[ANN][ICO] : DIGITAL CURRENCY FOR CASINOS & PLAYER

[cammie16]

Dragon Coin Equals,"easy life for elite gamers. This project will make work easier for everyone involved in the gaming process from start to finish. The casinos will have tremendous boom, if this problem and solution stated is achieved. Let's wait and see giw this goes

Easy life sounds great for gamblers who don't want to be hassle. This could also lessen the burden of the gamblers because it's all in electronic transaction. This project seems only gamblers can benefit its services and I am hoping at least they can offer also for non gamblers.

Yes, I am also hoping that this project will add a feature that not only gamblers will benefited also all those people who is interested to participate in the project. Looking forward for more developments of this project.

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[rabotacoin]

In my opinion this is very convenient for fans of casinos. This project will bring something new and special to the world of gambling. For many, it will become like a pleasant bonus in your favorite pastime. I will follow the news and updates of this project.

[BranZolt]

Interesting, another one of the best mineable coin,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.all the best everyone.

[Ted Kin]

In my opinion this is very convenient for fans of casinos. This project will bring something new and special to the world of gambling. For many, it will become like a pleasant bonus in your favorite pastime. I will follow the news and updates of this project.

This is not only a bonus for amateur gambling. I think the dragon coin can be a good investment and an opportunity for speculation.

[Pokesoul]

This project reminds me of projects from the real sector of the economy. Unfortunately, I do not see here the use of blockade technology except the dragon itself. But such projects are also successful. Probably it will be interesting for Chinese people who are very gamblers.

[Mark13]

Dragon Coin concept will be benificial for those gamers and gamblers on casino. My question only is if these will be used on those casinos, do you have a partnership or do you talk already to any casino's representative regarding your project and its purpose?

So this project really have so much challenges to take just because it needs a lot of effort convincing gamblers to adopt in this kind of game. Just like you mentioned it also needs some partnership who will collaborate and explain this project.

I agree with you on that but if the developer here can provide some answers that will satisfy or support this project these will be great and be the first step to accomplish their platform. Regarding on the users, I think gamblers will choose more on decentralized and more convenient way like what Dragoin Coin aim to be.

[coinbitcoin91]

That thought, and on which exchanges or exchangers, you can for example will exchange these coins? I did not see that it was mentioned somewhere. It would be interesting to find out. Or you have not planned to enter the stock exchanges yet?

This time Dragon coin still not listing on any exchange, we could buy DRG and hold them, waiting for ending of ICO then exchange to Dragon Global Chips then make play casino with them.

That's it, thanks for the answer. So I'll buy and wait for the end of ISO, And then I'll play in a new casino. Very much I wait when it starts.

[kyxap]

That thought, and on which exchanges or exchangers, you can for example will exchange these coins? I did not see that it was mentioned somewhere. It would be interesting to find out. Or you have not planned to enter the stock exchanges yet?

This time Dragon coin still not listing on any exchange, we could buy DRG and hold them, waiting for ending of ICO then exchange to Dragon Global Chips then make play casino with them.

That's it, thanks for the answer. So I'll buy and wait for the end of ISO, And then I'll play in a new casino. Very much I wait when it starts.

I love a gambling from 2013 year, i started bitcoin dice, and massive part of them was scam. So, i hope dragon coin can stop this manipulating and cheating from site owners.

[Doctor-Coin]

This project reminds me of projects from the real sector of the economy. Unfortunately, I do not see here the use of blockade technology except the dragon itself. But such projects are also successful. Probably it will be interesting for Chinese people who are very gamblers.

yeah agree with you. Even ı am not a gambling expert I dont really understand if blockchain technology give this project more value... except DRG ...

[Scor1937]

This project reminds me of projects from the real sector of the economy. Unfortunately, I do not see here the use of blockade technology except the dragon itself. But such projects are also successful. Probably it will be interesting for Chinese people who are very gamblers.

yeah agree with you. Even ı am not a gambling expert I dont really understand if blockchain technology give this project more value... except DRG ...

We can now see a huge number of peoples getting involved in gambling and i think, DIGITAL CURRENCY FOR CASINO & PLAYERS will have huge profits due to this in future. I am not a regular gambler but yes sometimes even i do go for gambling which sometimes gives me some good profit. But i do not suggest anyone to go for gambling.

[jaredl]

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?

Yes after the ICO the coin can be bought with fiat or the coins you listed ,but what he was asking is, if you could sell the dragon coin to fiat ,which i think only logical if the currency is listed in any good exchange platform. in their explanation they have made it clear how it's going to work
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.

