{"id":"sam-bankmeme-fried","version":1,"language":"en","title":"Sam Bankmeme Fried","hidden":false,"content":"**Sam Bankmeme Fried** is a parody [memecoin](https://iq.wiki/wiki/memecoins), with the ticker symbol $SBF, built on the [Solana](https://iq.wiki/wiki/solana-sol) [blockchain](https://iq.wiki/wiki/blockchain). It is a novel [crypto](https://iq.wiki/wiki/cryptocurrency) project that brings humor to the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) world while promoting community involvement and innovation.[\\[1\\]](#cite-id-obj5s5nreel)[\\[2\\]](#cite-id-oaxy3q4jki)  \n  \nIn 2023, $SBF received a shoutout on Twitter from the verified [Dogwifhat](https://iq.wiki/wiki/dogwifhat-wif) account and regularly participates in $WIF community spaces.[\\[3\\]](#cite-id-nzulrrlmp9)$$widget0 [YOUTUBE@VID](SjkYQTrKTLE)$$  \n  \n# Overview  \n  \nSam Bankmeme-Fried was launched on November 26, 2023, on the [Solana](https://iq.wiki/wiki/solana-sol) [blockchain](https://iq.wiki/wiki/blockchain), drawing inspiration from the events surrounding the collapse of the [FTX exchange](https://iq.wiki/wiki/ftx) and its CEO, [Sam Bankman-Fried](https://iq.wiki/wiki/sam-bankman-fried). It is primarily a meme coin but also offers Telegram marketing bots for the Solana ecosystem, including a crypto research bot, a multi-modal meme generator, and a raid bot called RaidQuest.[\\[1\\]](#cite-id-obj5s5nreel)  \n![1500x500 (3).jpg](https://ipfs.everipedia.org/ipfs/QmaMKye1wsdqevKiANUJHyYXKekNv8g2uNe1gosvrmsq7b)The [memecoin](https://iq.wiki/wiki/memecoins) serves as both a parody and a social commentary on the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) industry, particularly focusing on its risk management practices and the ethical implications of leadership within the sector. Initially founded by a group of individuals who later departed from the project, leading to a community takeover, Sam Bankmeme-Fried has achieved a 4-month track record of consistent community growth and engagement. Its success is attributed to a community-driven approach characterized by active engagement through social media and involving the community in platform development decisions.[\\[4\\]](#cite-id-fjk98hs4jtq)[\\[5\\]](#cite-id-wg65kvnnqrg)  \n  \n## Community and Culture  \n  \nThe Sam Bankmeme-Fried project revolves around its community, known as \"Sams.\" This community is not just an add-on but a core part of the project. Members of the $SBF community actively engage in the project's development and promotion, contributing to a collective narrative that blends elements of role-playing with [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency).  \n  \nThe project is also known for its unique communication style, characterized by irreverent humor and a penchant for satire. This is most notably expressed through \"prison journal\" entries, fictionalized accounts written from the perspective of [Sam Bankman-Fried](https://iq.wiki/wiki/sam-bankman-fried) in a humorous and exaggerated tone. These entries serve as both a form of entertainment and a satirical commentary on the events surrounding the real-life figure and the broader cryptocurrency industry.[\\[1\\]](#cite-id-obj5s5nreel)  \n  \n# SAM AI BOT  \n  \nThe Sam AI Bot is an AI-powered Telegram bot used for crypto research, community engagement, and later, on-chain analysis. It is currently in private beta, but free to use in its Telegram community.  \n  \nThe bot is an uncensored AI model that can discuss [crypto](https://iq.wiki/wiki/cryptocurrency) and other financial topics not found in ChatGPT. It also offers Real-time data from top crypto and finance news to even the most obscure sources like 4chan's /biz/.[\\[6\\]](#cite-id-ghyjowheo7)  \n  \n##   \n  \n# Tokenomics  \n  \nThe total and maximum supply of the $SBF [memecoin](https://iq.wiki/wiki/memecoins) is 99,991,999. The tokens are fully distributed to the [liquidity pool](https://iq.wiki/wiki/liquidity-pool) and feature no taxes, allocations, or presale, emphasizing a fair distribution model.  \n  \n$SBF is available for trading on [Poloniex](https://iq.wiki/wiki/poloniex) and [Raydium](https://iq.wiki/wiki/raydium). On Raydium, it boasts the most active trading pair, SBF/SOL, and the largest daily trading volume. In the coming weeks, $SBF plans to conduct an airdrop for over 120,000 Solana Saga smartphone owners.