Early where it matters. Loud when it counts. Local Mad Lad. Trading on @Backpack
Backpack Universe
Joined June 2012
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Georman 🇬🇷 retweeted
Creators on Souvenir now decide who their coin rewards. And any NFT collection with a real market can be the prize. Both are live.
Set the odds
Until today every Souvenir coin worked one way: one coin held, one ticket. The biggest wallets had the best odds.
Now the creator picks the rule at launch:
Standard: one ticket per coin held.
Hard cap: no wallet counts past 1, 2, 3 or 5% of supply. Hold 20% under a 1% cap and your odds match a 1% holder's.
Soft cap: past the cap, each slice counts half the one before, so no wallet ever counts for more than twice the cap.
Square root: 100× the coins gets 10× the odds, not 100×.
Add a minimum holding of 0.001, 0.01 or 0.1% to keep dust wallets out. Holding streaks still stack on top, so the longer you hold, the better your odds.
The rule is locked at launch and committed on chain with every draw, so anyone can check the winner was picked under it. If no wallet meets the minimum, that round counts every holder. A minimum never strands a pot.
So a creator can build the coin they want: one that rewards its biggest backers, or one where the whole community has a real shot.
Pick any NFT
NFT prizes started with 9 hand-picked collections, from Mad Lads to Claynosaurz. Now the community adds the rest.
Paste a Tensor or Magic Eden link in the launch form and Souvenir checks the collection on the spot: verified, at least 15 listed, real trading this week, a floor between $20 and $25,000, at most 7.2% in fees and royalties, and a simulated buy that goes through. If it passes, you can launch with it right away, marked "Added by the community". Collections are re-checked every 6 hours.
At each draw, Souvenir buys the cheapest listed NFT on chain and sends it to the winner. Nothing to claim.
That means any Solana NFT community with a real market can now run a coin on its own collection. Trading fills the pot, the pot buys from the floor, and a holder gets the NFT. The more the coin trades, the more floor NFTs get bought.
souvenir.finance/launch
Georman 🇬🇷 retweeted
This week on Souvenir:
- The marketplace opens: sell your goods as prizes, or launch a coin for them.
- Last Call, Oct 13: a quiet coin's pot is drawn for holders.
- The Souvenir app goes to the dApp Store.
- More stores, more countries.
The roadmap:
Georman 🇬🇷 retweeted
Armani Ferrante on Backpack’s regulated, unified market structure at #TOKEN2049.
“We have a single platform that everything is going to plug into. International, Japan, Europe, US. Single layer that bridges kind of DeFi and TradFi in a way that nobody’s done before.”
“We want to be this regulated backbone, not just for our own products, but for the entire Solana ecosystem.”
Georman 🇬🇷 retweeted
Introducing Backpack AI Search.
Ask Backpack to find it.
A stock. A strategy. A market condition. Anything you can put into words.
Stocks. Crypto. Perps. Earn. One search bar across Backpack.
Just ask.
Georman 🇬🇷 retweeted
Hypothetical question for the @Backpack community... 🎒👀
If the exchange had an official mascot, what are we naming him?
49%BoB(Build On Backpack)
16%Baggy
11%BpMan
23%Other( Reply below! )
79 votes • Final results Georman 🇬🇷 retweeted
appreciate the first write-up 🫡
Found a seriously interesting new launchpad on Robinhood Chain @dogpilenow
Their whole model to beat sniper bots: "Five minutes. One price. Everybody in."
⏱️ The Window: 5 minutes to pool your ETH.
🤝 The Price: First second or last, everyone pays the EXACT same price.
🔒 The Close: Clock hits 0:00, door shuts, and one massive buy executes for the whole pile.
💰 The Claim: Claim your tokens + any unspent ETH directly from the contract.
Anyone tried it yet?
Georman 🇬🇷 retweeted
Rates are making headlines. Now they're easier to follow & trade.
Introducing the Rates dashboard on Backpack.
Monitor live yields, inflation, the debasement trade, and the events moving markets.
Explore Rates. Trade US Treasury ETFs → backpack.exchange/stocks/rat…
Georman 🇬🇷 retweeted
Backpack's strategy isn't just to get licenses--people have done that and will do that.
