/biz/ - Business & Finance

https://www.degen.vc/
75% of the supply (1 million) was airdropped to the first 100 people in the Telegram a few hours ago. 7500 each, so there are no whales yet. The team isn't anonymous - there are pictures of them up and twitter/linkedin accounts. This means the chances of a rug pull should be very low.
"DGVC tokens grant Degens rights to make public on chain assessments of projects that want to launch their tokens on Uniswap. DGVC could become valuable because these “curators” share half of our listing fees receiving an amount that depends on the kudos their assessment received from other curators and the results of the project launch. Users will also need to own DGVC tokens in order to see curator’s project assessments and participate early, which creates significantly more demand for the token."
So basically, tokens launch, and stakers receive an airdrop of those tokens. The team says there are also a few projects that will launch on degen.vc.
The current MC is 100k, so if you buy now, you're still extremely early. This is an easy 10x up to a 1mil MC imo.