ব্যাকপ্যাক: পরবর্তী সার্কেল?

সার্কেলের প্রভাব: Web3-এর 168% IPO, 25x oversubscription

আইপিওতে Circle-এর 168% उछाल, 25x oversubscription-এর पश्चात आइन्डी मैं हर कोई ‘अगला सर्कल’ के नाम के साथ हुक में हूं।

पर अजीब बात—अधिकतर ‘उम्मीदवार’ Bitcoin माइनिंग करते हैं। Backpack नहीं।

আমি Quants-এর ‘BTC halving ↔ Fed rate hike’ arbitrage model-টি (হা, code-টা still save) model-করছি।

আমি see what works: hype-নয়—Traditional Finance (TradFi)-এ structurally aligned system.

Product as Platform: Wallet + Exchange + Mad Lads = Ecosystem Engine

Backpack Crypto services sell kore na—Web3 users er operating system build kore।

Wallet Solana, Ethereum, Optimism -basically every chain you’d need to avoid being locked in a silo.

But here’s where it gets spicy: xNFTs aren’t just collectibles—they’re executable dApps baked into the wallet interface. Think of it like MetaMask meets WeChat Mini Programs. You can trade NFTs, stake yields, or launch your own app—all without leaving the app.

Then there’s Backpack Exchange—no proprietary market-making, three-stage清算 (settlement) protocol ensuring solvency—and an auto-lend feature that turns idle USDC into 5.56% APY via Treasury + lending pool overlap.

And yes—this includes pyUSD now too.

Compliance Is Not a Feature; It’s Your Moat

In my five years on Wall Street and two more battling blockchain regulations at a Tier-1 hedge fund? I’ll tell you this: compliance isn’t slow—it’s strategic.

Circle took seven years to go public after its founding in 2018. Kraken tried to list in 2021—but after leadership changes and SEC scrutiny? They paused for two years.

Now look at Backpack: their core team includes ex-FTX legal and compliance leads who’ve navigated EU MiCA, UK FCA frameworks—and now US state-level licensing regimes like NYDCL.

They didn’t wait for permission—they built with permission in mind from day one.

This matters when you’re trying to get your product adopted by institutions that live by audit trails and KYC protocols.

The Hidden Metric: User Retention Through Identity 🕴️ 📍        🙏 🍿 🎯

I’ve run A/B tests on user retention across dozens of platforms—and nothing beats emotional ownership.

Mad Lads isn’t just an NFT collection; it’s community DNA. Over 8k holders aren’t passive investors—they’re content creators on TikTok, YouTube Shorts, Twitter Spaces making memes about yield farming strategies like they’re sports stars.

These are not ‘influencers.’ These are evangelists who see themselves as part of something bigger than profit—an ecosystem where holding Mad Lads gives them governance rights across Backpack products, direct access to beta features, crowd-funded staking pools, even early allocation during future token launches (if any).

That kind of sticky identity? That’s real defensibility—not code alone.