The Opendao (SOS $) team announced the upcoming release of a new project, AI Dao Network, Tokens (AOS $)
According to official news, the Opendao team announced that it is about to release a new project, AI Dao Network, with AOS $tokens and a total of 10 billion pieces. SOS holders can receive AOS air drops at 10000:1 after the first block snapshot after 00:00 World Standard World on March 28, 2023.
Interpretation of this information:
The message declares that the Opendao team will soon release the AI Dao Network, which will use AOS tokens, and there will be 10 billion of them in circulation. The SOS holders can receive air drops of AOS tokens at a ratio of 10000:1 after the first block snapshot after 00:00 on March 28, 2023, which is the World Standard Time.
Opendao team’s announcement indicates that they are preparing to launch a new project named AI Dao Network. It’s unclear what the purpose of this new network will be or what specific tasks it will integrate into its operation. However, one can presume that given the name, it will almost certainly involve the use of Artificial Intelligence (AI) in some form. This may suggest that this new system will be designed to advance the exploration, development, and deployment of AI in various applications.
The message announcement also makes mention of AOS tokens, which will be the native currency used on the AI Dao Network. They plan to issue 10 billion AOS tokens, which will be the total number of AOS tokens available. It is not clear from the message how much each token will be worth or how they plan to distribute them. Still, it’s reasonable to expect that more details regarding these questions will emerge as the launch date approaches.
Lastly, the announcement makes it clear that SOS holders can receive AOS air drops at a ratio of 10000:1 after the first block snapshot after 00:00 on March 28, 2023, which is the World Standard Time. This statement implies that SOS token holders will be eligible to get a part of the 10 billion AOS tokens available depending on the number of SOS tokens they hold. Nonetheless, the snapshot method seems arbitrary, and it will likely cause some confusion among those hoping to receive these air drops. It’s also unclear who will qualify to receive these token air drops, but it appears that SOS holders who meet some threshold will be entitled to them.
In conclusion, the Opendao team’s announcement indicates that they’re about to launch a new AI-focused network called the AI Dao Network. They plan to use AOS tokens on this new system, and there will be 10 billion of these tokens available. SOS holders will be eligible to receive AOS air drops at a ratio of 10000:1 after a specific snapshot is taken on March 28, 2023, at 00:00 World Standard Time.
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