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We're building an infrastructure that encompasses USD customer funding accounts in the US, EUR in Europe, JPY in Japan—every currency on every major payment network imaginable. ㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡ All of this requires enormous time, effort, blood, sweat, and tears. We've spent the past three years, brick by brick, building the foundation of an international company and product. If we're lucky, this could be our lifetime commitment. ㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡ The objective conditions for this structure to work are clear: The value of the additional growth generated by unlocking new tokens must always exceed the resulting dilution. As long as this condition holds, we can continue to grow by distributing tokens directly to our most active users. ㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡ Until the company goes public or a similar equity exit event occurs, the team will not gain any wealth from this project. The team will only enjoy the rewards after they have earned access to the world's largest and most liquid capital markets through their own efforts, and only after the value created by the Backpack community from now until then has been reflected in the company. ㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡ We either go big or go home. ㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡ Not just a simple time limit, investment, or narrative making for unlock. It is just triggered by clear valuation up critera, IPO by "normal" web2 style.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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