- 1 Dragonchain Basic Info
- 2 About Dragonchain
- 3 What is Dragonchain?
- 4 The Dragonchain Foundation
- 5 Dragonchain Rumors
- 6 Dragonchain ICO Structure
- 7 Dragonchain ICO Price
- 8 Token Supply and Distribution of Dragonchain
- 9 Incubator Program and VIP Access for Token Holders
- 10 Dragonchain Dragon Days of Slumber
- 11 BENEFITS of the Dragonchain Token
- 12 Dragonchain PLATFORM FOR ICOs
- 13 Dragonchain Projects under Incubation
- 14 The Dragonchain TEAM
- 15 Recent News and Developments
- 16 Dragonchain Competition and Similar Coins
- 17 Where to Buy Dragonchain Coin
- 18 Dragonchain Media Coverage:
- 19 Convert DRGN To USD EUR GBP Fiat
Name: Dragonchain - Blockchain Platform, Incubator, And Ecosystem
Price Info: - https://coinmarketcap.com/currencies/dragonchain/
Total: 433 Million
Circulating: 238 Million
Dragonchain was originally developed at Disney’s Seattle office in 2015 and 2016 as the Disney Private Blockchain Platform. Over twenty use cases and applications were explored and documented publicly via the W3C Blockchain Community Group. The platform was later released as open2source software under the Apache 2 license in October of 2016.
Dragonchain simplifies the integration of real business applications onto a blockchain and provides features such as easy integration, protection of business data and operations, currency agnosticism, and multi-currency support.
The Dragonchain Foundation, a Non-Profit Corporation, was created in January of 2017 to maintain ownership and responsibility of the open source code. The Dragonchain team is now in the process of launching a commercial entity to build a server-less architecture blockchain platform, and an incubator. The combination of server-less and blockchain technologies is unique and tremendously valuable. The timing of the Dragonchain platform launch was highly strategic to benefit from explosive growth of cloud computing over the last few years and the emerging wave of Blockchain solutions entering proof of concept stage across enterprises.
A wallet belonging to the GENESIS block of Ethereum, perhaps an ETH foundation team member purchased 3,600 ETH worth of Dragon tokens during the ICO leading to rumors that Vitalik himself invested in Dragonchain.
Dragonchain chose to do their ICO differently. Instead of holding presale rounds where early investors received heavily discounted tokens, they decided to go with a different model for token purchase and distribution. This other way of conducting an ICO, by its structure, discourages the dumping of presale discounted tokens on the rest of the market (which usually tanks the price).
ICO Price of Dragonchain was between $0.06-$0.08 cents. During the final twenty-four hours of the ICO, Dragonchain rose a lot less than what they wanted. Instead of returning tokens to the foundation, it was equally distributed to all token holders. They initially wanted to raise $100+ million, but ended up with less than $20 Million due in most part, to the fall in BTC prices.
Team members and advisers receive their token disbursements over a two-year period. That signals a long-term commitment to the project and prevents insiders from dumping their supply and tanking the price
Dragonchain is not only a token, but a turn- key PLATFORM for businesses. Dragonchain allows them to easily and seamlessly integrate all of the benefits of blockchain technology without the huge investment in time and resources that it takes to create a platform of their own.
What are Dragon Days of Slumber?
A Dragon Day of Slumber takes into account both the Dragon balance and length of time each Dragon is held. Based on their “Dragon Slumber Score, token holders gain priority access to Dragonchain Incubator ICOs and pre-sales. Dragon Slumber scores will be used to drive factors such as discount level, participation timeframe and purchase limits.
Since each of the Dragonchain Incubations are unique, with tokens representing different types of utility, these benefits will vary based on the specific ICO. Every Dragonchain Incubation ICO will include some type of exclusive participation for Dragon holders, however.
How is a Dragon Slumber Score Calculated?
It’s simple - The number of Dragons held, multiplied by the number of days held yields the Dragon Slumber Score. For instance, if you have 100 Dragons that you’ve held for 5 days, your Slumber Score is 500.
Dragonchain is a hybrid system that lets a business (enterprise or startup) have its own chain and achieve enterprise consensus in stages all the way to one or more public blockchains (e.g. BTC or ETH).
•Developers of Dragonchain may code smart contracts in Java, Python, Node, or C#.
•The Dragonchain architecture allows a project to control exposure of sensitive business data and smart contract logic.
• It doesn’t require the use of a currency (full trust at first layer) and it can support multiple currencies on one chain.
•A project can start without full knowledge of its economy and monetize activity or assets late in the process.
•The commercial platform of Dragonchain utilizes server-less architecture to enable simple and powerful scaling.
Dragonchain also proposes an incubator and marketplace for new projects.
