Backpack announced its token distribution plan, with 25% unlocked at TGE, corresponding to 250 million tokens, including 24% (240 million) for Points airdrops, and 1% (10 million) for Mad Lads; 37.5% (625 million) before IPO will be unlocked upon reaching growth milestones; 37.5% (375 million) will be stored in the company's treasury after IPO and will be fully locked for one year post-IPO as a long-term strategic digital asset.

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