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WebsiteSeedify LaunchpadDegenPad Launchpad

Degen Distillery (DRINK)

IDO
Ongoing IDO
Token sale: Sep 19, 2024 – Sep 27, 2024

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.

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Overview

Project industryLayer-2 / Base Ecosystem / RWA (Real World Assets)
Product typeOrganization
FoundedUnited Kingdom
WhitepaperDegen Distillery White Paper Open

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.

Details

IDO (Seedify Launchpad): Sep 25, 2024 - Sep 27, 2024
IDO (DegenPad Launchpad): Sep 19, 2024 - Sep 23, 2024
Token supply: 721,000,000 DRINK
Total tokens for sale: 207,648,000 DRINK
Hard cap: 2,536,983 USD

Legal

Blockchain Platform: Base Network
Registration year: 2022

Token info

Ticker: DRINK
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 DRINK = 0.018 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%

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

Project team

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

Social media

Degen Distillery web-siteDegen DistilleryYouTubeDegen Distillery TelegramDegen Distillery InstagramDegen Distillery LinkedInDegen Distillery X (Twitter)Degen Distillery Discord

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