Topic: [ANN][ICO] : DIGITAL CURRENCY FOR CASINOS & PLAYER - page 24. (Read 26169 times)
good project success is inevitable for the team ..
2 Billion generated annually just on gambling flow is really huge and been tokenized will actually make dragon coin price really high especially if total coin supply is in millions, is actually a good idea to buy some now. I just hope casinos are going to adopt it very well although many people hate KYC but is a good idea i think to regulate this one here.
Credit card is a good idea too lets wait to see how Dragon coin platform going to be and the experiences around it..it will surely determine its adoptions and customers acceptance
Of course the flow is huge, but it is necessary to create a structure in the casino for the reception of dragons. It's good that there is a real business to run a pilot project. Credit card is a good idea too lets wait to see how Dragon coin platform going to be and the experiences around it..it will surely determine its adoptions and customers acceptance
This is a very good project. It attracts more people in the community, but the primary problem that the people browsing this ANN Thread is that, the image is hard to load. And yes, that's true, me as well have hard time to load this. I hope that you can fix this simple problem that people are complaining about. There are busy people that will not take so much time to wait for the provided information to just load. Even if they wanted to know about this, they will just ignore it and look for other. But then, I hope for the better improvements of this project.
I have a hard time loading the image too. Better if they would add some text explanation so that those user who have a problem in internet connection can easily read the description. The new to this project, I think is that it can be bought directly using fiat currency. But hoping it would also add an exchange from token to fiat.
If i have not misunderstood, as they said at the picture that we can buy Dragon Coin Token a both way altcoins: BTC, ETH, LTC, XRP and credit card?1- Purchase DRG from an Exchange
A Player purchases our DRG ERC20 Token from a Cryptocurrency Exchange.
2- Exchange DRG for DGC
The DRG ERC20 Tokens are then exchanged for DGC (Dragon Global Chips) at our partner Casinos & Junkets, to be used in the Casino.
3-Winnings
Winnings that are paid out to the Player can be converted back to DRG, another cryptocurrency or the Player has the option of receiving a pay-out in FIAT.
Isnt that way way way too much effort for gambling though? I'd rather just gamble with cash and cashout in cash. Then use the cash I won to buy whatever I want instead of going through that convoluted mess
That's' why this project is likely to fail.
Can you imagine a VIP in casino making some shady deals with crypto: exchanging, transferring and etc.?
Once offered he would likely never come back.
Actually your concern could be unfounded. While it is possible for a VIP gambler to be making some shady deals... This apply for any crypto currency especially for the anonymous currency like Monero.
In dragon's case, they will have AML/KYC in place for the members who want to be on the Dragon platform.. so shady deals would not be anonymous and would be deterred
I guess you've understood my "unfounded"(?) concerns wrong.
When you have a cash to gamble it's stupid to transfer it to crypto. It's a useless option for gamblers much less for VIP ones.
But, maybe, it could work for people who came into casino already having some DCs, but who will transfer it initially, that's a question for me.
Just did another article for Dragon.
https://steemit.com/dragoncoins/@boonster/blockchain-for-macau-s-gambling-may-be-just-what-the-government-needs
Do take a look guys and gals!
it was nice to read your news. I like when are statistics, not just the word. use coins very well-described. you move in the right direction, good luck. https://steemit.com/dragoncoins/@boonster/blockchain-for-macau-s-gambling-may-be-just-what-the-government-needs
Do take a look guys and gals!
Dragon Coin sounds like a bitter- sweet coin. Making things easier for gamblers yet encouraging them to bet. But really it sounds like the best thing that can happen to casinos and a boom coin coming pretty soon. It has a real life problem and has proposed a genuine workable solution. I'm watching out for this one with great anticipation
I have a hard time loading the image too. Better if they would add some text explanation so that those user who have a problem in internet connection can easily read the description. The new to this project, I think is that it can be bought directly using fiat currency. But hoping it would also add an exchange from token to fiat.
If i have not misunderstood, as they said at the picture that we can buy Dragon Coin Token a both way altcoins: BTC, ETH, LTC, XRP and credit card?1- Purchase DRG from an Exchange
A Player purchases our DRG ERC20 Token from a Cryptocurrency Exchange.
