OpenDAO will airdrop SOS tokens to OpenSea end users until June 30, 2022
After tireless efforts everyone wants to receive rewards and the new token airdrop in the NFT village for OpenSea end users started today, namely OpenDAO (SOS).
According to the project’s website, OpenDAO claims to be a tokenization initiative to reward the NFT community and early participants. Accordingly, OpenDAO SOS pledge tokens will be transferred to people who are currently using OpenSea, the largest NFT marketplace platform in the world.
Specifically, the SOS Airdrop amount is based on the total amount of cryptocurrencies (ETH, DAI, USDC) that the user has previously spent on OpenSea, multiplied by a factor of 0.7 and plus the number of transactions made on OpenSea, multiplied by one Factor of 0.7 with 0.3.
Conditions for receiving airdrop
To receive the Airdrop, the end user only needs to connect the wallet to the OpenDAO website. Anyone who has made a transaction on OpenSea since day one is eligible for the Airdrop. Users can participate starting today through June 30, 2022 to receive tokens.
SOS is a token issued on Ethereum with a total inventory of $ 100 trillion. In there:
- 50% for Airdrop to OpenSea end users
- 20% for staking rewards
- 20% for development
- 10% to reward liquidity providers.
OpenDAO claims to use 20% of total SOS to further fuel the growth of the NFT array, which includes the following goals:
- Compensation for victims of fraud on OpenSea
- Support emerging NFT artists
- Support the NFT community
- Support works of art conservation activities
- Create sponsorship packages for the SOS ecosystem.
Who is OpenDao?
There are a lot of questions in the community about this token and airdrop. It’s like a dream come true. The steps to claim the bonus are also very simple: Simply click on a link, sign a MetaMask wallet transaction and in a few hours you will receive the token Airdrop on the wallet.
The initiator of the 9x9x9th project and also the head of the DAO, but there will also be other members of the management team.
OpenDAO’s goal is to develop SOS into the official currency for OpenSea when that market confirms the US IPO as an alternative to issuing tokens. Nevertheless, the good result of SOS will depend heavily on the NFT investment community, as OpenDAO’s growth approach is rather patchy and has no breakthrough beyond token airdrops and no real “rights” to operate OpenSea.
Another problem is that not even OpenDAO addresses the potential use case of SOS. Although it is referred to as a DAO, there are no guarantees that SOS will have the right to participate in the governance of OpenDAO.
Even so, many users are still very excited about this new airdrop.
– vitamindefi.eth (@VitaminDeFi) December 25, 2021
“The OpenDAO airdrop for early NFT companions on OpenSea was incredible. I don’t make 10 ETH like a whale, but with SOS tokens up over 500% and a DAO with a great initiative, I’d love to hodln.
SOS is currently traded on the Uniswap v3, SushiSwap, DODO and MEXC exchanges with a 24-hour trading volume of $ 204 million and a market capitalization of currently $ 194 million. The actual SOS price has increased 500% and will change hands at 0.0000069 at the time of going to press.
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