Highlights:
๐ซ No token allocation for founders, team, or investors
๐ก๏ธ Designed to prevent insiders from โdumping on retailโ
๐ก Team members will benefit only through company equity
๐ฐ IPO & Funding Outlook:
๐ Backpack is reportedly in talks to raise $50M
๐ Valuation could reach $1B (potential crypto unicorn)
๐ฅ Takeaway:
Backpack is trying to build a fair token economy by linking token unlocks to real business growth, not insider profits.
#CryptoNews #backpack #tokenlaunch #IPO #BinanceSquareFamily
๐ผ Crypto exchange Backpack has announced plans to launch a 1B-supply token, with unlocks tied to its goal of going public (IPO) in the US.
๐ Token Distribution Plan:
๐ช 25% (250M tokens) will be released at launch
๐ 37.5% (375M tokens) will unlock after key milestones
๐ฆ 37.5% (375M tokens) will remain locked until 1 year after IPO
๐ฏ Key Highlights:
๐ซ No token allocation for founders, team, or investors
๐ก๏ธ Designed to prevent insiders from โdumping on retailโ
๐ก Team members will benefit only through company equity
๐ฐ IPO & Funding Outlook:
๐ Backpack is reportedly in talks to raise $50M
๐ Valuation could reach $1B (potential crypto unicorn)
๐ฅ Takeaway:
Backpack is trying to build a fair token economy by linking token unlocks to real business growth, not insider profits.
#CryptoNews #backpack #tokenlaunch #IPO #BinanceSquareFamily
Backpack is about to issue tokens.
In simple terms: Backpack is about to issue tokens, the first wave releases 25%, most of which goes to users who previously earned points, and the remaining 75% will be unlocked gradually.
Let's break it down:
First, let's look at the token issuance scale: a total of 1 billion tokens, only 250 million (25%) will be released on the first day (TGE).
Out of these 250 million, 240 million goes to point users, and 10 million goes to Mad Lads NFT holders.
What about the remaining 75%?
37.5% (375 million pieces) is "Growth Trigger Unlock" โ in simple terms: the project unlocks only when certain goals (like user count, transaction volume) are reached, not just based on time.
Let's break it down:
First, let's look at the token issuance scale: a total of 1 billion tokens, only 250 million (25%) will be released on the first day (TGE).
Out of these 250 million, 240 million goes to point users, and 10 million goes to Mad Lads NFT holders.
What about the remaining 75%?
37.5% (375 million pieces) is "Growth Trigger Unlock" โ in simple terms: the project unlocks only when certain goals (like user count, transaction volume) are reached, not just based on time.
JD vance:
็ๅธๅๅธ ่ฏๅฟ้กน็ฎๆน
BACKPACK EYE TOKEN $BP? ๐คฏ
HOT NEWS: Backpack, the cryptocurrency startup of a former FTX employee, is negotiating to raise $50 million. Pre-money valuation is $1 billion. The tokenization plan is being announced. This is an opportunity you cannot miss. The market is buzzing. Act now. The future is being shaped. Don't stay out of the game.
Disclaimer: Cryptocurrency trading carries risks.
#CryptoNews #Backpack #Tokenization #FOMO ๐ฅ
HOT NEWS: Backpack, the cryptocurrency startup of a former FTX employee, is negotiating to raise $50 million. Pre-money valuation is $1 billion. The tokenization plan is being announced. This is an opportunity you cannot miss. The market is buzzing. Act now. The future is being shaped. Don't stay out of the game.
Disclaimer: Cryptocurrency trading carries risks.
#CryptoNews #Backpack #Tokenization #FOMO ๐ฅ
๐จ BACKPACK EXCHANGE VALUATION EXPLOSION ๐จ
Former FTX talent is moving fast. Backpack is reportedly in talks to raise $50M at a $1 Billion pre-money valuation.
This signals massive confidence in the next wave of exchange innovation. They are also planning tokenization. Watch this space closely.
Follow now for deep alpha dives on what this means for the market structure.
#CryptoExchange #Backpack #Tokenization #AlphaAlert ๐
Former FTX talent is moving fast. Backpack is reportedly in talks to raise $50M at a $1 Billion pre-money valuation.
This signals massive confidence in the next wave of exchange innovation. They are also planning tokenization. Watch this space closely.
Follow now for deep alpha dives on what this means for the market structure.
