Dragonchain Token Sale

[j753k]

Approx how many coins will I get for 1 ether if 100 million usd is raised?

[Dopert]

Approx how many coins will I get for 1 ether if 100 million usd is raised?

In my calculation that is;

100.000.000 / 433,494,437 = 0,23 dollar cent

Eth 250 dollar / 0,23 = 1087 tokens

[CryptoJudgement]

Here's my new blogpost on Dragonchain:

https://medium.com/@cryptojudgement/dragonchain-disneys-multi-purpose-blockchain-solution-8b6b93ca12f1

[Dopert]

Its a remakble entrance for a ico. It those not lean on the crowdsale very much, but all on the potential costumers. They already prove there potential so its all about the future clients how mutch tokens will increase in value. Its a nice balance of earning and effort  bet dragon qualities are worth it.

[DragCommDavey]

Approx how many coins will I get for 1 ether if 100 million usd is raised?

In my calculation that is;

100.000.000 / 433,494,437 = 0,23 dollar cent

Eth 250 dollar / 0,23 = 1087 tokens

This is essentially correct, although I would just like to reiterate that any speculation on price or amount raised at this point is purely speculation. There will be a full professional audit following the completion of the crowdsale to determine the actual price of the token.

[Dopert]

Approx how many coins will I get for 1 ether if 100 million usd is raised?

In my calculation that is;

100.000.000 / 433,494,437 = 0,23 dollar cent

Eth 250 dollar / 0,23 = 1087 tokens

This is essentially correct, although I would just like to reiterate that any speculation on price or amount raised at this point is purely speculation. There will be a full professional audit following the completion of the crowdsale to determine the actual price of the token.

A littla detail queston, does Dragon determine the value of buying on purchage date or excute token date?

[Dopert]

Approx how many coins will I get for 1 ether if 100 million usd is raised?

In my calculation that is;

100.000.000 / 433,494,437 = 0,23 dollar cent

Eth 250 dollar / 0,23 = 1087 tokens

This is essentially correct, although I would just like to reiterate that any speculation on price or amount raised at this point is purely speculation. There will be a full professional audit following the completion of the crowdsale to determine the actual price of the token.

A littla detail queston, does Dragon determine the value of buying on purchage date or excute token date? (Big question for little boy with 1000 dollar, but so, every penny is a penny for me also).

[DragCommDavey]

Approx how many coins will I get for 1 ether if 100 million usd is raised?

In my calculation that is;

100.000.000 / 433,494,437 = 0,23 dollar cent

Eth 250 dollar / 0,23 = 1087 tokens

This is essentially correct, although I would just like to reiterate that any speculation on price or amount raised at this point is purely speculation. There will be a full professional audit following the completion of the crowdsale to determine the actual price of the token.

A littla detail queston, does Dragon determine the value of buying on purchage date or excute token date?

Immediately following the end of the crowdsale there will be an audit to determine the value of the token by the total amount raised. The price of ETH will be pegged to the price of BTC at the close of each day on bittrex. For example, if your ETH contribution is equal to 1 BTC, at the end of the crowdsale you will receive the equivalent of 1 BTC in dragons.

[Dopert]

Okay, at the end of crowdsale the sponsers will be measured at the date of sponsering and that day value on bittrex. So its the purchase date.

[antonio8]

Just finding this.

On the Web Page when using BTC it says to enter ERC20 address to recieve Dragons.....

What and where is this ERC20?

[twnt22]

Just finding this.

On the Web Page when using BTC it says to enter ERC20 address to recieve Dragons.....

What and where is this ERC20?

You will need an Ethereum wallet address such as MyEtherWallet to receive the token.

[crafty]

Plans for any airdrop? I believe this coin now has nothing to do with Disney. Right? If thats the case then its not as lucrative as it seems. I may be wrong though.

[milly6]

Plans for any airdrop? I believe this coin now has nothing to do with Disney. Right? If thats the case then its not as lucrative as it seems. I may be wrong though.

No airdrop.

[antonio8]

Just finding this.

On the Web Page when using BTC it says to enter ERC20 address to recieve Dragons.....

What and where is this ERC20?

You will need an Ethereum wallet address such as MyEtherWallet to receive the token.

Thanks for the response.

Would the Ethereum Wallet 0.9.1 still be compatible.

I have not messed with ETH for over the year now but would like to try this out.

If so the Dragon's would be in the ETH wallet then or there will be a Dragon wallet coming out later?

EDIT: Ok trying to figure this out. I am loking for an ERC20 wallet that I can download instead of an online one.

[sandler425]

How the HELL do you plan to use an ERC-20 token to compete with ETH? 

Disney you didn't think this through.  And by having no cap, you will get less money than you would if you actually put a cap on it.

[akai]

The combination of the blockchain and the terminal of the hashes has always been what people have been pursuing. It is the aspiration of the libertarians, and the people like the unfettered world, and I think the future world must be free.

[lurker6914]

How the HELL do you plan to use an ERC-20 token to compete with ETH? 

Disney you didn't think this through.  And by having no cap, you will get less money than you would if you actually put a cap on it.

Disney has nothing to this with this token anymore.

[DragCommDavey]

Just finding this.

On the Web Page when using BTC it says to enter ERC20 address to recieve Dragons.....

What and where is this ERC20?

You will need an Ethereum wallet address such as MyEtherWallet to receive the token.

Thanks for the response.

Would the Ethereum Wallet 0.9.1 still be compatible.

I have not messed with ETH for over the year now but would like to try this out.

If so the Dragon's would be in the ETH wallet then or there will be a Dragon wallet coming out later?

EDIT: Ok trying to figure this out. I am loking for an ERC20 wallet that I can download instead of an online one.

There are currently no plans for a dragon wallet. As far as a dsktop ERC20 wallet, Mist and Parity both have desktop applications I believe. But please, don't take my word for it. I would suggest you do a whole bunch of research and find the wallet that you are comfortable with.

How the HELL do you plan to use an ERC-20 token to compete with ETH? 

Disney you didn't think this through.  And by having no cap, you will get less money than you would if you actually put a cap on it.

Yes, the token is an ERC20 token, but the platform is a proprietary blockchain platform. Please have a look at our whitepaper and FAQs for more information on DragonChain (I will link them at the bottom).

Most ICOs arbitrarily set the price of their tokens and use bounties, airdrops, and bonuses to entice people to buy, we prefer to let the market set the price. By doing it this way we are helping to ensure stability with the token. We don't have a hardcap, but we have capped the amount of tokens and no more will ever be created.

Re: Disney (from the FAQs):

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 publicly via the W3C [Suspicious link removed]munity Group. The platform was later released as open source software under the Apache 2 license in October of 2016.

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. 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.


FAQs: https://dragonchain.com/faq
White Paper : https://dragonchain.com/assets/Dragonchain_Business_Summary.pdf

[buddynuno]

If Dragonchain sells all tokens then at the price of 24 cents per token that would make almost 100 million marketcap when it hits the markets. That is a bit to high for someone aiming for a short term ROI flip.

[twnt22]

Are there any special announcements coming up that may stimulate the crowdsale? It's interesting watching peoples speculation with a month to go!