Recent Highlights on Backroom and the $ROOM Token 🔱
🔹️ Token Launch
The $ROOM token was officially introduced, reaching $6.4 million which was a 32x return to early participants who committed points.
🔹 Community Sale
Following the initial launch, Backroom held a second public sale open to all users.
➤ The sale lasted 24 hours.
➤ The soft cap was set at 40 ETH (around $1.25 million).
➤ The hard cap was set at 160 ETH (around $5 million).
➤ Participants purchased $ROOM directly using ETH through a dedicated platform link.
➤ A referral program was introduced to encourage community growth by rewarding users who invited others.
🔹 Incentive and Rewards Program
Backroom launched a rewards initiative to encourage ongoing engagement.
➤ Approximately 5% of the total $ROOM supply was allocated for active participants.
➤ Rewards were based on staking, trading, or other community activities.
➤ The program’s deadline was set for late July 2025.
➤ Participants who bought tokens during the sale were considered already staked, which allowed them to earn additional rewards and incentivized broader participation.
🔹️ Utility and Functionality of $ROOM Token
The $ROOM token is designed with multiple uses to support the ecosystem:
➤ It grants access to exclusive insights called “keys,” which are tradable assets.
➤ Content creators can earn royalties in $ROOM, from high-quality contributions.
➤ Backroom focuses on Layer 2 technology and its versatile token utility suggests potential for further growth, particularly if broader market conditions improve.
In summary, @useBackroom is actively working to build a sustainable, community-driven ecosystem centered around the $ROOM token.
Through strategic token launches, active participation incentives, and utility features, it aims to build a loyal and engaged community.