#CryptoExchange #Backpack #Tokenization #AlphaAlert ๐
๐จ BACKPACK EXCHANGE VALUATION EXPLOSION! ๐จ
FTX alumni founded Backpack is reportedly in talks for a massive $50M raise.
This values the exchange at a staggering $1 Billion pre-money.
Key move: They are simultaneously announcing tokenization plans. This changes the game for exchange models. Follow for deeper alpha on this ecosystem shift.
#CryptoNews #ExchangeTokenization #Backpack #VentureCapital ๐
FTX alumni founded Backpack is reportedly in talks for a massive $50M raise.
This values the exchange at a staggering $1 Billion pre-money.
Key move: They are simultaneously announcing tokenization plans. This changes the game for exchange models. Follow for deeper alpha on this ecosystem shift.
#CryptoNews #ExchangeTokenization #Backpack #VentureCapital ๐
IPO IMMINENT. FOUNDERS LOCKED.
This is NOT a drill. Backpack is going public. Founders, execs, VCs are locked out of tokens until at least one year post-IPO. No insider dumping. Ever. This is designed for MASSIVE retail upside. Every new market, every new product launch fuels token growth, outperforming dilution. The company treasury holds the tokens, not the team. They get equity. This is the blueprint for escape velocity. The future of trading is here.
DISCLAIMER: Trading is risky.
#Backpack #Crypto #IPO #FOMO ๐
This is NOT a drill. Backpack is going public. Founders, execs, VCs are locked out of tokens until at least one year post-IPO. No insider dumping. Ever. This is designed for MASSIVE retail upside. Every new market, every new product launch fuels token growth, outperforming dilution. The company treasury holds the tokens, not the team. They get equity. This is the blueprint for escape velocity. The future of trading is here.
DISCLAIMER: Trading is risky.
#Backpack #Crypto #IPO #FOMO ๐
Backpack introduces its entire token distribution
#Backpack reveals its complete token allocation: 25% (250M tokens) will be unlocked at TGE, including 24% for the Points airdrop (240M) and 1% for #MadLads (10M). 37.5% (625M) is reserved for the pre-IPO phase and be unlocked upon hitting growth milestones, while the remaining 37.5% (375M) is allocated post-IPO to the company treasury and will remain fully locked for one year as a long-term strategic digital asset.
Backpack is an open-source crypto wallet and exchange platform that offers a robust, user-friendly platform for seamlessly trading, managing, and securing cryptocurrency assets.
๐ x.com/Backpack/status/2020859026221744435
#Backpack reveals its complete token allocation: 25% (250M tokens) will be unlocked at TGE, including 24% for the Points airdrop (240M) and 1% for #MadLads (10M). 37.5% (625M) is reserved for the pre-IPO phase and be unlocked upon hitting growth milestones, while the remaining 37.5% (375M) is allocated post-IPO to the company treasury and will remain fully locked for one year as a long-term strategic digital asset.
Backpack is an open-source crypto wallet and exchange platform that offers a robust, user-friendly platform for seamlessly trading, managing, and securing cryptocurrency assets.
๐ x.com/Backpack/status/2020859026221744435
SOLANA EXPLOSION IMMINENT $BTC
Backpack TGE CONFIRMED. Toly's new avatar screams launch. This is NOT a drill. History repeats. Moonbirds TGE followed Toly's avatar change. Now Backpack. Get ready for the pump. Massive FOMO is building. Don't get left behind. The countdown has begun.
This is not financial advice.
$SOL #Solana #Backpack #Crypto
Backpack TGE CONFIRMED. Toly's new avatar screams launch. This is NOT a drill. History repeats. Moonbirds TGE followed Toly's avatar change. Now Backpack. Get ready for the pump. Massive FOMO is building. Don't get left behind. The countdown has begun.
This is not financial advice.
$SOL #Solana #Backpack #Crypto
#Crypto #backpack #BNB_Market_Update Market Huge dump ๐ see history repeats BnB update 300$BNB Soon
B
BNB/USDT
Price
772.48
BACKPACK: The Best Airdrop of 2026 with Potential of $20,000 dollars
BACKPACK - The most awaited project on the list โ and the one with the HIGHEST potential of all: a Backpack.
A Backpack is an Exchange combined with a fully on-chain wallet. And what sets them apart? The most transparent proof of reserves in the crypto market.
To farm, you need to make volume โ whether in the Spot market or in Futures. The more volume, the more points you accumulate.
