721Starter

Introducing the 721Starter:

The $SOS token was airdropped to all active NFT traders based on their volume traded on OpenSea.

SOS Power is calculated based on the $SOS, $veSOS (Staked $SOS), $SOS-WETH LP (Liquidity Providing), and OpenDAO Genesis NFT within a holder’s wallet.

Based on their individual SOS Power, OpenDAO community members will get a chance at a raffle for whitelist slots of top tier NFT projects. If you win a raffle, congratulations, you get a chance to whitelist mint, but you are not obligated to.

To remain fair, there will be a cooldown period after winning, to allow others to have a better chance at the next raffle. There are ways to reduce this cooldown period, such as holding the Genesis NFT.

In simple terms, the higher SOS Power = the higher the chance of a whitelist.

NFT projects automatically get a better chance to whitelist active participants of the NFT space, without having them jump through hoops and spend hours grinding.