Public Crypto BLOG: Dragon Coin - Play Casino With A Decentralized Platform

Do you like betting or other gambling games? If yes, my article will share a great information for you or anyone that have gambling playing as hobbies.

Have you heard Dragon ? Dragon is fortunate & 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, or DRG, is an ERC20 / Ethereum Utility token used to participate in the Dragon blockchain ecosystem. DRG tokens will initially be bought through our token sale, and thereafter on cryptocurrency exchanges, by investors & casino players in order to participate at Casinos using Dragon's Blockchain facilities managed by Dragon parter junkets.

Dragon Coin will act as a frictionless, low-cost & 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 all the members of the public who join in the journey to achieve the goals of Dragon Coin.

DRG is required by Players in order to buy DGC (Dragon Global Chips), creating a continuous and growing demand as we roll-out into new Casinos in the coming months. Dragon Global Chips, or DGC, are the coins/chips that are purchased by Players in Casinos using the DRG ERC20 Token purchased in our Token Sale.

Owning DRG automatically entitles a person to membership of Dragon and so grants access to the Dragon Platform. Members will be entitled to certain privileges, including but not limited to, access to Dragon Junkets and aﬃliated junkets and casinos that have adopted DRG.

Dragon Platform

Social Wallet
Members of the Dragon Community, deﬁned as being fully AML/KYC cleared individuals and duly registered with Dragon as account holders, will be entitled to use the full functionality state-of-the-art smartphone Dragon aﬃliated ‘Social Wallet’ which will help them visualize the number of DRG, DGC and other forms of digital value tokens stored securely in their Dragon account on the ethereum blockchain. The Dragon Wallet will fully support the holding of both DRG and DGC.

DRG and BTC / Alt Coins
The Dragon Platform and Dragon Community Wallet will support the holding and cross-conversion of DRG to BTC, ETH, XRP, LTC plus other major digital currencies in the future.

Global Cash Machines
The platform will be connected to a network of Global Cash Machines (GCMs), that will allow members to use their Dragon debit cards to draw ﬁat cash by converting the digital value stored in their account wallets (whether held as DRG, BTC, ETH, XRP or LTC). Members will also be able to deposit ﬁat money into their wallets at GCMs.

How Dragon Works

Purchase DRG from an Exchange
A Player purchases our DRG ERC20 Token from a Cryptocurrency Exchange.

Exchange DRG for DGC
The DRG ERC20 Tokens are then exchanged for DGC (Dragon Global Chips) at our partner Casinos & Junkets, to be used in the Casino.

Winnings
Winnings 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.

Token Generation Event

360 million DRG will be sold through the Dragon Coin Sale, out of which 73.6% has been committed!

The maximum number of DRG that could be created is capped at 500 million, which are allocated as follows:

Founders: 10% (50 million DRG)
Advisors: 1% (5 million DRG)
Treasury: 7% (35 million DRG)
Reserve: 10% (50 million DRG)

Token Sale:
(i) Junket Partners 53% (265 million DRG)
(ii) Early Supporters 12% (60 million DRG)
(iii) Public Sale 7% (35 million DRG)

Junket Partners
The main initial driver of Dragon business is the Dragon Junket, scheduled to be operational before the upcoming Chinese New Year. DRG holders will beneﬁt from growth in immediate gaming volumes at the Dragon Junket.

Presale - Early Supporters
60 million DRG will be placed at US$ 1.00 per DRG with Dragon’s Early Supporters. The presale to Early Supporters have started since early November and will continue until 3rd December 2017.

Public Sale
The public subscription component of the Token Sale will run no more than one (1) week from 8th December 2017 to 31th December 2017 - a total of 35 million DRG will be offered at 0.00333ETH per DRG - and through it, Dragon aims to gain a wide base of DRG holders.