Degen Distillery Price

Degen Distillery is a revolutionary cryptocurrency launched in 2024 on the Base blockchain platform. It aims to transform the spirits industry by combining blockchain technology with traditional distillery practices. Degen Distillery operates on a unique 'Tokenised Affiliate Protocol' that allows community members to sell products and tokenize sales contracts, creating a new asset class in the process. Key features of Degen Distillery: - Ticker symbol: DRINK - Current price: $0.00001117 - Market cap: $775.3 - Circulating supply: 69.4M DRINK - Total supply: 721M DRINK - All-time high: $0.02555 (reached on October 3, 2024) Degen Distillery has partnerships with major brands like Brewdog and Google, positioning itself at the intersection of consumer goods and cryptocurrency. It seeks to build a global community of innovators and risk-takers in the spirits industry. The project aims to bridge the gap between real-world assets (RWAs) and crypto, potentially revolutionizing how consumers interact with and invest in beverage brands. As of 2025-07-16, Degen Distillery ranks #7975 among all cryptocurrencies by market capitalization.

Degen Distillery was created on April 29, 2024. It was launched as a cryptocurrency on the Base platform, aiming to revolutionize the spirits industry through blockchain technology. Degen Distillery operates on an ERC20 token standard and has a total supply of 721,000,000 tokens. Since its inception, Degen Distillery has been working to create a new asset class by tokenizing sales contracts and allowing community members to participate in selling their products. The project's vision is to bridge the worlds of traditional spirits and cryptocurrency, fostering innovation in both sectors.

The founders of Degen Distillery are not publicly disclosed. Degen Distillery was launched in April 2024 as a collaborative project between Brewdog, Google, and a global community of innovators in the spirits industry. The project aims to revolutionize the liquor sector by leveraging blockchain technology and tokenization. While specific individuals are not named as founders, Degen Distillery operates on a community-driven model, allowing token holders to participate in the project's development and decision-making processes. The team behind Degen Distillery focuses on creating a decentralized ecosystem for the spirits industry, emphasizing transparency and community involvement rather than highlighting individual founders.

Degen Distillery operates on a unique 'Tokenised Affiliate Protocol' that revolutionizes the spirits industry. Here's how it works: 1. Community-driven sales: DRINK token holders can sell Degen Distillery products and earn rewards. 2. Tokenized sales contracts: Each sale is tokenized, creating a new asset class that combines real-world assets (RWAs) with cryptocurrency. 3. Decentralized distribution: This model allows for a global network of distributors without traditional intermediaries. 4. Smart contract automation: Sales, rewards, and token distribution are managed through smart contracts on the Base blockchain. 5. Limited supply: With a max supply of 721M DRINK tokens, DRINK maintains scarcity and potential value appreciation. 6. Liquidity provision: Token holders can provide liquidity to decentralized exchanges, earning additional rewards. 7. Governance: DRINK holders can participate in decision-making for the project's future development. This innovative system aims to disrupt traditional spirits distribution while creating new opportunities for crypto enthusiasts and spirits lovers alike.

Degen Distillery utilizes a unique technical architecture based on the ERC20 standard on the Base blockchain. Its core features include: 1. Tokenized Affiliate Protocol: A proprietary system allowing community members to sell Degen Distillery products and tokenize sales contracts. 2. Smart Contract Integration: Enables automated execution of affiliate rewards and contract tokenization. 3. Real-World Asset (RWA) Backing: Each DRINK token is backed by physical spirits inventory, creating a bridge between digital assets and tangible goods. 4. Decentralized Governance: Token holders can participate in key decisions regarding product development and business operations. 5. Interoperability: Built on Base, Degen Distillery can easily interact with other Ethereum-compatible networks and DeFi protocols. 6. Scalability Solutions: Leverages Base's layer 2 technology for faster and cheaper transactions compared to the Ethereum mainnet. This innovative architecture positions Degen Distillery at the forefront of consumer crypto and tokenized real-world assets, revolutionizing the spirits industry through blockchain technology.

The future and roadmap of Degen Distillery (DRINK) looks promising. In 2025, the project aims to expand its partnerships with major spirits brands and increase adoption of its tokenized affiliate protocol. By 2026, Degen Distillery plans to launch its own line of branded spirits and NFTs. Looking ahead to --, the team envisions Degen Distillery becoming a leading platform for tokenized real-world assets (RWAs) in the beverage industry. Their goal is to have over 100 partnered brands and 1 million active users by this time. Long-term projections for 2030 include Degen Distillery potentially disrupting traditional distribution models in the spirits industry through its decentralized approach. The team aims to capture a significant market share and establish Degen Distillery as a household name in both crypto and beverage circles. Price predictions suggest Degen Distillery could reach -- by 2026, -- by --, and potentially -- by 2030 if adoption and partnerships continue to grow as planned. Overall, Degen Distillery's innovative blend of blockchain technology and the spirits industry positions it uniquely for potential growth and disruption in the coming years.