The project, which draws its name from the 2020 political controversy, reserves 30% of its total supply for the founding team, subject to a six-month lock-up and a two-year vesting schedule. An additional 20% is earmarked for airdrops, specifically catering to those who lost capital on Trump-linked assets, as well as subscribers to Biden’s Substack and mailing lists curated by journalist Andrew Callaghan.
LAPTOP introduces a deflationary mechanism tied to market and political milestones. Up to 30% of the token supply may be burned if specific events occur, such as Bitcoin hitting a new all-time high, a Democratic win in the 2028 presidential election, or the token’s valuation surpassing that of TRUMP. If these conditions are not met, the tokens will be donated to charity rather than destroyed. This launch follows a period of heavy scrutiny regarding the roughly $4 billion in losses retail investors have sustained across Trump-branded crypto products, a trend that has prompted calls for SEC investigation from senators including Elizabeth Warren and Richard Blumenthal.
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