In this episode I had the CEO of Backpack, Armani Ferrante on. It was a great conversation in their Tokyo office. Our conversion covered from his view on centralized exchanges to what he thinks of non-custodial wallets. We also discussed a lot beyond the business of Backpack. If you're interested, you should tune in yourself! Show Notes: * The background of Armani, and the history of Backpack * What does a FTX-shaped hole in the market look like * How and why important centralized exchanges are to the industry * Congratulations on your public beta that was announced 2 weeks ago. Since the launch, what were the exciting updates? * You guys have been working hard long before this Public Beta. What were some of the preparation work? * The pivotal licenses to acquire * The important markets for Backpack * Web3 teams in the US under Trump administration * Institution volume vs retail volume * Mobile experience of Backpack - no separation of the wallet and the centralized exchange * Account abstraction wallet as an ultimate solution for the inconvenience led by self-custody * Backpack Exchange’s roadmap in the next 6-12 months * Learnings from FTX: being normal is underrated - "be a redwood" * Coinbase is a role model * Base as a community and L2’s centralized sequencer challenges * The next page of NFT - status signaling and digital life matters X: @armaniferrante / @Backpack Website: https://backpack.exchange/ If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin: 如果喜欢本作品，欢迎打赏ETH/SOL/BTC： ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20 SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1Kyt BTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。