Degen (DEGEN) is a cryptocurrency built on the principles of meme culture but with practical utility, particularly in decentralised ecosystems. It serves as a reward token for content creators on Farcaster and powers the Degen Chain, a Layer 3 blockchain for community-driven DApps. Developed by Gentleman Labs, DEGEN supports a broad range of activities, including crowdfunding, gaming, and NFTs, underpinned by a robust and growing community.
