BlockBeats reported that LAPTOP, a meme token linked to Hunter Biden, is scheduled to launch on Base on Sept. 9. Using the contract address disclosed on the project’s website, the outlet said the token has a total supply of 1 billion, all minted in a single batch, while roughly 80% of that supply is controlled by the same Gnosis Safe multisig group.
At the contract level, LAPTOP uses a standard LayerZero Omnichain Fungible Token, or OFT, structure. The source code has been verified. According to the report, the contract does not contain transfer taxes, blacklist functions, pause controls, or any extra minting feature. Still, the cross-chain Peer has not been configured yet. That means the Owner can later extend cross-chain functionality by setting a Peer, which BlockBeats described as the largest permission entry point currently left in the contract.
Token ownership is highly concentrated
Holder data cited in the report shows that the top 10 addresses hold the entire supply. The treasury Safe alone holds 800 million LAPTOP, equal to 80% of the total. That Safe and the Owner are controlled by the same three-person multisig, with a 2-of-3 signing threshold.
The concentration becomes even clearer in the top five addresses. Together, they hold about 99.85% of the supply.
Website promises are not enforced by the token contract
BlockBeats said LAPTOP had previously presented several token rules to the public, including 「30% locked for the founding team, up to 30% to be burned based on political and crypto event outcomes, and 20% allocated to airdrops and the foundation.」 For now, those arrangements come mainly from the project website and related narrative rather than from hardcoded token-contract enforcement.
That leaves open whether the lockup, vesting, predictive burn, and charitable donation mechanisms will actually be carried out. The report said verification will depend on future deployment of treasury contracts or additional smart contracts. More official information is still pending.
Official contract confirmation remains limited
BlockBeats added that Hunter Biden himself has only publicly posted 「$LAPTOP / September 9」 and has not directly published an official contract address. At this stage, the address is being identified mainly through the @Laptoptoken account and the project website, and Hunter Biden has followed that account.
With the launch approaching, a large number of copycat tokens have already appeared in the market, according to the report. BlockBeats said investors should stay alert to fake tokens and mistaken fund transfers before the official liquidity pool is deployed, the lockup and burn mechanisms are put on-chain, and Hunter Biden gives further confirmation of the official contract address.
The outlet also reminded users that meme coins often have no practical use case and can see large price swings, so trading them carries risk.