OpenDAO’s SOS Token Hits $250M Market Cap Despite Unclear Goals, Security Risks

Airdrops are a token distribution method that allows crypto users who have performed certain actions to claim tokens. In this case, the airdrop applied to any Ethereum ( $1,651.94 ) address that purchased a non-fungible token (NFT) on the popular OpenSea marketplace – a potential pool of more than 850,000 addresses. To be clear, OpenDAO has no relationship with OpenSea aside from targeting its user base with an airdrop.