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Solana Projects > Samoyedcoin

Samoyedcoin

The very first memecoin and dog money on the Solana blockchain.

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Launched in April 2021, Samoyedcoin (SAMO) pioneered the memecoin category on Solana as its first dog-themed token. What began as a community experiment has evolved into Solana's unofficial ambassador, with over 100,000 holders and deep integration across the ecosystem. SAMO combines cutting-edge technology - leveraging Solana's speed and efficiency to become the fastest and most eco-friendly dog money in crypto - with genuine utility through education, community building, and ecosystem development. The project has burned 54% of its initial supply, launched an NFT collection, created the SamoDAO funded with 100M SAMO, and partnered with major protocols including Phantom, Orca, and Step Finance. Recent developments include launching Saga Tools for Solana phone users and an upcoming Samoyedcoin Mastercard.

What Makes Samoyedcoin Special

Samoyedcoin distinguishes itself through its unique position as both Solana's first memecoin and a serious force for ecosystem growth. While other memecoins focus primarily on price speculation, SAMO has established itself as "Solana's Ambassador" by pushing the boundaries of what's possible for a Web3 community. The project maintains a careful balance between the playful aspects of meme culture and genuine utility.

The Samo Famo, as the community is known, focuses on educating new users about Solana, making personal connections, and helping participants navigate both crypto and life. This educational mandate sets SAMO apart from typical memecoins, creating lasting value through knowledge sharing and community building rather than pure speculation.

How to Use Samoyedcoin

Getting Started with SAMO

Acquiring SAMO is straightforward through both centralized exchanges (CEX) and decentralized exchanges (DEX). Major CEX listings include Kraken, Gemini, OKX, and several others, providing easy fiat on-ramps for new users. For those preferring decentralized options, SAMO can be traded on popular Solana DEXs like Jupiter and Orca.

To participate in the ecosystem, users should first set up a Solana-compatible wallet like Phantom or Solflare. Once equipped with SOL for transaction fees, users can swap for SAMO and begin engaging with the community through various channels and platforms.

SAMO NFTs and Collectibles

The Samoyedcoin NFT collection represents another way to engage with the ecosystem. These randomly generated, custom-designed NFTs are available on major Solana marketplaces including Tensor, OpenSea, Magic Eden, and Solanart. Holding SAMO NFTs provides exclusive access to VIP channels and events in the project's Discord, as well as potential participation in SamoDAO governance.

Samoyedcoin Features

Community Focus and Education

At its core, Samoyedcoin operates as a community-focused platform dedicated to onboarding new users to the Solana ecosystem. The project provides educational resources, community support, and networking opportunities for participants at all levels of crypto expertise. This educational mandate extends beyond simple tutorials to include hands-on guidance and peer-to-peer learning opportunities.

Saga Tools Integration

Recognizing the importance of mobile adoption, SAMO has developed Saga Tools specifically for Solana phone users. This platform simplifies the process of organizing and distributing airdrops to Saga phone holders, creating a seamless connection between mobile users and the broader Solana ecosystem.

Cross-Chain Compatibility

Through innovations like the Samo Swap, SAMO has achieved multi-chain support, enabling broader accessibility and liquidity. This cross-chain functionality allows users from different blockchain ecosystems to participate in the SAMO community while maintaining the efficiency advantages of the Solana network.

The Samoyedcoin Team

While maintaining a degree of anonymity common in crypto projects, the SAMO team has demonstrated consistent execution and community focus since launch. The project's governance structure emphasizes community participation through the SamoDAO, funded with 100 million SAMO tokens to support ongoing development and ecosystem initiatives.

The team's commitment to transparency is evidenced by regular community updates, detailed documentation, and consistent delivery of roadmap milestones. Their track record includes successful partnerships with key Solana protocols, ecosystem event sponsorships, and continuous platform development.

Samoyedcoin Roadmap

The project's 2024 development plan, dubbed "The Year of SAMO," focuses on several key initiatives:

Current Focus Areas

The team is actively working on mass marketing campaigns to drive SAMO awareness, developing new real-world payment solutions, and expanding both centralized exchange listings and DeFi integrations. The roadmap emphasizes practical utility alongside community growth.

Upcoming Developments

Planned releases include SAMO NFT V2, which will introduce new features and customization options for existing NFT holders. The project is also developing various ecosystem tools and exploring additional partnerships to enhance SAMO's utility within and beyond the Solana ecosystem.

SAMO Token and Tokenomics

Supply and Distribution

SAMO launched with an initial maximum supply of 14 billion tokens. Following strategic burns throughout 2022, the total supply was reduced to 4.746 billion SAMO. This significant reduction in supply (54%) demonstrates the project's commitment to value accrual for token holders.

The remaining supply is distributed across various stakeholders:

  • Community and ecosystem development
  • Team allocation for ongoing development
  • Trading liquidity provisions
  • Strategic partnerships and marketing initiatives

Utility and Governance

The SAMO token serves multiple functions within the ecosystem:

  • Governance participation through SamoDAO
  • Access to exclusive community features and events
  • Trading pair liquidity on various exchanges
  • Integration with upcoming payment solutions including the Samoyedcoin Mastercard

Security and Audits

Samoyedcoin prioritizes security through several measures:

  • Regular security audits of smart contracts
  • Transparent tokenomics with verifiable burn transactions
  • Community-driven governance through SamoDAO
  • Integration with established Solana protocols and infrastructure

The project maintains security through careful platform development and strategic partnerships with proven ecosystem players. All major protocol changes and integrations undergo thorough testing and community review before implementation.

Strategies and Opportunities

Community Participation

Active participation in the Samo Famo community offers various opportunities:

  • Access to educational resources and mentorship
  • Early information about ecosystem developments
  • Networking with Solana developers and projects
  • Potential airdrops and reward programs

NFT Opportunities

SAMO NFT holders can:

  • Access exclusive Discord channels and events
  • Participate in SamoDAO governance
  • Potentially upgrade their NFTs with the upcoming V2 release
  • Trade NFTs on major Solana marketplaces

Ecosystem Integration

Users can maximize their SAMO involvement through:

  • Providing liquidity on DEX platforms
  • Participating in cross-chain swaps
  • Engaging with partner protocols and platforms
  • Contributing to community development initiatives

Contents

Note: inclusion in Solana Compass directory does not indicate a recommendation or endorsement of this project, its token(s) or its products. Data sourced with thanks from The Grid to aid in building these pages.

Project Info

Founded: April 2021

Project Assets

Samoyedcoin (SAMO)

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