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OpenDAO calls itself “the token of the metaverse” and aims to become a central asset for the metaverse and Web3, in a similar fashion as stablecoins like USDC. OpenDAO launched its SOS token on Christmas Day 2021 via an airdrop to all users that had bought, sold or traded NFTs on marketplace OpenSea. The declared goal was to create a way to pay tribute to the NFT creators, collectors and marketplaces and nurture the NFT ecosystem.

OpenDAO aims to build utility for its token by allowing users to mint NFTs with SOS, trade NFTs for SOS on permissionless marketplaces and implement it in games and projects as a governance token.

OpenDAO

Pitbull (PIT) is a community-driven, dog-themed meme coin on Binance Smart Chain (BSC). It prides itself on community development and claims to be a “unique social experiment” by engaging investors in the development of the community, as well as in the project itself. Pitbull rewards its investors through an auto-staking mechanism, which guarantees passive yield by rewarding token holders with fees from transactions that are conducted in PIT.

Pitbull promises a highly ambitious roadmap for a meme coin, which includes:

Launching on several blockchains, including Ethereum (ETH), Polygon (MATIC), Kucoin (KCS), and Cardano (ADA).

A Pitbull magazine called PitMag

Pitbull non-fungible token (NFT) collections and collaborations

A Pitbull play-to-earn game

A Pitbull Metaverse

Thus far, Pitbull has managed to collect 100,000 followers on Twitter and over 40,000 on its official Telegram channel, which is an impressive feat considering the token was only launched in March 2021.

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