Hunter Biden in Meme currency LAPTOP Before the launch, a complete token distribution plan was announced. This token project is scheduled to be launched on Wednesday on the Ethereum layer-2 network Base incubated by Coinbase, with a total supply of 1 billion tokens. The project's official website has published the contract address Base, but the exchange listing information still displays "coming soon" before it is released.
He stated on the social platform X that this token is intended to respond to the long-standing political controversy surrounding his laptop incident, and presented the project as a symbol of "restoration, redemption, and recovery."
20% is used for airdrops.
According to project disclosures, 20% of the supply of LAPTOP will be allocated for community airdrops, with half of that amount to be distributed during the first round of applications:
- 8% allocated to subscribers of “Where ’s Hunter ?”
- 2% is targeted at wallets that have suffered losses on the TRUMP coin.
- Another 10% is reserved for subsequent airdrops.
The founding team holds 30%.
The token economy model shows that the founding team, including Hunter Biden, will receive 30% of the total supply. This portion of tokens is subject to a 6-month lock-up period, followed by gradual unlocking over the course of 2 years.
- 10% is used for liquidity.
- 5% allocated to the Phoenix Veritas Foundation treasury
- 5% is directly used for charity.
The project states that when the token generation event occurs, 35% of the LAPTOP will enter circulation.
30% linked to real-world forecasts
LAPTOP An additional 30% of the supply is tied to 30 real-world predictive events covering political, crypto, and cultural topics. If the predictions come true, the corresponding tokens will be permanently destroyed; if they do not occur, the related tokens will be donated to charitable organizations.
Public examples include whether Trump will be impeached during his term in office, as well as whether Bitcoin will set a new all-time high again. Meanwhile, Polymarket has launched a betting market surrounding LAPTOP.
Reports cited platform data stating that as of Wednesday, the trading volume in that market had exceeded $650,000. Traders estimate that the probability of the valuation of LAPTOP being completely diluted to over $100 million within one day of its launch is about 72%, and the probability of it exceeding $1 billion is about 11%.
Hunter Biden stated that the outside world should not expect him or others to provide support for token prices, and noted that this project places more emphasis on expressing an attitude rather than simply holding assets.
