The SudoSwap tokens are initially non-transferable but can be used to vote on governance decisions. By shauryamalwa
Popular non-fungible token marketplace Sudoswap on Monday issued and airdropped its sudo tokens to users based on predetermined criteria.
Airdrops are the unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses and are generally used as a tactic to gain users. SudoSwap allows users to instantly swap their NFTs for other tokens on the Ethereum blockchain. It locks over $3.7 million worth of token value as of Tuesday,Eligible for the airdrop were early liquidity providers on SudoSwap as well as holders of 0xmon NFTs, an NFT collection created by SudoSwap's founding team.
The sudo tokens are initially non-transferable but can be used to vote on governance decisions to determine SudoSwap's future development and ecosystem strategies, developers said.
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