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, citizens, or persons located in the United Kingdom of Great Britain and Northern Ireland; (c) residents or citizens of Cuba, Iran, North Korea, Syria, Russia, Myanmar, or any other jurisdiction subject to comprehensive sanctions; (d) 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; (e) persons on any sanctions list maintained by the United Nations, European Union, United Kingdom, OFAC, or any other applicable sanctioning body; (f) 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 immediate account termination, forfeiture of tokens, and forfeiture of funds without recourse.
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.
DGN tokens are offered at a fixed price to be announced prior to sale. The total maximum supply is 1,000,000,000 (one billion) DGN. No additional tokens will ever be minted beyond the maximum supply. Allocation: 40% public ICO sale, 35% community (airdrops, rakeback, bonuses, NFT campaigns, creator deals, affiliates, and future community initiatives), 15% team (1-year cliff, 3-year linear vest), 10% foundation (operational costs, ecosystem partnerships, and protocol development). There are no private rounds, venture capital allocations, pre-seed rounds, advisory tokens, or insider pricing of any kind. Every participant pays the same price. Early bird participants who commit funds and confirm their allocation before the public sale opens receive a 10% discount on the token price. The early bird discount is applied automatically at the time of commitment and is reflected in the effective price and token allocation shown in the commitment confirmation. The early bird window closes at the Operator's sole discretion, with reasonable notice provided through the platform. Any unsold tokens from the ICO allocation at the close of the sale will be transferred to the treasury/operations allocation, subject to a 12-month lock and 24-month linear vest. The Operator reserves the right to close the sale early, extend it, or conduct subsequent sale rounds at the same or different price. There is no minimum raise threshold. The sale proceeds regardless of the amount raised.
Participants may choose from two lockup options at the time of commitment: (a) No lockup: 100% unlocked at TGE, full token price. (b) 1 to 24 month linear vest: discount scales linearly from 0% to 10% based on the chosen duration. The selected lockup period is irrevocable and cannot be changed, shortened, or extended after commitment. Tokens subject to lockup will be released linearly (pro rata) over the vesting period following TGE.
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.
A minimum of 50% of all net gaming revenue generated by the Degens platform across all games, currencies, and bet types is allocated to the buyback and burn of DGN tokens. The default allocation is 97% buyback and 3% operational expenses. The Operator may allocate up to 50% of net gaming revenue to platform growth, user acquisition, marketing, operational expenses, and other activities reasonably expected to increase platform volume and long-term token value. Any reduction below 97% will be disclosed in the Operator's periodic transparency reports. The Operator reserves the right to adjust the buyback allocation at its sole discretion based on market conditions, platform requirements, regulatory obligations, or strategic priorities. "Net gaming revenue" means gross gaming revenue minus player winnings, bonuses, and promotional costs. The buyback mechanism 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.
Deposits made to the ICO platform (degens.gg) are solely for the purpose of participating in the DGN token sale. ICO deposits are entirely separate from casino account balances on the Degens gaming platform (degens.gg). Funds deposited to the ICO cannot be used for gambling, wagering, or any casino activity. Funds deposited to the casino cannot be used for ICO participation. The two platforms operate independently with separate wallets, balances, and accounts. Deposits are accepted in ETH, BTC, SOL, USDT, USDC, BNB, LTC, DOGE, BCH, TRX, XRP, DAI, LINK, UNI, APE, SHIB, SAND, CRO, POL, TRUMP, and other cryptocurrencies via supported networks. Deposits are credited upon sufficient network confirmations. Sending unsupported tokens or using incorrect networks may result in permanent and irreversible loss of funds. The Operator is not responsible for funds sent to incorrect addresses, on unsupported networks, or in unsupported tokens. All transactions on the blockchain are final and irreversible by nature. Uncommitted funds may be withdrawn within 24 hours of request, subject to network fees. Committed funds cannot be withdrawn, refunded, reversed, or cancelled under any circumstances. All commitments are final and binding upon confirmation. There is no cooling-off period, no right of rescission, and no refund mechanism. By committing funds, you irrevocably acknowledge and accept the permanent finality of your commitment. The Operator has no obligation to return, refund, or compensate committed funds for any reason, including but not limited to: change of mind, market conditions, regulatory changes, platform changes, or any other circumstance.
Participants who opt in during the Sale may be eligible for the upcoming Degens NFT collection. NFT eligibility does not guarantee allocation and is subject to separate terms to be announced. Supply, pricing, benefits, and distribution mechanics will be disclosed prior to mint. NFT terms may be amended at any time at the Operator's sole discretion.
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). The Operator complies with applicable anti-money laundering (AML) and know-your-customer (KYC) requirements. The Operator reserves the right to: (a) Request identity verification from any participant at any time; (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.
THE SALE, THE DGN TOKEN, THE DEGENS PLATFORM, AND ALL RELATED SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY. THE OPERATOR EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO: IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. THE OPERATOR DOES NOT WARRANT THAT THE SALE OR THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE OPERATOR DOES NOT WARRANT THAT DGN TOKENS WILL HAVE OR MAINTAIN ANY PARTICULAR VALUE. YOU ACKNOWLEDGE THAT YOU ARE PARTICIPATING IN THE SALE ENTIRELY AT YOUR OWN RISK.
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.
BY PARTICIPATING IN THE SALE, YOU AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION. Class arbitrations, class actions, private attorney general actions, and consolidation with other arbitrations or proceedings are strictly prohibited. You waive any right to participate in any class action lawsuit, class-wide arbitration, or any other representative proceeding against the Operator. If this class action waiver is found to be unenforceable, then the entirety of the arbitration provision shall be null and void. This waiver is an essential term of these terms and the Sale.
You are solely responsible for determining what, if any, taxes apply to your participation in the Sale, your receipt of DGN tokens, any subsequent transfer or sale of DGN tokens, and any income or gains derived from holding or using DGN tokens. The Operator does not provide tax advice and makes no representations regarding the tax treatment of DGN tokens in any jurisdiction. You are solely responsible for reporting and paying all applicable taxes to the relevant tax authorities. The Operator may be required to report certain transactions to tax authorities and will comply with applicable reporting obligations.
The following activities are strictly prohibited in connection with the Sale and the DGN token: (a) market manipulation, including pump and dump schemes, wash trading, spoofing, or layering; (b) creating multiple accounts, wallets, or identities to circumvent participation limits or eligibility requirements (sybil attacks); (c) using bots, scripts, or automated tools to gain unfair advantage in the Sale; (d) any activity designed to artificially affect the price, volume, or market perception of DGN tokens; (e) front-running or insider trading based on non-public information; (f) coordinating with others to manipulate the Sale, the token price, or trading activity. The Operator reserves the right to investigate suspected violations and to take any action it deems appropriate, including account termination, forfeiture of tokens and funds, and referral to law enforcement. Violations may result in permanent loss of all deposited funds and allocated tokens without recourse.
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.
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.