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What is Degen Distillery? Degen Distillery is a spirits brand that taps into Web3 technology to enhance the way consumers and communities engage with physical products. Their flagship product, 721 Vodka, is paired with their Tokenized Affiliate Protocol (TAP), which allows users to participate in a decentralized distribution network. By tokenizing sales contracts, users can take ownership of their sales and earn rewards. This model not only gives users a stake in the success of the product but also addresses the challenge of global distribution for physical goods. Degen Distillery has already sold out two NFT collections, reflecting high demand for their products. Their first bottle drop was a huge success also selling out in 24 hours. Key Features of Degen Distillery Degen Distillery is addressing multiple challenges in the spirits industry by leveraging blockchain technology and decentralized systems. Some of its standout features include: 721 Vodka: The first product in the Degen Distillery lineup, co-created with Brewdog. Social Distribution Platform (TAP): Users can become distributors themselves, earning commissions by selling Degen Distillery products through tokenized sales contracts. These contracts are stored on the blockchain, ensuring transparency and long-term ownership. Buyback & Burn Model: To align the community with the success of the brand, Degen Distillery will allocate 10% of its global spirits revenue to buy back and burn $DRINK tokens, enhancing the token’s scarcity and value.x
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Traders
7
Searched
28
Market Stats
Market Cap
$23.63K
FDV
$23.63K
Circ. Supply
190M DRINK
Max Supply
721M DRINK
Total Supply
721M DRINK
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$4.35K
-71.72%
Volume (7D)
$28.70K
Volume (30D)
$142.70K
All time high
$0.0199
Price Change (1Y)
-99.85%
DRINK vs markets
↘ 99.92%
DRINK vs BTC
↘ 99.92%
DRINK vs ETH
↘ 99.92%
Tags
food-beverage
Network | Address | |
---|---|---|
Base | 0x2dc90Fa3a0f178ba4beE16CAc5D6c9A5a7B4C6cB |
Time | Price | Change |
---|---|---|
Today | $0.000033 | ↘ 26.49% |
1 Day | $0.000045 | ↘ 26.49% |
1 Week | $0.00000615 | ↗ 437.83% |
1 Month | $0.000012 | ↗ 178.31% |
1 Year | $0.0225 | ↘ 99.85% |
The latest DRINK price is $0.000033. Compared to Degen Distillery's value of $0.00 from 24 hours ago, there's been a -26% decrease, while the current price is 438% up from $0.00 which was recorded one week ago. Degen Distillery's all time high is $0.0199, which was reached on October 5, 2024. This is a -100% change from its price today.
The current circulating supply of Degen Distillery is 190,082,827. This is 26% of its max supply of 721,000,000 DRINK and 26% of its total supply of 721,000,000. The market cap is currently $23.63K, which is a result of multiplying the current price of Degen Distillery($0.00) by the total supply(721,000,000 DRINK). The fully diluted valuation of Degen Distillery is $23.63K. The diluted valuation of Degen Distillery is $23.63K.
We update our Degen Distillery to USD currency in real-time. Get the live price of Degen Distillery on Coinbase.
The current market cap of Degen Distillery is $23.63K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Degen Distillery is $0.0199. This all-time high is highest price paid for Degen Distillery since it was launched.
Over the last 24 hours, the trading volume of Degen Distillery is $4.35K.
Assets that have a similar market cap to Degen Distillery include Ormeus Ecosystem, Mrweb Finance (new), Odin Protocol, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Degen Distillery is 190 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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