Backpack Publishes BP Token Code and Contract Address, Warns Official Token Not Live

Backpack said its official token has not been issued and that the TGE remains scheduled for March 23, after an earlier X post sharing BP token details raised concerns about a possible account compromise.

Summary

Backpack warned that its official token has not yet been issued and said the token generation event remains scheduled for March 23. The clarification came after its X account posted the BP token code and contract details roughly two minutes earlier, triggering community concern that the account may have been compromised. The team reiterated that no official token launch has taken place and cautioned users to remain alert to scam risks.

Terms & Concepts
  • Token generation event: The event in which a crypto project officially creates or releases its token for initial distribution or public launch.
  • Contract address: A unique blockchain identifier for a token or smart contract used to locate and interact with it onchain.
  • Token code: A token ticker or shorthand symbol, such as BP, used to identify a digital asset.