Dragonchain (DRGN) - a hidden gem that will 5x- a coin you need a look in 2018 - repost
OK folks, here's a little sleeper that everyone on Steem should now realize... It's called DragonChain and it's poised to go at least 5x and maybe more in the future. Why?
During the final 24+ hrs of the ICO, they raised far less than what they wanted. Instead of returning tokens to the foundation, it would be equally distributed to all token holders. I think they initially wanted to raise $100million+, but ended up with less than $15-20mill.
For those who were watching the project like me, a wallet belonging to the GENESIS block, perhaps an ETH foundation team member purchased 3600ETHs worth of Dragon tokens during the ICO, which at today's rates is worth about $1.5 million. For someone from Ethereum to invest in a small project like this, gives it huge credibility, as no doubt they would of looked over the Github code, whitepaper and realize the potential gem that lies within Dragon Chain.... You don't have some of the world's best blockchain programmers invest in something they don't understand. There is a rumor that Vitalik himself invested in DragonChain see here: https://cl.ly/1L1w0q2h3U0J -- however that's just a fun conspiracy rumor. ;)
Here are some reasons why Dragon Chain might be huge in the future:
It’s 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 (eg BTC or ETH).
Developers may code smart contracts in Java, Python, Node, or C#. Platforms projects always do extremely well in the long run, look at STRATIS, LISK, NEO, NEM, XLM, etc.
The 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).
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 utlizes serverless architecture to enable simple and powerful scaling.
There will be an incubator and marketplace for new projects.
Entire team based in Settle USA. Fortune 500 companies are more willing to invest in blockchain projects where they know it can't be shutdown on a whim by foreign government, e.g. NEO (China), etc and ability to get localized support if required since the team is USA based.
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 disappearing soon after the token sale.
The platform was built from scratch in Python at Disney.
Likely to be listed on Binance and maybe Bittrex soon
Here's the evidence of the investment from someone at Ethereum... https://etherscan.io/address/0xba0249e01d945bef93ee5ec61925e03c5ca509fd Notice the GENESIS block? Now click OUT link, and search for 'DragonchainTokenSale'
I originally told everyone to stack up on this on the 1st/Dec when it was trading at 26c on 4chan, but knowing 4channers, called me a paje*t! lol.. See http://boards.4chan.org/biz/thread/4695442
As always, do your own research and don't invest blindly. For clarification I hold a significant amount of Dragon tokens purchased during ICO, so take my advice with bias. Right now, DRGN is only available on ED, however I expect it to go higher once Binance or another major exchange picks it up for trading.
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