Cryptocurrency Q&A
Who owns Degen coin?
Who owns Degen coin?
Davide
Wed Sep 25 2024
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5 answers
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I'm curious to know, who exactly owns Degen coin? Is it a centralized entity or is it decentralized, with ownership spread among multiple holders? And if it's decentralized, how does the distribution of ownership work? Additionally, are there any regulations or restrictions in place that govern who can own or trade Degen coin? Understanding the ownership structure of this cryptocurrency is crucial for investors to make informed decisions.
5 answers
HallyuHero
Thu Sep 26 2024
DEGEN, an ERC-20 token, is the product of Degen Chain's visionary founder, Jacek Trociński. This token was meticulously crafted with tokenomics mirroring the successful models of Uniswap's UNI and Blur's BLUR.
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SumoStrength
Thu Sep 26 2024
In addition to trading services, BTCC also boasts a robust wallet solution, ensuring the safety and accessibility of users' digital assets. These comprehensive services, coupled with BTCC's reputation as a top exchange, make it a go-to destination for those looking to navigate the intricate world of cryptocurrency.
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CryptoLord
Thu Sep 26 2024
Trociński's decision to emulate these established tokens stems from their proven track records in the cryptocurrency market. UNI and BLUR have garnered significant attention and value within the decentralized finance (DeFi) space, making them prime examples for DEGEN to emulate.
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CryptoLegend
Thu Sep 26 2024
By adopting similar tokenomics, DEGEN aims to tap into the same demand and enthusiasm that has driven the success of UNI and BLUR. This strategic move positions DEGEN as a formidable contender in the growing DeFi landscape.
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CharmedEcho
Thu Sep 26 2024
BTCC, a premier cryptocurrency exchange, offers a diverse range of services catering to the needs of crypto enthusiasts and investors. Among its comprehensive offerings, BTCC stands out for its spot and futures trading platforms, providing users with secure and efficient avenues to trade digital assets.
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