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xTON ๐ retweeted
Where we mine one, we mine ALL.
Everyone in the Vahalla pool!
$2500 in the season-long community-shared pot o' @solana set to be distributed on a weighted scale at the end of the season.
Got a @solanamobile? Open it, claim your free cart, and start tappin' to get involved
Our season-long community-shared Valhalla Prize Pool has broken 30 SOL.
If you haven't begun playing Gold Rush yet, there is still plenty of time to secure your share of this eventual glorious pot o' SOL.
Not bad for 1 week. Job's not finished.
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Just hit the JACKPOT on @FeverPitchGames ๐โ๏ธ
25 SOL in my wallet and I'm not stopping here.
It's fun, addictive, and we're EARLY.
This is what on-chain gaming looks like ๐
playgoldrush.app
solscan.io/tx/3whv5tG3r57seHโฆ
#Solana #GoldRush #Web3Gaming #PlayToEarn
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xTON ๐ retweeted
Big day.
This is an announcement of an announcement.
playgoldrush.app/
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Scammers mother fuckers!
Mar 31
Clarification on the 14% airdrop allocation.
Within the next two hours, 141,658,500 $EDGE, 14% of total supply will be transferred to lockup wallets: etherscan.io/address/0xb4002โฆ
The lock-up will use an open-source contract built on OpenZeppelin's audited VestingWallet, locking tokens for 1 year.
Following the launch of the edgeX points program, the program attracted liquidity and large traders who provided liquidity and supported the platformโs early-stage growth. These participants took part in the program on the same basis as all other users, with the post-weighting distribution criteria applied consistently across all participants. Their resulting points balance reflected the scale of liquidity they contributed under the same program rules.
Those liquidity providers and partners, who were instrumental in our early growth, have demonstrated their conviction by agreeing to a one-year lock-up for tokens representing 14% of the total supply.
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Have you said your daily GM on @inkonchain yet?
Don't forget to Tap to GM ๐๐ gm.inkonchain.com?to=0x07D95โฆ
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xTON ๐ retweeted
Mar 27
On FUD.
FUD is an opportunity to either address misunderstandings or to identify mistakes and simply fix them. With every TGE, emotions run hot, as people focus on a single number, the token price, determining oneโs feelings. Itโs human nature, and because Backpack has such a large community around the world, spanning from advanced traders in Asia, to wallet users on every network, Mad Lad holders around the world, and everyone in between, the TGE is a time where people vocalize their views.
I would like to address several different topics Iโve seen floating around over the past few days to set the record straight and offer my perspective.
- OTC. I canโt believe I have to say this, no, we arenโt OTCing our own tokens to cash out. See the tokenomics. Fake news. End of story. What is true: buyers reached out to me and asked for OTC. I am happy to help buyers find more tokens. Unfortunately, due to the bad history of other crypto projects using OTC to cash out, folks assumed the worst when they saw me post about OTC in discord.
- Mad Lads. All existing Mad Lad holders pre-TGE retain their Backpack VIP status. New holders do not. Some like this, some hate this. I understand both perspectives. My perspective is that Mad Lads has always been an evolution alongside Backpack. We went from the whitelist games inside Backpack => pre-reveal inside Backpack => reveal boss inside Backpack => xNFT inside Backpack => airdrops inside Backpack => VIP points inside Backpack => the BP token. Each one of these stages created a clear path for Mad Lads to get to the next stage, always focusing on long term holders over people that come and go. There are people that follow the path, and people that do not. There are people that evolve with us and people that do not. Our approach from the day Mad Lads was born has always been to focus people on the Backpack product. Naturally, new people came into Mad Lads with their own pre-conceived notion of what it was or what it should be. This creates tension. But we have always had a strong vision and we will always stick to it. The people that use the product always get to the next stage, where every stage answers a single question: how do we push Backpack forward. When designing token utility, itโs a question of economics, and it would be a disservice to BP to not align incentives around it. Thereโs an additional nuance worth pointing out: Backpack is different from basically every other product that dropped a mined token because we KYC users and are selective about the regions we open up. Those users have been out of the game, so to speak, not because I want to do thatโnothing upsets me more than not being able to serve users in a particular region (what founder would want that?)--but itโs because we have chosen the path of building a crypto native financial institution. That path is long and hard. For these users, we have maintained the path to get to the next stage and have communicated that. When we open up regions, these regions will get their drops, and we will be running new campaigns to get more drops just by using the product, and that brings everyone up to speed with the same VIP benefits of the original pre-TGE seasons. For the long term holders, nothing has changed. The key issue is with respect to new NFT holders. Some people will hate this. Some will think itโs sound economics. I understand both perspectives. We are doing what we think is best.
- Sybills. Our goal was to protect retail users competing for points against sophisticated players splitting accounts and giving themselves an unfair advantage over those that donโt. The mistake we made: our process was too black and white. From the teamโs point of view, we had a line and we stuck to it. From the communityโs point of view, the line is nuanced. We did not sufficiently take that into consideration.
