DegenScore is a platform that recognizes and rewards users for their active engagement in the Web3 ecosystem. By connecting their wallets to the degenscore beacon, users can obtain a personalized score that reflects the extent of their interactions with Defi smart contracts and protocols. This score serves as a testament to their involvement in the Web3 space.

The degenscore beacon takes the form of an Ethereum soulbound token, specifically designed as a non-transferable NFT. It enables users to document and showcase their participation in various Web3 projects, allowing them to share their achievements and contributions with the wider Web3 community.