Recent Highlights on Backroom and the $ROOM Token đ±
đčïž Token Launch
The $ROOM token was officially introduced, reaching $6.4 million which was a 32x return to early participants who committed points.
đč 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.
đč 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 programâs 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.
đčïž 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 âkeys,â 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.
