hello i am looking at you road map.....when you say larger incumbent projects will be bag logged ? means is that you referring the ico funding ? or market cap value when it in exchanges ?
That is referring to future projects based on the amount raised during our ICO. We can scale to fit any amount raised.
Few questions.
I see mentions of a presale of 1.5m USD worth of Dragon, but why isnt that calculated into the total supply?
Secondly, what are ALL uses of the Dragon token? The platform seems great, but there isnt a clear connection of the token to the platform, so why would the token increase in value along with any successes of the platform? Something like ETH/IOTA has clear value in their respective platforms and that is one reason they are so successful.
I'm not sure exactly what you are asking with the first question.
The uses of DRGNs are laid out in the FAQs
https://dragonchain.com/faq/Dragons are used for access to any part of the platform (eg spinning up a node, provisioning smart contracts, subscribing to data feeds, access to advanced smart contract libraries, access to incubated projects, and early/discounted access to incubated project tokens)…
Have a look at our architecture document for a more info on that
https://dragonchain.github.io/architectureIts kind of hard to trust anything written on this thread, since it's a self moderated thread. There is never a reason for a trustworthy company to utilize a self moderated platform. You should let everyone voice there opinion and address them as it comes in. Anyway, i won't be surprised if this is deleted, i just had to voice my opinion.
Everyone is free to voice whatever opinion they have on this thread. We do not delete peoples posts.
This looks interesting and I will invest a tiny amount. Why tiny? Well, I don't understand why you choose an ERC-20 token instead of minting your own coin on your own blockchain. I know that ETH is the standard when it comes down to ICOs, but ETH seems to be a competitor. So, why give it credit? Second reason is the uncaped ICO.
Nevertheless this is the second - yes! second - ICO I've been joining since 2014. Therefore I'm really convinced DRGN can achieve something.
DRGNs are ERC20 tokens to leverage existing infrastructure like wallets etc and to make it easier to list to exchanges.
We are planning to provide a peg to ETH much like we do now to BTC - to provide security in L5 of the consensus process.
We will be running Ethereum nodes in order to accept and transfer Dragons as well.
There will be technical details to work out on how to handle node to node vs human UI interaction, but for the time being, Dragons will live on the Ethereum chain and be used from there.
We could consider a swap later, but that's not a concern right now.
