[Backpack Announces Token Allocation Plan: 25% to be Released at TGE, Remaining Linked to Business Milestones and IPO] Foresight News reports that crypto exchange Backpack has officially released its complete tokenomics allocation plan. The total token supply is 1,000,000,000 (1 billion) tokens, with the specific allocation details as follows: TGE Release (25%): 250 million tokens will be released on the day of TGE. Of these, 24% (240 million tokens) will be allocated to point holders, and 1% (10 million tokens) will be allocated to Mad Lads NFT holders. Growth Trigger Unlock (37.5%): During the Pre-IPO phase, 375 million tokens will be gradually unlocked based on the achievement of key milestones. Unlock conditions include measurable regulatory progress, product expansion, and broader market access. Company Treasury (37.5%): During the Post-IPO phase, 375 million tokens will serve as a strategic digital asset treasury. This portion of tokens will be fully locked until one year after the company's IPO. All team members and investors will gain token exposure through this treasury, aiming to achieve long-term value creation.