CoinDesk Relaunches Social Token Into the Wild

CoinDesk is fully launching its social token, DESK, and making it an integral part of the experience at Consensus 2022. Attendees of the June 9-12 festival in Austin, Texas, will be able to earn $DESK by doing such things as picking up their badges at registration, visiting exhibitor booths or joining CoinDesk’s rebooted Discord server. The token will be redeemable at the event for merchandise, NFT and other rewards. The new $DESK is an ERC-20 standard token based on Polygon. It is not a currency, nor is it a financial asset or investment product of any kind. It is a reward token. CoinDesk may adjust the supply of DESK in order to encourage spending and discourage speculation or hoarding.