tl;dr
Former NBA champion Lamar Odom has launched ODOM, an anti-addiction-themed memecoin on the Solana blockchain, supported by Nasdaq-listed Alpha Technology Group Limited and other partners. ODOM aims to create the world’s first blockchain-driven philanthropy model, combining transparency with social g...
Former NBA champion Lamar Odom has launched ODOM, an anti-addiction-themed memecoin on the Solana blockchain that integrates blockchain transparency with global social good.
The ODOM tokenomics feature a total supply of 300 trillion tokens allocated for multiple purposes: 5% supports global drug rehabilitation centers and mental health education, 5% is vested personally to Lamar Odom, 10% incentivizes liquidity providers, 20% funds the unique “Trump Dinner Program” staking rewards, and 60% circulates freely in the market to foster healthy trading.
ODOM stands out by pairing with a yield-generating stablecoin called USDO, thereby injecting real U.S. dollar-backed value into the ecosystem. This approach merges social impact—focusing on addiction recovery and rehabilitation—with innovative finance mechanisms like decentralized staking through smart contracts.
The “Trump Dinner Program” offers a novel staking structure where users stake TRUMP tokens and receive their staked amount back along with ODOM token airdrops, balancing risk with reward while maintaining asset safety.
Committed to regulatory transparency, the ODOM team pledges full-chain disclosure, publishing mechanism documents and audit reports, while pursuing global legal compliance. Plans include launching a cryptocurrency exchange in Dubai that will serve as the main issuance platform for USDO and reinforce the ecosystem's infrastructure.
Lamar Odom draws on his personal journey overcoming addiction to fuel this blockchain-driven philanthropy model, backed by Nasdaq-listed Alpha Technology Group Limited and a coalition of aligned partners. This ambitious initiative aims to redefine memecoin utility by embedding real-world impact and financial logic into the Web3 landscape.