Christmas came early for Opensea users as theopendao.com announced free $SOS tokens. The claim is available to anyone who has ever traded at OpenSea since its launch.
Following the release of the $SOS tokens, Twitter was flooded with various queries about the project, such as the security protocol of these airdrops or what the claimable percentage is. Let’s discuss these, one by one.
$SOS tokens: What’s in for OpenSea users?
As mentioned, $SOS tokens are for all OpenSea users who trade NFTs. Currently, the price of $SOS is 0.00000249 ETH and fiat is the product of your claimable $SOS and the value of one $SOS.
Fiat amount = One $SOS value × claimable tokens
Image Credit: OpenDao
Moreover, the value of $SOS tokens has increased 387% from its initial price. In the future, we can also expect an exponential rise since these tokens are getting widely used.
This is to note that the project is not affiliated with OpenSea. Neither, OpenSea has commented on anything regarding this project.
Thanks to these airdrops, traders can now claim a decent amount of ETH. Although, many are concerned about its security issues.
Clearly, unrecognized small NFT projects will also receive a boost because of these $SOS tokens, as traders might invest more in these because of their low floor price, to increase their claimable amount of $SOS.
Will OpenSea ever launch its IPO or their own tokens? Only time will tell us. Meanwhile, you can claim the tokens on theopendao.com or track the price of $SOS tokens here.
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