#Airdrop #backpack #criptomoedas.
BACKPACK - The most awaited project on the list โ and the one with the HIGHEST potential of all: a Backpack.
A Backpack is an Exchange combined with a fully on-chain wallet. And what sets them apart? The most transparent proof of reserves in the crypto market.
To farm, you need to make volume โ whether in the Spot market or in Futures. The more volume, the more points you accumulate.
#Airdrop #backpack #criptomoedas.
ใ#BACKPACK Exchange โ #LINEBANK Withdrawal Testing Tutorialใ
โ Directly withdraw USDC! 0 wear and tear
โ Total transaction fee is only 50 New Taiwan Dollars (approximately 1.5 USD)
โ Tested, funds received in the afternoon after withdrawing at noon
A complete step-by-step guide for you๐
๐นStep 1: First, register an account
๐ Backpack
https://backpack.exchange/signup?code=84408934-6f69-459e-b890-6b5d575dac22
๐ LINE BANK
https://www.linebank.com.tw/R/mgm-portal/?campaignId=2&uid=bf0IcB
#backpack #linebank
๐นStep 2: Withdraw USDC โ Fiat Currency
๐ Deposit USDC into BACKPACK Exchange
๐ Click ใWithdrawใโ Select ใFiat Currencyใ
๐ Fill in LINE BANK payment information as follows๐
SWIFT CODE: LITNTWTP
Account Number: Foreign Currency Account
Bank Name: LINE Bank Taiwan Limited
Address: No. 333-3, Ruiguang Rd., Neihu Dist
City: Taipei City
Intermediary Bank SWIFT: Leave blank
๐นStep 3: I personally tested withdrawing at 12 PM โ Received notification from LINE BANK at 5 PM!
In LINE BANK, choose the remittance nature "268 Sale of Foreign Virtual Assets"!
Only a 50 New Taiwan Dollar transaction fee, zero exchange rate loss!$
โ Super suitable for small withdrawals! Much cheaper than Green Leaf and Sea Demon!
๐ข Recommended for those who need to withdraw from overseas exchanges
#Cryptocurrency #BACKPACK #Withdrawal Tutorial #LineBank #Small Investment Withdrawal
โ Directly withdraw USDC! 0 wear and tear
โ Total transaction fee is only 50 New Taiwan Dollars (approximately 1.5 USD)
โ Tested, funds received in the afternoon after withdrawing at noon
A complete step-by-step guide for you๐
๐นStep 1: First, register an account
๐ Backpack
https://backpack.exchange/signup?code=84408934-6f69-459e-b890-6b5d575dac22
๐ LINE BANK
https://www.linebank.com.tw/R/mgm-portal/?campaignId=2&uid=bf0IcB
#backpack #linebank
๐นStep 2: Withdraw USDC โ Fiat Currency
๐ Deposit USDC into BACKPACK Exchange
๐ Click ใWithdrawใโ Select ใFiat Currencyใ
๐ Fill in LINE BANK payment information as follows๐
SWIFT CODE: LITNTWTP
Account Number: Foreign Currency Account
Bank Name: LINE Bank Taiwan Limited
Address: No. 333-3, Ruiguang Rd., Neihu Dist
City: Taipei City
Intermediary Bank SWIFT: Leave blank
๐นStep 3: I personally tested withdrawing at 12 PM โ Received notification from LINE BANK at 5 PM!
In LINE BANK, choose the remittance nature "268 Sale of Foreign Virtual Assets"!
Only a 50 New Taiwan Dollar transaction fee, zero exchange rate loss!$
โ Super suitable for small withdrawals! Much cheaper than Green Leaf and Sea Demon!
