Last updated: March 2026
The Degens Genesis ICO ("Sale") is a fixed-price public token sale operated by High Score Limited ("Operator"), registration number 15613, incorporated under the laws of the Union of Comoros. By participating in the Sale, you agree to these terms in full. DGN is a utility token designed to function within the Degens gaming ecosystem. DGN is not a security, equity, share, debt instrument, or investment contract. Participation in the Sale does not confer any ownership interest, dividend rights, profit-sharing rights, voting rights, or governance rights in the Operator or any affiliated entity.
Participants must be at least 18 years of age (or the age of majority in their jurisdiction) and comply with all applicable local, state, national, and international laws. The Sale is NOT available to: (a) residents, citizens, or persons located in the United States of America, its territories, or possessions; (b) residents or citizens of any jurisdiction where participation in token sales, cryptocurrency transactions, or online gambling is prohibited, restricted, or requires licensing that the Operator does not hold; (c) persons on any sanctions list maintained by the United Nations, European Union, United Kingdom, or any other applicable sanctioning body; (d) politically exposed persons (PEPs) without enhanced due diligence clearance. It is solely your responsibility to determine whether your participation is lawful. The Operator performs no legal analysis on your behalf. VPN usage to circumvent geographical restrictions is expressly prohibited and may result in forfeiture of tokens and funds.
DGN tokens are utility tokens. They are not securities, investment contracts, or financial instruments under the laws of any jurisdiction. The Sale has not been registered with, approved by, or reviewed by the U.S. Securities and Exchange Commission (SEC), the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or any other securities regulatory authority. No regulatory body has passed upon the merits of participating in the Sale or the accuracy of any materials provided. Any representation to the contrary is unlawful.
The per-token price will be set and published prior to the Token Generation Event. The total maximum supply is 1,000,000,000 (one billion) DGN. No additional tokens will ever be minted beyond the maximum supply. Allocation: 31% airdrop & player rewards (310,000,000 tokens), 16% public ICO sale (160,000,000 tokens), 14% liquidity, locked (140,000,000 tokens), 12% team (120,000,000 tokens; 1-year cliff, 3-year linear vest), 9% ecosystem & affiliates (90,000,000 tokens), 8% treasury/operations (80,000,000 tokens), 5% buyback seed (50,000,000 tokens), 5% NFT holders (50,000,000 tokens). There are no private rounds, venture capital allocations, pre-seed rounds, advisory tokens, or insider pricing of any kind. Every participant pays the same per-token price; there are no volume discounts or preferential pricing.
All participants in the public Sale receive tokens at the same per-token price, set and published prior to the Token Generation Event. There are no optional lockups, volume discounts, private rounds, or preferential pricing of any kind. Insider allocations (team, treasury, and ecosystem) and protocol liquidity are subject to the vesting and lock-up schedules described in the whitepaper and do not alter the price paid by Sale participants.
DGN tokens will be distributed to participants' designated wallets at the Token Generation Event. The Operator will announce the TGE date with reasonable advance notice. The Operator reserves the right to delay, reschedule, or modify the TGE timeline due to: market conditions, regulatory developments, technical requirements, security audits, or force majeure events. No liability attaches to any delay.
97% of the Degens platform's net revenue across all games, currencies, and bet types is allocated to the buyback and burn of DGN tokens, and 3% is retained. "Net revenue" means gross gaming revenue (total wagers minus player winnings) after game-provider fees and the bankroll reserve; the platform's overhead, marketing, and player rewards are funded from the token allocations and the proceeds of the Sale, not from gaming revenue. This allocation is the Operator's current policy and may be changed at the Operator's sole discretion, with reasonable notice through the platform. The buyback operates continuously and automatically; burned tokens are permanently removed from circulation. The Operator makes no guarantees regarding the frequency, volume, or price impact of buyback operations, or that any particular allocation will be maintained.
Deposits are accepted in ETH, BTC, SOL, USDT, USDC, BNB, AVAX, and MATIC via supported networks. Deposits are credited upon sufficient network confirmations. Sending unsupported tokens or using incorrect networks may result in permanent loss of funds. Uncommitted funds may be withdrawn within 24 hours of request, subject to network fees. Committed funds cannot be withdrawn, refunded, or reversed under any circumstances. All commitments are final. There is no cooling-off period. Participants acknowledge and accept the finality of their commitment.
The Genesis NFT is not separately sold. It is the founding badge of the Degens Owners Club, allocated to founding members based on early participation (10,000 supply, one per founding owner). Eligibility does not guarantee allocation and is subject to separate terms. Each Genesis NFT carries an allocation of 5,000 DGN tokens (vested) and lifetime VIP status on the platform. NFT terms may be finalised or amended prior to the Token Generation Event.
