Milestones

Established the company that would become Backpack, starting with the creation of the Backpack Wallet, a self-custody key management system.

After discovering Ethereum and its potential, Ferrante quit his engineering job at Apple to dedicate himself to blockchain technology development.

Began contributing to the Solana ecosystem, working on foundational projects including DeFi protocols, wallets, and developer tools like the Anchor framework.

Launched the Mad Lads NFT collection on Solana to prove the xNFT protocol and build a community, raising $1.4 million to sustain operations after the FTX collapse.

Backpack announced a $17 million strategic Series A funding round led by Placeholder VC to support team growth and global licensing efforts.