Degen

🎩🔮 LAUNCH 🔮🎩

Starting today, $DEGEN will power @perl ’s pay-to-play mode. 

🎩 Deposit $DEGEN to buy $PERL & up your skin in the game

💰Withdraw your $PERL in $DEGEN, or /cheesecoin (coming soon)

We are backed by:
@balajis.eth , @dwr.eth , NIV, SPC + more

⬇️ Join us ⬇️

perl.xyz

love seeing $degen being used to bootstrap engagement and initial liquidity for early stage projects. @perl, @drakula, what's next?! 🎩

perl.xyz is your onchain social arcade, powered by $DEGEN. Join the discussion at /perl

Base memecoin season is here. Download /drakula on the App Store: apple.co/3N8hRmi

doing consumer crypto things /blocktower,  big /snackcaster nf.td/winnie 

it's the purest form of collaboration 🤝

Founders

Investing @variant, writing at https://backoftheenvelope.substack.com/

$degen sticks out as interesting to me. Accomplishes a lot of the same things a normal token would - bootstraps engagement, rewards early users, etc. - yet clearly has no relationship to the success of farcaster and gives people something to speculate on.

Wrote about this a little while back. I think we will see more ecosystems and applications bootstrapping this way.

Wrote about this a little while back. I think we will see more ecosystems and applications bootstrapping this way.
https://warpcast.com/daniel/0x047418e0