Samoyedcoin (SAMO) was created in honor of crypto entrepreneur Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko, amid the emergence of "memecoins" in 2021 and quick adoption of the Solana blockchain. SAMO pivoted into an experimental Web 3.0 community coin focused on building out a community like no other, seeing the potential of online communities in a Web 3.0 world, the advantages of Solana and the influence dog coins have in onboarding new market participants, marketing their underlying Layer-1 blockchain and infiltrating modern day culture.
SAMO is a new digital asset that supports a community dedicated to onboarding Solana users, educating market participants, forging personal bonds, and assisting one another in navigating life.
The rise of the decentralized web (Web3) has allowed communities to assign value to a digital asset that is freely accessible to anybody with a smartphone and an internet connection.
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