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$Degen is a non-refundable functional utility token used in the Degens’ ecosystem. Between our community members, between the community and us, and beyond. The goal of adding $Degen into our ecosystem is simple, more value for our community and more flexibility to grow our brand. $Degen will also have a vital role to play in our upcoming marketplace, Agora.
We have seen a lot of so-called “utility” tokens, where the token goes to zero in little to no time due to projects being incapable of maintaining a consistent value for their token. As the quote goes, “a smart person learns from his mistakes, but a truly wise person learns from the mistakes of others.”
We have seen it too many times not to learn. Sometimes it’s useless utility, and other times flawed vesting schedules. Whatever the case in the past, we have seen it all and are here to build a proper token that will add an immense amount of value to our ecosystem.