On September 9th, Hunter Biden launched the Meme token on Base. This project transforms the political controversies surrounding his "laptop" over the years into a narrative centered around blockchain tokens. The total supply of the token is set at 1 billion, with accompanying airdrops, team lock-ups, liquidity schemes, and charitable distribution plans.

A total of 1 billion coins

LAPTOP is deployed on the Ethereum layer-2 network Base under Coinbase. The total token supply is fixed at 1 billion coins.

According to the project disclosure, 20% of the tokens will be used for community airdrops, 30% will be allocated to the founders and core team, 5% will be used for transaction liquidity, 5% will be used for project development and infrastructure, and another 5% is reserved for charitable purposes.

The team's shares will be locked for 6 months after the launch, and then gradually released over the course of two years.

30% of the shares are tied to external events.

In the project token economy, another 30% of the supply is linked to 30 real-world events. These events span across political, cryptocurrency market, and pop culture domains.

The text provides examples of relevant conditions, including a Democratic candidate winning the 2028 U.S. presidential election, Bitcoin reaching new highs, and the fully diluted valuation of LAPTOP exceeding that of TRUMP tokens.

This means that the project has not scheduled all token distributions according to a fixed timetable; instead, a considerable portion of the tokens is tied to external events for release.

Some airdrops are targeted at TRUMP loss-making wallets.

The community airdrop will consist of 200 million coins, accounting for 20% of the total amount. A portion of these coins will be distributed to wallet addresses that suffered losses on Trump’s Meme coin TRUMP.

According to the project party, nearly 1 million wallets suffered a total loss of about $3.8 billion in the TRUMP token transactions. The original text did not disclose the specific screening method for this airdrop, the snapshot time, or the allocation rules for individual addresses.

Hunter Biden stated in the project description that this token is intended to redefine the public narrative surrounding his personal events, rather than having the project team drive up its price.