- Price/FDV. With every token comes the human nature to think about the price at all times. There are good ways to think about price and there are clearly illegal ways to think about price. Our position is simple, we are building over a long period of time, and we are not making short term decisions. 24h post-TGE FDV is not a meaningful metric. Even 1 week post-TGE FDV is not a meaningful metric. If you ask anyone thatโs ever built anything, theyโll tell you the same. Many people will take issue with that statement, and thatโs ok. Ultimately, you have to look at our incentives and decide for yourself. The fact of the matter is that the team and I are incentivized to make Backpack a success with arguably the most extreme tokenomics ever created. What happens if the token goes to zero and stays there? Our company fails, and we get nothing. Some people might rebut saying that we get rich from the company revenue. No. That is simply not how companies work. We donโt get rich from a bad token price. We are punished in the most extreme possible way. And we are rewarded in the most extreme way only if we achieve all of our hopes and dreams. The way it should be. This is by design. Beyond this post you wonโt see me talk about price or FDV. You will see me talking about building and creating long term value. And itโs only by doing that, can BP become a success.
Every project goes through trials and tribulations. This is certainly a moment for us. We are nothing without our community, and we will serve it in the best way we know how. I have complete conviction, I am all in, and the team is all in. Donโt trust us, look at the tokenomics to decide for yourself.
Thank you for reading this. Thank you especially to those that have supported us this week. It means a lot. We will continue to review the above, particularly the cases around sybils, and get back to building.
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xTON ๐ retweeted
Mar 23
Check your allocation and claim your stake: backpack.exchange/bp-claim
โข First 7 days: unstake anytime
โข After that: 7-day unstaking period
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Bythen Treasure Platform is LIVE โก๏ธ treasure.bythen.ai
A gamified platform powered by Bythen that allows player to earn NFT airdrops from global IP @Ultraman_AI by @TsuburayaGlobal and Web3 IP Kappy by @sebbsssss, simply by completing missions and tasks.
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NFTs might be dead, but Mad Lads are just getting started
Jan 21
NFTs might be dead, but Mad Lads are just getting started.
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I've never experienced such a smooth exchange before
Jan 17
I've never experienced such a smooth prediction market before.
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Welcome Fogo Farm Season
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Based launch
Congrats to @fogo team
Jan 16
Fun Fact: $FOGO did ~4x the volume of $STRK today.
Can you guess why you wonโt see a similar announcement? Thought they were the โeverything chainโ and @KyleSamani said they were going to be doing more volume than all the CEXโs that listed $FOGO by EOY.
Not following. ๐ค
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Finally REDACTED
The Unified Prediction Portfolio
Everything on your Backpack
Jan 13
Introducing our first contribution to the prediction market space: The Unified Prediction Portfolio.
Today, @Backpack launches an invite-only private beta to begin building the most cutting edge prediction markets for crypto and finance.
The problem: Prediction markets are notoriously inefficient. You lock up your USD in a prediction, it's stuck there for the duration of an event, and often this means that, even if you have edge on a bet, you don't make it due to the opportunity cost of capital. With the Unified Prediction Portfolio, your capital can be used not just in a prediction, but across all of Backpack seamlessly without fragmenting your balances and without giving up your ability to be in other positions.
The solution: We cross margin and cross collateralize
- spot
- spot-margin
- borrow-lending
- perpetual futures
- prediction markets
- crypto
- fiat
All in a single subaccount balance.
This isn't yet another wrapper over Kalshi, Polymarket, or any other prediction market platform. This is a new, Backpack native system with everything tokenized and risk profiled, together. This means you can do things like quote on price predictions, get filled, and immediately hedge on the perp, all in a single margin account. Everything you expect from a modern crypto exchange at scale is now available for predictions. Connections to every blockchain network, perps, world class fiat rails, and advanced order types like TP/SL, scaled orders, conditional orders, TWAP, and grid bots. With the Unified Prediction Portfolio, new trades, better liquidity, and insurance related use cases all become possible.
To start, we'll focus our testing efforts on the basics, namely ensuring the unified portfolio works as expected with components like our risk engine humming along. Over time, we'll grow the beta group, add more features, scale the number of markets, and build out new mechanisms that have never been introduced. We have a lot in the pipeline, things you can only do in a vertically integrated, unified system fully focused on crypto and finance.
To get access, signup for Backpack. We'll be sending out invites to our most active traders to get access to the beta, today and over the next few months as we take in feedback and ensure a smooth experience for all beta testers.
We have much on the horizon for 2026, as we not only rollout new products like predictions (and more, much more), but, after two going on three years of non stop effort, complete our global regulatory roadmap allowing us to open new regions with new users, expanding Backpack from only 48% of the world, today, to the entire globe. Although season 4 is coming to an end, 2026 will be full of events as we hit these milestones and grow our community.
Now back to work.
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