Degen Distillery logo

Degen Distillery (DRINK)

Website
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Status
IEO
IDO

Degen Distillery is the one of the world’s spirits brands, has co-created in collaboration with Brewdog and Google. By tapping into a global community of risk-takers, innovators, and disruptors, Degen Distillery is leading the charge through a groundbreaking concept known as social distribution. This visionary approach is also shaping the future of Real World Assets (RWAs) and consumer crypto.

Degen Distillery White Paper Whitepaper

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Interest lvl
Medium
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User Rating
High
4/5 2 votes
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Ticker
DRINK
Type
Utility-token
Token standard
ERC-20
FoundedUnited Kingdom
Registration year2022

What is Degen Distillery

Degen Distillery is revolutionising the spirits industry with the concept of Social Distribution, a
disruptive marketing model that the Company enhances with the smart contracts and digital assets
of blockchain ledgers. This innovative approach will use the innovative TAP System to overcome
many of the barriers that distilleries face today in the multi-billion dollar market.

The Tokenised Affiliate Protocol System will be a partially decentralised application for the
tokenisation of sales contracts in Ambassador wallets, creating a new form of RWA crypto asset
with peer-to-peer trading of tokenised revenue streams. Following the initial launch of Degen
Distillery, the TAP System has potential in many sectors beyond the spirits industry, with
integration of third-party products and B2B services allowing the protocol to disrupt sales
operations on a global scale.

Combined with a range of community-driven products, a uniquely collective corporate ethos and
an ecosystem of wealth generation opportunities for a network of brand Ambassadors, the Degen
model is expected to drive brand growth, loyalty, scalability and enhanced customer engagement.

Degen Distillery Roadmap

1
Q1 2023
  • Project conception
  • and business
  • planning of
  • Distillery & TAP
2
Q3 2023
  • Launch initial NFTs
  • and products to
  • engage Minimum
  • Viable Community
3
Q1-Q3 2024
  • Expand community
  • by launching Drink
  • Token and inaugural
  • product 721 Vodka
4
Q4 2024
  • Launch secondary
  • NFT collection to
  • expand, open TAP for
  • Degen community

Token Sale Dates

IDO

Start date: Sep 19, 2024
End date: Sep 23, 2024

IDO

Start date: Sep 25, 2024
End date: Sep 27, 2024

IEO

Start date: Sep 30, 2024
End date: Oct 02, 2024

IDO

Start date: Sep 30, 2024
End date: Oct 01, 2024

Token Allocation

Total Token Supply 721,000,000 DRINK
Total Tokens for Sale 207,648,000 DRINK

Funding Details

Hard Cap 2,536,983 USD

Token distribution


Private 1 - 15.00%
Private 2 - 4.50%
Strategic - 3.91%
Public - 5.39%
Team - 15.00%
Advisors - 5.00%
Ecosystem - 14.00%
NFT Holders - 3.24%
Liquidity - 10.00%
Reserve - 5.16%
Marketing - 8.00%
Treasury - 10.80%

Token Price and Payment Options

Token price USD 1 DRINK = 0.018 USD

Project team

Sammy Verghese
Sammy Verghese
Founder & CEO
Sammy Verghese linkedin-team
Luke Robertson
Luke Robertson
Director of Web3 & Creative
Luke Robertson linkedin-team
Diego Borgo
Diego Borgo
Director of Brand
Diego Borgo linkedin-team
Dan Simmons
Dan Simmons
Director of Sales
Dan Simmons linkedin-team
Jordan Robinson
Jordan Robinson
Director of Partnerships
Jordan Robinson linkedin-team
Alexandru Muresan
Alexandru Muresan
Director of Operations
Alexandru Muresan linkedin-team
Rosie Swaffer
Rosie Swaffer
Head of Marketing
Rosie Swaffer linkedin-team
Anthony Lilleyman
Anthony Lilleyman
Director of Finance
Anthony Lilleyman linkedin-team

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