Dragonchain Token Sale

[annz]

I have Dragons but I still don't understand what this slumber is about just can't get my head round this..do I put my coins in a wallet and I get rewards how do they see my coins why do they not have there own wallet ?......please in simple terms what is it...please.

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[annz]

ifiID && LookLateral ?

[annz]

unfortunate the Dragon coin holders are not very social.

[CryptoGorilla]

unfortunate the Dragon coin holders are not very social.

How do you mean, not social?

Have you been in the 2 telegramgroups?

[annz]

.why no chat on this here?

[iRunShow]

.why no chat on this here?

Not sure. This project seems to have 0 hype. Plus lots of grammar errors on the whitepaper....

[CryptoGorilla]

Over 70 percent of the posts of full members & hero members on bitcointalk have the worst English sentences in them.

Sometimes it is not even clear what they are saying.

I'm certain that with the DRAGONTRADER & normal DRAGONCHAIN telegram-groups, many people are asking their questions in those groups & don't feel the need to ask them here again.

I have to admit that there are too many messages in these groups & I prefer to calmly read this forum though.

[Cryptomrz]

I have Dragons but I still don't understand what this slumber is about just can't get my head round this..do I put my coins in a wallet and I get rewards how do they see my coins why do they not have there own wallet ?......please in simple terms what is it...please.

Slumber score it give you some discount from 10% to 40% when you buy tokens for the new ICO supported by dragonchain.
You have to put your dragons on your personal wallet to grow your slumber score and higther it is bigger are the discount.
No rewards for the coins ... just discounts based on the slumberscore
Here you can calculate it
https://dragonchain.com/slumber-score/

[r8st]

unfortunate the Dragon coin holders are not very social.

I disagree, I spend all day most days these days talking to other Dragon holders and people new to Dragonchain. Telegram is very active, it would be nice if some of that activity were transferred to Bitcointalk too... I would feel more inclined to participate in bitcointalk discussion of Dragonchain if a new thread were made or this one retitled.

[annz]

I like to chat on here....link from coin market cap be good for the coin

[CryptoGorilla]

I like to chat on here....link from coin market cap be good for the coin

What the fuck are you talking about?

[annz]

Thank you for the link ,I will buy some soon....

[Dopert]

Not happy with these clowns. Talking about dragon blockchain if its there name.
https://www.ccn.com/betting-blockchain-dragon-inc/   

[Riqelme]

It’s a hybrid system that lets a business, enterprise or startup to have its own chain and achieve enterprise consensus in stages all the way to one or more public blockchains.

As you can read on their twitter and website, their main goal is attempts to simplify integration of real business applications onto a blockchain. Providing features such as easy integration, protection of business data, fixed 5 second blocks, currency agnosticism, and interop features. They already have sign ups for the platform so I think it's going to worth a lot more in next few months.

They called them self the next Ethereum, and I actually believe them. Please comment and tell me what you think about this project.

source: https://dragonchain.com/

[annz]

I think talk cheap...and they should have there own wallet before launch .
I will drop all my coins if no wallet is available on there platform.

[bitChipper]

I think talk cheap...and they should have there own wallet before launch .
I will drop all my coins if no wallet is available on there platform.

They really dont need their own personal wallet...surely they will get added to a multi coin wallet soon.

Also whats wrong with MEW, its so simple and is more secure in a way.

I wouldn't dump your coins just because they dont have their own personal wallet 

[NewWorldCoiner]

I think talk cheap...and they should have there own wallet before launch .
I will drop all my coins if no wallet is available on there platform.

So earlier today you were going to buy some... Now you want to dump because there isn't a dedicated wallet? That's a good one! Absolute classic!

How many coins are working with companies that're traded on the Nasdaq? Do you think Cogint are bothered about a wallet?







 

[moustafab]

Hello,

I am a token holder but recently started to worry about the SEC and regulations for tokens that are considered a security.

