
Early where it matters. Loud when it counts. Local Mad Lad. Trading on @Backpack
Backpack Universe
Joined June 2012
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Sad to see.
Looks like you didn't know money laundering was not allowed?
Sad to see. Looks like they really didn't know the local policies? But it's not the first time either, same thing happened less than a year ago: xitter.cf/wublockchain12/status/β¦
This guy is trying so hard to fud $BP the past few weeks, surprisingly after the huge rise in price.
Saying equity is overpriced etc,
like any other exchange token EVER offered equity to their holders or stakers!
Someone canny would think that this guy missed the train early.
unavailable
Just asked Armani directly if Backpack's exchange revenue will be used to buy back $BP .
His exact response: "Buyback is an important mechanism."
Read between the lines. When the founder acknowledges the mechanism, the endgame is clear. A CEX token with actual revenue capture creates a permanent supply sink. $BP is coiled.
Is $MAGIC back?π€
+70% price increase in a day.
130m spot volume for a 35m market cap token.
Who still remembers Legions and Smol Brains?
Huge update !
Souvenir could be the onchain Whatnot of @solana .
Georman π¬π· 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: 100Γ the coins gets 10Γ the odds, not 100Γ.
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
Top 3 PumpFun calls in just 24 hours.
βI guess you could say Iβm getting pretty good at trading attention.
Right, @a1lon9 ?
Georman π¬π· 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 π¬π· retweeted
Armani Ferrante on Backpackβs regulated, unified market structure at #TOKEN2049.
βWe 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 nobodyβs done before.β
βWe want to be this regulated backbone, not just for our own products, but for the entire Solana ecosystem.β
Wen lambo?
Everyone's pairing their coin with $RACE today. That's one tokenized share of Ferrari, about $385.
We pair coins with the whole car.
A pre-owned Ferrari Portofino: when a coin's pot covers it, one holder wins it, bought from a Ferrari dealer and registered in their name. Roughly 520 $RACE, parked in a driveway.
US driveways only (for now). Anywhere else, the winner takes 66% of its worth in SOL.
souvenir.finance




















