LAPTOP contract breakdown: deployed about 132 days ago, with a total of 1 billion pieces, 80% of which are concentrated in the same group with multiple signatures BlockBeats News: On September 8th, LAPTOP, a Meme coin issued by Hunter Biden, son of former US President Biden, will be launched on Base on September 9th. According to the contract address disclosed on its official website, the total supply of 1 billion tokens has been fully minted in one go, but about 80% of the tokens are controlled by the same group of Gnosis Safe multi signature, and the lock up, ownership, predicted destruction, and charitable donation mechanisms promoted on the project's official website are currently suspected to have not been directly included in the token contract and need to wait for the official release of more information. LAPTOP adopts the standard LayerZero OFT architecture, and the contract source code has been verified. It does not include transaction taxes, blacklists, suspensions, or additional issuance functions. However, cross chain peers have not yet been configured, and owners can still extend cross chain functionality by setting up peers in the future, which has become the largest permission entry point at the contract level. In terms of holdings, the top 10 addresses hold all the supply, of which the vault Safe holds 800 million pieces, accounting for 80% of the total. The Safe and Owner are controlled by the same group of 3 people with multiple signatures, with a threshold of 2/3. The total holdings of the top 5 addresses are about 99.85%, indicating a high concentration of tokens. It is worth noting that LAPTOP's previously announced rules of "30% lock up for founding teams, up to 30% destruction based on political and crypto events, and 20% for airdrops and foundations" are mainly from the project's official website and related narratives, and have not been enforced by token contracts. This means that whether mechanisms such as lock up and destruction will truly be implemented in the future still needs to wait for verification from relevant vaults or additional smart contract deployments. In addition, Hunter Biden himself has only publicly released "LAPTOP/September 9" and has not directly disclosed the official contract address. The address is mainly confirmed by the association between @ Laptoptoken and the project official website. Hunter Biden has followed this account. As the project approaches its launch, there have been a large number of imitations in the market. Analysis suggests that before the official liquidity pool is officially deployed, lock up and destruction mechanisms are put on the chain, and Hunter Biden further confirms the official contract address, investors need to be alert to the risks of counterfeit tokens and erroneous fund transfers. BlockBeats reminds users that many Meme coins have no practical use cases and their prices fluctuate greatly. Investors should be cautious. [Original link]