Topic: [ANN][ICO] : DIGITAL CURRENCY FOR CASINOS & PLAYER - page 25. (Read 26169 times)
With BTC and ETH sold down during this period... good time to buy ETH to invest into good alt coins such as Dragon.
this looks promising special given that this is in this particular platform.
I think this is a great opportunity for everyone,including the traders and the team involved in this project.
And it's chance to gain more clients. This will be great for everyone.
I think this is a great opportunity for everyone,including the traders and the team involved in this project.
And it's chance to gain more clients. This will be great for everyone.
Definitely, an amazing project as I read on their white paper. Very promising project that having a possible that everyone will convinced those users and investors. This project is intended those gambler that for sure will support them gaining enough profit in the future.
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
this looks promising special given that this is in this particular platform.
I think this is a great opportunity for everyone,including the traders and the team involved in this project.
And it's chance to gain more clients. This will be great for everyone.
I think this is a great opportunity for everyone,including the traders and the team involved in this project.
And it's chance to gain more clients. This will be great for everyone.
Great idea , wishing all the best on your project 
Most likely there will be this and that, because these are gambling games and besides they will have their own token. Which means that this project should at the end of the year be a great success in the market of crypto currency.
This token will works will dices or only with roullette and etc? Anyway i like gambling, i playing since 2013, will watching on this project.
A good idea of a coin for an already existing business, I hope with this token will be better than with many projects of tokens for electronic games. Good luck to the team.
If you not yet join dragon official telegram group, let's join now
Dragon Community in Hindi
https://t.me/DragonOfficialHindi
https://t.me/DragonOfficialEng
Don't missed any cool update from our official team members.
I am all in for this Dragon Coin!!
That's good to hear mate. Let us keep promoting and tweet about this new casino coins. Will wait for the successful of this project.
A good idea of a coin for an already existing business, I hope with this token will be better than with many projects of tokens for electronic games. Good luck to the team.
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. 
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?
I think casinos can make the coin restricted to only VIP..more so there is like 500 million total supply so i think volatility rate might not be as much as you might think if for example say a single token will be like 100$ or 300$. So it might just be on the token price at the end
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 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.
good job
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
This double token system is used by a number of ICO too. POWR Ledger which allows peer to peer trading of renewable energy had implemented the same system and it is doing well with this system.
It allows the coin that is being used as the underlying utility coin (in this case, DGC) maintains a stable value
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
I have done a detailed calculations for Dragon Coins and how much they should be worth, based on the Macau's junket industry size as well as the amount Dragon has captured of this industry. I am looking at a minimum of $33 in the short term.
This is a undervalued ICO in my opinion.
Wow, you did a really great job, calculated the cost of the coin, it's probably very difficult. Why are you sure that it is $ 33 that is the appropriate value of these coins?This is a undervalued ICO in my opinion.
I usee the rolling chip drop or volume and data from the Macau Gaming Inspection and Coordination Bureau to estimate the likely trading volume of DRG as well as the marketcap.. take a read of my article and calculations
https://steemit.com/dragoncoins/@boonster/opinion-piece-what-is-the-true-value-of-dragon-coins
Let me know if u got any comments and i can improve on the calculations
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?
Another amazing project! And additionally, a really cool one. It is a new digital currency for casinos and players. I guess that this project is very popular and eye catching to the people who really loves playing casino. So also, using this, it is possible that the Dragon will reward us, if we buy any of the packages using our friend’s Referral Code. Both us and our friend will receive additional DRG bonus! And that's beneficial to the users of this Dragon Coin. I'll be looking forward to this project but I really appreciate the bonus and reward to the people by this new project.
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