The LOUDLABS Foundation is a group dedicated to giving back to the Solana community by supporting the development of public goods and further amplifying the message of what is only possible on Solana. The LOUDLABS Foundation’s first contribution is COIN (COIN), an open source Coin standard meant to be expanded by any and all members of the community. There is no team allocation or compensation for early contributors. With a simple breakdown of 70% community buy and 30% LP/strategic reserve, our core focus is on giving back to Solana