Good news for the airdrop hunter community, including Airdrop Finder members who have been following the Backpack ecosystem from the beginning as previously shared. Crypto trading platform Backpack has officially revealed its token distribution plan ahead of its Token Generation Event (TGE), with the majority of the initial allocation designated for its community.

In its latest announcement, Backpack stated that 25% of the total token supply will be unlocked at TGE, equivalent to 250 million tokens. Of this amount, the majority will be allocated to a Points-based airdrop program.

240 Million Tokens Allocated for Points Airdrop

According to the tokenomics details released by Backpack:

• 24% (240 million tokens) is allocated for the Points airdrop
• 1% (10 million tokens) is allocated for Mad Lads NFT holders

This means that most of the tokens unlocked in the early stage will be distributed directly to community members who have participated in the Backpack ecosystem through its Points system.

For users who have actively used Backpack products or joined its previous points programs, this allocation strongly indicates that community rewards will be a core component of the upcoming token launch.

Further Token Distribution

In addition to the initial allocation at TGE, Backpack also outlined its token distribution plan for the next phases.

A total of 37.5% of the total token supply (625 million tokens) will be allocated for the pre-IPO phase. These tokens will not circulate immediately but will instead unlock gradually based on the platform’s growth milestones.

Meanwhile, another 37.5% will be reserved as company treasury. This allocation will be held in Backpack’s treasury and fully locked for one year after the IPO, serving as a long-term strategic digital asset.

This distribution structure demonstrates that Backpack is attempting to balance community incentives with the project’s long-term stability.

Backpack Introduces On-Chain IPO Service

Beyond its tokenomics announcement, Backpack also introduced a relatively unique initiative in the crypto industry: an on-chain IPO service.

Through this feature, Backpack users will be able to receive IPO share allocations directly via the platform, supported by infrastructure provided by Superstate.

Shares issued through this mechanism will represent real equity ownership, distributed directly via blockchain and utilizing the Solana network as the primary infrastructure.

This concept opens new possibilities where investors can own shares of public companies directly through blockchain technology, without traditional intermediaries.

Positive Signal for the Airdrop Community

For the airdrop hunter community, especially those who have followed the Backpack ecosystem since its earliest phase, this announcement is a positive signal.

With 240 million tokens allocated specifically for the Points program, the distribution opportunity for early users stands out as one of the largest among many crypto projects launched in recent years.

Moreover, its integration with Solana and expansion into on-chain IPO services suggests that Backpack is building a broader ecosystem beyond just a trading platform.

Conclusion

Backpack’s tokenomics announcement reinforces the project’s strong focus on its community. Out of the total token supply, 25% will be unlocked at TGE, with 240 million tokens allocated for the Points airdrop and 10 million tokens for the Mad Lads NFT collection.

On the other hand, Backpack is also expanding its business model by introducing an on-chain IPO service, enabling company shares to be distributed directly through the Solana blockchain.