2- Exchange DRG for DGC
The DRG ERC20 Tokens are then exchanged for DGC (Dragon Global Chips) at our partner Casinos & Junkets, to be used in the Casino.
3-Winnings
Winnings that are paid out to the Player can be converted back to DRG, another cryptocurrency or the Player has the option of receiving a pay-out in FIAT.
Isnt that way way way too much effort for gambling though? I'd rather just gamble with cash and cashout in cash. Then use the cash I won to buy whatever I want instead of going through that convoluted mess
That's' why this project is likely to fail.
Can you imagine a VIP in casino making some shady deals with crypto: exchanging, transferring and etc.?
Once offered he would likely never come back.
Actually your concern could be unfounded. While it is possible for a VIP gambler to be making some shady deals... This apply for any crypto currency especially for the anonymous currency like Monero.
In dragon's case, they will have AML/KYC in place for the members who want to be on the Dragon platform.. so shady deals would not be anonymous and would be deterred
I guess you've understood my "unfounded"(?) concerns wrong.
When you have a cash to gamble it's stupid to transfer it to crypto. It's a useless option for gamblers much less for VIP ones.
But, maybe, it could work for people who came into casino already having some DCs, but who will transfer it initially, that's a question for me.
2 Billion generated annually just on gambling flow is really huge and been tokenized will actually make dragon coin price really high especially if total coin supply is in millions, is actually a good idea to buy some now. I just hope casinos are going to adopt it very well although many people hate KYC but is a good idea i think to regulate this one here.
Credit card is a good idea too lets wait to see how Dragon coin platform going to be and the experiences around it..it will surely determine its adoptions and customers acceptance
Credit card is a good idea too lets wait to see how Dragon coin platform going to be and the experiences around it..it will surely determine its adoptions and customers acceptance
I'm waiting for the day it will be used on the main websites I use to enjoy myself with some hardcore gambling, that's so fun to see.
That's good news for but don't be addicted to gambling, It can make your earnings in your pocket disappear just play safe and don't invest.
I agree, playing in casinos or any gambling needs great strategies and pure luck to wins. Also you need to control yourself specially when you are running of funds. Anyway, about the project I have a strong feeling that it will succeed by the help of active promoters to attract more investors to support this project.
Nice, I have read about the dragon debit card and it focus my attention to it. I really hope that you will provide this card to all users of digital currency for casinos and players. By the way, is there any plan to give free airdrops?
I start to read the whitepaper and I found these terms that help me understand about Dragon project, I hope if they can make a video would be something very useful.
| Term ,,,,,,,,,,,,,,..........,,, | Definition |
| Junket | A private room in a casino, branded and operated by investors who pool funds to provide gaming services to VIP guests. |
| Negotiable Chip | Betting chips that can be converted to cash or used for rolling bets to earn commission. |
| Non-negotiable Chip | Betting chips used for betting and witch do not earn commission. |
| Rolling Commission | Commission paid to gamers when they place a bet using negotiable chips. |
| Dragon Wallet | Digital wallet which also allows users to (i) store DRG, DGC and other digital tokens; (ii) perform transactions within the application; and (iii) perform other communication functions. |
| Digital Currency Exchange | Online exchange platform on which digital currencies are bought and sold. |
| Global Cash Machine | An Automated at currency machine which allows users to (i) withdraw at currency from blockchain assets, and (ii) deposit at currency into wallets. |
| Dragon Junket | A branded VIP and/or co-operated junket in Macau which only accepts Dragon Global Chips, and is accessible to all holders of DRG. |
| Dragon Global Chip (DGC) | A Digital utility token bought with DRG and exchangeable for physical gaming chips in Dragon affiliated venues |
| Affiliate Junkets | Junkets where Dragon Global Chips are accepted, including but not limited to the four key junket Partners |
| Lock up | A period of time during which certain categories of DRG subscribers are prohibited from selling |
| Dragon Inc. | Dragon Incorporation (BVI) Limited incorporated under the laws of British Virgin Islands |
What do we have here, a coin for VIP players in a casino? As far as I know, the junkets players can spend hundred millions of dollars especially if there is an occasion or event. Won't it make this coin more volatile?