Backpack will build the first regulated, unified Crypto + TradFi aggregation layer in the world.
- There won't be Backpack offshore vs Backpack onshore.
- There won't be fragmented liquidity.
- There will be one system worldwide.
CeFi and DeFi, together.
Would you believe me if I told you @Backpack is just getting started?
Imagine once they fully open to the US, EU, and Japan.
Georman 🇬🇷 retweeted
Cash dividends for stocks and ETFs are now live on Backpack.
Eligible dividends are credited directly to your account 🎒
Georman 🇬🇷 retweeted
Be Armani
> born in USA,
obsessed with computers before high school
“i just wanted to build things that actually worked”
> studied computer science at UC Berkeley
learned systems, security, scale
B.A. in Computer Science
> first job: engineer at apple
learned perfection and polish
but something felt missing
> 2017
reads the ethereum whitepaper
realizes code could replace trust
leaves apple to go all-in on crypto
> 2018
joins alameda research before it even launches
helps set up trading infra
leaves after 3 months — “not my kind of game”
> 2020
returns briefly to help on solana-based projects like serum
meets the early solana devs
sees the raw potential
“fast, open, permissionless — this is it”
> becomes one of solana’s core builders
builds protocols, developer tools, security frameworks
> 2021
releases Anchor
makes smart-contract development on solana 10× easier
instantly becomes the standard
today, most solana projects run on Anchor
> 2022
founds Backpack
starts as a wallet and an idea:
apps that live inside NFTs — “xNFTs”
the goal: a decentralized app store, owned by users
> november 2022
FTX collapses
Backpack loses ~88 % of its treasury overnight
most teams would quit
Armani doesn’t
“we’ll build the exchange people actually deserve”
> april 2023
launches Mad Lads
a collection, but more like a movement
$1.4 million raised
funds Backpack’s survival
community rallies
culture becomes code
> 2023–2024
builds Backpack Exchange in stealth
headquartered in japan — strict regulation by design
wants transparency and compliance baked-in
> october 2023: Dubai VASP license
february 2024: $17 million Series A (round led by Placeholder VC)
january 2025: acquires FTX EU for $32.7 million
gains MiFID II license (CySEC)
exchange goes live → $1 billion volume in 4 days
> introduces “yield futures”
combines trading, yield, custody — all in one
ceFi meets DeFi
> Armani’s philosophy:
“the future is one platform — secure, transparent, self-custodial, fun.”
> 2025
Backpack Exchange processes tens of billions in volume
expands globally
fuses the worlds of regulation and decentralization
> spent 8 years building solana’s infrastructure
wallet, framework, exchange, culture
Backpack means home.
Georman 🇬🇷 retweeted
More info About Backpack tge
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
Georman 🇬🇷 retweeted
Got approved for a $3,000 $VOOI presale allocation on @legiondotcc.
Fourth one in a row.
The deals keep getting bigger !
Georman 🇬🇷 retweeted
I still remember when I first came across @TheWhiteWhaleHL.
He had less than 500 followers and I literally just wanted to shill him my Backpack ref link
But after reading a few of his posts I realises something.
There was something different about the way he thought, the way he analyzed markets, and the way he viewed the game. You could feel there was a mindset behind the tweets, not just another trader flexing PNL screenshots.
Over time, I realized I could earn way more by simply reading what he writes than by him ever using my referral.
So when I saw that $59M red number today… it hit different.
Most people only respect success, they disappear the moment someone bleeds.
This market humbles everyone , especially those who play it at the highest level.
The difference is, whales like him don’t vanish. They take the hit, analyze it, rebuild, and come back twice as sharp.
$59M in a day isn’t the end, it’s a chapter in a comeback story that’s going to shake the timeline one day.
Because real whales don’t drown.
They learn to swim through blood. 🐋
Georman 🇬🇷 retweeted
Big news, I just got accepted as a Verified Creator on @CoinMarketCap!
The CMC team reached out after noticing my content and invited me to join their community of top crypto creators.
This means:
• Verified badge ✅
• Priority visibility across CMC site & app
• Access to analytics + creator tools
• Support from the CMC team to grow further
