The new Opendao was launched on Christmas day and it gave away 50% of its total supply to all users who have traded NFTs on the Opensea marketplace.
Christmas Day was the day that Opendao came out. It gave away 50% of its total supply to all users who have traded NFTs and used the OpenSea marketplace since day one. December 23 was the date that the picture for this airdrop was taken.
The group says that 20% of the tokens it issues will be used to pay people who were scammed on OpenSea with SOS, the native token of the DAO, and to help young artists and their original work.
Then, after people were worried about giving unknown contract access to their Ethereum wallets, reports on social media say that people who use OpenSea a lot were given airdrops of thousands of dollars in SOS. A lot of people have signed up for the SOS airdrop, and it has been added to two centralized exchanges, Oxex and Kucoin.
The Airdrop
This airdrop is very different from others that have been done before. This is what Reddit co-founder Alexis Ohanian thinks about how this airdrop was set up. He told us:
OK — b4 all the VC thinkpieces start…. these airdrops (like $ENS before it) flip script on how EVERYONE will value their time + spending online👉 u’re finally rewarded 4 using. It’s bringing incentives that I love (as a founder/investor) to the COMMUNITY that makes it all work.
He said that because the blockchain is a public record, many people can set up airdrops, and in the future, there will be a lot of spam in people’s wallets. However, he said there are going to be some great projects.
The price of SOS has gone up a lot since it first came out. Data from Coingecko shows that the price of the coin went from $0.00000140 when it was launched to $0.00001108. It has since come back down to $0.00000650, which is a middle price.