This market will resolve to “Yes” if Backpack (https://x.com/Backpack) officially launches a governance token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to “No”. The token must be actively and publicly transferable and tradable. Announcements alone do not qualify. The primary resolution source for this market will be information from Backpack, however a consensus of credible reporting will also be used.
Choose your position: Buy "YES" if you think it will happen, or "NO" if you don't.
Set your stake: Trade with virtual currency. The price reflects market probability.
Wait for the outcome: If you're right, you receive $1 per share. If wrong, you lose your stake.
This is a simulation. No real money involved.