Evaluation of the OpenDAO (SOS coin) project – The latest information and updates on the project

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2022-01-01 16:32:15

What is OpenDAO (SOS)?

OpenDao is a decentralized autonomous organization. The project recently released the SOS token as a way to honor, protect and promote the NFT industry. In addition, the project wants to express its gratitude to all the creators, collectors and NFT marketplaces who have contributed to the development of this new industry.

Conditions to receive Airdrop SOS

50% of SOS tokens will be distributed to all addresses traded on OpenSea as of day 1. Snapshot taken on December 23, 2021 12:00 (UTC) at block 13858107.

The allocation is based on total transaction volume (weight 30%) and trading volume on ETH, DAI & USDC (weight 70%) on OpenSea. Users have until June 30, 2022 to receive their tokens, after which any remaining tokens will be sent to the DAO treasury.

Who is behind the OpenDao project?

The main contributor to the project is currently unknown. This user is active through the Twitter account @9x9x9eth. In addition to OpenDao @9x9x9eth is also a key member of the 721 DAO project.

Basic information about SOS token

  • Token Name: OpenDAO
  • Ticker: SOS
  • Blockchain: Ethereum
  • Token Standard: ERC-20
  • Contract: 0x3b484b82567a09e2588a13d54d032153f0c0aee0
  • Token Type:
  • Total Supply: Updating
  • Circulating Supply: Updating

Token Allocation

SOS coin allocation chart

  • Airdrop for OpenSea users: 50%
  • Staking Rewards: 20%
  • OpenDao: 20%
  • Liquidity Provider Rewards: ten%

Token Release Schedule

Updating

What is SOS token used for?

  • Compensation for victims of fraud when using OpenSea
  • Supporting emerging artists and the NFT . community
  • Support art conservation
  • Provide a grant to developers to enhance the SOS . ecosystem

SOS token storage wallet

SOS is an ERC20 token, so you will have a lot of wallet options to store this token. You can choose from the following wallets:

  • Floor wallet
  • Popular ETH wallets: Metamask, Myetherwallet, Mycrypto, CHK Wallet
  • Cold wallets: Ledger, Trezor

How to earn and own SOS tokens

  • Buy directly on the exchange.
  • Provide liquidity on Sushiswap for rewards.

Where to buy and sell SOS tokens?

Currently, SOS is traded on many different exchanges with a total daily trading volume of about 188.8 million USD. Exchanges that list this token include: OKEx, Sushiswap, Uniswap, MEXC, Gate.io, Kucoin, Huobi Global, Hoo.com, BKEX…

Roadmap of OpenDao project

Updating

What is the future of the OpenDAO project, should I invest in SOS token or not?

OpenDao is a decentralized autonomous community. The project held a large airdrop for users of the NFT OpenSea trading platform. Through this article, you must have somewhat grasped the basic information about the project to make your own investment decisions. CHK is not responsible for any of your investment decisions. Wish you success and make a lot of profit from this potential market.

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