Dragons are Good Business
Dragon is a blockchain solution for the high-stakes gambling industry. It allows high-rollers to enter Macau, a country with annual gambling-related receipts of as much as $45 billion, and to utilize large sums of money there via the dragon coin. This allows them to overpass currency transfer limitations and allows for a secure management of financial information.
Read on to find out about its strengths.
SWOT analysis sheds light on the potential of a potential project.
I’ll be analyzing whether DRG presents an idea that holds plentiful potential and what would its barriers be.
DRG is a first-mover in the blockchain industry to offer a solution to high-stakes gambling. There are many projects in the works to create digital, transparent gaming through the blockchain, but Dragon is unique in that it wants to offer a service for existing, physical casinos, particularly towards gaming in junkets.
DRG’s main strength is that it’s targeting a market its founders are adjusted to. Instead of being overly ambitious, as is the nature in the blockchain world, DRG’s founders aim to target the market they already know. The token is designed to offer a utility for gaming in Macau, and Dragon is a company based in Macau.
The company has targetted a gap in the market for junket gambling and has seen the technology has heavily lagged in servicing high-rollers aiming to play at junkets. By offering a solution to an industry they are so close to, and by taking advantages of blockchain technology to move services for handling funds for high-rollers gaming in Macau, Dragon has found a powerful product to position towards a market in heavy needs of technological advancements.

One of the greatest benefits of wealth is that it brings convenience; high rollers are highly adjusted to utilizing services from junkets’ agents, even if the funds are handled in an insecure way. They opt for this due to the great convenience it offers them as someone else handles all their problems.
Therefore, Dragon would have to offer the same level of convenience. The company can easily utilize agents too but the key is to keep the whole process as convenient as possible.
So, to truly capitalize on high-rollers gambling in Macau, Dragon must ensure the process remains as seamless and convenient as possible. And that is achievable by making the DRG platform be as user-centric as possible.
Given the funds the company intends to raise, they should have no issues.
Transparency is one of the most powerful utilities of the blockchain. Dragon is bringing transparency to a rather opaque form of financial operations. High rollers would no longer have to simply trust the agents and nor would they need to worry about discrepancy between expected transfer amounts and real transfer amounts.
Everything will be transparent with DRG.
As security is a highly desired trait, Dragon is bringing blockchain technology to provide a new height of security in junket gambling.
This is a win-win-win situation:
- High-rollers have convenient and secure means of transferring funds to Macau for gambling
- Junkets in Macau gain more traction as DRG offers a reliable means of partaking in junkets
- DRG, by being the platform offering various benefits for high rollers and junkets, can leverage a profitable position for itself.

The primary threat in the blockchain spectrum is the threat of a copy-cat ICO.
But DRG’s offering is very differential as it is targeting a very particular market: high-roller gambling in Macau. Not only is the technological and operational demand of this project high, but the grasp of the particular business is rare as it is very localized and niche.
Not only does a team need to excel at technical functioning of junket gambling and blockchain utilization, but it needs to have the grasp of laws and norms of Macau and the partaking customers of junket gambling.
Given the highly specialized nature of this project, Dragon is safe from the threat of copy-cats.
Website: https://drgtoken.io/
Whitepaper: https://bit.ly/drgtoken
ANN Thread: https://bitcointalk.org/index.php?topic=2524680.new#new
Telegram: https://t.me/DragonOfficialENG
Token Sale: FEB. 15
Token Type: ERC20
Ticker: DRG
KYC: YES
Accepts: ETH
1 DRG = 0.00333 ETH = $2.51
Can’t Participate: USA; SINGAPORE; CHINA

If you found this article helpful, appreciate the information I have curated, appreciate the analysis I have provided, and/or are simply just a kind person, please support me by liking and sharing this article; you can also follow me to stay updated with the most remarkable ICOs coming up.
If you find the project valuable or interesting, support it by sharing and liking this page and keeping up with company profiles.
DRG Website: https://drgtoken.io/
https://bitcointalk.org/index.php?action=profile;u=1700741;sa=summary
https://steemit.com/@hatu – Follow for a new ICO analysis every day!