Have been quiet for a while. Frankly, am struggling with the mixed feeling about
@Backpack .
On one hand, I admire the exchange and still hold my conviction it is so far the best one I have used. The cross-collateralization convenience is a killer. Not to mention compliance and brick-by-brick improvement.
However, as a
@MadLads , I am deeply disappointed at how we are treated recently. The community has been supporting this project for years. In return, we are discarded like a piece of paper, or even worse. Before TGE, I had thought the team doesn't want speculators to cause volatility, thus
@armaniferrante downplayed the importance of the community. Until today, I realized that they want to build a
$BP token community badly, so Madlads community is a debt that has to be get rid of as soon as possbile.
I am a community person. I still believe
@MadLads is the best community on Solana. It will be criminal if the community is abandoned and dying out just because the team that founded us doesn't want us anymore. Even as a refugee or orphaned community, we still need to survive and prosper.
In addition, backpack team will also face a reality-check of what matters, product or community/reputation! Until yesterday, I have been advertising the exchange to my VC and Family Office friends. Yesterday, they all sent me the news about the team betraying our community with no more words. I feel like being heavily slapped on the face.
Anyways, I will still hold my NFTs, still tell people that I am in a good community, still use the exchange lightly when necessary. But I WON'T recommend anyone to trust and invest in the exchange or buy
$BP token. After all, fool me once, shame on you; fool me twice, shame on me!