Dragonchain Basic Profile and Whitelist (Disney Backed Technology)
Very excited to see where this goes, please read it thoroughly, I think you will be very surprised with what is within their project.
MARKET CAP
$720,544,477.96
24H LOW / 24H HIGH
$2.8520 / $3.4224
24 HOUR TRADING VOLUME
$5,581,531.95
Complete Metrics Score
TOTAL 52%
Major Exchanges Trading Activity
LIQUIDITY49%
Source Code Repository Activity
DEVELOPER62%
Social Media & Discussion Board
COMMUNITY34%
DRGN
-----BEGIN BITCOIN SIGNED MESSAGE-----
Token Contract Address: 0x419c4db4b9e25d6db2ad9691ccb832c8d9fda05e
Symbol: DRGN
Decimals: 18
-----BEGIN ADDRESS-----
1DRA8KjFPZ62XdEGSmFEneRj8UqVVCAEnL
-----BEGIN SIGNATURE-----
H83Nf3Dn/SLleagPIi0FwQx6xC+vgFGafTxk81J5MJpYSCHqsDDKaKZlnsjtMCs8gF0qCR0fLauKtoudw1uvKC4=
-----END BITCOIN SIGNED MESSAGE-----
dragonchain.eth resolves to the Dragonchain Token Contract Address: 0x419c4db4b9e25d6db2ad9691ccb832c8d9fda05e
Schedule
Dragons public sale will begin on October 2, 2017.
Start: October 2 - 8:00 AM US PDT (UTC-7)
End: November 2 - 5:00 PM US PDT (UTC-7)
Please watch this page for further information.
Token supply capped at 433,494,437 Dragons.
A Dragon is a tokenized micro-license (PATENT PENDING) for interaction with Dragonchain commercial platform services. A Dragon captures legal guidance regarding US Securities law.
Category Percentage Dragons
Public 55% 238,421,940
Team 20% 86,698,887
Foundation 10% 43,349,444
Dragonchain Reserves 10% 43,349,444
Dragon Fund (Incubator) 5% 21,674,722
Contact
[email protected]
Twitter: @dragonchaingang
Telegram: Announcements Channel & Discussion Group
Background
Dragonchain was originally developed at Disney’s Seattle office in 2015 and 2016 as the Disney
Private Blockchain Platform. Over 20 use cases and applications were explored and documented 1
publicly via the W3C Blockchain Community Group . The platform was later released as open 2
source 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 serverless
architecture blockchain platform, and an incubator. The combination of serverless and blockchain
technologies is unique and tremendously valuable. The timing of the Dragonchain platform launch is
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.
Vision
The Dragonchain team will launch Dragonchain, Inc., as a commercial entity to provide an array of
products and services to the community. Our vision supports areas of the market that are
underserved with strong demand and projected growth in the blockchain industry ($7.7b by 2024 )
3
across an array of multi-billion dollar sectors such as Arts, Wine, Automotive, Legal, Digital
Marketing, etc. These sectors and more will experience market disruption with blockchain
1 W3C - Disney Dragonchain - Blockchain Use Cases - https://dragonchain.github.io/blockchain-use-cases
2 W3C Blockchain Community Group - https://www.w3.org/community/blockchain/
3 Grand View Research http://www.grandviewresearch.com/press-release/global-blockchain-technology-market
©2017 Dragonchain Dragonchain Commercial Platform v6 Page 1 of 15
capabilities shifting the value proposition into decentralized environments. Dragonchain platform will
support these needs.
A Turnkey Blockchain Platform for Business
Dragonchain provides a commercial platform for application developers to rapidly and securely
deploy Blockchain applications while maintaining existing language development environments (e.g.
Java, Python, Node, C#, Go); a tremendous costing and speed to market advantage. The
Dragonchain architecture is also designed to allow nodes to handle approval of transactions based
upon five levels of network consensus to provide a spectrum of trust to data consumers; a level of
security and flexibility unseen in the market by current blockchain solution providers. These design
attributes position Dragonchain for exponential growth.
● Serverless system and smart contracts
● Established language support for smart contracts (Java, Python, Node, C#, Go, etc.)
● Scalable - Amazon AWS and Google deployments
● Secure - Protection of business data and operations
● Advanced currency implementations
● Smart contract libraries
● Currency Agnostic
Benefits
● Lower development cost utilizing existing development languages
● Faster speed to market
● Significantly higher levels of security
● Higher scalability
DragonFund Incubator
Dragonchain will provide project incubation as well as professional services with strategic
partnerships to develop successful tokenization ecosystems focusing on long term value. This
includes;
● Standard processes for the incubation of blockchain startups and new integrations
● Marketplace dashboard for community engagement to monitor and compare projects
● Direct access to legal, technical, marketing, and economic subject matter
experts as partners for advice and support
● Dragonchain platform team to model digital economics aligned with token model;
business design, user acquisition and retention, lifetime value, creation of network
effects, monetization models, data strategy, and KPI’s.
