First, my personal conclusion: there might be another exchange as impressive as Binance and FTX at that time, but this exchange will definitely not be Backpack#backpack空投 #backpack

The facts have fully proven that:

It's not enough for him to say he can replace FTX; FTX has left a position, but not everyone can take the spot.

Everyone's simple comparison:

FTX has collapsed, and the Solana ecosystem and market have left a position

That should be a well-experienced team with a good background to fill the gap

But from any angle, it definitely won't be Backpack

1. To be honest, I think FTX's success is closely linked to @SBF_FTX's strong personal charm. Does Armani have that charm? To be honest, I haven't seen it.

At least I remember clearly, when Sam faced someone FUDding Sol for 3 dollars, he confidently said to take as much as possible, later Sol rose to a maximum of 260 dollars.

Can Armani say that? Dare to say it?

2. Then there’s the path: FTX purely started with products, sub-accounts, leveraged tokens, full margin, volatility contracts, too many product advantages combined with the token's rise and Sam's personal charm.

And what about Backpack? The products are just trash.

Airdrops can only be claimed on the website? For such a big event as the token TGE, can't the developers make it complete? Not even supporting claims through the APP?

Also, my previous experience: I don't even know why this Backpack APP needs to update three times a week???????

I threw up on the spot, I've never seen a Web3 APP update three times a week, no matter how trashy it is.

It shows how amateurish the technical team is.

3. Also, they have always had the issue of not valuing the Chinese-speaking region. Two things I've experienced in the Chinese-speaking region.

- Merchandise: I still remember the first time I sent merchandise to everyone, the quality, that hat, the wholesale price shouldn’t exceed 10 yuan.

If they think the price for the Chinese-speaking region is like this, then they can just give up on them.

If it’s a problem with the team’s work, then the problem is even bigger. There are issues with both work attitude and ability. How can such people manage a project well?

- The Chinese-speaking region has raised many issues, but in the end, it’s all "you know," and everything cannot be answered, leaving users to guess themselves.

Yes, I asked them when XX can go live because compliance and confidentiality requirements need to be kept secret.

Every question is like this, big companies are really different.

User questions are confidential and cannot be answered.

Look at how Binance responds and adjusts, Binance is simply a company that iterates and responds to users 24 hours a day.

And Backpack will just keep it confidential.

When nothing can be said to the Chinese-speaking users, how can they possibly value the Chinese-speaking region?