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Dragon Coin (DRG)

ICO
Dragon Coin bounty

Dragon Coin will act as an alternative financial mechanism within Casinos, to enhance the age-old gaming industry.

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Overview

Project industryGambling & Betting
Product typeEcosystem
FoundedVirgin Islands (British)
WhitepaperDragon Coin White Paper Open

What is Dragon Coin

The advent of fintech solutions whereby fiat money can be effortlessly converted into digital tokens and then moved instantly within an eco-system whilst being securely tracked, and all at very low cost, offers Macau’s junkets a highly attractive technological solution that will dramatically reduce their high inbound frictional costs.

Indeed digitally tokenizing both stake monies and gaming chips and using a blockchain to record transactions and track tokens, not only presents junkets but also the casinos in Macau and internationally, with an opportunity for step change cost reductions, improved effciency and higher levels of security in the management of inherent high volume money flows.

Through connectivity with our digital value platform, namely the Dragon Platform, elite gamers wishing to visit a junket could easily convert fiat money into digital tokens, that would be securely registered on a blockchain underpinning the platform. A numerical representation of the tokens held at any one time would be shown in the gamer’s smart phone wallet.

Whenever necessary, the gamer could effortlessly convert his Dragon Coins (DRG) to fixed-value digital Dragon Global Chips (DGC) for use in the junket. After gaming, DGC could be converted back into DRG and further converted to fiat money or any other digital currency when needed, all on demand and via the touch screen on a smartphone. If a gamer chooses to keep stake monies and winnings in digital form ready for the next visit to the gaming tables, they could do so, securely and at minimal cost.

Application of digital token technology beyond stake monies and winnings to the management and tracking of individual gaming chips, delivers junkets and casinos with significant financial gains and benefits from improved efficiency and security across their entire ‘cash management’ system.

Details

Public sales: Feb 15, 2018 - Mar 15, 2018
Token supply: 500,000,000 DRG
Total tokens for sale: 360,000,000 DRG
Raised: 320,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration year: 2017
Office address: Vanterpool Plaza, 2nd Floor, Wickhams Cay I, Road Town, Tortola, British Virgin Islands

Token info

Ticker: DRG
Token standard: ERC-20
Token price in USD: 1 DRG= 3.03 USD
Token price in ETH: 1 DRG= 0.003330 ETH
Accepted currencies: ETH, BTC, USD
Token distribution:
53% - Token Sale (Junket Partners)
12% - Token Sale (Early Supporters)
10% - Founders
10% - Reserve
7% - Token Sale (Public Sale)
7% - Treasury
1% - Advisors
Funds allocation:
83.3% - Deposit for Dragon Junket
3.6% - Working Capital
3.6% - Dragon Pearl Project
3.3% - 500 Global Cash Machines
3.3% - Reserve for Global Cash Machines
2.4% - Marketing/Promotion (Year 1)
0.5% - Dragon Social Wallet and Exchange

Dragon Coin Roadmap

1
December 2016

The idea of Dragon was forged in December 2016 at a roundtable session between Dragon founders & Junket heads. The systems to implement Dragon were quickly conceptualized, and the roll-out for commitments commenced.

2
June 2017

In June 2017, once the concept was properly documented, our first strategic partnerships were formed with Casinos & Junkets in Asia.

3
August 2017

In Macau, August 2017, Dragon had their first public appearance bringing hundreds of Blockchain and Token Sale experts from around the world to fine-tune & validate the project.

4
November 2017

Our Pre-Sale successfully raised over $20m through private investors & institutions!

5
December 2017

The PreICO Launched on the 8th of December, and will continue until the 31st of December 2017.

6
January 2018

In January 2018, Dragon will be listed on a number of exchanges before launching to our first Junkets in the Chinese new year!

7
February 2018

Our Public Crowdsale launches in February 2018 once our first Junkets are in full flight!

8
Q2 2018

Once we have successfully trialed the Dragon Blockchain within our first Casinos, we will be expanding the full operation into Macau - the biggest Casino market in Asia.

Project team

Chris Ahmad
Chris Ahmad
Co-Founder & CEO
Chris Ahmad linkedin
Paul Moynan
Paul Moynan
Co-Founder
Paul Moynan linkedin
Alen Siy
Alen Siy
Chief Financial Officer
Nick Spanos
Nick Spanos
Banking on Bitcoin
Nick Spanos linkedin
Dean Cannell
Dean Cannell
CoinFabric
Dean Cannell linkedin
Las Ho Choi
Las Ho Choi
Experienced Junket Operator
Vlatko Gigov
Vlatko Gigov
Blockchain Token Economics
Vlatko Gigov linkedin
Christopher Cannucciari
Christopher Cannucciari
Banking on Bitcoin
Christopher Cannucciari linkedin
Dean Anastos
Dean Anastos
BlockchainDevelopers.org
Dean Anastos linkedin
Abdul Qaiyoom
Abdul Qaiyoom
Blockchain Investor & Tech Expert
Abdul Qaiyoom linkedin
Samuel McCulloch
Samuel McCulloch
SmartICOInvestor.com
Samuel McCulloch linkedin
Max Garza
Max Garza
Blockchain Research & Development
Max Garza linkedin

Advisors

Oliver Isaacs
Oliver Isaacs
Advisor
Oliver Isaacs linkedin
Brittany Kaiser
Brittany Kaiser
Advisor
Brittany Kaiser linkedin
Anna Hazlett
Anna Hazlett
Advisor
Anna Hazlett linkedin
Early Boykins
Early Boykins
Advisor
Early Boykins linkedin
Jordan Marshall
Jordan Marshall
Advisor
Jordan Marshall linkedin

Social media

Dragon Coin web-siteDragon CoinYouTubeDragon Coin TelegramDragon Coin InstagramDragon Coin X (Twitter)Dragon Coin Facebook

MVP

App storeGoogle Play

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