Backpack founder responds to FUD: No cash-out through over-the-counter trading.

According to Mars Finance, on March 27th, Backpack founder Armani Ferrante responded to FUD (Fear, Uncertainty, and Uncertainty) on social media, stating: "Every TGE causes emotional fluctuations because people focus too much on the token price. I want to clarify the facts and share my views on several issues that have arisen in the past few days: • OTC: We did not cash out our tokens through over-the-counter (OTC) trading; this is fake news. The truth is that buyers proactively contacted me seeking OTC, and we helped them acquire more tokens. The community misunderstood our actions because other projects have historically used OTC to cash out. • Mad Lads: Former TGE holders retain Backpack VIP status; new holders do not enjoy this privilege. Mad Lads' development has always been in sync with Backpack, focusing on long-term holders rather than short-term speculators at every stage. New holders may have different perceptions, leading to conflicts, but we always adhere to our long-term vision to drive Backpack's development. • Sybills: Our goal is to protect retail users and prevent unfair advantages gained through account splitting. Our execution was oversimplified and did not fully consider the complex perspectives of the community; this was our mistake." Price/FDV: Short-term price or FDV (Fully Diluted Valuation) after TGE is meaningless. The team is focused on building Backpack for the long term and ensuring long-term success through an extremely well-designed token economic incentive system. If the token price goes to zero and the company fails, we gain nothing. Our rewards come solely from genuine long-term success, not short-term price fluctuations.