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OpenDAO

SOS

  • NFT
Established Year
2022
Operating Status
Active
Ecosystem
Ethereum
OpenDAO is a digital native community focused on leveling the playing field for both creators and collectors.

Frequently Asked Questions

What Is OpenDAO (SOS)?

[OpenDAO](https://www.coinlive.com/coin/opendao) calls itself “the token of the metaverse” and aims to become a central asset for the [metaverse](https://coinmarketcap.com/alexandria/glossary/metaverse) and Web3, in a similar fashion as stablecoins like [USDC](https://www.coinlive.com/coin/usd-coin). OpenDAO launched its SOS token on Christmas Day 2021 via an [airdrop](https://coinmarketcap.com/alexandria/glossary/airdrop) to all users that had bought, sold or traded [NFTs](https://coinmarketcap.com/alexandria/glossary/non-fungible-token) on marketplace OpenSea. The declared goal was to create a way to pay tribute to the NFT creators, collectors and marketplaces and nurture the NFT ecosystem. OpenDAO aims to build utility for its token by allowing users to mint NFTs with SOS, trade NFTs for SOS on permissionless marketplaces and implement it in games and projects as a governance token.