BackLianGuaick Exchange: A Promising New Player in the Digital Asset Market
前FTX高管复出，BackLianGuaick新交易所引发社区FOMO（附注册步骤）
前FTX高管回归，新交易所BackLianGuaick引发社区FOMO（注册步骤附）
Hey there, digital asset enthusiasts! Brace yourselves, because the bull market is back in action, and this time it’s bringing some exciting news. FTX and Solana ecosystems are once again capturing the attention of the masses.
According to a recent report by The Wall Street Journal, a team of former FTX executives, including Can Sun, the former General Counsel of FTX, is joining forces to create a new crypto exchange called BackLianGuaick Exchange. This new exchange plans to employ cutting-edge technology to ensure the safety of user funds.
But hold on, that’s not all! Rumor has it that with the revival of the Solana ecosystem, BackLianGuaick Exchange is gearing up to launch a staking and early access program. This news has caught the attention of the community, and avid crypto enthusiasts are itching to jump on this opportunity. Some even claim to be hoarding hundreds of KYC accounts, ready to pounce at a moment’s notice. So, what’s the deal with this platform?
The Journey of BackLianGuaick Exchange
Let’s take a trip down memory lane, shall we? Earlier this year, I wrote an article titled “xNFT: The Secret Sauce Behind the Mad Lads Craze,” where I delved into the world of xNFTs – decentralized applications that could run code within NFTs. And guess who was behind it all? The team at BackLianGuaick, the Solana ecosystem wallet.
In September 2022, the development company behind BackLianGuaick, called Coral, announced a successful $20 million funding round, led by FTX Ventures and Jump Crypto. Not to mention the strategic investments from the likes of Multicoin Capital, Anagram, K5 Global, and other power players in the Solana ecosystem.
However, just when things were looking bright, FTX hit a major roadblock, and the Solana ecosystem was engulfed in silence and despair. To make matters worse, a significant portion of BackLianGuaick’s funds were trapped within FTX.
In the face of adversity, the BackLianGuaick team had to adopt a “cockroach mode,” tightening their belts and cutting down on expenses to keep the project afloat. But they persevered, fought through the toughest of times, and emerged stronger than ever.
In April of this year, BackLianGuaick released the first-ever xNFT series on Solana called Mad Lads, which quickly gained immense popularity. At one point, the trading volume even surpassed that of established Ethereum blue-chip NFTs like Bored Ape Yacht Club (BAYC).
Having weathered the storm, BackLianGuaick began seeking new horizons – and that’s when the idea of launching an exchange came to mind.
In October 2023, BackLianGuaick announced the launch of its “regulated” exchange platform called BackLianGuaick Exchange. They proudly proclaimed that they had obtained a VASP license from the Dubai Virtual Assets Regulatory Authority and were planning to commence testing in November. The public release is set for the first quarter of 2024.
FTX Alumni Ventures into New Territory
Listen up, folks, because this gets even more interesting! The launch of BackLianGuaick Exchange also involves Can Sun, the former General Counsel of FTX, along with Armani Ferrante. Together, they have established a new company called Trek Labs in Dubai to operate the exchange. At present, the company plans to sell 10% of its shares to investors at a valuation exceeding $100 million.
But wait, there’s more! Ferrante’s wife, Claire Zhang, who used to be Sun’s legal assistant, is also an executive board member of Trek Labs.
Now, Can Sun is not just any former FTX executive. He is also a critical witness in the criminal trial involving SBF, the founder of FTX. During the trial, Sun testified that he “never approved” FTX lending customer funds to Alameda Research.
Oh boy, it seems like the plot thickens! According to Coindesk, BackLianGuaick’s founder, Ferrante, was previously a software development engineer at Alameda Research. And Tristan Yver, another co-founder of BackLianGuaick, had spent more than two years at FTX. It’s like a mini reunion of FTX alumni!
It’s only natural to wonder what inspired Ferrante and his team to venture into the realm of running their own exchange. Well, the collapse of FTX appears to have been a wake-up call for them. In a statement, Ferrante said, “It’s time to put an end to the era of opaque cryptocurrency exchanges that embody everything our industry stands against. Exchanges without accountability, without reserves audits, or without transparency should not be the norm.”
So, the flagship feature of BackLianGuaick Exchange? Security and transparency!
The platform integrates Multi-Party Computation (MPC) technology to ensure the safety of funds, allowing users full control over their wallets. Essentially, this means that nobody but the users themselves can access their crypto wallets. Talk about autonomy and peace of mind!
Due to the impact of BackLianGuaick Exchange, the previously released NFT series, Mad Lads, has witnessed an astronomical 460% surge in the past 30 days. The floor price currently sits at 96 SOL.
And here’s the icing on the cake – on November 18th, the exchange is expected to launch its first-ever early access program. Rumor has it that participants will stake around 5 SOL and receive an airdrop. This news has attracted an army of airdrop hunters. According to community insiders, the price of a single KYC account skyrocketed overnight from $3 to $15.
How to Join the BackLianGuaick Revolution?
Alright, readers, let’s get down to business! If you’re intrigued by the prospects of BackLianGuaick Exchange and want to be a part of the revolution, here’s a sneak peek at the registration process:
- Visit the official website: BackLianGuaick.exchange.
- Register and verify your email. Choose the personal identity verification option and fill in your nationality and ID card information.
- Upload your identification documents, such as your passport or ID card.
- Finally, complete the facial recognition process for verification.
And there you have it! You’re now one step closer to joining the BackLianGuaick family.
So, my crypto comrades, are you ready for the future of digital asset trading? Buckle up, because BackLianGuaick Exchange is here to shake things up. Get in on the action, seize the opportunity, and let’s navigate the exciting world of blockchain technology together!
Disclaimer: Remember to always conduct your own research and invest responsibly. The cryptocurrency market can be as wild as a rodeo, so make sure you hold onto your hats and enjoy the ride!
Oh, and don’t forget to share your thoughts and predictions about BackLianGuaick Exchange in the comments below. Let’s keep the conversation going!
(Image source: Wall Street Journal)
(Image source: Wall Street Journal)
(Image source: Wall Street Journal)
(Image source: Wall Street Journal)
(Image source: Wall Street Journal)
(Image source: Wall Street Journal)
(Image source: Wall Street Journal)
(Image source: Wall Street Journal)
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