Why should I buy and pool DGVC?
When you buy and pool DGVC, you automatically become eligible for #alphadrops. These are what we call airdrops. Our #alphadrops are projects that are developed by either ourselves or other project teams and with the goal of ensuring that quality, authentic teams and technologies rise.
Who is behind Degen.VC and why?
When Fraser Brown an Irish Olympian turned entrepreneur and Paul Scott a blockchain specialist and former bank treasurer from South Africa met in mid 2018 they shared an acute disappointment that the promise of token generation via smart contract, or “ICO”, had failed to put the opportunity of capitalizing on early-stage investing into the hands of “Average Joe and Jill”. After a number of attempts to bring their ideas to market, the launch of $MEME in August 2020 by Uniswap airdrop was identified by the team as the perfect launch mechanism to come to market, and after its own successful airdrop Degen.VC was born.
How does Degen.VC take back Alpha from the VC’s?
In 2018, venture capital capitalised on the void created by ICO’s frauds and foolhardiness. There were two main reasons that this was able to happen: there were no ICO buyers anymore and VC was equipped to filter out the scams and back the best projects. The team believe that the exploding interest in AMM’s like Uniswap has resulted in renewed appetite to take good technologies back from VC ownership and control, and into the hands of the decentralized community.
This is our goal - to continue creating opportunities for individuals will all manner of budgets to back great teams and technologies at the very earliest possible stage.
What is Degen Labs?
Degen Labs was set up to allow the team to fast track projects that our community wants to launch. We do this via our Discord co-creation channels, which are a form of “Citadel DAO” These co-creation channels are only open to the DGVC LP and are great spaces where the community can discuss and help design the best-fit set of economic levers to ensure that projects launched are a combination of what the community and market demand, and those which have the best chance to be successful.
For example - in the coming weeks and months we could see a new DeFi project announce it’s raft of big name investors only for a competing project to launch days later with Degen.VC using DAO governance and leveraging the backing of a vast crowd rather than a handful of VC’s and elites.