That would be the point! More demand for dragon coins means a higher value for the coin and greater profit for us!
However i understand your concern.. how can a volatile coin be used by VIP gamblers to gamble in the casino?
The solutiom is the Dragon Global Chip DGC... it will be a family of DGC, the first will be DGC-HK which will be pegged to HK$1. This will be used for the casino gambling as it has a fixed value.
DRG is meant for the transfer of money and establishing the plafform and community
With the use of DGC the fees for VIP's financial arrangements will be cheaper as they say, but what are the payments for? It is like when you are transferring your cryptocurrencies to other wallets or exchange?
I have a hard time loading the image too. Better if they would add some text explanation so that those user who have a problem in internet connection can easily read the description. The new to this project, I think is that it can be bought directly using fiat currency. But hoping it would also add an exchange from token to fiat.
If i have not misunderstood, as they said at the picture that we can buy Dragon Coin Token a both way altcoins: BTC, ETH, LTC, XRP and credit card?1- Purchase DRG from an Exchange
A Player purchases our DRG ERC20 Token from a Cryptocurrency Exchange.
2- Exchange DRG for DGC
The DRG ERC20 Tokens are then exchanged for DGC (Dragon Global Chips) at our partner Casinos & Junkets, to be used in the Casino.
3-Winnings
Winnings that are paid out to the Player can be converted back to DRG, another cryptocurrency or the Player has the option of receiving a pay-out in FIAT.
Isnt that way way way too much effort for gambling though? I'd rather just gamble with cash and cashout in cash. Then use the cash I won to buy whatever I want instead of going through that convoluted mess
That's' why this project is likely to fail.
Can you imagine a VIP in casino making some shady deals with crypto: exchanging, transferring and etc.?
Once offered he would likely never come back.
Actually your concern could be unfounded. While it is possible for a VIP gambler to be making some shady deals... This apply for any crypto currency especially for the anonymous currency like Monero.
In dragon's case, they will have AML/KYC in place for the members who want to be on the Dragon platform.. so shady deals would not be anonymous and would be deterred
You can buy Crypto from many decentralised exchanges. Unless dragon doesnt want to list in any exchange your point is moot
well, if ı were an elite player and want to exchange my fiat currency to crypto currency ı would like to be an anonym layer thats why ı choose the crypto. Why should a gaming company concentrate for the money laundering? KYC is one of the problem that not too many gamers are going to get involved in this project.
I do not think that the gaming company will launder money, but the KYC is a real problem for many Americans and Singaporeans.I also didnt mean that they will launder money. What I just wondering is, why a gaming company interest for money laundering safety in the first degree? I see too many projects here and may be just %20 of these projects worried about money laundering and trying to find a security system how to avoid it. And most of these projects nothing to do with gambling or gaming industry. And because of the money laundering problem they add the KYC to their project !
Congrats to dev team for the successful launch of the proud dragon coin, a digital currency for casinos and player. Luck to play gamble and win dragon coin, hold it for the time dragon coin price increases ultimately give a hit for sale and gain profits. Love this launch which helps us filling excitement and profits. Good to invest in this attractive project.
After reading the whitepaper, I think it is a interesting project...Dragon coin is a new currency for casinos... As they are working for casino & if the ICO kicks then it will be the biggest project..
I'm waiting for the day it will be used on the main websites I use to enjoy myself with some hardcore gambling, that's so fun to see.
That's good news for but don't be addicted to gambling, It can make your earnings in your pocket disappear just play safe and don't invest.
I'm waiting for the day it will be used on the main websites I use to enjoy myself with some hardcore gambling, that's so fun to see.
With BTC and ETH sold down during this period... good time to buy ETH to invest into good alt coins such as Dragon.
Xmas is here! Low price of ETH means more Dragon coins you can buy haha
Just did another article for Dragon.
https://steemit.com/dragoncoins/@boonster/blockchain-for-macau-s-gambling-may-be-just-what-the-government-needs
Do take a look guys and gals!
https://steemit.com/dragoncoins/@boonster/blockchain-for-macau-s-gambling-may-be-just-what-the-government-needs
Do take a look guys and gals!
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