What is Dragon ?
Dragon is fortunate and blessed to have close ties to junket operators, 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
Dragon Coin will act as a fricyionless, low-cost and transparent alternative financial mechanism within Casinos, to enhance the age-old gaming industry. With its expertise in blockchain technology, the Dragon's goal is to revolutionize the long standing gaming industry while benefitting those rooted in the industry, as well as the members of the public who join in the journey to achieve the goals od Dragon Coin.
How Dragon Works
- Purchase DRG from an Exchange
A player purchases our DRG ERC20 Token from a Cryptocurrency Exchange
A player purchases our DRG ERC20 Token from a Cryptocurrency Exchange
- Exchange DRG for DGC
The DRG ERC20 Token are then exchanged for DGC (Dragon Global Chips) at our partners Casinos and Junkets, to be used in the Casino.
The DRG ERC20 Token are then exchanged for DGC (Dragon Global Chips) at our partners Casinos and Junkets, to be used in the Casino.
- Winnings
Winning that are paid out to the player can be converted back to DRG, another cryptocurrency or the Player has the option of receiving a pay-out in FIAT.
- Supply Burn
A portion of the profits are used to buy-back DRG tokens, and burn them to reduce the total supply.
Winning that are paid out to the player can be converted back to DRG, another cryptocurrency or the Player has the option of receiving a pay-out in FIAT.
A portion of the profits are used to buy-back DRG tokens, and burn them to reduce the total supply.
DRG Allocation
Founders : 10% (50 million DRG)
Advisors : 1 % (5 million DRG)
Treasury : 7 % (35 million DRG)
Reserve : 10 % (50 million DRG)
Token Sale
- Junket Partners 53% (265 million DRG)
- Early Supporters 12% (60 million DRG)
- Public Sale 7% (35 million DRG)
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Project Description
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Application of digital
tokenization over a blockchain distributed ledger to tokenize the complete
management of digital gaming chips that will be accepted in casinos globally,
and to built community of DRG holders who will benefit from DRG being a major
digital currncy of DRG holders
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Ticker Symbol
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DRG
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Token Protocol
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DRG is issued and operated under the ERC20
infrastructure
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Public Sale Start Date
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8th Decemeber 2017, 12:00 pm Macau time
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Pubic Sale End Date
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31 December 2017, 12:00 pm Macau Time
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Price
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0.00333 ETH per 1 DRG
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Total amount of DRG Created
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500,000,000 DRG Tokens
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Percentage held by Founders
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10%
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Percentage held by Advisors
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1%
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Percentage held by Treasury
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7%
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Percentage held by Reserve
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10%
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Percentage sold through Token Sale
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72%
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Accepted Cryptocurrency for the Dragon Coin Launch
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Ethereum (ETH)
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USE OF PROCEEDS
Based on assumptions that the token sale of 360 milion DRG is fully sold out and the subsequent token sale or saledown out of the Reserve of 50 million DRG is also completed at a price of no less than US$ 1 per DRG, Dragon inc. Anticipates to be received is enough for Dragon inc. to start it main operation and purpose of servicing high rollers immediately. It is our intention to show our supporters and the community that the business is indeed lucrative.
Team
Chakrit (Chris) Ahmad : Founders & CEO at the Dragon inc
Paul Moyan : Co-Founders Business Development
Panchat Chayutthana : Director of Business Development and Finance at Dragon
Yobie Benjamin : Chief Technology Officer
Dr. Alen Siy : Chief Financial Officer
MORE INFORMATION
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Created by : 15persenlucky
Profile link : https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
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