NBA Champion Lamar Odom Launches Anti-Addiction Meme Coin, Sparking Disruptive Innovation in Web3
By: thebittimes|2025/05/15 17:15:05
0
Share
Former NBA champion and globally recognized public welfare advocate Lamar Odom has officially announced the launch of a groundbreaking Web3 project—an anti-addiction-themed meme coin, issued on the Solana blockchain. More than just a cryptocurrency, this initiative represents a revolutionary integration of blockchain transparency and global social good.The project is jointly supported by Nasdaq-listed company Alpha Technology Group Limited (NASDAQ: ATGL) and other aligned institutions, aiming to build the world’s first "blockchain-driven philanthropy" model.Odom stated on X: “I’ve looked death in the face and battled addiction to earn a second chance at life. Today, I hope to use the power of Web3 to help others find theirs.”Mission-Driven Token ModelThe coin has a total supply of 300 trillion tokens, with a fully transparent allocation plan:5%: Ongoing support for global drug rehab centers and mental health education, unlocked when market cap reaches $10 billion;5%: Allocated to Lamar Odom personally, with a strict vesting schedule until the market cap hits $15 billion, demonstrating long-term commitment;10%: Incentives for early LP providers to enhance market depth and liquidity;20%: Special allocation for the “Trump Dinner Program,” where users stake TRUMP tokens via smart contracts, receive 100% of their tokens back, plus the coin airdrop;60%: Fully circulating in the open market—no lock-up, no reserves—to support healthy early-stage trading.A Breakthrough in Meme Coin UtilityUnlike traditional meme coins, which often rely on hype with no intrinsic value, this coin introduces financial innovation:Backed by Real Assets:It is paired with the yield-generating stablecoin $USDO, injecting real U.S. dollar-backed value into the ecosystem. This creates long-term financial logic for holding.Social Good Meets Finance:The coin is the world’s first meme coin focused on anti-addiction and rehabilitation. It’s not just images and hype—it’s about using Web3 transparency to power real-world impact.Upgraded Community Mechanics:The “Trump Dinner Program” uses decentralized smart contracts for staking and rewards. Participants maintain full asset safety and receive extra token airdrops, offering controlled risk with shared rewards.Regulatory Transparency:Amid global regulatory scrutiny, the coin team pledges full-chain transparency. All mechanism documents and audit reports will be made public, and legal compliance will be pursued globally, setting a new trust standard in the meme coin space.Industry insiders believe the coin has the potential to create a value-driven paradigm shift in the meme coin sector, reshaping perceptions and offering a new blueprint for Web3-powered philanthropy.Compliance and Global ExpansionThe Odom team is working closely with international law firms to apply for licenses across multiple jurisdictions, ensuring full regulatory compliance. Plans are underway to launch a cryptocurrency exchange in Dubai as the core issuance platform for $USDO, reinforcing the ecosystem's foundation.Odom has secured an invitation to Trump’s banquet and will be attending the event with his meme coin.About Lamar Odom and the ProjectLamar Odom is a former NBA champion and globally recognized advocate for addiction recovery and mental health awareness. Through his personal journey of overcoming adversity, Odom has become a powerful voice for change. The project reflects his commitment to using technology for good—leveraging blockchain innovation to promote transparency, drive real-world impact, and pioneer a new model of philanthropy in Web3. Backed by Alpha Technology Group (NASDAQ: ATGL) and a coalition of aligned partners, token is redefining what meme coins can achieve.Source: https://thebittimes.com/nba-champion-lamar-odom-launches-anti-addiction-meme-coin-sparking-disruptive-innovation-in-web3-tbt115362.html
You may also like
How much longer can Ethereum's last big buyer hold on?
According to Bitmine's current buying pace, the 5% target is expected to be reached next month, and at that time, there may be no further increases in holdings. So, who will fill the buying gap for Ethereum?
The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts
SpaceX's equity update has sparked controversy over on-chain liquidations. Trade.xyz refuses to reset the SPCX pricing, and the lack of a Rebase mechanism in Perp DEX has led to a significant trust test for on-chain Pre-IPO assets.
