Backpack CEO: Armani Ferrante stated that team members hold company equity only and can profit from the project only after the company successfully goes public. Backpack plans to IPO in the United States, and currently, exchanges are gradually opening more regions and launching more products, including traditional financial services, securities products, etc. Each time a new region is opened or a new product is launched, tokens will be unlocked to users in a predictable manner, driving platform growth.

The token economics pattern is quite reasonable, and Backpack is currently seeking more financing with a valuation of $1 billion. Currently, there is no good perp application on the Solana portal, so whether Backpack can become a dark horse depends on the team's subsequent operational capabilities.

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