Backpack founder: The company failed to monetize through OTC channels and will re-examine the Sybil attack case.

Odaily Odaily that Backpack founder Armani Ferrante stated in a post on the X platform that, regarding recent rumors about Backpack, the company has not been selling tokens over-the-counter for monetization. Previous posts on Discord were merely to assist buyers in finding tokens. Regarding Mad Lads, all users who held Mad Lads before the TGE will retain their Backpack VIP status, while new holders will not, a move designed to align incentives with long-term holders. In addressing Sybil attacks, the goal is to protect retail investors from unfair competition from professional players, but acknowledges that previous vetting processes were too absolute and will continue to review Sybil attack cases. Furthermore, he believes that short-term price and FDV after the TGE are not core metrics for success; the team's incentive mechanisms are deeply tied to token performance, and they are committed to creating long-term value.