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Over 77% of the SOS Airdrop Became Claimed by OpenSea Customers

Over 77% of the SOS Airdrop Became Claimed by OpenSea Customers

The largest claim used to be 63.6 billion SOS tokens, whereas the smallest used to be appropriate over $6. The token ticket is down 43% from its all-time high hit on Christmas Day.

On Christmas day, OpenSea users obtained a free ERC-20 token called SOS per what quantity of money they’d spent on the favored non-fungible token (NFT) marketplace.

In the last no longer up to three days, appropriate over 77% of the users have already claimed their airdrop, per Dune Analytics. More than 300,000 addresses were eligible for the 50 trillion SOS token airdrop.

Out of the 38,668,455,245,421 SOS tokens claimed, the largest claim used to be of 63,603,617,192 SOS (price larger than $400sufficient at repeat) whereas the smallest used to be 982,236 SOS (appropriate over $6).

Twenty trillion SOS tokens (price about $130 million) went to the crew’s treasury, whereas one other 20 trillion SOS tokens were allocated for staking incentives and 10 trillion SOS for liquidity incentives.

As of writing, SOS is trading at $0.0000063, down almost 21% within the previous 24 hours and over 43% from its all-time high of $0.00001108 hit on December 25.

The maximum provide of SOS is 100 trillion, however the provide accessible available within the market is 38.6 trillion SOS, which locations its market cap at $257 million.

While SOS tokens had been airdropped to OpenSea users, the airdrop used to be no longer performed by the platform rather by OpenDAO, an unbiased decentralized independent group to enhance the NFT change. OpenDAO used to be created by a pseudonymous developer called 9x9x9.

OpenSea, the corporate, currently faced backlash when the newly appointed CFO hinted at plans for an IPO in station of rewarding its users and neighborhood with a token airdrop.

Contented Holidays!

We’re getting pretty quite a bit of questions and have to elucidate that we’re no longer fervent with the SOS tumble.

We adore seeing the neighborhood fetch inventive recommendations to power the house forward, however we always imply researching the contract and the source sooner than claiming tokens.

— OpenSea (@opensea) December 25, 2021

In screech to speak your SOS, you wish transfer to OpenDAO’s web space, join your crypto pockets — OpenDAO helps MetaMask, Coinbase Wallet, and WalletConnect — and hit “originate claim.”

The SOS airdrop relies on how much that you can have weak OpenSea, on the total how much ETH, USDC, or DAI you’ve got gotten got spent on the platform before December 23. To claim your tokens, that you can furthermore have to pay the gasoline price.

Ethereum network is infamous for terribly high gasoline prices in the end of periods of high exercise, to be able to have to consume your time sooner than claiming. There isn’t any flee for that either, because the OpenDAO has talked about which that you can have until June 30, 2022, to manufacture so, after which unclaimed tokens will be despatched to the DAO treasury.

Snapshot is taken at block: 13858107, ur can claim $SOS until 30/JUN/2022.

Set aside is below huge web site visitors rigidity, it could well perchance affords error exhibits you no longer eligible for the airdrop, however leisure assured, DEV is working on it!

No one else can claim ur $SOS. Contented Xmas, revel within the vacation!

— OpenDAO🆘 (@The_OpenDAO) December 24, 2021

Interestingly, since the starting up on the weekend, already predominant crypto exchanges Huobi, OKEx, KuCoin, and Gate.io have listed the token. And also that you can, with out a doubt, furthermore change it on DEX love Uniswap.

“Someone can repeat up to a hugely a hit mission and draft on their neighborhood and if you happen to present one thing more difficult/rewarding and plenty others., leapfrog your potential into a with out a doubt motivated Minimal Viable Community overnight,” commented Alexis Ohanian, the co-founding father of Reddit founding father of fund SevenSevenSix which is furthermore investing in crypto tasks, on the SOS airdrop.

AnTy

AnTy has been livid relating to the crypto residence corpulent-time for over two years now. Earlier than her blockchain beginnings, she worked with the NGO, Doctor With out Borders as a fundraiser and since then exploring, reading, and developing for varied change segments.

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