DegenScore
DegenScore is a Web3 infrastructure project that issues the DegenScore Beacon, a soulbound ERC-1155 token on Ethereum mainnet storing on-chain trading scores and skill traits for crypto and DeFi users.
- Company typePrivate
- Founded-
- HeadquartersWashington, United States
- Headcount—
- GTM typeB2C
- OfferingSoftware
What DegenScore does
DegenScore is a Web3 infrastructure project that issues the DegenScore Beacon, a soulbound (non-transferable) ERC-1155 token deployed on Ethereum mainnet. The Beacon stores a user's "DegenScore" — an on-chain measure of trading and DeFi activity — alongside traits reflecting the holder's Web3 skills and abilities. It serves crypto traders, NFT users, and active DeFi participants who want a verifiable, blockchain-native reputation credential. The project is private, headquartered in Washington, US, and has accumulated 3,836 Beacon holders per Etherscan.
The technical stack is built on Solidity v0.8.2+ using OpenZeppelin's upgradeable contract libraries (ERC1155Upgradeable, OwnableUpgradeable, PausableUpgradeable, ECDSAUpgradeable) and deployed via the TransparentUpgradeableProxy / ERC1967Proxy pattern. The proxy contract sits at 0x0521fa0b...bf20fbdaa with the implementation at 0x76699672...A2490C064; proxy upgrades were executed in November 2022. The codebase is open-sourced on GitHub, and the project maintains community channels on Twitter (X) and Telegram.
The revenue model is not publicly disclosed. Because the Beacon is soulbound, there are no secondary transfer or trading fees. Distribution is fully self-serve — users claim tokens directly through the Ethereum smart contract — and no pricing, subscription, token-sale, or monetization mechanism is documented. No funding rounds, management team, institutional investors, parent entity, or subsidiary structure are present in the available source data, and the company's operating geographies and headcount are likewise unspecified.
DegenScore firmographics
Firmographics- Name
- DegenScore
- Website
- https://degenscore.com
- Company type
- Private
- Operating status
- Operating
- Short description
- DegenScore is a Web3 infrastructure project that issues the DegenScore Beacon, a soulbound ERC-1155 token on Ethereum mainnet storing on-chain trading scores and skill traits for crypto and DeFi users.
- Ownership category
- akta.pro rank
DegenScore industry classification
Industry- Product category
- On-chain Reputation Infrastructure
- SIC
- Finance Services (6199)
- akta.pro primary industry
- On-Chain Reputation, Identity & Attestation for Governance (DID, badges, sybil resistance) (FSAPAHAF)
Keywords
Where DegenScore is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Markets served
DegenScore business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Unclear / Not Disclosed: The revenue model for DegenScore is not explicitly disclosed in the available source data. The Beacon token appears to be distributed as a soulbound NFT airdrop to users based on their on-chain activity. Future monetization strategies are not specified.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
DegenScore product offering
Product offeringCore offering
DegenScore issues the DegenScore Beacon (BEACON), a soulbound (non-transferable) ERC-1155 token on the Ethereum mainnet that stores each user's DegenScore and other traits representing their on-chain skills and abilities. The token is designed to function as a persistent, on-chain identity and reputation credential for Web3 users, particularly those active in DeFi trading and NFT ecosystems. Distribution is conducted through a self-serve model in which users claim the Beacon directly from the smart contract without intermediary gatekeepers.
Product overview
DegenScore offers a single core product: the DegenScore Beacon, a soulbound ERC-1155 token that tracks and stores a user's DegenScore and on-chain skills and abilities. The token is non-transferable (soulbound) and serves as an on-chain identity credential representing a user's Web3 activities and skill profile.
Differentiator
Problem solved
Functional benefit
Products and services
- DegenScore Beacon (BEACON)
Companies that use DegenScore
Customer profileSegments1 record
Ideal customer profiles1 record
DegenScore technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
DegenScore partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights2 records
DegenScore competitors and assessment
Company assessmentDirect peers
- Farcaster: Farcaster is a decentralized social network built on on-chain identity (Warps/casts) and addresses the same problem of portable, verifiable Web3 reputation. It competes in the same identity-primitive layer as DegenScore.
