What is OpenDAO?
Symbol: SOS · Market cap rank: #5585
Short answer
OpenDAO (SOS) is a cryptocurrency currently ranked #5585 by market capitalisation.
Source: isthiscoinascam.com
Overview
OpenDAO ($SOS) is a token designed for the NFT ecosystem. The project conducted an airdrop targeted at users who have engaged in trading on OpenSea.
The treasury holdings of OpenDAO are allocated to protect traders on OpenSea, support NFT artists and communities, and provide grants for developers. Further details regarding its governance model and supply cap are not specified.
Scam-risk analysis
OpenDAO has a moderate score — some risk signals were raised but no critical concerns. Is OpenDAO a scam?
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