● Expedited launch cycles
● Sustainable token marketplaces
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Problem
Security on a Blockchain Platform
Data exposure and security is a known issue to large institutions wanting to leverage blockchain
technology, as they typically have very sensitive customer data that sometimes has regulatory
or legal risks associated (e.g. banking, health, identity, etc.). The data exposure risk can be
somewhat alleviated by either obfuscation or separation, however, in both cases, this requires
extra design and development work up front, as well as reduces somewhat the utility of the
blockchain system itself.
A so far generally unrecognized risk in the use of blockchain technology is that associated with
the public exposure of smart contract logic as necessary on most blockchain platforms. The
smart contract is exposed and transparent which means that the team must implement very
sensitive proprietary business logic in a separate system. Also, any obfuscated data may be
unraveled by an interested viewer of transactions.
Most important however is the combined risk of exposed data and business logic, as it is the
equivalent of placing your operational system, all of your data, and a bounty of funds in the
public domain. Unlike the well understood and successful open source model, where the
discoverer of a flaw or vulnerability in utility software is incentivized to to fix the issue or notify
the community of its existence, in the case of a discovered vulnerability on a blockchain, the
discoverer is actually incentivized to attack the smart contract and withdraw funds or valuable
information.
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Skill Set Challenge
Leveraging blockchain technology for real business initiatives is expensive and very risky in an
operational environment. This can be expected to result in low success rates as creation of
software without blockchain technology is already fraught with difficulty and the addition of a
relatively new technology such as blockchain with features such as cryptography, Proof of work,
economics, currency modeling, game theory, and custom programming languages is sure to
cause more trouble for a team as the overlap of these skills is particularly rare.
Dragonchain solves this problem by allowing development and integration before the economic
model is known. Monetization can be applied after a system is functioning and enough real data
is available for analysis.
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Solution & Business Focus
When Dragonchain was originally launched, the team had several goals in mind based upon past
experience developing blockchain solutions:
● Protection of Business Data and Processes
● Ease of Integration
● Simplified Development
● RESTful Interfaces
● Simple Architecture
● Short, Fixed Length Block Time
● No Base Currency
● Currency Agnostic with Multi-Currency Support
● Interoperability with other Blockchains
● Adoption of Standards
The platform was designed for use in a wide variety of use cases and applications. It is particularly
useful in non-financial systems and in monetization and modeling of micro-economies for example to
replace political economies within an organization with transparent rules to incentivize productive or
otherwise valued behavior.
Verification and Consensus
In the open source Dragonchain Architecture document , we introduced the concept of "context 4
based verification" wherein Dragonchain adds another dimension to the common blockchain model.
This new structure may be best thought of as a "blockchain of blockchains," where business nodes
handle approval of transactions based upon local and sometimes proprietary business logic.
The Dragonchain architecture provides five standardized levels of consensus to provide a
spectrum of trust to consumers of data;
- Business (Approval) Verification
- Enterprise (Validation) Verification
- Network Diversity Verification
- External Partner (Notary) Verification
- Public Checkpoint Verification
4 Dragonchain Architecture - https://dragonchain.github.io/architecture
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As the verification level increases for a block, security increases, risk decreases, and measure of
risk becomes possible.
Level 1 Business Verification (Approval)
Analogous to other blockchain systems, the business context provides localized approval of
transactions and operates primarily on a trust basis. Although a proof algorithm can be applied, it is
not necessary as data approved at this level can be considered trusted by the team that owns the
data and any other team that decides to trust that data. This may best be viewed as web services on
a blockchain, where developers familiar with web services or similar traditional services development
may productively leverage blockchain technology.
Use of this model has been shown to improve the blockchain technology learning curve, as well as
lower the risk of decentralized system development. A team can build atop the Dragonchain system
to integrate existing systems or add new capabilities without a full understanding of the economic
modeling that may later become valuable. That is, many projects have seen value by starting with
data transparency as a goal, followed by late binding to an economic model based upon historical
evidence.
Note that any data contained in the business defined payload of a transaction will not move
across the network unless explicitly authorized by the owner of a node(s).
