DegenScore

The DegenScore Beacon is a soulbound token that highlights a user’s on-chain ability and skill. Projects can leverage the Beacon to find new, high quality users and reward them according to their on-chain reputation.

Degen Score is backed by an anonymous team, and it's unknown who has invested in the project. However, since it promotes the decentralized finance industry, it has caught the attention of many prominent figures in the crypto world, including Stani Kulechov, Sassal.eth, and Banteg. The project has launched its DegenScore NFT, which cannot be transferred. It serves as a kind of "degen" badge that you can earn by completing a long list of activities in DeFi projects and reaching 700 points. Degen Score actively forms partnerships with projects to provide benefits to NFT holders, including access to exclusive sales, whitelists, and various drops. The number of these partnerships is constantly growing. Therefore, to some extent, minting this NFT is a bet on its future prospects. When the active launch of new projects begins, it may potentially recoup all the costs of obtaining it. Currently, you need to spend 0.3-0.4 ETH to obtain it.