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SOSTokens are tokens initiated by the OpenDAO project, primarily used for governance and rewards within the NFT (non-fungible token) community. Here is an introduction to SOSTokens:
Background: SOS is the governance token of the OpenDAO project initiated by NFT collector "9x9x9", aimed at expressing opposition to OpenSea (the world's largest NFT trading platform) plans for an IPO.
Distribution: The total issuance of SOS is 100 trillion, with 50% allocated for Airdrop, distributed to trading users of OpenSea.
Purpose: The primary purpose of SOS is to reward NFT creators, collectors, and contributors to fostering the entire NFT ecosystem, particularly to express gratitude for OpenSea's leadership in promoting NFT trading.
Community: The SOS community aims to promote user participation and decision-making on the platform through a DAO (decentralized autonomous organization), challenging traditional centralized management models.
Security: Despite the positive development of the SOS community, there are security risks, such as hackers sending malicious links through bots, reminding investors to be cautious and mitigate risks.
In summary, SOSTokens are part of the OpenDAO project, aimed at promoting the development of the NFT community and decentralized management.
