Backpack Token Allocation Revealed: 25% Unlocked at TGE, 37.5% Each Before and After IPO

Recently, Backpack revealed its detailed token allocation plan via its official social channels, sparking widespread attention across the industry.

25% Tokens Released at TGE

According to the official announcement, 25% of the tokens will be unlocked during the Token Generation Event (TGE), with 24% allocated to points holders and 1% designated for the MadLads community.

37.5% Gradually Unlocked Prior to IPO

An additional 37.5% will be released in stages before the IPO launch. The unlocking of these tokens will be tied to key milestones, including measurable regulatory progress, product development, and expanded market access.

Remaining 37.5% Reserved for Treasury Post-IPO

The remaining 37.5% will be allocated as enterprise treasury funds, unlocked after the IPO and locked for one year.

• All team members and investors gain token exposure through the corporate treasury.
• This portion of assets will be managed as strategic digital assets to drive long-term value creation within the ecosystem.