On July 13, in response to the community KOL @hebi555's message that "the BP token issuance might take a long time, so everyone should prepare for a prolonged battle," Backpack CEO Armani Ferrante replied, "That's an exaggeration. Our progress is very fast, faster than you can imagine."
Previously, Armani Ferrante had stated, "I cannot provide an exact answer. Based on other successful point programs, it might take up to a year (each of our quarters is 10 weeks). We will flexibly adjust according to regulatory progress. It could be shorter or slightly longer, but I estimate it will not exceed a year. However, I do not want to make any guarantees, as these processes are long and complex, involving many different parties."
