FAQ

Free to $LOAM$LOAM. 🌱

Straight answers to the questions everyone asks. A meme coin, a land fund, a local memory — explained without hype.

What is $LOAM?
$LOAM is a meme coin on Solana (10,000,000 fixed supply, SPL Token-2022) that coordinates the Sanctum Elysium community around two goals: local AI memory that never leaves your machine, and the LAND Fund — real land, solar and farm assets. It is a coordination tool, not a company share.
Is $LOAM an investment? Will I make money?
No. $LOAM is a meme coin — not a security, not an investment, and not a promise of profit. Its value can go to zero. Buy it because you believe in the movement, never with money you can't afford to lose. Full details on the compliance page.
When did it launch, and where do I find the real contract address?
$LOAM launched June 25, 2026 at 21:00 UTC. The one and only official contract address is published on the Token page and verifiable on Solana Explorer. Any token with the same name but a different address is a fake.
How do I buy $LOAM?
Four steps: install a Solana-compatible wallet (like Phantom or Solflare), add a little SOL for gas, swap on Jupiter or Raydium using the official links from the Token page, then import the token to see your balance. The full walkthrough is in How to Buy $LOAM. Set slippage to about 4% — the token has a 3% transaction fee.
What is the LAND Fund, and what do I actually receive?
The LAND Fund holds 50% of the supply (5M $LOAM) plus 1.25% of every transaction; each month a variable share of its balance is converted to Bitcoin. At the redemption (opens April 13, 2029), the founder voluntarily transfers each holder their proportional BTC share for land — you buy your own parcel and hold the title yourself — while a purchasing co-op bulk-buys solar, batteries and equipment at negotiated volume prices. Details on LAND Fund and The Buyers' Table.
What is the Patience Score?
Your Patience Score is roughly tokens × days held, with a bonus for never selling. It weights your share of the monthly holder distribution (30+ days held to receive it) and your voice in The Vote. Two practical points: the score belongs to the wallet — moving tokens to another wallet (even your own) restarts their score there, and the transfer pays the protocol's 3% fee — and only self-custodied wallets count: tokens left on an exchange sit in the exchange's wallet, so the score and the distribution go to the exchange, not to you. You can track every wallet's score on the public Dashboard.
Can I sell whenever I want?
Yes — always. There is no freeze, no lock on your wallet, no penalty and no judgment. You forfeit patience only on the tokens you sell; the rest keeps its full history. Freedom to leave is a core principle of the project.
Where does the 3% transaction fee go?
It is a 3% transfer fee enforced at the protocol level by the SPL Token-2022 transfer-fee extension; fees are withheld on every transfer and periodically withdrawn to the FEES wallet (2JCUwo9h7Qh132qgG7vUN2owjjFqzZCF7GnL7aYPHkMb, the mint's withdraw-withheld-authority), then distributed monthly. Every buy, sell and transfer carries a 3% fee: 1.25% is redistributed to holders, 1.25% goes to the LAND Fund, 0.25% funds the project, and 0.25% goes to the founder. The fee is the engine that fills the LAND Fund without anyone having to donate anything.
Who decides what the LAND Fund buys?
Holders signal their preferences through The Vote: weighted by Patience Score and signed off-chain with a Solana wallet (an ed25519 message signature, e.g. Phantom's signMessage) — no gas, no transaction, and a signature that can never move or access your tokens. The result is an explicitly non-binding community signal, and each holder ultimately buys and owns their own assets.
What is the local AI memory? Do I need $LOAM to use it?
It is the core technology of the project: an AI memory system that runs entirely on your machine — a house of specialized agents, AES-256 encrypted, no cloud, no subscription. And it is hybrid by design: keep using ChatGPT, Grok or any cloud AI if you want — your conversations are saved locally and you choose which parts stay private — or run 100% offline. A five-mechanism research blueprint extends the design: a local interrogation log, canary memories, surprise scoring and more — all on your machine only; Sanctum Elysium operates no server holding your memory. It will be open-source and free for everyone; you never need to buy $LOAM to use it. Read Memory and Build Status.
Does this site track me?
No. The site is fully self-hosted: no analytics services, no external fonts or CDNs, no cookies, no third-party requests. The only counter is an anonymous page-view tally on our own server. Privacy-first is the reason this project exists — see Why Local.
Why is the founder anonymous?
By choice, and for the project's sake: when no one knows who the founder is, the community truly reigns and attention stays on the memory, the code and the land — not on a personality. The founder has a background in finance, real estate and 15+ years of self-employed business experience, and accepts never being able to claim credit publicly so that Sanctum Elysium belongs to everyone — the full story is on the About page. The only official contact is sanctumelysium@proton.me and the X account @LOAM_token — no team member will ever DM you first or ask for funds or seed phrases.
What happened at launch — June 25, 2026, 21:00 UTC?
The $LOAM contract went live on Solana and the official Jupiter swap link is published on the Token page — use only that link and the contract address already shown there. The initial liquidity pool lives on Raydium, seeded with 4M $LOAM (40% of supply); the 3% transaction fee starts accumulating from the very first trade, and every holder's ◆ Patience Score starts counting from day one. Set slippage to about 4% (the token has a 3% fee). Anything announced anywhere else — a presale, an earlier pool, a DM — is a fake.
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⚖️ $LOAM is a meme coin for community and culture — not a security, not an investment, and not a promise of profit. Any value is incidental and can go to zero. Nothing here is financial advice.

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