Odaily News Former NBA champion and global charity advocate Lamar Odom officially announced the launch of a new Web3 project, the anti-drug and drug rehabilitation themed MEME coin ODOM, which will be issued based on the Solana chain. The project is jointly supported by Alpha Technology Group Limited (NASDAQ: ATGL), a Nasdaq-listed company in the United States, and several institutions.
The total supply of ODOM is 300 trillion, and the token distribution plan is open and transparent: 5% is allocated to continue funding global drug rehabilitation centers, mental health education and other public welfare projects, with a market value of 10 billion unlocked; 5% belongs to Odom personally, and will be locked before the market value reaches 15 billion US dollars; 10% incentivizes early LP providers to enhance market depth and stability; 20% is allocated to the Trump Dinner Plan; 60% is fully circulated in the market, with no lock-up or reservation, to ensure the healthy development of the initial market.