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Level 2 Enterprise Verification (Validation)
This context is defined Enterprise or network wide, and checks for block and individual
transaction validity in form, signature, and required data elements. This can be considered as
providing “Real-time Enterprise Governance” with rules defined at the Enterprise level for
validation of all transactions regardless of the local business data.
Level 3 Network Diversity Verification
A Level 3 node will verify diversity of validation (Level 2) verifications. This verification context
will ensure that validations of transactions are coming from a sufficiently diverse set of
distributed sources. It also provides control and measurement of network effect and provides
distributed security as an attacker would be required to attack multiple systems, businesses,
and data centers in order to tamper with existing data.
Level 4 External Partner Verification (Notary)
A level 4 node will provide a notary functionality to the consensus process. Hosted by an
external partner, a level 4 node cryptographically signs any level 3 verification records that it
receives. This function allows the Level 4 node to act as an independent witness to level 3
verifications.
Level 5 Public Verification (Public Checkpoint)
A Level 5 node will provide a bridge to one or more public blockchains and allow clients to
interact with them (e.g. Bitcoin, Ethereum, Litecoin, etc.).
With this, Dragonchain is able to provide a spectrum of trust for the consumer of blockchain
data, where risk is accepted based upon a combination of real world contracts, reputation of
nodes, and trustless system assertions. That is, one may trust one’s own data as valid, but
require varying levels of consensus verification before accepting a partner or foreign node for
use. The system will provide a human readable report as well as API access to this capability.
Currency
Dragonchain is intentionally “currency agnostic”. That is, the architecture defines the ability to
create a blockchain without currency, or with one or more currencies in place. We've
experimented with and expect to make available interesting currency features.
See the Dragonchain open source architecture document for a full description of the currency
architecture.
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Serverless Deployment
With the commercial launch of Dragonchain, Inc., we are leveraging the architecture of the
Dragonchain platform to provide a serverless blockchain platform for business use.
Dragonchain’s hybrid model allows a serverless approach, because the smart contracts are
executed in a traditional model and on a trusted node. A team can productively use the talents
of a traditional software engineer, along with best practices devops to build a system, whilst
leveraging the capabilities of blockchain technology.
We will initially launch on Amazon AWS, with the entire system using AWS Lambda services,
and with all user provisioned smart contracts deployed as Lambda services. Deployment in this
manner will provide to the user the full scaling capacity of the AWS platform as well as all
available services. In the future, we expect to port the system for deployment to Google App
Engine and Apache OpenWhisk for internal datacenter deployment.
Availability of Established Languages
With this arrangement, and due to the abstraction of trust provided by the Dragonchain
architecture, the user has access to multiple full languages as supported by AWS :
5
● Python
● Java
● Node.js
● C#
These languages are consistently ranked in the top 10 for usage in the real world in such
surveys and studies as Redmonk Programming Language Ratings , Stack Overflow Developer
6
Survey , Github Language Trends , and PYPL Programming Language Popularity Index .
7 8 9
Availability of popular, established, and well understood languages for safe and secure use on a
blockchain is a valuable capability in convenience and risk to the team and for adoption of the
Dragonchain platform. Millions of active developers currently code fluently in one or more of
these languages and Dragonchain will provide an easy path for these developers toward the
use of blockchain technology.
Dragon Tokens
Dragon tokens (AKA Dragons) represent a tokenized license for interaction with Dragonchain
commercial platform services. The tokens will be issued and provided to the public via an open
5 AWS Lambda FAQs - https://aws.amazon.com/lambda/faqs/
6 Redmonk Programming Language Ratings - http://redmonk.com/sogrady/2017/03/17/language-rankings-1-17/
7 Stack Overflow Developer Survey 2017 - https://insights.stackoverflow.com/survey/2017#technology
8 The State of the Octoverse 2016 - https://octoverse.github.com/
9 PYPL Programming Language Popularity Index - http://pypl.github.io/PYPL.html
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sale in 2017. For more information, check the official token sale page:
https://dragonchain.com/tokensale.
Utility
Dragons will be used by developers and organizations to interact with the Dragonchain
commercial platform products and services (e.g. launch nodes, provision smart contracts,
access incubator dashboard, etc.). As a tokenized license with value in utility service rights, the
tokens will further allow individuals or organization to be rewarded in an open market for running
public or private nodes for network consensus.
Dragons will also be used to support projects in the DragonFund Incubator. They will provide
early access to technology and data from the projects, as well as allow first access to purchase
tokens for use on the developed platforms.
For the Dragonchain Foundation, the maintainer of the Dragonchain open source code,
Dragons will be used to reward and incentivize developers contributing to the open source
project and related projects. The tokens will be used to increase adoption in the developer
community with rewards and training. Community members will be able to contribute on issues
and designs, and reward active participation in the development of important functionality
anywhere in the world.
