On March 27th, PANews reported that Backpack founder Armani Ferrante responded to the FUD ( Factory Uncertainty, Demand, and Payback) concerns surrounding the BP token's TGE (Time-Based Expiration) in a lengthy post. He denied that the team sold their own tokens through the OTC market , stating that he was merely facilitating the exchange of tokens for off-exchange buyers. He emphasized that the related speculation was "fake news," and details can be found in their official token economics. He stated that existing Mad Lads holders will continue to enjoy Backpack VIP status, while new buyers will no longer be eligible. This design aims to optimize the economic model around long-term users and BP incentives. Regarding the controversy caused by the overly simplistic approach to anti -sybil measures, he admitted that the team's standards were too simplistic and that they will reassess marginal cases. Ferrante stressed that short-term FDV ( Factory-Based Value) is not relevant, and that team incentives are entirely tied to BP's long-term performance. If the tokens go to zero, the company fails. He stated that the future focus will be on building and long-term value, rather than price discussions.