## What Is DGEN?
DGEN is an ERC-20 governance and utility token launched by the Degen DAO. DGEN is used to exert control over the Degen DAO and the assets it holds, including the Degen DAO treasury (which can be used to incentivize community builders and bring awareness to the community).
DGEN is also incorporated in the Knight of Degen, Inc.’s (a.k.a., “KOD”) decentralized sports and entertainment community and powers tournaments, fantasy games, and other contests on the KOD platform via the KOD mobile and web apps.
## What is the Degen DAO?
The Degen DAO is a decentralized ecosystem of web3 sports and competitive entertainment products built for a global community of fans.
## Mission Statement
The Degen DAO is building a community-led Sports and Entertainment ecosystem where fans come to celebrate sports, action, and competition with friends and fans around the world. All of the applications and products developed for the Degen DAO ecosystem are connected in their mission of innovating on-chain for communal sports fandom and in-game action, creating new experiences and opportunities, elevating the sports they love.
## Community
The launch of the Degen DAO establishes a framework by which the community adjacent to the Knights of Degen, Inc.’s platform can build alongside the core contributors and receive rewards in DGEN for developing key parts of the ecosystem (e.g., guilds and sub-DAOs, bounties, quests).
## Knights of Degen Inc.
Knights of Degen Inc. is a web3 sports entertainment and gaming company, dedicated to building innovative games and intellectual property that leverage blockchain technology to unlock innovative experiences that align with the core mission of the Knights of Degen ecosystem and the Degen DAO.
## Where Can I Learn More About DGEN?
Whitepaper: https://medium.com/knights-of-degen/knights-of-degen-whitepaper-7f00b405672a
Purple Paper: https://knightsofdegen.gitbook.io/the-purple-paper/introduction/the-knights-of-degen
Where is DGEN available for purchase?
You can exchange DGEN tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading DGEN is Uniswap V3 (Ethereum), notably the DGEN/WETH pair, which saw a trading volume of $ 129.93 in the past day. Additionally, Sushiswap V3 (Polygon) is popular alternative for trading tokens.
What is the highest value DGEN (DGEN) has ever reached?
DGEN (DGEN) reached its peak price at 0.01262 $ on 11 April 2024, approximately a year ago ago. Presently, the current price is -81.8% lower than this all-time high.
What is the historical minimum price for DGEN (DGEN)?
The minimum price reached for DGEN (DGEN) was 0.05614 $, documented on 26 April 2024, more than a year ago. In comparison, the current price is 37,309.77%, it above this historical low.
What is the fully diluted valuation of DGEN (DGEN)?
The fully diluted valuation (FDV) of DGEN (DGEN) stands at $ 1,91 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 DGEN tokens. The realization of this FDV might take several years depending on the emission schedule of DGEN tokens.
How to add DGEN (DGEN) to MetaMask?
By integrating DGEN (DGEN) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import DGEN as a token. You can either manually import DGEN by copying its contract address (0x45f93404ae1e4f0411a7f42bc6a5dc395792738d) or use MetaMask's Chrome extension to add DGEN with a single click through P.CASH.
How to add DGEN (DGEN) to TrustWallet?
Incorporating DGEN (DGEN) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include DGEN, you can either manually import it using the contract address (0x45f93404ae1e4f0411a7f42bc6a5dc395792738d) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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