World Cup 2026 Coming – WEEX Celebrates with $1M Prize Pool & Michael Owen Live
The 2026 FIFA World Cup is hours away. WEEX unveils the “World Cup x Dice Rush” campaign with a 1,000,000 USDT prize pool. Plus, Michael Owen reunites with WEEX COO for an exclusive pre-match livestream. Join now!
Galaxy in-depth report: Is Solana still worth paying attention to?
Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...
Young people in South Korea make a "final effort" in the epic bull market
The South Koreans' average of two accounts for wildly gambling in the chip bull market reflects the survival anxiety and harsh reality of countless young people trying to break through class barriers behind the nationwide stock trading frenzy for wealth.
Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?
How to reconstruct the prediction market using leverage?
When the P2P illicit funds from ten years ago turned into 60,000 bitcoins
The largest Bitcoin money laundering case in the UK has new developments: 16,000 Chinese victims are pursuing 61,000 seized Bitcoins across borders, and the dispute over the applicability of UK and Chinese laws will directly determine whether the victims can share in the soaring profits.
Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena
Overview of Important Market Events on June 10
Why did Oracle deliver the strongest financial report in history, yet its stock price fell?
Oracle's revenue for fiscal year 2026 set a record, with AI cloud orders soaring to $638 billion, but massive capital expenditures on computing power led to negative free cash flow, causing a 5% drop in after-hours stock prices.
Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?
The Bitcoin L2 star project Botanix announced a gradual shutdown, with the team admitting to facing severe challenges from the failure of its business model and the prevailing trends. Users are urged to withdraw all assets before July 9, 2026.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Overview of Important Market Events on June 9th
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
The platform that wins this competition will be the one whose execution layer is the hardest to replicate, whose builder ecosystem delivers the fastest, and whose regulatory path is the most open.
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Instead of competing with ambition, focusing on restraint, how does Anthropic leverage extreme strategic focus and an "counterintuitive" geek culture to counterattack OpenAI on the AI battlefield?
Every exchange is a "Universal Exchange."
You initially build infrastructure for something, then realize it can also be used for many other things, and then you continuously expand the business to accommodate everything that the infrastructure can support.
The counterattack of traditional finance: Alliance chains are quietly reviving
Whether public chains win or consortium chains win has never been the focus.
Pantera Capital Partner: How Tokenization is Restructuring the Private Equity and Early Investment Ecosystem?
Top tech companies are going public later and later, leaving retail investors shut out during the high growth period. Can tokenization give ordinary people back this entry ticket?
Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon
Mastercard launched Agent Pay for AI, a new payment protocol designed to help AI agents make small payments such as pay-per-use access to data and APIs. The system plans to record human-granted AI agent permissions on Polygon, focusing on verifiable authorization, identity, and payment controls.
How much longer can Ethereum's last big buyer hold on?
According to Bitmine's current buying pace, the 5% target is expected to be reached next month, and at that time, there may be no further increases in holdings. So, who will fill the buying gap for Ethereum?
The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts
SpaceX's equity update has sparked controversy over on-chain liquidations. Trade.xyz refuses to reset the SPCX pricing, and the lack of a Rebase mechanism in Perp DEX has led to a significant trust test for on-chain Pre-IPO assets.
World Cup 2026 Coming – WEEX Celebrates with $1M Prize Pool & Michael Owen Live
The 2026 FIFA World Cup is hours away. WEEX unveils the “World Cup x Dice Rush” campaign with a 1,000,000 USDT prize pool. Plus, Michael Owen reunites with WEEX COO for an exclusive pre-match livestream. Join now!
Galaxy in-depth report: Is Solana still worth paying attention to?
Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...
Young people in South Korea make a "final effort" in the epic bull market
The South Koreans' average of two accounts for wildly gambling in the chip bull market reflects the survival anxiety and harsh reality of countless young people trying to break through class barriers behind the nationwide stock trading frenzy for wealth.
Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?
How to reconstruct the prediction market using leverage?
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
