Backpack introduces its entire token distribution

#Backpack reveals its complete token allocation: 25% (250M tokens) will be unlocked at TGE, including 24% for the Points airdrop (240M) and 1% for #MadLads (10M). 37.5% (625M) is reserved for the pre-IPO phase and be unlocked upon hitting growth milestones, while the remaining 37.5% (375M) is allocated post-IPO to the company treasury and will remain fully locked for one year as a long-term strategic digital asset.

Backpack is an open-source crypto wallet and exchange platform that offers a robust, user-friendly platform for seamlessly trading, managing, and securing cryptocurrency assets.

👉 x.com/Backpack/status/2020859026221744435