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Backpack TGE is coming: What are points actually worth? Backpack, a centralized crypto exchange built by former FTX and Alameda leaders, is actively preparing to TGE with person verification as the first step towards token claim eligibility. Previously, Backpack raised $37M from Jump Crypto, Multicoin Capital, Placeholder VC, Wintermute, Robot Ventures, and others. 25% of Backpack tokens are allocated to the airdrop: • 24% (240M tokens) allocated to points holders • 1% (10M tokens) reserved for MadLads NFT holders Let’s take a look at point values across FDV scenarios – for reference, Backpack is reportedly negotiating up to $50M in new financing at a $1B valuation, while Polymarket odds currently favor a $500M FDV at launch. Check great flexible Backpack airdrop calculator here🔗backpack-calculator.swishi.xyz How many points and what expectations do you have? 👀 @TOP7ICO