Dragonchain Foundation plans to launch their first incubated ICO (Look Lateral) around the end of December 2017/early January 2018 and have plans for up to 20 others in 2018.
Look Lateral will be the first Dragonchain Incubator ICO.
1. Look Lateral - Liquid Art.
Blockchain based arts Provenance and Liquid marketplace. Provides market based Provenance in advance of a service to securitize rare assets for a liquid market.
A company in the cannabis sector that has commissioned Dragonchain with building out a suite of smart contract applications to support the state laws in tandem with operator needs and finance from banking and private financiers. Initially for Washington state, and then for all 9 states that have legalized industry.
LifeID is developing a blockchain-based open identity platform that allows users to manage a digital identity and how it can be used to interact with both the digital and physical world, all without relying on the oversight or control of a large social network, company, or government. Identities on this blockchain are created and managed via a system of smart contracts on a permission-less blockchain that will be governed by identity holders.
This means anyone can create one digital identity to use for his/her entire life and everything in it. Using this blockchain and a biometric-capable smartphone app such as lifeID for iOS, users can safely and securely identify themselves, taking the place of a login and password online or a card key in the physical world, all while giving the user complete control over his/her privacy.
The team at lifeID is investigating the use of Dragonchain’s tokenized micro-license for the software that bridges the lifeID blockchain with the Web 2.0 applications that will use it.
An existing company providing solutions for Government Treasuries - including Budget optimization, Payroll and Social funds optimization. The Costa Rican Government Treasury has been using the software for 8 years, and saved hundreds of millions of dollars. Project will build on existing product onto Dragonchain platform.
An intellectual development and licensing firm focused in the area of security offerings. It maintains a strong dominance in government accounts through value-added resellers for their FIPS Level 3 authentication designs.
1. Joe Roets - Architect, Founder, CEO of Dragonchain
•Principle Blockchain Architect at Bloq
•Principle Blockchain Architect at Disney
•Sr.Technical Advisor at Overstock
•CEO and Founder at several software startups
2. George Sarhanis - CBO, Co-founder of Dragonchain
•Principle at Digital Ventures
•Managing Director GameInstincts
3. Eileen Quenin - President of the Dragonchain Foundation
•Sr. Information Architect and Tech Evangelist at Disney
•Sr. UX and User Research Architect at GE
4. Brandon Kite - Lead Developer
•Sr. Software Engineer at Disney
5. Alex Benedetto - Developer
•Cloud Engineering and Blockchain Develop- ment Intern at Disney
The Advisors of Dragonchain
1. Maria Smith - VP of Partnerships and Pay- ments at Starbucks
2. Ed Fries - Co-founder of XBOX
3. Tom Bush - Fmr. Assistant Director of the FBI Collin Lahay - Founder of Gambit Jeff Garzik - Co-founder of Bloq Matthew Roszak - Co-founder of Bloq Chris Boscolo - Founder of lifeID
In February 2018, Cogint (NASDAQ: COGT) announced it acquired a minority interest in Dragonchain through its subsidiary Red Violet Blockchain and Analytical Solutions, LLC. Cogint is a leading provider of data analytics.
Red Violet will use the Dragonchain blockchain platform for its asset tracking, identity verification, fraud prevention, and transaction security solutions.
Dragonchain recently started its incubation program for blockchain start-ups called Dragonscale. Businesses can launch their own tokens on top of the Dragonchain network.
So far, there’s already five Dragonscale incubator projects announced. Those include Iagon (AI-powered supercomputing), GiveWithNothing.org (trustless charitable giving), BioCrypt Technologies (biometric wallets for payments and security), Metropolis (distributed employment marketplace), and Look Lateral (global art exchange).
In March, Dragonchain announced the sixth project to its incubator program. Called Coiin, it’s a digital engagement platform that rewards social media users through the blockchain. It’s aiming to upend social media platforms, where the vast majority of financial benefits currently go to the platform owner and not the users.
Behind the scenes, Dragonchain also opened limited access to its commercial AWS Serverless Platform.
There are many benefits including:
1. No fixed costs. It’s a pay-as-you-go model, so you only pay for what you need.
2. Quicker deployment.
3. Enhanced scalability.
4. Less delays.
Oﬃcial launch of the serverless platform is expected in the first half of 2018.
Also on deck for 2018 is adding a smart contracts library, developing a commercialized dashboard and marketplace, and deploying on Microsoft Azure.
Since its launch in October 2017, Dragonchain has gone quickly from an idea to a leader in helping commercial businesses use the blockchain.
You can buy DRGN in the following exchanges with Bitcoin. It is usually delimited in the DRGN /BTC pairs, DRGN/ETH.
Business Summary https://dragonchain.com/assets/Dragonchain_Busi-ness_Summary.pdf
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