Think you understood "VIP gamblers" wrongly... when VIP gamblers go to junket to gamble, they "do not" have cash nor do they bring cash.
These VIP gamblers just rely on a line of credit from Junket operators which provide gambling chips to them from the casino. These junket operators have to rely on their own capital or credit from finance agents who charge the junket operators a percentage of the credit.. typically 5%.

Hence the main buyers and users of the DRG will be junket operators. Especially when they have collected the "losses" from the VIP gamblers from their home countries after the gambling trips, these money can be converted to crypto and then transfer back to the junket operators who could be in Macau or anywhere in the world. It could also just be maintained as DRG so that it can be "rolled" into capital for the next gambling trips for the next group of VIP gamblers.

junket operations is not as simple as bringing cash to the casino and gamble.. the complexities are the financing systems, the debt collections and the remittance of large sums (winnings and losses) across borders.

Hope you do understand now.

I've undestood it from the very begining, but seems you didn't.
Here's an extract from the WP:

"Whenever necessary, the gamer could eortlessly convert
his Dragon Coins (DRG) to fixed-value digital Dragon Global
Chips (DGC) for use in the junket. After gaming, DGC could
be converted back into DRG and further converted to at
money or any other digital currency when needed, all on
demand and via the touch screen on a smartphone. If
gamers choose to keep stake monies and winnings in digital
form ready for the next visit to the gaming tables, they could
do so, securely and at minimal cost."

One more
"Through connectivity with our digital value platform,
namely the Dragon Platform, elite gamers wishing to visit a
junket could easily convert at money into digital tokens,
that would be securely registered on a blockchain underpinning
the platform. A numerical representation of the tokens
held at any one time would be shown in the gamer’s smart
phone wallet."

My point eventually was not about either bringing cash or using credit line or whatsoever, my point is: no one needs this mumbo jumbo with transfering cash into some tokens or vice versa. VIP gamblers will very likely avoid such offers.

That is only for the gamers who are interested to hold DRG to take advantage of the rising prices. Do you really think today VIP gamers bring millions into the junket?

Elite gamers do not bother to bring cash like normal gamblers.. if they have to do so, it will be too much of a bother for them. Junket operators currently provide the credit line for elite gamers for gambling in the junket.

But in the future, when DRG is available.. it is possible for elite gamblers to also possess DRG (either bought or from previous winnings)..

Anyway, since you are reading the WP.. do see the same page (a few paras before the one you read), you will read "A junket often needs to arrange stake money of several million dollars to be on hand when each elite gamer arrives in Macau. The current cost to a junket in making the necessary financial arrangements is a minimum of 5%. As for the players, they are typically forced to suffer fees of between 5%-7% for costs related to repatriation of their winnings."

So you can understand what I mean..

DRG is to solve the cost of providing credit and also money transfer (winnings and losses etc) for junkets and VIP gamblers.
You may not believe in the potential of such a system and a token to facilitate the junket industry, but to many, this is revolutionary and
4 junket operators have already committed $265 millions to it... that speaks louder than words.

Seriously I am not here to argue with anyone.. I just want to help clarify the questions that anyone has.

Uh... I'm not a goosey, I can read very well.
To enhance our dialogue with more substantiality, could you please answer the following:
1) How those VIPs claim their winnings?
2) Who bear the fee costs of claiming winnings, VIPs or Junkets (those 5-7% you've mentioned)?
3) How does a process of acquiring winnings for VIPs usually look like? Literaly, how do they get the ownership of money?
All these questions are related to NOW, not to how it is going to be

4 junket operators have already committed $265 millions to it... that speaks louder than words.

Can you provide proofs?

1) When you win at the table, they can change their chips for their winnings
2) cost of sending your winnings back to yourself will be borne by the gamblers themselves
3) I am not a VIP gambler unfortunately .... but you can join the Dragon telegram group and you can ask the CEO directly. he is online daily
4) for the junket operators who have committed their 256 millions... it is written in the WP; like how you have read.

Do join their telegram group to ask the detailed questions to the CEO and moderator directly https://t.me/DragonOfficialENG

I am not against direct questions. I myself have asked the CEO many specific questions and he has answered me clearly too.

[Martinkuhn]

tl;dr from the entire thing: DRG coin will help gamblers launder money without it being taxed and they can slowly cash it out later without issues.

