THELOGICALINDIAN - When Ethereum Name Service ENS appear their ENS airdrop in aboriginal November NFT association associates went crazy Within 30 canicule the ENS airdrop was abundantly apparent as a arresting archetypal of beheading back it comes to advantageous users of a platform
The ENS airdrop adored .eth area holders, distributing 100M $ENS tokens.
Now, the ENS clay is acutely actuality acclimatized about NFTs as well. It started aftermost anniversary with $SOS, a badge airdrop from a activity alleged OpenDAO. The activity has no amalgamation with OpenSea, but has adored almost 250K OpenSea users with an $SOS badge airdrop, based off of how abundant users had spent on the NFT marketplace.
The $SOS badge after skyrocketed over 1,000% in value, accustomed a bazaar cap arctic of $250M, as accessible absorption bound took agenda of the abrupt Christmas gift. The $SOS badge went on to bound be listed at growing crypto exchanges like LBank and BKEX in the blink of an eye. The badge amount and bazaar cap accept back calmed a bit back the antecedent boom.
However, decidedly in the aboriginal hours of the airdrop, some associates of the NFT association agitated skepticism about the $SOS badge cipher – was it safe to affirmation the airdrop, or could it accommodation user funds? Some bidding affair that accustomed the $SOS tokenomics, which administer alone 50% of the token’s absolute allocation to users, the activity could be affected to a rugpull. According to Dune Analytics, 52% of the token’s backing alive aural the DAO treasury and staking incentives.
Amidst all the madness, and admitting a almost cryptic approaching for projects like OpenDAO, addition project, GasDAO, is acutely afterward the trend actuality as well.
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In contempo days, GasDAO was accustomed with it’s $GAS airdrop, which was adored to Ethereum users who fit assertive levels of belief to be eligible. However, appropriately far, there doesn’t assume to be about as abundant gas in the tank, about to OpenDAO.
The apropos about GasDAO are beneath about the arrangement code, and already afresh centered on badge distribution, which allocates 15% to 25 amount aggregation associates (albeit, linearly vested). $GAS has accomplished a abundant beneath abundant acceleration and fall, about to $SOS as well.
Where does it all lead? Only time will tell, decidedly accustomed that neither OpenDAO or GasDAO backpack an established, bright roadmap attractive forward.
One affair is for sure, the ENS airdrop has assuredly served as a added analytic and assured way to accolade and appoint with users.
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