Where & How To Buy OpenDAO (SOS)

According to its website, the goal of the OpenDAO (not to be confused with a stablecoin minting protocol by the same name) and its SOS token is “to pay tribute, to protect, to promote” the NFT community. 

Specifically, anyone who has transacted on OpenSea before December 23 can claim free SOS tokens via the airdrop. All they have to do is connect a wallet like MetaMask to the OpenDAO website, estimate their rewards based on the total number of transactions and dollars spent on OpenSea, and initiate their claim for free tokens.

The total number of transactions has 30% weight, and transaction volume in ETH, DAI, and USDC has 70% weight for token distribution, according to the OpenDAO’s website. That means the more money spent on transactions, the more SOS tokens one would get.

The total supply of SOS tokens is 100 trillion, and 50% of it will be airdropped to OpenSea users. From the rest 50%, 20% will be kept for the DAO itself, 20% for staking incentives, and 10% for liquidity provider incentives, the website says. 

OpenSea users have until June 30, 2022, to claim their tokens, after which any remaining tokens will be sent to the DAO’s treasury. 

OpenDAO says it will use its 20% share to compensate verified scam victims on OpenSea, support artists and NFT communities, and provide grants to developers. 

Over 200,000 users have already claimed nearly 39 trillion SOS tokens, an amount currently worth almost $265 million. The SOS token has already been listed on major crypto exchanges, such as OKEx and Huobi. It is currently trading at $0.00000680.  

  • 50% airdrop to OpenSea users
  • 20% Staking Incentive
  • 20% OpenDAO
  • 10% LP incentives
  • Compensate verified scam victims on OpenSea with $SOS
  • Support emerging artists and their original work
  • Support NFT communities
  • Support art preservation
  • Developer grant for participating in $SOS ecosyste

Where & How To Buy OpenDAO (SOS)

We think Binance is the best options to get started and buying your OpenDAO (SOS)

Binance

Binance logo over their trading interface

You can buy OpenDAO (SOS) by buying ETH from the binance with its cheap fees, then sending it to an exchange to trade it for OpenDAO (SOS) like KUCOIN.

Binance is a global crypto platform with support for more than 500+ different coins and tokens. So, if you want to trade in various crypto assets, then this is your best option.

Unlike other exchanges, the fees on Binance are really low and affordable which means you can trade without getting burned by high fees.

It is one of the most secure platforms in the world of cryptocurrency trading. There is no need to worry about your money while using this platform because it’s safe and secure.

Binance Exchange is a cryptocurrency exchange. It was launched in 2017 and is one of the largest cryptocurrency exchanges in the world, with over $6 billion trade volume per day.

Binance provides a wide variety of trading pairs such as BitcoinEthereum, and Tether among others. They also provide their own coin – BNB which is traded against other coins on the platform.

There are many reasons why people might use Binance Exchange:

Binance Exchange is a company that specializes in the exchange of digital currencies. A reason that people might use this exchange is for its security. Binance offers two-factor authentication and a secure trading engine for transacting with various cryptocurrencies. This reason makes it one of the safest exchanges out there