- Galxe: Galxe (formerly Project Galaxy) issues on-chain credentials and reputation badges used by Web3 projects for airdrops and user segmentation. Like DegenScore, it leverages soulbound token infrastructure to track and store user reputation.
- Lens Protocol: Lens Protocol is a decentralized social graph on-chain that issues soulbound profile and follow NFTs. It addresses the same on-chain identity/reputation layer as DegenScore, with a strong focus on portable reputation.
- Gitcoin Passport: Gitcoin Passport aggregates on-chain attestations and behavioral credentials (similar to DegenScore's soulbound Beacon) to provide sybil-resistant identity for DAO governance and quadratic funding. Both target Web3 users building verifiable on-chain reputation.
Broad incumbents
- Ethereum Name Service (ENS): ENS provides human-readable on-chain identity (address-to-name mapping) and is the dominant identity primitive on Ethereum. DegenScore's reputation tokens could integrate with or complement ENS as a higher-level identity layer.
- Worldcoin: Worldcoin is a global on-chain identity protocol using biometric verification, addressing sybil-resistance and reputation. While more infrastructure-heavy, it competes in the same 'proof of unique personhood' category as DegenScore.
- Privado ID (formerly Polygon ID): Privado ID (formerly Polygon ID) is a privacy-preserving identity and credentials platform for Web3 issuers. It addresses the same on-chain verifiable credential and reputation use case that DegenScore targets, with broader institutional backing.
Emerging players
- BrightID: BrightID is a decentralized, anonymous identity verification protocol for Web3 that solves sybil resistance. Like DegenScore, it focuses on non-transferable on-chain reputation, though using a different technical approach.
- Rarity.tools: Rarity.tools curates and ranks NFT-based reputation and trait-score data for collectors. While focused on NFT traits rather than trading skills, it represents a similar concept of assigning on-chain reputation credentials to users.
Others
- Phala Network: Phala Network provides confidential computing and attestations on-chain, which could constitute enabling infrastructure for soulbound reputation tokens like DegenScore's Beacon. It is adjacent rather than directly competitive.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
DegenScore social profiles
Digital presenceDegenScore financial estimates
Financial estimateRevenue estimate
Valuation estimate
DegenScore leadership team
Management profileNumber of profiles
DegenScore funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DegenScore M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DegenScore
What does DegenScore do?
DegenScore issues the DegenScore Beacon (BEACON), a soulbound (non-transferable) ERC-1155 token on the Ethereum mainnet that stores each user's DegenScore and other traits representing their on-chain skills and abilities. The token is designed to function as a persistent, on-chain identity and reputation credential for Web3 users, particularly those active in DeFi trading and NFT ecosystems. Distribution is conducted through a self-serve model in which users claim the Beacon directly from the smart contract without intermediary gatekeepers.
Is DegenScore a public or private company?
DegenScore is a private company. It is classified as unknown and is currently operating.
When was DegenScore founded?
DegenScore was founded in -1.
Where is DegenScore based?
DegenScore is headquartered in Washington, United States, in the North America region.
How does DegenScore make money?
One revenue line is on record: unclear / Not Disclosed.
Who are DegenScore's main competitors?
Direct peers on record are Farcaster, Galxe, Lens Protocol and Gitcoin Passport. Broad incumbents are Ethereum Name Service (ENS), Worldcoin and Privado ID (formerly Polygon ID). Emerging players are BrightID and Rarity.tools. Phala Network is listed as an others.
Does DegenScore have an API?
No public API is recorded for DegenScore.
What industry is DegenScore in?
DegenScore's product category is On-chain Reputation Infrastructure. Its primary akta.pro industry code is FSAPAHAF, On-Chain Reputation, Identity & Attestation for Governance (DID, badges, sybil resistance). Its SIC code is 6199.