The Open DAO, a decentralized autonomous organization dedicated to promoting the global NFT community, released an airdrop that delivered trillions of free tokens to users of OpenSea.
What happened: If Open DAO seems mysterious, it’s because it is — all we know about them is that they’re a DAO focused on supporting NFT creators and communities.
- As of last week, anyone who has ever made a transaction on OpenSea could retrieve a $SOS token airdropped by the DAO
- This token is tradable on major exchanges like OKEx and Huobi.
Over 200,000 users have already claimed nearly 39 trillion tokens. Based on the current token price of $0.00000680, that’s around $265 million worth of $SOS.
- Open DAO says it will use 20% of the tokens to compensate scam victims on OpenSea, support artists and NFT communities, and provide grants to developers.
How to claim: Have you ever transacted on OpenSea? If so, you’re eligible for Open DAO tokens.To claim them, visit the Open DAO website and connect your metamask. It’s a great way to end the year.
Why it matters: Open DAO is a unique case study of how DAO communities can piggy back off of existing centralized platforms to drive new initiatives and reward early adopters.