🆘 Big news from the @iccm.eth 👉 We are entering full creator mode, new weekly highlights are dropping: ✅ Top creators on @farcaster ✅ Top creators on Twitter ✅ Top and active Discord members ✅ top creators on @zora ⚡️ Each spotlight comes with rewards and recognition (more details soon). Real prizes for ones adding value and driving the community forward I am currently sitting at #12 on the leaderboard, but i believe that i will climd higher Super Bullish @iccm.eth 🥰 #ICCM #farcaster #base #zora
- 7 replies
- 2 recasts
- 25 reactions
Backpack Tokenomics Announced: 25% Unlock at TGE 🎒 Backpack has officially revealed the tokenomics for its upcoming token. Here’s the quick breakdown: Total Supply: 1B tokens Unlocked at TGE: 25% From that 25% unlocked at launch: • 24% goes to Backpack Points participants • 1% is allocated to Mad Lads NFT holders 👉 This entire portion is directed to the community — not insiders. ⸻ The remaining supply is divided into two long-term buckets with no early unlocks: 1️⃣ 37.5% – Growth-Based Unlocks (Pre-IPO) These tokens unlock only if the product grows — more users, ecosystem expansion, and real performance milestones. There is no fixed vesting schedule. 2️⃣ 37.5% – Post-IPO Corporate Treasury This portion is held by the company and locked for at least one year after a potential IPO. There are no direct token allocations to the team, employees, or VCs before an IPO.
- 0 replies
- 0 recasts
- 1 reaction
Espresso plans to allocate 10% of its total token supply to 1 million wallets. At first glance, that might sound like a “dust” airdrop — but not necessarily. What really matters is the project’s FDV at launch. If we assume (purely hypothetically) that every wallet gets an equal share, the token would need roughly a $10B FDV for each participant to receive about $1,000 in value. But that’s not how airdrops usually work: • allocations are rarely equal • major contributors typically get larger shares • smaller participants receive less And realistically, a $10B launch valuation is a long shot. So the likely outcome is this: a small group of users could receive solid rewards, while the majority may end up with relatively small allocations. In the end, airdrop value isn’t determined by the number of wallets — it’s driven by valuation and how the tokens are distributed.
- 0 replies
- 0 recasts
- 0 reactions