๐ข Recommended for those who need to withdraw from overseas exchanges
#Cryptocurrency #BACKPACK #Withdrawal Tutorial #LineBank #Small Investment Withdrawal
Sol phone benefits, free $1400 from Backpack
Invitation code: laowang
Recently received the Solana Seeker phone, take a look. Phone benefits: Each unactivated Seeker phone can receive a $1000 fee rebate, low-cost earning of Backpack exchange points, with one point being around 0.35u off-exchange. A $1000 fee can yield around $4 million in trading volume, which is about 4000 points, worth 1400u, waiting for the later airdrop. The Sol project parties are very generous, especially since this is an exchange. As one of the exchanges with the strongest resources and background in the Solana ecosystem, Backpack's potential should not be underestimated. Core idea: low-cost point accumulation, even achieving a free ride. My goal is to maximize the efficiency of point acquisition, trying to keep costs close to zero, or even make a small profit. Below is my preliminary plan (Reminder: beginners should start with small amounts for testing, understand the principles before increasing investment, to avoid mistakes that lead to financial loss): 1. Utilize fee discounts
Recently received the Solana Seeker phone, take a look. Phone benefits: Each unactivated Seeker phone can receive a $1000 fee rebate, low-cost earning of Backpack exchange points, with one point being around 0.35u off-exchange. A $1000 fee can yield around $4 million in trading volume, which is about 4000 points, worth 1400u, waiting for the later airdrop. The Sol project parties are very generous, especially since this is an exchange. As one of the exchanges with the strongest resources and background in the Solana ecosystem, Backpack's potential should not be underestimated. Core idea: low-cost point accumulation, even achieving a free ride. My goal is to maximize the efficiency of point acquisition, trying to keep costs close to zero, or even make a small profit. Below is my preliminary plan (Reminder: beginners should start with small amounts for testing, understand the principles before increasing investment, to avoid mistakes that lead to financial loss): 1. Utilize fee discounts
#backpack
The official tweet hinted that something big is coming in February 2025!
If you have the conditions, go and check the transaction volume, just in case there is a big airdrop!
This is not a promotional post, not an advertising post, oh!!!
The official tweet hinted that something big is coming in February 2025!
If you have the conditions, go and check the transaction volume, just in case there is a big airdrop!
This is not a promotional post, not an advertising post, oh!!!
Backpack CEO Armani Ferrante says the sudden wave of FUD looks staged by a rival project. He called it strange since the issue only involved about 40 users and $40K in settlements.
The reaction feels too big for something so small.
#backpack #ArmaniFerrante #CryptoNews #FUD #Web3
The reaction feels too big for something so small.
#backpack #ArmaniFerrante #CryptoNews #FUD #Web3
Is W the backpackโs first airdrop? Can I still participate in the second round of airdrops? Operation process sharing!
Good afternoon, brothers. Backpack has determined the second round of airdrop procedures, and it is recommended to brush by head. Excluding the first round of airdrops. 3.18 has been snapshotted. Airdrop shouldnโt be bad! Next, letโs introduce how to participate in the second round and the tokens obtained will be directly benchmarked against BLUR? (Backpackโs platform currency is the biggest gross)
Backpack is the next generation cryptocurrency exchange and multi-chain wallet. Backpackโs technology provides a self-hosted solution that integrates multi-party computation (MPC) technology to keep funds safe.
Project team and financing institutions: Armani Ferrante is the founder of Backpack and was previously a software engineer at Oasis Labs and Apple. He is a graduate of the University of California, Berkeley. The first round of investment institutions FTX Ventures*, Jump Crypto*, Multicoin Capital, K5 Global, Anagram raised 20 million, the second round raised 17 million, and the valuation is as high as 120 million!
Backpack is the next generation cryptocurrency exchange and multi-chain wallet. Backpackโs technology provides a self-hosted solution that integrates multi-party computation (MPC) technology to keep funds safe.
Project team and financing institutions: Armani Ferrante is the founder of Backpack and was previously a software engineer at Oasis Labs and Apple. He is a graduate of the University of California, Berkeley. The first round of investment institutions FTX Ventures*, Jump Crypto*, Multicoin Capital, K5 Global, Anagram raised 20 million, the second round raised 17 million, and the valuation is as high as 120 million!
#backpack This week the backpack scored 3000 points, the competition is intense with a trading volume of 1.4 million dollars. However, it seems that 1 point is about 0.5 USD, everyone still needs to persevere.
Remember the "Four Whatevers": If you are asked to take the overall situation into consideration, you are not in this "game"; If you are asked to do anything at any cost, you are the "price"; If you are encouraged to do anything, it is necessary. You fill it in; anything that is forbidden for you to do has benefits but I donโt want to share it with you.
