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OpenDAO Stock

OpenDAO

SOS

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OpenDAO Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
LBankSOS/USDT051.0536.3370,404.80cex765/26/2025, 9:03 AM
XXKKSOS/USDT08.846.7957,734.790cex17/9/2025, 6:21 AM
MEXCSOS/USDT0127.9312.9255,499.890cex844/8/2025, 6:35 AM
GateSOS/USDT00052,353.790cex16/3/2025, 11:19 AM
XT.COMSOS/USDT0001,631.590cex14/8/2025, 6:35 AM
SuperExSOS/USDT00073.790cex16/25/2025, 4:57 AM
BITSOS/USDT00000cex14/30/2025, 10:55 AM
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OpenDAO FAQ

What is OpenDAO (SOS)?

OpenDAO identifies itself as "the token of the metaverse" and aspires to become a core asset for the metaverse and Web3, akin to stablecoins such as USDC. The SOS token was launched by OpenDAO on Christmas Day 2021 through an airdrop distributed to all users who had bought, sold, or traded NFTs on the OpenSea marketplace. The stated objective was to establish a means to honor NFT creators, collectors, and marketplaces while fostering the NFT ecosystem. OpenDAO seeks to develop utility for its token by enabling users to mint NFTs using SOS, facilitating the exchange of NFTs for SOS on permissionless marketplaces, and integrating it into games and projects as a governance token.

Who are the Founders of OpenDAO?

A key contributor to OpenDAO is 9x9x9.eth, an anonymous DeFi power user and influencer on Crypto Twitter. This individual is supported by "like-minded contributors." OpenDAO is structured as a DAO, allowing anyone to contribute.

What Distinguishes OpenDAO? OpenDAO stands out in the cryptocurrency ecosystem due to its unique features and capabilities. This innovative digital asset operates with distinct attributes that make it an appealing choice for users and investors. Those interested in learning more about its detailed financial metrics, market performance, and recent developments can visit Eulerpool for comprehensive information.

OpenDAO seeks to replace permissioned marketplaces such as OpenSea with a digitally native community designed by and for users, according to the project. A key element is OpenDAO’s mission statement, which pledges support to emerging artists and their original work, while assisting NFT communities in implementing their roadmaps. In line with its commitment as a grassroots initiative within the web3 community, OpenDAO has allocated 20% of its treasury to compensate verified scam victims on OpenSea with SOS. Currently, the project is in its development phase, with utility heavily focused on the SOS token and its associated staking rewards. OpenDAO aims to establish the largest DAO within the Web3 and NFT sectors and launch an ecosystem that provides grants to developers and marketers, along with creator curation. Additionally, OpenDAO is set to introduce Mintstarter, expected to enhance the utility of the SOS token and serve as a launchpad for newly minted NFTs. Furthermore, there is SOSMarket, anticipated to be the DAO’s decentralized and permissionless NFT marketplace, offering an alternative to OpenSea by enabling users to trade their NFTs for SOS. SOS Chain will be an EVM-compatible NFT trading experience with zero gas fees, likely akin to a layer-two scaling solution such as Immutable X. Finally, SOS plans to develop a bridge and a DEX on its SOS Chain to connect with other blockchains, facilitating the seamless migration of assets between blockchains. For further information about OpenDAO, please visit Eulerpool.

What is the Circulating Supply of OpenDAO (SOS) Coins?

The total supply of SOS stands at 100 trillion tokens, which were issued through a fair launch, ensuring no tokens were allocated to the founders. Of this supply, 50% was disseminated via airdrop. Additionally, 20% has been set aside for staking incentives, 20% allocated to the treasury, and the remaining 10% designated for liquidity pool incentives. Holders of the token have the opportunity to stake their airdropped tokens in exchange for veSOS. This provides them with full voting rights within the DAO, with veSOS acting as a governance token that auto-compounds until unstaked. The staking rewards are dispensed linearly over the course of one year.

In what ways is the OpenDAO network protected?

SOS was introduced as an ERC-20 token on the Ethereum platform. The project has yet to disclose details regarding its proposed SOSChain and its potential impact on the future of its token. Ethereum operates on a proof-of-work consensus mechanism, necessitating miners to produce new Ether. A network of decentralized nodes is responsible for validating transactions and ensuring the security of the Ethereum blockchain.

Where Can You Purchase OpenDAO (SOS)?

SOS is listed on OKEx, Uniswap V2, Huobi Global, KuCoin, and Bybit.

Investors interested in OpenDAO are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.