DragonCoin A Decentralized Currency For Casinos and Players.

in #dragon6 years ago


Dragon is fortunate and fortunate to have close ties with junket operators, who with their long history in the industry have established close relationships with the top level VIP players who are the main drivers of the gaming industry in Asia.


Dragon Coin will act as a frictionless, low cost and transparent alternative financial mechanism within Casinos to improve the industry of the ancient gaming industry. With its expertise in blockchain technology, Dragon's goal is to revolutionize the long-term gaming industry and benefit those rooted in the industry, as well as all members of the public who come together on the road to achieving Dragon Coin's goals.


Features


Buy DRG from an exchange

A player buys our Token DRG ERC20 from a crypto coin exchange.

 

Exchange DRG for DGC

The Tokens DRG ERC20 are exchanged for DGC (Dragon Global Chips) in our partner Casinos & Junkets, to be used? in the Casino.

 

Profits

The winnings paid to the player can be converted back to DRG, another crypto currency or the player has the option of receiving a payment in FIAT.

 

Burn Supply

A portion of the winnings is used to buy back DRG chips and burn them to reduce the total supply.


Problem


 Hundreds of high roller' Elite Gamers' travel to Macao every week of the year to play baccarat and other games of chance in junkets (VIP gaming rooms with a minimum bet of millions of dollars) that operate separate cost centers for stock groups within the top level casinos of the complex.

Many millions of dollars flow through the tables in these lounges on a daily basis and tour organizers suffer exorbitant fees as they arrange for a VIP player to risk such high volumes of bets as soon as they arrive. Then, after enjoying the hospitality of the games and the junket, your high-performance VIP guests incur similar fees in repatriation of their winnings - a junket often needs to organize a multi-million dollar stake money to be available when every elite player arrives in Macau. The current cost of a junket to make the necessary financial arrangements is a minimum of 5%. As for the players, they are usually forced to pay between 5% and 7% for the costs associated with repatriation of their winnings, and a long trip to Macao could be the accommodation of more than 100 elite players at any one time, often producing a turnover in excess of $250 million per day. With this level of table play and constant rotation of players, the friction costs incurred by both participants and their demanding guest elite players related to the positioning of betting money and repatriation of winnings are enormous and punitive.


Solution


 The advent of Fintech's solutions, whereby money can be effortlessly converted into digital tokens and then moved instantly within an ecosystem while keeping track of it safely, and all at a very low cost, offers Macao travelers a highly attractive technological solution that will drastically reduce their high entry friction costs.


Mission


Issue debit cards on a global master card/visa network for all Dragon Platform members. It will give you the opportunity to withdraw cash and also settle purchase and service charges directly from your Dragon account.

Implement its own network of ATMs compatible with digital tokens. This will begin in mid 2018 with these' Global Cash Machines' that will appear in Dragon Junkets and all affiliated junkets and casinos.

And within approximately three years with the Dragon brand well established in Macao and disseminated through the international casino industry, Dragon Inc. plans to open the first in a series of Dragon branded hotels and casinos.

The Dragon Junket. Unlike the existing exchange system, players wishing to attend Dragon Junket will not need to register at the site. Instead, in their spare time, they can become Dragon Community members by applying online, going through the registration procedure and KYC/AML and installing a Dragon Community wallet on their smartphone. This can be done on the spot, but most members will have done it before they get to Dragon Junket.


Token


 Symbol symbol: DRG

Token supply total: 500,000,000.000Token type: ERC20

Sales Time Token: December 8,2017 to December 31,2017,12:00 p. m. (Macao Time)

Percentage owned by the Founder: 10%.

Percentage advisor: 1%

Percentage owned by the Treasury: 7%.

Percentage of reservations: 10%.

Percentage of sales through sales token: 72%. 


Team


Chris Ahmad - Founder and CEO

Paul Moynan - Founder

Chayuttana Panchat - Director of Business Development and Finance

CTO - Yobie Benjamin

Tutor

Nick Spanos: Bitcoin's banker

Dean Cannell - CoinFabric

become Las Choi - Experienced sketch operator

Vlatko gig - block sign economic signs

Christopher Kannuchchiari - Bitcoin Bank

Dean Anastos - BlockchainDevelopers. org

Abdul Qaiyoom - risk specialist and expert units

Samuel McCulloch - SmartICOInvestor. com

Max Garza: key research and technical research


Important Links


Website: https://www.drgtoken.io

White Paper: https://s3.amazonaws.com/drg-token/Whitepaper-Dragon.pdf

ANN: https://bitcointalk.org/index.php?topic=2524680.new#new

Facebook: http://www.facebook.com/dragoncoin.online

Twitter: http://twitter.com/DragonCoin

Reddit: https://www.reddit.com/r/DragonDRG/

Telegram: https://t.me/joinchat/FSgY4RI3tNfalmD2sbIZRg

YouTube: http://www.youtube.com/channel/UCG9Ep0pYsSujqcfmCjHSlAQ/featured


 

Author

bitcointalk user: Criptosistemas                                                     

Profile: https://bitcointalk.org/index.php?action=profile;u=1425520  

Myetherwallet: 0x10aF61e98fB8264d9dc653a32D60319591B303bf 

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Dragon is fortunate and fortunate to have close ties with the stockbrokers, who with their long history in the industry have been engaged with the top level VIP players who are the main drivers of the gaming industry in Asia.

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