Cryptocurrencies

Solana Breaks way as Samoyedcoin Toon Finance & ChainLink Break Out

Solana, Toon Finance, & Samoyedcoin News

Solana has been making a huge name for themselves as they back major projects in the crypto sphere. The Solana network is overlooked and underrated for the amount of potential SOL has. Meme coins have been breaking away as SOL and other crypto currencies bull run

How is everyone making money on these meme coins? I mean come on seriously? The answer is yes they are. Our Crypto market experts have been researching new technology for years now and they say that decentralized crypto is the future and no one is going to be able to stop them, not the banks or the SEC until strict regulation comes into place. 

Toon Finance raises 2.5 MIL Stage 1 Presale

At this point those who are completely decentralized have nothing to worry about because computers who are smarter than people and can operate at a much higher level run most of these token scans. Toon Finance is the newest ICO to moon in the last few weeks with their presale already raking in over 2.5 MIL USD in the first round.

Samoyedcoin: A Community-Driven Crypto Project

Samoyedcoin ($SAMO) is a community-driven crypto project that was born in 2021 in respect to crypto mogul Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko. 

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 pivoted into an experimental Web 3.0 community coin concentrated on building out a community like non-other. 

As the first memecoin on Solana, SAMO quickly garnered attention from some of the most influential people in crypto and beyond. From Mark Cuban to Elon Musk, institutions like FTX and Alameda Research, to popular Youtubers like Lark Davis and The Moon, everyone seemed to be talking about SAMO.

What is Samoyedcoin?

Samoyedcoin is a community experiment focused on building an online community like non-other in thecrypto space. As the first memecoin on Solana, SAMO has been able to garner attention from some of the most influential people in crypto and beyond. 

The team behind Samoyedcoin is anonymous and decentralized with members located all around the world. The project has no ICO, no premine, and no dev tax. All $SAMO currently in circulation were mined by regular users like you and me. 

The total supply of $SAMO is 10 billion with 5% annual inflation going towards staking & governance rewards as well as ecosystem development. $SAMO can be staked natively on Solana through Samoyedcoin’s staking portal which makes it easy for users to stake their tokens and earn rewards without having to run their own node. 

Stakers can choose to receive their rewards in $SAMO or SOL and have the option to reinvest their rewards back into the staking pool to compound their earnings. 

Currently, there are two main ways to earn $SAMO: through staking or participating in the community experiment known as “The Great Adventure”. 

The Great Adventure is a social experiment/game that incentivizes users to do various tasks (known as “quests”) that help grow & develop the Samoyedcoin community. 

Tasks range from creating social media content, contributing to the development of Samoyedcoin’s wiki & website, identifying & onboarding strategic partnerships, attending conferences & meetups on behalf of Samoyedcoin – just to name a few. 

A user’s quest progress is tracked via an open source Google Sheet known as “The Ledger of Adventures” which anyone can view & contribute to. Once a user completes a quest, they submit proof of completion (typically via link or screenshot) into “The Ledger of Adventures” Google Sheet which is then reviewed by another member of the community who verifies the completion of said quest. 

If verified, the completer of said quest is awarded with $SAMO which they can either HODL or use to purchase other goods & services within Samoyedcoin’s ecosystem such as NFTs or products from our online store. 

Any user can create their own quest for others to complete & if said quest is completed by another member of the community, the creator of said quest will also be awarded with $SAMO as reward for coming up with an impactful way for others to contribute value back into the growing Samoyedcoin ecosystem.

Samoyedcoin ($SAMO) is a community-driven crypto project that was born in 2021 in respect to crypto mogul Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko. Seeing the potential of online communities in a Web 3.0 world, SAMO pivoted into an experimental Web 3.0 community coin concentrated on building out a community like non-other.

 As the first memecoin on Solana, SAMO has been able to garner attention from some of the most influential people in crypto and beyond.. The team behind Samoyedcoin is anonymous and decentralized with members located all around the world.

Currently, there are two main ways to earn $SAMO: through staking or participating in the community experiment known as “The Great Adventure”…A user’s quest progress is tracked via an open source Google Sheet known as “The Ledger of Adventures” which anyone can view & contribute to.

Once a user completes a quest, they submit proof of completion (typically via link or screenshot) into “The Ledger of Adventures” Google Sheet which is then reviewed by another member of the community who verifies the completion of said quest…

If verified, the completer of said quest is awarded with $SAMO which they can either HODL or use to purchase other goods & services within Samoyedcoin’s ecosystem such as NFTs or products from our online store.

Any user can create their own quest for others to complete & if said quest is completed by another member of the community, the creator of said quest will also be awarded with $SAMO as reward for coming up with an impactful way for others to contribute value back into the growing Samoyedcoin ecosystem.

Samoyedoin offers holders unique opportunities not found elsewhere in cryptocurrency today and has already begun making waves in just its short time since launch..With a passionate & rapidly growing community at its core driving adoption & awareness – there’s no telling how far Samoyedoin could go..

