Dragoncoin. A decentralized currency for casinos and gamblers (ICO)

in #cryptocurrency7 years ago

Current problems

Each week of the year, hundreds of Elite Gamers members visit Macao to play baccarat and play other games of chance in junkets - VIP betting lounges with a minimum stake of millions of dollars - which are managed separately by shareholder organizations at the resort's major casinos.

In these VIP gaming lounges, many millions of dollars are due to the tables in these lounges every day and junket gaming managers demand too high fees to get such a high volume of betting money for a VIP player to use on arrival. Then, after you have enjoyed the games of chance and good hospitality of the junket's, your great VIP guests pay a very high fee on the return of your winnings.

A group of elite players often have to arrange a multi-million-dollar sum of money to be available to them when the player arrives in Macao. Currently, the financial commitment to reach a minimum funding agreement is 5%. Players are usually required to charge between 5% and 7% for the repatriation of their winnings.

A large market in Macao can host more than 100 elite players at any one time, then producing a large volume of sales of more than $250 million a day. Thanks to this level of gameplay at each table and the constant churn among players, the friction costs caused by both junkets and demanding elite players related to the establishment of betting money and the repatriation of their winnings are both enormous and punitive.

The Solution to your needs

With the advent of the new fintech system, money can easily be transformed into digital tokens and instantly move through an ecosystem safely, with very low costs and at the same time following in the footsteps of an ecosystem, Macau is a very interesting technological solution that will drastically reduce its high inbound friction costs.

Advantages:

  • Players can easily convert money into digital tokens.
  • They will be securely protected in a blockchain.
  • The chips are displayed at all times in the player's smartphone wallet.
  • The player can easily convert his Dragon Coins (DRG) to other cartographic currencies or fiat money.

What is the dragon coin?

dragon coin, or DRG, is a Utility ERC20 / Ethereum token that is used to intervene in the Dragon Locking Chain ecosystem. DRG tokens are initially acquired through our tokens sale, and then in crypto-forex exchanges, by investors and casino players so that gamblers can enjoy the casino using Dragon's Blockchain facilities managed by Dragon's junkets collaborators.

DRG tokens are exchanged for DGC (Dragon Global Chips), a crypto-currency gaming chip, in casinos that allows players and all casinos to take advantage of Blockchain's high transparency and security.

This solution will act as a transparent, economical and trouble-free alternative financial tool within the Casinos to optimize the old gaming industry.

DRG ERC20 TOKEN

The Dragon Mint, or DRG, is an ERC20 Utility Token built on the power of Blockchain Ethereum.

TRANSPARENCY AND SECURITY

Dragon's Blockchain facilities provide Casinos and Players with a secure transaction book, promising a degree of transparency never before experienced in the gaming industry.

Liquidation

Players demand DRG for the acquisition of DGC (Dragon Global Chips), creating a huge demand in the coming months.

How it works.

Buy, sell and convert DRG
Once the Token Sale is completed, DRG can be purchased with money or BTC, ETH, XRP, LTH, from a large number of cryptographic bags or directly through Dragon Exchange.

Social Portfolio

It will help you view the number of DRG, DGC and other forms of digital value cards stored securely in your Dragon account in the ethereum lock chain.

DRG and BTC / Alt Coins

DragonPlatform platforms and the Dragon community wallet are compatible with the retention and cross-conversion of DRG to BTC, ETH, XRP, LTC and other major digital currencies in the future.

The dragondebit card

All Dragon members can choose the option of receiving a multiple-currency Dragon physical debit card linking their Dragon account to MasterCard/Global ATM and merchant Visa.

Dragon (DRG) Token Sale

Token's details

Token symbol: DRG
Total supply Token: 500,000,000,000
Token Type: ERC20
Price 0.00333ETH per 1 DRG

Route Map:

  • December 2016

Development of ideas and concepts

The Dragon concept was developed in December 2016 at a working table among the founders of Dragon & Junket heads. The procedures for implementing Dragon have been quickly conceptualized, and the deployment of commitments has begun.

  • June 2017

First Strategic Partnership

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

  • August 2017

Inauguration of the initial public launch

In Macao, in August 2017, Dragon was presented for the first time in public with hundreds of experts from Blockchain and Token Sale from around the world to fine-tune and validate the project.

  • November 2017

Private Pre-sale

Presale has successfully reached over 20 million dollars through private investors and institutions!

  • December 2017

Launching prior to the ICO

The Pre-ico was launched on December 8, and will continue until December 31,2017.

  • January 2018

Bag-listed, and launch of the first batch of Junkets and Casinos

In January 2018, Dragon will be included in a series of bags before launching our first Junkets in the Chinese New Year!

  • February 2018

Sale to the general public

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

  • Q2 2018

Launch in Macao

Once we have successfully tested the Dragon Blockchain chain within our early Casinos, we will be expanding the entire operation to Macao - the largest casino market in Asia.

Work Team.

  • Chakrit (Chris) Ahmad - Founder and CEO of Dragon Inc.
  • Paul Moynan - Co-Founder of Business Development
  • Panchat Chayutthana - Director of Business Development and Finance at Dragon
  • Yobie Benjamin - Head of Ocer Technology
  • Dr. Alen Siy - Chief Financial Officer Ocer

Advisory Board

  • NICK SPANOS
  • DEAN CANNELL
  • BRITTANY KAISER
  • LAS HO CHOI
  • CHRISTOPHER CANNUCCIARI
  • SAMUEL MCCULLOCH
  • DEAN ANASTOS
  • ABDUL QAIYOOM
  • JIT SINGH
  • MAX GARZA
  • ANNA HAZLETT
  • VLATKO GIGOV

Links

PlatformLinks
Web Sitehttps://www.drgtoken.io/
Whitepaperhttps://s3.amazonaws.com/drg-token/Whitepaper-Dragon.pdf
Ann Threadhttps://bitcointalk.org/index.php?topic=2524680.0
Twitterhttps://www.twitter.com/dragoncoin
Facebookhttps://www.facebook.com/dragoncoin.online
Discordhttps://discord.gg/CtUGXBC
Telegramhttps://t.me/joinchat/FSgY4RI3tNfalmD2sbIZRg

BitcointTalk. Jpirulo
Profile: https://bitcointalk.org/index.php?action=profile;u=1192567
Myetherwallet: 0x4312006E30A82664F5b7EF51B2cE5c864F54cb1f
by Jpirulo

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
ATMATMChain0.005$-11.27%-28.85%
BTCBitcoin8176.780$-11.85%-17.36%
ETHEthereum606.008$-13.03%-19.12%
LTCLitecoin159.056$-9.93%-13.33%
XRPRipple0.682$-14.13%-21.22%

look close with an open mind with what these people are doing with open source smart contracts and passive income.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e

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