The former president’s son is planning to issue tokens using his famous laptop.

Hunter Biden announced on September 9 that he would launch the meme coin LAPTOP on the Base chain, with a total supply of 1 billion coins. The Wall Street Journal confirmed that he himself is a member of the founding team.

Now, let’s look at how the money is allocated. The founding team takes 30%, with tokens locked for 6 months and then linearly unlocked over two years; 20% is used for two rounds of air drops, targeting wallets that have lost money on Trump’s TRUMP coin, providing compensation to the counterparty’s trapped liquidity, which is rare for meme coins; another 20% covers charity, liquidity, exchange cooperation, and market-maker fees.

The unorthodox part comes later. The remaining 30% of the supply is tied to a burn mechanism: it’s set to burn upon meeting any of 30 predefined event conditions—such as Bitcoin reaching a historic high or the Democratic Party winning the 2028 election—and any untriggered amounts are donated to charities. On one side, there’s a Biden-family scandal meme; on the other, TRUMP coin holds about 80% of its supply in affiliated entities. These two political meme coins lay bare the allocation playbook.

The real information gap is this: a politician’s name can bring attention, but what determines the coin price has never been the headline—it’s the unlock schedule, holder concentration, and the event timeline. LAPTOP lays all of this out plainly, making it more honest than most anonymous projects.

If even a president’s family issuing tokens has to rely on lockup and air-drop rules to support the narrative, then for meme coins, is the underlying logic worth money because of the story—or because of the rules?
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