#btc #sol #eth #backpack #ada
#btc #sol #eth #backpack #ada
โ๐ฅ BREAKING: Backpack EU Launches Regulated Crypto Perpetual Futures! ๐ฅ
โThis is a massive step forward for the institutionalization of crypto in Europe. Backpack EU has officially launched, becoming one of the very first exchanges to offer regulated perpetual futures in the European market. ๐
โThis is a landmark moment because it brings the high-demand world of derivatives trading into a fully compliant, licensed framework. Operating under a MiFID II license from Cyprus, Backpack is paving the way for a new era of trust and security in the crypto derivatives space, filling the void left by unregulated offshore exchanges. โ
โ๐ Why this launch is a huge deal:
โInstitutional Gateway: Regulated futures open the door for large institutional investors and hedge funds in Europe who were previously restricted from participating in the crypto derivatives market due to compliance risks. ๐
โRebuilding Trust: Backpack's acquisition of FTX EU and its commitment to refunding former FTX customers is a powerful statement. This move helps to restore confidence in the wake of past collapses and sets a new standard for ethical conduct in the industry. ๐ค
โLeveling the Playing Field: The launch offers European traders a local, regulated alternative to offshore platforms, providing a safer environment with clear rules and investor protections. ๐ก๏ธ
โThe DeFi Revolution: As DeFi becomes more mainstream, this type of regulated product will be crucial for hedging strategies and enabling more sophisticated financial products.
โ๐ก The narrative is clear: Regulation is no longer a roadblockโit's the next catalyst. Backpack is leading the charge by showing that compliance and innovation can go hand-in-hand.
โWhat do you think? Will regulated crypto perpetuals attract more traditional finance players to the European market? Let me know in the comments! ๐
โ๐ข For daily crypto news ๐ฐ, don't forget to like ๐, share ๐, and follow ๐.
โ#Backpack #EU #Regulation #PerpetualFutures #BinanceSquare
โThis is a massive step forward for the institutionalization of crypto in Europe. Backpack EU has officially launched, becoming one of the very first exchanges to offer regulated perpetual futures in the European market. ๐
โThis is a landmark moment because it brings the high-demand world of derivatives trading into a fully compliant, licensed framework. Operating under a MiFID II license from Cyprus, Backpack is paving the way for a new era of trust and security in the crypto derivatives space, filling the void left by unregulated offshore exchanges. โ
โ๐ Why this launch is a huge deal:
โInstitutional Gateway: Regulated futures open the door for large institutional investors and hedge funds in Europe who were previously restricted from participating in the crypto derivatives market due to compliance risks. ๐
โRebuilding Trust: Backpack's acquisition of FTX EU and its commitment to refunding former FTX customers is a powerful statement. This move helps to restore confidence in the wake of past collapses and sets a new standard for ethical conduct in the industry. ๐ค
โLeveling the Playing Field: The launch offers European traders a local, regulated alternative to offshore platforms, providing a safer environment with clear rules and investor protections. ๐ก๏ธ
โThe DeFi Revolution: As DeFi becomes more mainstream, this type of regulated product will be crucial for hedging strategies and enabling more sophisticated financial products.
โ๐ก The narrative is clear: Regulation is no longer a roadblockโit's the next catalyst. Backpack is leading the charge by showing that compliance and innovation can go hand-in-hand.
โWhat do you think? Will regulated crypto perpetuals attract more traditional finance players to the European market? Let me know in the comments! ๐
โ๐ข For daily crypto news ๐ฐ, don't forget to like ๐, share ๐, and follow ๐.
โ#Backpack #EU #Regulation #PerpetualFutures #BinanceSquare
Backpack unveils a partnership with Superstate
#Backpack partners with #Superstate to integrate its on-chain stock platform, Opening Bell. Through this partnership, Backpack will allow users to trade SEC-registered public company stocks on the platform. The stocks share the same CUSIP codes as those listed on Nasdaq or NYSE and are issued by Superstate as the transfer agent, providing investors with direct ownership and associated rights. Details on the first supported tokenized stocks and their launch date will be revealed in the coming weeks.
๐ coindesk.com/business/2025/10/15/backpack-expands-to-sec-registered-tokenized-stocks-with-superstate-partnership
#Backpack partners with #Superstate to integrate its on-chain stock platform, Opening Bell. Through this partnership, Backpack will allow users to trade SEC-registered public company stocks on the platform. The stocks share the same CUSIP codes as those listed on Nasdaq or NYSE and are issued by Superstate as the transfer agent, providing investors with direct ownership and associated rights. Details on the first supported tokenized stocks and their launch date will be revealed in the coming weeks.
๐ coindesk.com/business/2025/10/15/backpack-expands-to-sec-registered-tokenized-stocks-with-superstate-partnership
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