Participation in the Sale involves substantial risk of loss. You should carefully consider the following risks before participating: (a) Token value may decline to zero; (b) There is no guarantee of exchange listings, secondary market liquidity, or market-making support; (c) Regulatory changes in any jurisdiction may adversely affect the utility, transferability, or value of DGN tokens; (d) Smart contract vulnerabilities, hacks, exploits, or technical failures may result in loss of tokens or funds; (e) The Degens platform may fail to achieve commercial success, user adoption, or revenue targets; (f) The buyback mechanism depends on platform revenue. If revenue is zero, buyback is zero; (g) Past performance of comparable tokens (including Hyperliquid, Shuffle, Rollbit) is not indicative of DGN's future performance; (h) The crypto market is highly volatile and subject to manipulation, flash crashes, and external shocks; (i) You may be unable to sell or transfer your tokens for an extended period; (j) Tax treatment of tokens varies by jurisdiction and may result in unexpected tax liabilities. You should only participate with funds you can afford to lose entirely.
Nothing in this Sale, on the Degens platform, in any communications, marketing materials, social media posts, or third-party content constitutes investment advice, financial advice, legal advice, tax advice, or any other form of professional advice. All price projections, market comparisons, revenue scenarios, and growth estimates are hypothetical illustrations only. The Operator makes no representations, warranties, or guarantees regarding: token price appreciation, exchange listings, platform revenue, user growth, market conditions, or return on participation. Any decision to participate is made entirely at your own risk and based on your own independent assessment.
The Operator holds a gaming license issued by the Government of the Autonomous Island of Anjouan, Union of Comoros (License No. ALSI-042603120-FI2). Participation in the Sale does not require KYC or identity verification; eligibility is confirmed by self-attestation. The Operator reserves the right, only where required by applicable law or a binding legal order, to: (a) request identity verification from a participant; (b) refuse, suspend, or terminate participation from any jurisdiction; (c) freeze or seize funds or tokens if required by law, regulation, or court order; (d) report suspicious activity to relevant authorities. The Operator's gaming license does not constitute approval of the token sale by any regulatory body.
All content, branding, code, design, and materials associated with Degens and the Sale are the exclusive property of the Operator. DGN token ownership does not grant any license, right, or interest in the Operator's intellectual property. Unauthorized use, reproduction, or distribution is prohibited.
To the maximum extent permitted by applicable law, the Operator, its directors, officers, employees, agents, affiliates, and contractors shall not be liable for any direct, indirect, incidental, special, consequential, exemplary, or punitive damages arising from or related to: (a) Your participation or inability to participate in the Sale; (b) Use of or inability to use the Degens platform; (c) Ownership, transfer, or loss of DGN tokens; (d) Any unauthorized access to or alteration of your data or tokens; (e) Any third-party conduct or content; (f) Market conditions, regulatory changes, or force majeure events. In no event shall the Operator's total aggregate liability exceed the amount paid by you in the Sale.
You agree to indemnify, defend, and hold harmless the Operator and its affiliates from and against any claims, liabilities, damages, losses, costs, or expenses (including reasonable legal fees) arising from: (a) Your breach of these terms; (b) Your violation of any applicable law or regulation; (c) Your misrepresentation of eligibility or jurisdiction; (d) Any dispute between you and a third party relating to DGN tokens.
The Operator collects and processes personal data in accordance with its Privacy Policy. By participating, you consent to the collection, storage, and processing of your personal data for the purposes of administering the Sale, complying with regulatory requirements, and improving the platform. Data may be shared with third-party service providers, regulators, and law enforcement as required.
The Operator reserves the right to amend these terms at any time. Material changes will be communicated through the platform with reasonable notice. Continued participation after amendments constitutes acceptance. If any provision of these terms is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
These terms are governed by and construed in accordance with the laws of the Union of Comoros. Any dispute arising from or relating to these terms or the Sale shall be resolved through binding arbitration administered in Moroni, Union of Comoros. The language of arbitration shall be English. Each party shall bear its own costs. The arbitrator's decision shall be final and binding. You waive any right to participate in a class action or class-wide arbitration.
The Operator shall not be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to: natural disasters, wars, terrorism, pandemics, government actions, regulatory changes, network failures, blockchain congestion, smart contract failures, or third-party service outages.
These terms, together with the Privacy Policy and any other documents expressly incorporated by reference, constitute the entire agreement between you and the Operator regarding the Sale. No oral or written statement by any representative of the Operator shall modify or supplement these terms unless made in writing and signed by an authorized officer.
For questions, concerns, or disputes regarding these terms or the Sale: support@degens.gg. High Score Limited, Registration No. 15613, Hamchaku, Mutsamudu, Autonomous Island of Anjouan, Union of Comoros.
