Skip to content
Buzz Blockchain
Menu
  • Home
  • Bitcoin
  • Ethereum
  • News
  • Currency
  • Blockchain
  • Interview
  • Press Release
Menu

Community Takes Over and Revives Solana-Based Memecoin, Peet

Posted on June 4, 2024

Singapore – In an inspiring turn of events, the Peet community has successfully revived the Solana-based memecoin after its original developers abandoned the project. Demonstrating the resilience and power of decentralized finance, the community has come together to rebuild, innovate, and pave a new path forward for Peet.

According to the community, the original developers of Peet vanished, leaving the project in disarray. The dedicated members of this community refused to let their efforts go to waste and, instead of allowing the project to collapse, they formed a community-driven decentralized autonomous organization (DAO) to take control and guide Peet towards a brighter future.

“While most exit scams or rug pulls result in the collapse of a project, Solana-based memecoin Peet managed to survive one of them, illustrating how crypto’s decentralized nature can sometimes allow a project to continue even when its developer disappears,” says one community member. “The chillest cat on Solana has proven that with determination and a strong community, anything is possible.”

The Peet community has already made significant gains with a few, key developments, including:

Formation of a Community-Based DAO: The DAO ensures that all major decisions are made collectively, promoting transparency and inclusivity. This governance structure has empowered the community to take ownership of the project and drive it forward with a shared vision.

  • Multisig Marketing Wallet: Implementing a multisignature wallet adds an extra layer of security, requiring multiple approvals before any funds can be spent. This system prevents any single individual from misusing the marketing funds and ensures that all expenditures are authorized by the community.
  • Content Creation: The community is actively producing engaging memes and videos to promote Peet. These creative efforts not only help in marketing but also in building a strong, vibrant community around the project.
  • New Roadmap and Website: A comprehensive new roadmap has been created, detailing the future plans and milestones for Peet. Additionally, a V2 website has been launched to reflect Peet’s renewed vision and provide a better user experience.
  • Merch Store Launch: An online merchandise store is set to launch, offering exclusive Peet-themed products. This initiative aims to generate additional revenue streams and foster a sense of identity and belonging among the community members.
  • Development of a Unique Game and Betting App: Innovative applications are in the works to enhance the Peet ecosystem and provide additional value to the community. These projects are designed to engage users and create new use cases for the Peet token.

For more information, please visit https://peetcommunity.com/ or join its Community Channel at https://t.me/peetcommunity.

About Peet

Peet is a community-driven memecoin on the Solana blockchain, known for its light-hearted and humorous approach to cryptocurrency. Initially abandoned by its developers, Peet has been revived by a passionate community that formed a decentralized autonomous organization (DAO) to steer the project. The community’s efforts focus on creating engaging content, maintaining a secure and transparent financial system, and developing innovative applications to enrich the Peet ecosystem.

Contact Information

Peeton Sol

[email protected]

https://peetcommunity.com/

Recent Posts

  • LAX Announces Strategic Expansion Toward Dynamic Liquidity Routing for Merchant Settlements
  • LAX Launches Merchant Settlement Framework to Accelerate Web3 Retail Adoption
  • Good Tokens Demonstrates How Decentralized Systems Can Power Measurable Good
  • The “KICK” Phenomenon: Why This Solana Breakout is Capturing the Market’s Attention
  • LAX Introduces Adaptive Payment Layer to Power Next-Generation Web3 Transactions
  • Colle AI Reframes How Creators Scale NFT Production Across Chains
  • LAX Enhances Digital Payment Architecture for Scalable Web3 Commerce
  • Good Tokens Enhances Accountability Tools for Impact-Driven Applications
  • Good Tokens Expands Blockchain and AI Initiatives to Support Global Good
  • Good Tokens Advances Transparent Digital Infrastructure for Real-World Impact
  • Crushed by Crypto Losses? Unleash No-Code Crypto Backtesting on Cointester.io
  • ElmonX Launches “Vitruvian Man” — Leonardo da Vinci’s Iconic Study of Human Proportion Reimagined as a Digital Collectible
  • GAIN Crypto Secures U.S. FinCEN MSB Registration as Global User Base Surpasses One Million, Marking a New Phase for Compliant and Scalable Decentralized Futures Trading
  • The Technology Behind Wemine’s Crypto Mining Hosting Platform
  • Good Tokens Enhances Accountability Tools for Technology-Enabled Social Initiatives
  • Observing an Early-Stage Crypto Platform: A Personal Review of Synthesz
  • Good Tokens Expands Blockchain and AI Initiatives to Support Global Impact Programs
  • Strayacoin ($NAH) Launches Easy-Access Faucet — Get Free $NAH Without Mining!
  • Good Tokens Advances Transparent Digital Infrastructure for Social and Humanitarian Use
  • Good Tokens Broadens Adoption of Blockchain-Based Solutions for Global Good
  • PUPI Presale Launches January 17 via Gempad
  • Good Tokens Enhances Accountability Tools for Technology-Enabled Social Initiatives
  • Mansa AI (MUSA) Developer Submits $400M Strategic Offer for CoinGecko Acquisition
  • Good Tokens Expands Blockchain and AI Initiatives to Support Global Impact Programs
  • FOMO Builds as Weewux and OMIX Gain Massive Traction Ahead of 2026 Launch
  • OneStep ($ONE): From Childhood Toy to Meme Coin on Solana
  • PUPI Launches Public Presale on January 17 With Dual-Chain Support on Ethereum and Linea
  • GIRAFFE AI LABS Recognized as a Global Leader in Web3 Financial Infrastructure
  • FaithBanc Global Announces the Launch of FaithBanc Dollar™ and Expands Its Global Faith-Aligned Digital Banking Platform
  • OMINA (OMN): A Next-Generation Blockchain Project Focused on Secure and Sustainable Digital Finance
  • UIDI Crypto Obtains FinCEN MSB Certification in the U.S., Surpasses 1 Million Global Registered Users — Ushering Decentralized Futures Trading into a New Era of Compliance and Scale
  • KaJ Labs Advances AI-Powered Web3 Infrastructure Through Continued Ecosystem Expansion
  • Good Tokens Scales Blockchain and AI-Driven Initiatives to Support Global Impact Programs
  • Stop Waiting on Devs: SlingZero is Turning Token Launches into a 1-Click Sprint
  • Mansa AI (MUSA) Advances Agentic Automation Platform Following Native Token Launch
©2026 Buzz Blockchain | Design: Newspaperly WordPress Theme