Dragon coin
Dragon is lucky & blessed to have a close relationship with junket operators, who with their long history in this industry have built close relationships with high rolled VIP players which are the main drivers of the Asian gaming industry.
Dragon Coin will act as an unlimited, low cost and transparent alternative financial mechanism inside the casinos, to improve the ancient game industry. With its expertise in blockchain technology, Dragon's goal is to revolutionize the old gaming industry while leveraging its roots in the industry, as well as all members of the community who journey on to achieve the Dragon Coin goal.
THE DRAGON PLATFORM
Buying, Selling and Converting DRG
After completion of the Token Sale, DRG can be purchased
with? at money or BTC, ETH, XRP, LTH, through a number of
leading industry-recognized partner crypto-exchanges or
directly through the in-house Dragon Exchange.
Social Wallet
Members of the Dragon Community, de? Ned 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 a? liated
'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 block-
chain. The Dragon Wallet will be fully support the holding of
both DRG and DGC
HOW DRAGON WORKS
Players purchase our DRC ERC20 Token from Exchange Cryptocurrency.
The DRG ERC20 tokens are then exchanged for DGC (Dragon Global Chips) in our partner Casinos & Junkets, for use in Casinos.
The victory paid to the Player can be converted back to DRG, other crypto or Player has the option of receiving payment at FIAT.
Some profits are used to buy back DRG tokens, and burn them to reduce inventory amounts.
"We're really building a business to improve & improve the way people engage with Casinos.Transparency & Integrity play a big role in achieving this, & Blockchain facilitates that solution perfectly."
TOKEN SALES
Dragon Global Chips, or DGC, are coins / chips purchased by Players in Casinos using the DRG ERC20 Token purchased on our Token Sale.
DRG Allocation
The maximum number of DRGs 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)
DRG held in Treasury will be used for but not limited to:
Bonus DRG to Core Subscribers, and
DRG bonus to the Dragon Social Fund
Note: The numbers of DRG for both of the above donations
are dependent on take up of Core Subscriber packages (see
p. 12 for details).
DRG held in Reserve may be sold in subsequent rounds of
token generation events or in the market, upon reaching
the next milestone
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AUTHOR :Alfian2015
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