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What is SOS (SOS)?
OpenDao is a decentralized autonomous organization (DAO) that supports artists and their original work in the NFT space. The native utility and governance token for the OpenDAO is called SOS.
OpenDAO was created to replace OpenSea, a digital marketplace for crypto collectibles and non-fungible tokens (NFTs). OpenDAO aims to compensate victims who were scammed on OpenSEA with SOS tokens. Furthermore, SOS tokens will be used to support NFT communities and emerging artists, art preservation, and supplementing the OpenDAO ecosystem with grants for developers.
SOS FAQ
- Cryptocurrencies, such as SOS, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
- Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as SOS have been created as well.
- Check out our SOS price prediction page to forecast future prices and determine your price targets.