Team
Joe Roets - CEO / Principal Architect / Vision
Dragonchain Foundation, Disney, Lockheed Martin, FBI, DoD, Symbiont, Overstock : 25+
Years Software Development Design and Architecture.
George Sarhanis - Chief Business Officer / Business Strategist / Partnering
Dragonchain Foundation, Digital Ventures Group, Big Fish Games, Sega of America,
Googlet : 17+ Years Business Management, Strategy, Finance, Partnerships
Brandon Kite - Lead Developer - Open Source
Dragonchain Foundation, Disney
Dylan Yelton - Developer
Dragonchain Foundation, Disney
Alex Benedetto - Developer
Dragonchain Foundation, Disney
Chin-One Chan - Marketing Manager Asia / Evangelist
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Microsoft Corporation, Buzz Bee Marketing, 8ninths, Accessor Capital, Potomac Capital
Sabrina Gasson - Marketing Manager Europe / Evangelist
Kuju Entertainment, Testronic Labs, Konami Digital, Big Fish Games
Mike Grabham - Incubation Lead
Start-up Grind NW Chapter Director, Start-IT TV Host, Founder of multiple successful
start-ups
Chelsea Anderson - General Counsel
GSB Law, Seattle WA US
Scott Warner - IP Attorney
GSB Law, Seattle WA US
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Go To Market Strategy
Dragonchain will penetrate the market through developer relations, corporate sales, and start-up
services ranging from advisory to financing to development. To achieve this, the team and go to
market protocols are assigned across a geographic emphasis with market managers across 3
separate regions; Asia, USA, Europe. The role of the market manager is primarily concerned
with localization issues and second the specific market tailored offerings.
The nucleus of Dragonchain’s growth will stem from a blend of technology and incubation
services. The technology model is similar to Amazon’s AWS model, and the incubation model is
similar to Y-Combinator. Both highly prominent organizations that are deep rooted with
community and market success.
Professional Services
Dragonchain will provide two levels of professional services, those offered by company staff and
those provided by qualified preferred vendors. This will be for the purpose of helping new
offerings into the world of blockchain and token offerings to successfully launch that allow for
value creation, operational flexibility, and competitive advantage.
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Services will span across legal, strategic, marketing, development, and finance. Assigning
preferred vendors will allow Dragonchain to reach and support an international audience.
Incubator
Incubator & Fund : DragonFund works with companies to help them identify how blockchain
technology and smart contracts can advance their mission, and in select cases to build-out
token marketplace environments that will build and increase long term value. Dragonchain will
benefit from licensing fees and token ownership. We will also provide access to strategic
resources to advance an incubated project.
Projects Under Incubation
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.
Website: http://www.looklateral.com
Location: Mantova, Italy & San Francisco, USA
Seed2You
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.
Website: http://seed2you.biz/index.html
Location: Seattle, WA
LifeID
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
permissionless blockchain that will be governed by identity holders. This means anyone can
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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.
Website: https://lifeid.io/
Location: Bellevue, WA
IDPay
Existing company providing solutions for Government Treasury, 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.
Location: San Jose, Costa Rica.
ClevX
An intellectual development and licensing firm focused in the area of security offerings.
Maintains a strong dominance in government accounts through value-added resellers for their
FIPS Level 3 authentication designs.
Website: http://www.clevx.com
Location: Kirkland WA USA
Legal
A Dragon token represents a tokenized license for interaction with Dragonchain commercial
platform services. A Dragon token does not represent ownership or equity in any company and
as such should not be considered for potential increase in value, but rather for its utility value as
described in the Dragonchain White Paper.
Location: US based sale
Legal Representation by GSB Law
See token sale page for detailed information.
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Contact Information & References
Telegram: Announcements Channel & Discussion Group
General Inquiries: [email protected]
Token sale questions: [email protected]
Technical Support: [email protected]
Press Inquiries: [email protected]
Twitter: @dragonchaingang
Dragonchain Foundation - https://dragonchain.github.io/
Dragonchain Architecture - https://dragonchain.github.io/architecture
Blockchain Use Cases Document - https://dragonchain.github.io/blockchain-use-cases
Dragonchain Github - https://github.com/dragonchain/dragonchain
News Articles - https://dragonchain.github.io/blog/
©2017 Dragonchain Dragonchain Commercial Platform v6 Page 15 of 15
Dragonchain Commercial Platform
Version 6
September 2017
Copyright ©2017 Dragonchain