[\\[7\\]](#cite-id-hdy6q2k39wf)[\\[8\\]](#cite-id-w61171g9aci)  \n  \n# Utility  \n  \n$SBF can be used across various Solana-based platforms including, Orca, Raydium, and Jupiter. Serving as a meme coin with [decentralized governance](https://iq.wiki/wiki/dao) features, $SBF is closely linked to the SBF DAO. This token plays a crucial role as the [governance token](https://iq.wiki/wiki/governance-tokens) for the SBF DAO, empowering holders to engage in key decision-making processes within the ecosystem. Beyond its [memecoin](https://iq.wiki/wiki/memecoins) status, $SBF offers a practical and valuable utility, enhancing its significance within the Solana ecosystem.[\\[1\\]](#cite-id-obj5s5nreel)  \n  \n# Technology  \n  \nSam Bankmeme Fried ($SBF), is built on the [Solana](https://iq.wiki/wiki/solana-sol) [blockchain](https://iq.wiki/wiki/blockchain), a [smart contract](https://iq.wiki/wiki/smart-contract) platform founded by [Anatoly Yakovenko](https://iq.wiki/wiki/anatoly-yakovenko). Solana stands out for its innovative transaction verification method, which combines proof of stake with its unique proof of history system.  \n  \n$SBF's ownership structure is designed to prioritize decentralization. It includes full renouncement of ownership and zero creator and Token Update Authority balances. This approach sets SBF apart from other [memecoins](https://iq.wiki/wiki/memecoins), addressing concerns about centralization and giving the community a significant role in shaping its development.[\\[4\\]](#cite-id-fjk98hs4jtq)","summary":"Sam Bankmeme Fried is a parody memecoin on the Solana blockchain-inspired by the events surrounding the collapse of the FTX exchange and its infamous CEO, Sam Bankman-Fried.","categories":[{"id":"cryptocurrencies","title":"cryptocurrencies"}],"promoted":0,"tags":[{"id":"Memecoins"}],"metadata":[{"id":"references","value":"[{\"id\":\"obj5s5nreel\",\"url\":\"https://www.sambankmeme.com/\",\"description\":\"info\\n\",\"timestamp\":1710570474902},{\"id\":\"oaxy3q4jki\",\"url\":\"https://coinmarketcap.com/currencies/sam-bankmeme-fried/\",\"description\":\"info\",\"timestamp\":1710570573692},{\"id\":\"nzulrrlmp9\",\"url\":\"https://x.com/dogwifcoin/status/1733207786912178678?s=46&t=_lysfDA6pcnUkuUdRjdicQ\",\"description\":\"info\",\"timestamp\":1710577765032},{\"id\":\"fjk98hs4jtq\",\"url\":\"https://coinmarketcap.com/currencies/sam-bankmeme-fried/\",\"description\":\"info\",\"timestamp\":1710577820460},{\"id\":\"wg65kvnnqrg\",\"url\":\"https://twitter.com/sambankmeme\",\"description\":\"twitter\",\"timestamp\":1710577857243},{\"id\":\"ghyjowheo7\",\"url\":\"https://www.sambankmeme.com/ai\",\"description\":\"AI \\n\",\"timestamp\":1710577913586},{\"id\":\"hdy6q2k39wf\",\"url\":\"https://coinmarketcap.com/currencies/sam-bankmeme-fried/\",\"description\":\"CMC\",\"timestamp\":1710578375463},{\"id\":\"w61171g9aci\",\"url\":\"https://www.coingecko.com/en/coins/sam-bankmeme-f\",\"description\":\"CG\",\"timestamp\":1710578393471}]"},{"id":"website","value":"https://www.sambankmeme.com/ai"},{"id":"twitter_profile","value":"https://twitter.com/sambankmeme"},{"id":"telegram_profile","value":"https://t.me/sambankmemecoin"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/sam-bankmeme-fried/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/sam-bankmeme-fried"},{"id":"commit-message","value":"New Wiki Created 🎉"}],"user":{"id":"0x2fe6acd015384e1ee5138ef79fe1a434da8fa12e"},"author":{"id":""},"media":[{"name":"fDuwcgj-zmk","size":0,"id":"https://www.youtube.com/watch?v=fDuwcgj-zmk","source":"YOUTUBE"},{"name":"SjkYQTrKTLE","size":0,"id":"https://www.youtube.com/watch?v=SjkYQTrKTLE","source":"YOUTUBE"},{"name":"dt_ctS2k_400x400.jpg","size":"0.02","id":"QmX8TChT44HLACdEPjxJumxU9EXJHYGSpKDRqe3FFJvy9e","type":"GALLERY","source":"IPFS_IMG","hash":"QmX8TChT44HLACdEPjxJumxU9EXJHYGSpKDRqe3FFJvy9e"},{"name":"1500x500 (3).jpg","size":"0.05","id":"QmaMKye1wsdqevKiANUJHyYXKekNv8g2uNe1gosvrmsq7b","type":"GALLERY","source":"IPFS_IMG","hash":"QmaMKye1wsdqevKiANUJHyYXKekNv8g2uNe1gosvrmsq7b"}],"views":0,"events":[],"images":[{"id":"QmXwGeMi5jrrmGEHFrxWNRTkpRyz6ao7vXAtSjG4pbDgHX","type":"image/jpeg, image/png"}]}