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Madlads

avoid.net/madlads→65/100·80% conf.
[AI-DRAFTED · AWAITING VERIFICATION]
anchored·5pshfT…x4WR

Summary

Mad Lads is a Solana-based NFT collection launched in April 2023 by Coral, the development company behind Backpack wallet. Created by former Alameda Research and FTX employees Armani Ferrante and Tristan Yver, the project gained significant attention for its innovative mint process that used honeypot tactics to deter bots and for being the first major xNFT collection.

Connected Entities

1 entities
Organizations
□Madlads
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    Timeline(10 events)

    2018-09-01

    Armani Ferrante works briefly at Alameda Research before its official launch

    Cointelegraph Magazine

    2020-09-01

    Ferrante returns to Alameda Research to work on Solana projects like Serum

    IQ.wiki

    2022-05-01

    Tristan Yver leaves FTX US where he served as head of strategy

    Cointelegraph

    2022-09-01

    Coral raises $20 million in funding co-led by FTX Ventures and Jump Crypto

    The Block

    2022-11-01

    FTX collapses, Coral loses $14.5 million (88% of operating funds) held on the exchange

    Cointelegraph

    2023-04-20

    Mad Lads mint begins but faces DDOS attacks and bot issues, forcing delays

    CoinDesk

    2023-04-21

    Mad Lads successfully launches using honeypot strategy, sells out in minutes

    CoinGecko

    2024-02-01

    Backpack Exchange launches publicly, crosses $1 billion in trading volume within four days

    Cointelegraph Magazine

    2025-01-07

    Backpack announces acquisition of FTX EU for $32.7 million

    Blockworks

    2025-01-08

    FTX states the Backpack acquisition has not been approved by bankruptcy court

    Cointelegraph
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain12 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (3 events). 12 of 12 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-20250514

    generated: 4/21/2026, 7:49:04 PM

    last updated: 7/24/2026, 8:57:07 PM

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