That's what that screams

haha then this coin will be like Monero and go to the moon!!! Coins like Monero are anonymous and help a lot of criminals and people who are trying to hide their money to transfer funds.. Where do we see Monero now? to the moon!

DRG is not anonymous and they also have a AML/KYC so it would not be impossible for the government to audit the Dragon's accounts for money laundering activities..

but I do hope DRG goes the way of Monero!

[MiiDoViic]

That thought, and on which exchanges or exchangers, you can for example will exchange these coins? I did not see that it was mentioned somewhere. It would be interesting to find out. Or you have not planned to enter the stock exchanges yet?

Most of the coins start getting listed in exchanges platforms after periode of time after the ICO end , really few coins could have the chance to be recommended or promised a slot before the ICO. So you just have to patient and hold your coins.

[Probablylikely]

If this ever kicks off and achieve  the desired goal, I tell you it will be the biggest ICO of all! The idea is very promising and dealing directly with an existing real life casino issue! Dragon coin it is!

[UpsilonTrooper]

That thought, and on which exchanges or exchangers, you can for example will exchange these coins? I did not see that it was mentioned somewhere. It would be interesting to find out. Or you have not planned to enter the stock exchanges yet?

This time Dragon coin still not listing on any exchange, we could buy DRG and hold them, waiting for ending of ICO then exchange to Dragon Global Chips then make play casino with them.

That's it, thanks for the answer. So I'll buy and wait for the end of ISO, And then I'll play in a new casino. Very much I wait when it starts.

I love a gambling from 2013 year, i started bitcoin dice, and massive part of them was scam. So, i hope dragon coin can stop this manipulating and cheating from site owners.

They're just making the coin, stopping the scams isnt really going to be their duty. You need to careful with your own money. Not to mention the entire coin is about IRL casinos

[PDAngel]

That thought, and on which exchanges or exchangers, you can for example will exchange these coins? I did not see that it was mentioned somewhere. It would be interesting to find out. Or you have not planned to enter the stock exchanges yet?

This time Dragon coin still not listing on any exchange, we could buy DRG and hold them, waiting for ending of ICO then exchange to Dragon Global Chips then make play casino with them.

That's it, thanks for the answer. So I'll buy and wait for the end of ISO, And then I'll play in a new casino. Very much I wait when it starts.

Yes. You can holding Dragoncoin and enjoy to play casino after. Hold much as you want and i hope you will have big win at casino .. Hunt some Jackpot!

[vivavivu]

That thought, and on which exchanges or exchangers, you can for example will exchange these coins? I did not see that it was mentioned somewhere. It would be interesting to find out. Or you have not planned to enter the stock exchanges yet?

This time Dragon coin still not listing on any exchange, we could buy DRG and hold them, waiting for ending of ICO then exchange to Dragon Global Chips then make play casino with them.

That's it, thanks for the answer. So I'll buy and wait for the end of ISO, And then I'll play in a new casino. Very much I wait when it starts.

I love a gambling from 2013 year, i started bitcoin dice, and massive part of them was scam. So, i hope dragon coin can stop this manipulating and cheating from site owners.

They're just making the coin, stopping the scams isnt really going to be their duty. You need to careful with your own money. Not to mention the entire coin is about IRL casinos

Nope, Dragon Coin is new token for play casino who is Dragon project "partner". And all of them have responsibility to play on any casino included in rules, prizes.

[seriin]

This project is doing great! Good to know about that. As I can see, more people are getting engage to this new digital currency for casinos and players, because they also find this new project interesting. Nowadays, an enormous amount of people seems like involvong theirselves in gambling. Furthermore, by means of this project, more people can gain more profits by this Dragon Coin in the future. I do believe that sooner or later, this project will boost in the crypto currency community and reach its goal to success.

[negancoin]

They are going to build a hotel/casino called The Dragon Pearl, it's set to be a transformative hospitality concept boasting 400 luxury guest rooms and suites, restaurants and retail spaces, a pool, spa and sports facilities, as well as ample car parking.
The hotel will be designed to the highest safety standards and levels of environmental effciency. It will be one of the most eco-friendly habitable foating eco-systems in the world.

I think this would be something good for dragon project and investors in this coin.

[BranZolt]

If this ever kicks off and achieve  the desired goal, I tell you it will be the biggest ICO of all! The idea is very promising and dealing directly with an existing real life casino issue! Dragon coin it is!

This statement of yours is very true and therefore a agree with that.
This project has practical goals and with the Pace that it is growing it can easily achieve it.