Its a great time to unzip our “backpack” and spew out the alpha that is Mad Lads, the first xNFT on the Solana Blockchain. Now lets see what the lovely Armani, Tristan, and the Coral team can really do to revolutionize NFT’s (and fill all our our bags even closer to see some IRL coral for a vacation 😂 ).
What is an xNFT?
A xNFT, short for executable non-fungible tokens. Now it seems this is hieroglyphics and a stroke to the common Solana degen. Let’s decipher exactly what this means, and how this relates to Mad Lads as a whole.
- Simply put, xNFT’s remove the stereotype of collecting JPEGs and screenshotting, our stories, tokens, and communities alike.
- Instead, each xNFT acts as its own portal to a universal decentralized app, a sector in the individual projects, APIs, and future of Web3.
Now, each xNFT starting universally from Mad Lads lives in the Backpack. The Backpack is an open-source cross-chain wallet, connecting to dAPPs, without needing external browsers, and therefore all means of a web2 metric. These advantages follow for Mad Lads, the individual, and all future ventures:
- In-app token swapping.
- In-app user interface and messaging.
- Cross-chain wallet recollective for all dAPPs.
- Decline of hassle of Phantom and Metamask separation and competition altogether.
- Anti-bot minting measures across all chains.
- Easy access to all loan protocols, staked NFTs, listed NFTs, all chain token yields and accumulation, and in-house experiences in-app, to connect and establish a community fully built by web3 developers for traders (now I’ll stop getting rugged by Elon on CT 😂)
The whole point is that everything is universally completed inside the Backpack app and has a single interface that doesn’t required a web view. Now that we deciphered what Backpack and xNFT’s are, we can now align and identify this prophecy with the likes of Mad Lads as a whole.
Who are the Mad Lads?
The Mad Lads are the pioneers, the first to stake the pole for Solana’s ventures into Backpack and xNFT’s as a whole. Mad Lads will be the first ever xNFT, while being minted on the Backpack. Because it’s inherently being minted in-wallet through the app, it is virtually bot-free, promoting positivity as a whole for these 1930’s gangsta’s in paradise. Besides fantastic art, the team as single-handedly built a wallet for their mint while forming a brand opportunity that has access to penetrate all barriers of entrance to all degens, on all chains.
The Team
While some teams can launch, and disappear off the face of the earth, it is unlikely we will see this with the range, partners, and affiliations Mad Lads is under for Backpack as a whole. To be a founder, one must be passionate to the ability to advocate to many under circumstances, which Armani flawlessly went through at Solana SMS/Saga event.
Being able to grow and evolve, and have a supporting team is the first step to truly coming together and building as well.
Having the likes of these degens coming together makes it easy for ventures and ambassadors such as Solana Ventures, Jump_, Wormhole, Pyth, Multicoin Capital, and Anagram allowed Coral to already have a 20 Million dollar evaluation in capital pre-mint.
The Impact
The truth is people are bullish on the games, user interface, feasibility, and development opportunities, Backpack through Mad Lads can bring to the table. Being minted on, and backed by the creators of Mad Lads, the team has full control of the responsibilities through the test run of xNFTs on how it unites unique experiences, dAPPs, and APIs to support the full capabilities of blockchain technologies.
Rather than separating projects from whitelist collection systems, collaboration management, and founder to community engagement, it is all done in one seamless place, with sky-high ceilings for the future of blockchain developers, artists, and traders to work together under the same platform rather than competitors in the bear we are still under. It’s the iPhone of crypto wallets, and you have all of the perks of a wallet, but your xNFTs (apps) live inside of it. Easy as pie, separate wallets being the raspberry pi, while Backpack is the iphone, and Mad Lads, being the operating system and charging port all in one for Web3.
Thank you for reading as as always…
DYOR and don’t take financial advice from a teenager 😉
-Alpha Aiden
Disclaimer: All information provided herein is published for educational purposes only and should not be construed as investment advice. No profitability nor performance claims of any kind are being made. Trading is a high-risk, speculative activity. I am not an investment advisor, financial planner nor registered broker. I am a publisher of educational content, and a high schooler who can’t do trigonometry.
backpack.app ~ https://twitter.com/MadLadsNFT
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