The new decentralized organization Opendao offered a gift to users of Opensea (one of the largest NFT markets in terms of transaction volume) at Christmas. The organization launched its own token and organized an airdrop to distribute it to users who have used Opensea to purchase NFT, so that they can get 50% of the total supply of its native token SOS, thanks to the popularity of NFT.

Opensea users receive Opendao airdrop

User Outside sea This year received a Christmas gift from a new DAO (Decentralized Autonomous Organization), which initiated an airdrop to thank the market users and thank them for their support of the NFT environment.Clear the way roll out On Christmas Day, it airdropped 50% of its total supply to all users who traded NFTs and started trading on the Opensea market from the first day. The snapshot of this airdrop was taken on December 23.

The organization claims that 20% of its total circulation will be used to compensate verified victims of fraud on Opensea with DAO’s native token, SOS, and to support emerging artists and their original works.

According to social media reports, after initially worrying about authorizing unknown contracts to control users’ Ethereum wallets, user Opensea received thousands of dollars in SOS airdrops. At the time of writing, more than 240,000 addresses have applied for SOS airdrops, and the token has been listed on the two centralized exchanges Oxex and Kucoin.

A new way of airdrop

The dynamics of Opendao airdrops are different from other airdrops organized before. This is the opinion of Reddit co-founder Alexis Ohanian (Alexis Ohanian), who praised the way the airdrop was organized.he statement:

Ok — b4 All VC ideas have started… These airdrops (such as the previous $ENS) flip scripts, showing how everyone will value their time + online consumption ? You finally get 4 use rewards. It brings the incentive mechanism that I love (as a founder/investor) to the community and makes everything go smoothly.

He further elaborated that since the blockchain is a public record, multiple parties can organize these airdrops, and there will be a large number of spam emails filling people’s wallets in the future. However, he said that there will be great projects.

Since its launch, the price of SOS has experienced significant growth.According to price data if Launched by Coingecko, the token rose from $0.00000140 at the time of launch to $0.00001108. Since then it has fallen back to the midpoint of $0.00000650.

What do you think of the Opendao airdrop for Opensea users? Tell us in the comments section below.

Sergio Goshenko

Sergio is a cryptocurrency journalist based in Venezuela. He described himself late and entered the crypto space when prices rose in December 2017. With a background in computer engineering, living in Venezuela, and socially affected by the cryptocurrency boom, he offers a different perspective on the success of cryptography and how it can help the unbanked and underserved people.

Image Source: Shutterstock, Pixabay, Wikimedia Commons