Samoyedcoin (SAMO): Meme Coin Based on Solana Blockchain

• 1 SAMO is a digital meme coin from the family of dog-themed tokens, created to boost the growth of the Solana blockchain.
• 2 It is much more than a currency and aims to be the basis for Web3 adoption and further technologies.
• 3 It works on the need for social networking among humans, adapts to be a mode of payment, and builds a community.

SAMO is a growing digital asset backed by the Solana user community, involved in educating market participants, making personal connections, and helping each other navigate.

It believes that memes will continue to be an essential part of modern society, including the crypto space. SAMO identified an opportunity to leverage the advantages of memes to attract market participants into the Solana ecosystem and help them get more information. 

The SAMO community dreams of accelerating the Solana ecosystem’s adoption, development, and growth. It aims to establish Samoyedcoin as Solana’s promoter by pushing the limits of what’s possible for a Web3 community.

Its strategy is to provide market participants with the knowledge, resources, and community to navigate Solana, crypto, and life in a better way.

The community was established on the belief that fostering a non-confident, non-contentious, transparent, and individualistic culture was the best path forward. Most meme coins use deceptive tokenomics, and pursue aggressive marketing campaigns to appreciate their prices. 

These meme coins urge their members to aggressively promote their coin, and they use automated technologies, known as bots, to spread awareness via social media.

SAMO: An Experiment in Web3 Community Building

The SAMO team acknowledges the need for social communication and connection among humans, which was hindered in the COVID era. Several studies have confirmed that the human brain’s lifelong passion for staying socially connected is important for mental and physical health.

With the increase in the need for online communities, SAMO initially positioned itself as a decentralized, experimental community with the rise of user-owned Web 3.0. SAMO believes in the future of Web3 communities by building a community for those who are familiar with or new to the asset class. 

It is also constantly involved in developing sub-communities that allow people to make life-long connections that extend a mutual affinity for crypto.

In Web2, Facebook and Google were able to generate billions through ad revenue by advertising directly to their users. These tech giants were able to make billions with the help of their large communities. 

However, communities are now able to extract and impute their value from a decentralized, freely accessible digital asset with the rise of Web3. In this new era, the community itself decides its direction and worth.

The idea of attaching value to an asset, irrespective of its intrinsic value, is known as value consensus.

Characteristics of SAMO

Modern Forms of Money

Web3 has not only given rise to a new community but, altogether, a new type of money. Innovative forms of currency are emerging within the umbrella of digital assets and currencies. Bitcoin stood as the most successful decentralized, scarce, hard, digital money. 

Governments have decided on a definition of money, which has now changed with the invention of digital currencies. It gives power to people. Not all the newly developed crypto assets have the potential to fight time and will face difficulties because of volatility and their rise to prominence. 

Technological developments and the rise of digitally native generations indicate the adoption of multiple digital currencies and the creation of a part of the crypto ecosystem.

Solana’s Ambassador

SAMO aims to imitate the growth of Doge and Shib, which are also meme coins and are based on other blockchains. It aims to surpass growth by improving itself in terms of transaction cost and transaction speed.

It is working on the main barrier to the mass adoption of blockchain by educating the community, users, and other interested investors.

SAMO’s goal and vision go beyond being just a meme coin. It is committed to driving mass adoption and will be foundational in solving this problem and helping market participants become aware of the technical advantages of the Solana blockchain.

Easy and Fun to Understand

The coin is based on the most loved breed of dog. It is a social, loyal, intelligent, gentle, family-oriented, and vocal breed. The crypto also aims to be known for these characteristics among users and potential users.

Crypto believes that life is about growth, whether it’s work, relationships, or hobbies. To achieve success and growth, it is important to learn. The SAMO community centers around love, support, and insight to have fun and grow.

Conclusion: Current Tokenomics

SAMO was created and released in April 2021 with a capped supply of 14 billion coins. Out of which, 9.254 billion coins will be burned and eventually have a maximum supply of 4.746 billion SAMO.

It will lead to a charge on Web 3.0 community building and will prove its potential to the world as the most efficient and hardest of all the meme dog coins in existence. 

FAQs

Where is Samoyedcoin listed?

It is listed on exchanges including OKX, Gemini, Kraken, Gate.io, Orca, Raydium, and more.

What type of exchanges list Samo?

Both centralized and decentralized exchanges list Samo.