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Degen Distillery

DRINK

One of the world’s spirits brands at the intersection of AI & memetic IP.

Bond Details

  • Discount Rate: 20% to 10%
  • Vesting Duration: 10 days to 5 days
  • Start-End Time:
  • Refund Policy: Refundable within the sale period (14 May, 1 pm UTC) if no claims made.
  • Staking Requirement: According to the new Tier System
Sale ends in
Bond Size
32,000,000.00 DRINK
Current Price
N/A
Vesting
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Discounted Price
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Allocation
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Balance
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Bond Cost
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Bonded Tokens
0.00 DRINK

DRINK

Name
Degen Distillery
Symbol
DRINK
Address
0x2dc9...C6cB0x2dc90Fa3a0f178ba4beE16CAc5D6c9A5a7B4C6cB
View 0x2dc90Fa3a0f178ba4beE16CAc5D6c9A5a7B4C6cB on block explorer

Table of Contents

  • Introducing Degen Distillery
  • Highlights
  • Features && Products
  • Revenue Streams
  • Tokenomics & Token Utilities
  • Team
  • Investors & Partnerships
  • Disclaimer

Introducing Degen Distillery

Degen Distillery, in collaboration with Brewdog and Google, has co-created one of the world’s fastest-growing spirits brands. 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 and consumer crypto.

Highlights

  • Hosted 15 events with over 700,000 attendees.
  • Sold out two NFT collections.
  • Featured at 25 major music festivals this summer.
  • First bottle drop sold out in just 24 hours.
  • Secured major distribution deals across the UK, Europe, and the USA.
  • Team from Red Bull, Grey Goose, Jack Daniels & more
  • Partnered with Brewdog and Google.

Features && Products

  • 721 Vodka: Degen Distillery’s flagship premium spirit product.
  • TAP (Tokenized Affiliate Protocol): A platform that allows users to sell products and tokenize their sales contracts, enabling ownership and future revenue sharing.
  • Social Distribution Model: Empowers users to distribute Degen products globally and tokenize the resulting sales contracts.
  • RWA Integration: Sales contracts created through TAP are tokenized, blending real-world commerce with crypto.
  • Global Events and Community Building: Hosted large-scale events (15 events with over 700,000 attendees) to engage and grow the brand community.
  • NFT Collections: Successfully launched and sold out two NFT collections tied to the brand experience.

Revenue Streams

  • Sales of Physical Bottles: Core revenue generated by selling premium spirits (such as 721 Vodka) directly to consumers through events, venues, and grocery stores.
  • Transaction Fees via TAP (Tokenized Affiliate Protocol): Future revenue from charging transaction fees on sales contracts created through TAP — not only from Degen’s own products but also from other companies using the platform.

Tokenomics & Token Utilities

  • Token Ticker: $DRINK
  • Token Standard: ERC-20
  • Network: Base
  • Total Supply: 721,000,000
  • Exclusive Access: Holders of the $DRINK token are granted first-hand access to a curated selection of Degen Distillery’s premium spirits, merchandise, and unique experiences. Pre-sales of limited edition bottles are made exclusively in $DRINK.
  • Member Rewards: The token is a vehicle for rewarding engagement, allowing members to accrue benefits proportionate to their participation within the ecosystem.
  • Global Events Participation: Ownership of $DRINK tokens offers entry into a world of select events, providing opportunities for members to immerse themselves in the brand culture and connect with like-minded individuals globally.
  • Purchase of Tangible Products: Whether it’s at a Degen Distillery event, partner event, Degen Distillery venue, or partner venue, $DRINK allows you to purchase real beverages at real-life locations.
  • Access to Future Mints: Holding a specified amount of $DRINK grants members access to exclusive future mints.

Team

  • Sammy Verghese – Founder & CEO: Exited founder of a $30M revenue business; built a top 5 music venue in the UK, one of the fastest-growing events companies, and organized 20,000-capacity festivals.
  • Luke Robertson – Director of Web3 & Creative: Exited founder in prop trading, creative design, and e-commerce; creator and host of “Minted” on Rug Radio (Web3 Twitter/X Space).
  • Diego Borgo – Director of Brand: Formerly worked with adidas, Porsche, Salesforce, and more.
  • Dan Simmons – Director of Sales: Previous experience with Red Bull, Bacardi (Grey Goose, Patron, Bombay Sapphire, Martini), and Brown-Forman (Jack Daniels, Chambord).
  • Jordan Robinson – Director of Partnerships: Previous experience at KPMG, Deloitte, Yieldly, and Journee.
  • Alex Muresan – Director of Operations: Exited founder in the entertainment industry.
  • Rosie Swaffer – Head of Marketing: Previous marketing roles at MeatLiquor, Patty & Bun, and more.

Investors & Partnerships

Investors: Covey, AcquireFi, Aussie Capital, Unreal Capital, DWF Labs, Ape Terminal, Gemhead Capital, Rarestone Compass, GAINS Associates, XTream Capital, OSF, Zeneca, Hans Sundby, 220 KOLs + more

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