Yuyue|Mar 27, 2026 11:48
Backpack is basically just a copy-paste script from a certain compliant Hong Kong exchange, right?
No matter how high and mighty the project team hypes it up, the tokens they print are free and unlimited in supply—you can have as many as you want.
Go ahead and buy it, after you buy, the bag is yours, and they can even issue some stocks.
Whenever they hype their token rights + equity, the only thing valuable is the equity. The tokens, which have no protection at all, lol. What we need now are assets that can grow together with the company.
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