Many people discussing business plans only talk about emotions. Total supply: 1 billion. 25% of TGE was released: 240 million to points users, 10 million to Mad Lads. All user-side. The official statement from the founders, employees, and investors is that there are no direct token holdings. The remaining two parts are even more secure: 37.5% will only unlock after growth milestones, and even then, the unlocking will be distributed to users. It's not a linear monthly dump. Finally, the remaining 37.5% will go into the company's coffers, locked up for at least a year after a potential IPO. If the team wants to make money, they need to go through the equity and IPO process. It's not something that can be dumped on the same day as TGE. There's also new activity on the product side today @Backpack_CN. Backpack Securities listed the tokenized AAPL on Solana. The official description says it's tradable 24/7 and can be redeemed 1:1 for Nasdaq real shares. This is not the same as a synthetic token scheme that only tracks price. Looking at the activity side, the third week's blind box rankings were just released. The top spot opened approximately 5403 in a single week. Real US Stocks Second place: 3104 Third place: 2304 The top ten are all in the 900-5000 range The boxes contain real stocks, not incentivized installments The fourth week's trading blind box event is still running First box available once cumulative volume reaches $10,000 Maximum 15 boxes available, each worth approximately $1000 real stocks. Invite a friend and both parties receive a box upon reaching the target. Registration closes on November 3rd Link: https://backpack.exchange/quests?referral=u00lz8xz