No data
Welcome to HTX
More surprises await you after logging in!
Sign up
Log in
Buy Crypto
Markets
Trade
Derivatives
Earn
Finance
Activities
$HTX Zone
Language
English (India)
Currency
Download App
Language
Currency
Download App
The SOS cryptocurrency is a token initiated by the OpenDAO project, primarily for governance and rewards within the NFT (non-fungible token) community. Below is an introduction to the SOS cryptocurrency:
Background: SOS is the governance token of the OpenDAO project initiated by NFT collectors "9x9x9", aimed at expressing opposition to OpenSea's (the world's largest NFT trading platform) plan for an IPO.
Issuance: The total supply of SOS is 100 trillion, of which 50% is allocated for airdrops to users trading on OpenSea.
Purpose: The main purpose of SOS is to reward NFT creators, collectors, and contributors fostering the entire NFT ecosystem, particularly in appreciation of OpenSea's leadership in facilitating NFT trading.
Community: The SOS community aims to promote user participation and decision-making through a DAO (Decentralized Autonomous Organization) model, challenging traditional centralized management approaches.
Security: Despite the active development of the SOS community, there are security risks, such as hacking attempts where bots send malicious links, reminding investors to exercise caution and minimize risks.
In summary, the SOS cryptocurrency is part of the OpenDAO project, aimed at promoting the development of the NFT community and decentralized governance.
