On March 12, 2024, a crowd created a spirits brand. Degen Distillery has sold out of its latest Origo The collection has a minimum price of 0.19 eth on Mintify, the secondary market for Burst and has been trending for the last 24 hours at the time of writing this article.
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The new Origo Members who were whitelisted and received at least one of the 1,500 nfts would be eligible for a number of benefits, such as a guaranteed token airdrop for their upcoming native cryptocurrency token $DRINK, as well as access to a series of events digital and physical, exclusive. products through its partners and more.
The company has partnered with $2 billion brewery Brewdog, gaining access to its extensive global distribution network, retail accounts and more.
The collection was a success and a major milestone for the company, as its price jumped quickly after the sell-out, with prices on the Mintify secondary market reaching over 42 eth in the first 24 hours of minting. The trading volume and minimum price also increased to approximately 0.19 eth, or approximately $769 at the time of writing, the day after minting.
“Owners of the Origo x collection will also be eligible for exclusive rights reserved. Degen Distillery token launches in the coming months.” said Sammy Verghese, CEO and founder of Degen Distillery. “It has been a great pleasure for our team to see the Incredible success and community support.” Sammy added.
With a major focus on utilizing its first-of-its-kind nfts, Degen Distillery aims to launch its entire ecosystem in the coming months.
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