From FTX To Next-Gen CEX | Armani Ferrante (Backpack)

Armani is one of Solana's most prolific contributors. From Anchor to Madlads to Backpack and now Backpack Exchange, his vision for bringing crypto to the masses is truly multi-faceted. In this conversation, we focus primarily on his ambitions for Backpack Exchange. We dig into his learnings from working as an engineer at FTX, how Backpack is architected from a technical standpoint, and how he sees crypto adoption playing out in the near future.

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Time Stamps

0:00 - Piecing together Armani’s journey to this point

9:59 - Backpack Exchange overview

17:26 - Could this be the future of all centralised exchanges

25:37 - Avoiding the mistakes of AOL

27:01 - Strategy behind other CEXs launching L2s

32:10 - NFTs as a Go-To-Market strategy

35:30 - Multichain strategy

40:07 - Designing UX around crypto’s potential endgame 

46:19 - Do L2s and app chains make sense

50:08 - Unlocks and roadblocks for xNFTs

57:13 - Advice for crypto founders

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Podcast Resources

Follow Sal: https://twitter.com/Sal_The_Bull

Follow Dave: https://twitter.com/SolBeachBum

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Episode Resources

Follow Armani: https://twitter.com/armaniferrante 

Follow Backpack: https://twitter.com/xNFT_backpack 

Follow Madlads: https://twitter.com/MadLadsNFT 

Backpack Exchange : https://backpack.exchange