Backpack CEO Advises Projects to Launch Token Generation Events Early if Focused on Long-Term Growth

According to ChainCatcher, Backpack CEO Armani Ferrante recently shared his stance on token generation timing in X discussions. He stated that if a project aims at long-term construction and market dominance, launching its token generation event (TGE) should have happened "yesterday." Conversely, if teams fear market panic or negative sentiment, they should not issue tokens at all. Ferrante, who identifies as a "bear market minting and TGE veteran," emphasized that market timing is ultimately irrelevant to success.
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