[ICO] DragonCoin (DRG) — Revolutionizing casino operations
I. Introduction
DragonCoin or DRG, is an ETH-based token that is used to participate in the Dragon Blockchain ecosystem.
Why the Dragon logo?
Dragon is a symbol of luck and blessing, has relationships with Junket operators (private rooms in the casino, signs and operates by investors who contribute funds to provide services and games for VIP players) , who with their long history in the industry have built close relationships with high-rolling VIP players who are the major drivers of Asia’s gaming industry. DragonCoin will operate as a pioneer, with low cost and financial transparency, to enhance the gaming industry.
II. Detailed information
Website: https://www.drgtoken.io/
TokenSale: https://tokensale.drgtoken.io/
Whitepaper: https://s3.amazonaws.com/drg-token/Whitepaper-Dragon.pdf
Bitcointalk(ANN): https://bitcointalk.org/index.php?topic=2524680.0
Facebook: https://www.facebook.com/dragoncoin.online
Twitter: https://twitter.com/dragoncoin
Telegram: https://t.me/joinchat/FSgY4RI3tNfalmD2sbIZRg
III. ICO Details
Name: DRG
Tokens type: ERC20
Total supply: 500,000,000
Tokens delivery:
— 53% for Junket partners
— 12% for early supporters
— 10% for the group
— 10% to reserve
— 7% for funding
— 7% for public sale of tokens
— 1% for advisers
The Dragon platform and the Dragon wallet will support the holding and conversion of DRG to BTC, ETH, LTC and other major currencies in the future.
IV. Purpose and usage of DragonCoin
With the experience of Blockchain technology, Dragon’s goal is to revolutionize the old-fashioned gaming industry, as well as benefiting the industry and all its members. A certain amount of profit will be used to buy back DRGs to reduce total supply.
- Money transfer and security
Dragon’s Blockchain facility provides both casinos and players with highly secured ledgers, promising an unprecedented level of transparency in the gaming industry to date. - Liquidation
DRG is necessary for players to buy DGC (Dragon Global Chips), creating a growing and ongoing demand as the founder launches the casinos in the upcoming months.
By applying Fintech, the global casino industry will be able to save costs, improve efficiency and more. When participating in the games they will only have to pay 1% of the fee compared to 5% of the normal fee, this is a significant fee reduction to improve the dynamics of Junket and issue more shares to players .
Dragon Inc commits to applying Fintech to manage gaming enterprises of Macau and its elite players. As such, the business is expected to expand to support casinos both in Macau and globally. - How to use DragonCoin
Step 1. Buy DRG from the exchanges
Players buy DRG ERC20 from the crypto exchanges.
Step 2. Exchange DRG to DGC
— DRG will be exchanged to DGC (Dragon Global Chips) in our Casinos and Junket partners, for use in casinos.
Step 3. Prizes and winnings
— Winnings and prizes paid to winners can be converted back to DRG, or a different crypto, or they can choose to be paid in other currencies.
V. Roadmap and development team
- Roadmap
Dragon has a very clear and detailed roadmap, which is why this is a realiable project. Below is the detailed schedule of the project:
— December 2016: Concept and development of ideas
- DragonCoin and the project concepts emerged in June 2016 at a round table meeting between the founders of the Dragon and the leaders of the Junket. The system for implementing the Dragon project was quickly developed, and implemented as the meeting committed.
— June 2017: First strategic partnership
When concepts were formalized, they created the first strategic cooperation relationship with casinos and junkets in Asia.
— August 2017: The first public test.
In Macao, Dragon made its first public appearance, gathering hundreds of Blockchain and Token Sale experts from around the world to edit and revise the projects.
— November 2017: Private token sale began. - The pre-sale was very successful when it called for over $20 million through private investors and organizations.
— December 2017: Pre-ICO launches - Pre-ICO stage was launched on December 8, and will last until December 31, 2017
— January 1, 2018: Listing on exchanges, operating the first batch of Junkets and opening casinos. - Dragon plans to list on some exchanges before running the first new year’s junkets in China
— March 2015: The official ICO
The real sale will open in March, 1818, when their first Junkets room was ready!
— The second Quarter of 2018: Operation in Macau
+When Dragon Blockchain was successfully tested in the first casino, we will expand our operation to Macao, the largest casino market in Asia.
- Development Team
Not only the clear roadmap, Dragon also has a trustworthy management team and reliable advisors to ensure the quality of the project.
Dragon’s Executive team
Project Advisory Board
You can see the summary in the following link
https://tokensale.drgtoken.io/
VI. Author’s review
Dragoncoin is a potential project pioneering in applying cryptocurrency and blockchain technology into the casino industry, with a reliable management team that has the ability and experience to handle this big project. The development team, although limited in number, is skillful and has lots of experience. Besides that, the project has many competitive features and has been tested and reviewed by hundreds of experts in Blockchain and Token Sale from around the world.
The project has raised $320 million before running ICO, by looking at the performance I can conclude this could be a big project worth investing at this time, when blockchain technology is booming.
VII . Author’s info
Bitcointalk username: dadumtuss123
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1236193
Telegram username: @quanghuy96