My First ICO - Why I'm Supporting DragonChain

To participate in the DragonChain ICO, click here.

I have been wary of participating in any initial coin offerings ("ICO"). Most appear to be overcapitalized vaporware with an inexperienced team and systemic regulatory/compliance issues. And regardless of the quality of the project, as a U.S. investor, most ICOs to date wouldn't even allow participation. This is all until the DragonChain ICO was announced.

DragonChain is the first ICO in which I am participating.

Here are a few reasons:

The Team

I've done a lot of work with venture capital firms over the years, and the investment decision almost always comes down to the team. I'm using the same approach. DragonChain has an incredible team of U.S.-based industry professionals behind it. From Overstock to Bloq to the FBI, the team has a breadth of background that is unmatched in the space. And the project itself was created by Disney, which has the midas touch.

The Product

The DragonChain commercial platform is similar to Ethereum, using smart contracts to enable business assets to be protected through serverless architecture. The platform uses known programming languages, such as Java, C#, Node, and Python, to name a few.

The potential use cases are breathtaking, including payment systems, enterprise systems, marketplaces, ticketing, legal (contracting/ediscovery). The list goes on and on.

There's also an incubator and a marketplace, which add further value. To read the whitepaper, click here. To view the roadmap click here.

U.S. Participation

Finally, DragonChain is allowing U.S. investors to participate in the ICO. This is encouraging from a compliance POV and shows the seriousness of the team (i.e. they actually talked to lawyers =).

To participate in the DragonChain ICO, click here.

Disclosure

I will receive a referral bonus for the DragonChain tokens purchased using my referral link.