What is Degen coin flip?

Degen Coin Flip is a smart contract platform that allows users to play double or nothing using their Solana tokens. The earliest coin flipping dates back to ancient Roman times, calling it “navia aut caput” which means ship or head. In this act, individuals can determine one out of two outcomes depending on the result of the tossed coin.

What is play double or nothing Degen coin flip?

Play Double or Nothing Degen Coin Flip is a project hailing from Solana that aims to be a force for fairness and transparency in the crypto gambling world. Warning: some say it is quite addictive. Crypto investing has been, on more than one occasion, compared with casino gambling due to the speculative nature of these assets.

What does 'Degen' mean in crypto?

The term ‘degen’ can be traced back to sports betting. Shorthand for ‘degenerate’, it’s generally used as an insult, referring to gamblers with a tendency to stake large amounts of cash without the knowledge or experience to back it up. In the ever-growing crypto space, however, traders have started to wear the label with a sense of pride.

What is a DCF token?

The DCF token follows the design of a coin in different colors but usually bright ones are common. Every DCF token had an initial price of 0.33 $Sol that increased over time. The participants who joined the minting received 186 times more, coming only from the distributions.