Armani Ferrante

Armani Ferrante, founder of Anchor, Backpack, xNFTs and Mad Lads, discusses what crypto wallets get wrong. Topics include backpack innovations, demand generation, going multichain, building a community, launching own chain, building on Solana, and leadership lessons.

In this engaging conversation, Armani Ferrante, the founder and CEO of Backpack, shares his remarkable transition from Apple to the world of cryptocurrency. He discusses the fallout from the FTX collapse and the crucial need for resilience in the crypto landscape. The conversation delves into launching a crypto exchange in Japan, the challenges faced with next-gen NFTs, and balancing centralization with decentralization in exchanges. Armani emphasizes innovative solutions for user security and outlines his vision for a future where crypto and traditional finance coexist.

Join Armani Ferrante from Backpack, Luca Netz of Pudgy Penguins, Santi Roel from Inversion Capital, and Tzvi Twersky of Baxus as they explore the future of crypto. They discuss strategies for user acquisition and retention, highlighting the importance of accessible experiences. The group tackles crypto's image problem in urban culture, the need for consumer-centric applications, and the tension between speculation and innovation. Expect insights on bridging traditional businesses with blockchain solutions, and the potential for transformative user experiences in this dynamic industry.

Armani Ferrante, founder of Backpack, discusses the technical and regulatory hurdles of running an exchange, the importance of focusing on the Solana ecosystem, challenges in expanding into Japan, and keys to long-term success in crypto. He also explores the significance of community building, product vision for an exchange, stablecoin products, and navigating challenges in the crypto industry.

Armani Ferrante, co-founder and CEO of Backpack, dives into the innovative realm of regulated crypto exchanges. He discusses how Backpack EU has become a pioneer by refunding FTX EU users and emphasizing compliance. Armani highlights the surge in demand for regulated platforms in Europe as others exit. He explains the importance of daily proof of reserves for trust and navigates the complexities of launching perpetual futures. With a vision for expansion, he paints Backpack as a potential next-gen bank, all while stressing the need for long-term thinking in the crypto landscape.