Combining wallets and exchanges allows users to engage in all Web2 and Web3 activities through our Backpack app, serving as a one-stop platform for all your needs. The long-standing vision is to enable users to access and interact with decentralized codes on the Solana blockchain in a seamless manner.
Armani introduced a new standard called xNFT in 2022. xNFT tokenizes entire codes, allowing decentralized access at any time. This sets the foundation for a complete Web3-native App Store where various forms of communication, chat software, games, and more can be decentralized on platforms like Solana for user interaction without relying on centralized platforms.
Currently, there are around 200 xNFTs, with MadLads being our creation and the rest being community-driven. Our ultimate goal is to merge Web2 and Web3, alongside a Web3-native App Store that centralizes user activity similar to an iPhone, providing services for trading, investing, and payments.
With a Web3 wallet for staking, mining, and other blockchain activities, and xNFTs like native telegram chat software, games, and diverse platforms, our vision is focused on a long-term integration of Web3 technologies.
Insights from the Backpack team highlight 3 key contradictions in Web3 projects and how to address them:
1. The contradiction between compliance and growth, especially in non-Western exchanges.
2. The contradiction between technical and cultural projects in the NFT space.
3. The contradiction between Eastern and Western cultural integration for global success.
Armani’s technical prowess and cultural sensitivity have been instrumental in the success of projects like MadLads on Solana. The team’s international diversity allows for global outreach and product development.
Solana serves as our home base, with plans to expand to other Layer 1 ecosystems to establish a strong presence and enhance user interactions. Our goal is to be the go-to platform for all blockchain activities within these ecosystems.
Looking to the future, we aim to combine the paths of Coinbase’s IPO and Binance’s BNB issuance, creating new strategies to attract user attention and engagement. The rapidly evolving nature of the cryptocurrency industry excites us, and we strive to continuously improve Backpack to meet the needs of all WEB3 users.
As we continue to grow and innovate, we hope for continued interest and support from the community. Our goal is to launch a product that fulfills the expectations of WEB3 users and provides a new and enhanced experience.