Dragonchain was sold in the US and considers itself  to not be a security, but the SEC will be coming with regulations soon and im afraid they may disagree with this. Has this been thought out by the owners? What happens then? For more details on the SECs latest statement related this, see below. Not trying to spread fear on this but genuinely want to understand since I own the token.


"Second are ICOs where the lawyers appear to have taken a step back from the key issues – including whether the "coin" is a security and whether the offering qualifies for an exemption from registration – even in circumstances where registration would likely be warranted. These lawyers appear to provide the "it depends" equivocal advice, rather than counseling their clients that the product they are promoting likely is a security. Their clients then proceed with the ICO without complying with the securities laws because those clients are willing to take the risk.

With respect to these two scenarios, I have instructed the SEC staff to be on high alert for approaches to ICOs that may be contrary to the spirit of our securities laws and the professional obligations of the U.S. securities bar.

I recognize that in some ICOs there is no market professional involved. The SEC is undertaking significant efforts to educate the public that unregistered securities investments offered by unregistered promoters, with no securities lawyers or accountants on the scene, are, in a word, dangerous."

[ztto]

is dragon chain considered a platform with the tecnology to compete with ethereum

[NewWorldCoiner]

Hello,

I am a token holder but recently started to worry about the SEC and regulations for tokens that are considered a security.

Dragonchain was sold in the US and considers itself  to not be a security, but the SEC will be coming with regulations soon and im afraid they may disagree with this. Has this been thought out by the owners? What happens then? For more details on the SECs latest statement related this, see below. Not trying to spread fear on this but genuinely want to understand since I own the token.


"Second are ICOs where the lawyers appear to have taken a step back from the key issues – including whether the "coin" is a security and whether the offering qualifies for an exemption from registration – even in circumstances where registration would likely be warranted. These lawyers appear to provide the "it depends" equivocal advice, rather than counseling their clients that the product they are promoting likely is a security. Their clients then proceed with the ICO without complying with the securities laws because those clients are willing to take the risk.

With respect to these two scenarios, I have instructed the SEC staff to be on high alert for approaches to ICOs that may be contrary to the spirit of our securities laws and the professional obligations of the U.S. securities bar.

I recognize that in some ICOs there is no market professional involved. The SEC is undertaking significant efforts to educate the public that unregistered securities investments offered by unregistered promoters, with no securities lawyers or accountants on the scene, are, in a word, dangerous."

Yes, the regulations have been thought about by the team, and they have sought legal counsel in order to make sure they are exempt from registering as a security.

DRGN is a tokenized micro-licence which allows access to the Dragonchain platform. It offers no dividend or revenue for holding the token, and it was clearly stated in the whitepaper that you should not view the tokens as a speculative investment or expect profits from purchasing them. The SEC's regulations are the reason the team will not solicit exchanges to list DRGN, as this could be classed as a form of market manipulation.

The ICO's that have come under the SEC's scrutiny so far have been those which have led investors to believe they can expect profits by purchasing coins or tokens, either by promising a reward or dividend for holding them, such as the DAO, Munchee, and Plexcoin, or by claiming they are backed by some form of commodity, such as real estate and diamonds in the case of REcoin and DRC World.
https://www.sec.gov/litigation/investreport/34-81207.pdf
https://www.sec.gov/news/press-release/2017-227
https://www.sec.gov/news/press-release/2017-219
https://www.sec.gov/news/press-release/2017-185-0

The SEC also stated recently that it is possible for some ICO's to be exempt from regulation: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11#_ftn5

"It is possible to conduct an ICO without triggering the SEC’s registration requirements. For example, just as with a Regulation D exempt offering to raise capital for the manufacturing of a physical product, an initial coin offering that is a security can be structured so that it qualifies for an applicable exemption from the registration requirements."

To be clear, I'm not offering you legal or investment advice, and if you're concerned about any risks involved in holding DRGN you should consult your lawyer.