An Introduction to Chainlink (LINK)

You may have heard of Chainlink as it has been one of the top performing cryptocurrencies over the past year. But what exactly is Chainlink and what does it do? In short, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Keep reading to learn more about this exciting project. 

What Is Chainlink?

As mentioned above, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. It does this by providing secure off-chain data to complex smart contracts. This data includes things like external data feeds, events, and payment methods. 

Chainlink was founded in 2017 by Sergey Nazarov and Steve Ellis. The team realized that while blockchain technology had the potential to revolutionize many industries, it was limited by its lack of connectivity to real-world data. This is where Chainlink comes in. 

By providing a secure link between blockchains and the real world, Chainlink is opening up new possibilities for blockchain technology. 

How Does Chainlink Work?

Chainlink works by using a decentralized oracle network. This network is made up of nodes that are operated by different entities. These entities can be anything from individuals to large organizations. The nodes in the network are responsible for retrieving data from external sources and then passing this data onto the relevant smart contract on the blockchain. 

The use of a decentralized oracle network ensures that the data passed onto the smart contract is accurate and cannot be tampered with. This is because there is no single point of failure in the system. If one node where to go offline or provide inaccurate data, the other nodes in the network would still be able to provide the correct data to the smart contract. 

What Are The Benefits of Using Chainlink?

There are many benefits of using Chainlink over other solutions. Firstly, as mentioned above, Chainlink uses a decentralized oracle network which makes it more secure than other solutions that rely on a centralized entity. 

Secondly, Chainlink is compatible with any blockchain which makes it very versatile. And finally, due to its use of smart contracts, Chainlink is highly customizable which means it can be used in a variety of different ways. 

Chainlink is a very exciting project that has a lot of potential use cases. Its use of a decentralized oracle network makes it more secure than other solutions on the market and its compatibility with any blockchain makes it very versatile. 

If you’re looking for an investment opportunity in the cryptocurrency space, ChainLink is definitely worth considering!

How to purchase TFT coins

Toon Finance is the hottest coin on the block right now with the project blasting through presale and stirring up the meme coin community. 

Toon Finance is a very simple presale to join and the community is very helpful.  

In order to buy your presale TFT coins you must have a multi coin crypto wallet. 

This is a wallet that will hold ETH coins such as MetaMask or TrustWallet. 

These are the two recommended wallets. 

Once you have your multicoin wallet ready then you are now ready to purchase your TFT coins. 

Next you will load your wallet with ETH, which is the currency for this case. 

Once you have your wallet loaded with ETH all you have to do is swap it for TFT coins on the Toon Finance Buy Page. 

Enter the amount in ETH that you would like to use to swap for TFT coins and click “BUY”. 

Congratulations, Once you have completed this process you are now ready to shill Toon Finance with your fellow TFT Community members.

What is a CryptoCurrency Bull Run?

A bull run is defined as a period of sustained rising prices in the stock market. The term can also be applied to other markets, such as the cryptocurrency market. A crypto currency bull run is a period of time where the prices of digital assets increase at a rapid pace. These rallies are often driven by positive news and speculation surrounding the future of the asset class. 

The most recent bull run in the cryptocurrency market took place in late 2017, when the prices of Bitcoin and Ethereum surged to all-time highs. This was followed by a sharp correction in early 2018, after which prices stabilized for several months. However, 2019 has seen another surge in prices, with Bitcoin once again breaking new ground. 

Why Do Bull Runs Happen? 

Crypto currency bull runs typically happen when there is positive news or speculation surrounding the future of digital assets. For example, the 2017 bull run was fueled by increasing mainstream adoption and institutional interest in Bitcoin. The 2019 bull run has been driven by Facebook’s announcement of its Libra project, as well as increasing institutional investment in cryptocurrencies. 

When Is the Best Time to Invest? 

The best time to invest in a particular asset is when it is undervalued and there is potential for future growth. However, timing the market is notoriously difficult, and even professional investors often get it wrong. As such, it is generally advisable to invest only an amount that you are comfortable losing, and to dollar-cost average your investments over time rather than trying to time the market. 

A crypto currency bull run is a period of time where digital asset prices increase at a rapid pace. These rallies are often driven by positive news or speculation surrounding the future of the asset class. While bull runs can offer opportunities for profits, they are also associated with increased risk. As such, it is important to invest only an amount that you are comfortable losing, and to dollar-cost your investments over time rather than trying to time the market.

Toon Finance Protocol | Telegram | CoinMarketCap | Toon Finance Coin Presale

Michelle Saddozai

Disqus Comments Loading...

Recent Posts

Here is why Bitcoin is still a lucrative investment in 2024

Those who enter the market at this time may be surprised to hear that Bitcoin…

1 month ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

1 month ago

The surge of Bitcoin NFTs: Everything you should know about Bitcoin ordinals

From digital art to real-estate assets, NFTs have become a significant attraction for investors who…

2 months ago

MEXC Partners with Aptos to Launch Events Featuring a 1.5 Million USDT Prize Pool

Singapore, Singapore, 21st October 2024, Chainwire

2 months ago