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

[Jedzkie050617]

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.

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.

Agree with you. I think this project can do a revolution for addictive players in future and do their gambling experience better and attractive to
pastime 

Great, while they are playing they have some benefits by having this project. As an incentive to holding DRG, 10% of the net monthly income from all Dragon Junkets and aliated junkets will be air-dropped into the wallet of one very fortunate DRG holder through algorithmic random selection. Not only will Dragon be rewarding DRG holders, but it will also essentially be creating a new high roller every month. Hoping for the success on this project that for sure will be supported by many as I see it has a bright future.

[vivavivu]

I'm sure that the developers are on the right track! Coins for gambling are a very interesting idea, they can have their own price, which can be exchanged for other coins or real money.

Dragon taking crypto gambling to whole new level.
We taking over Macau.  

Haha Dragon Coin bring Elite crypto currency gamblers come to Macau. So we will have DRG ( ERC20 Tokens) then exchange to DGC (Dragon Global Chips) at casino, so Dragon Coin like banker?

[Dodoymabs]

Nice, I have read about the dragon debit card and it focus my attention to it. I really hope that you will provide this card to all users of digital currency for casinos and players. By the way, is there any plan to give free airdrops?

Dragon Debit Card (DDC) make me have attraction about . How we can order this and can using DDC for cash out as VISA/MASTER card? Or DDC is only for Dragon Tokens?

This Dragon Debit Card catch my attention on how to get this or only the players can own this card? If so, what about the people who are not  a gamblers/players and would like to avail this card?.

[MiiDoViic]

Nice, I have read about the dragon debit card and it focus my attention to it. I really hope that you will provide this card to all users of digital currency for casinos and players. By the way, is there any plan to give free airdrops?

Dragon Debit Card (DDC) make me have attraction about . How we can order this and can using DDC for cash out as VISA/MASTER card? Or DDC is only for Dragon Tokens?

This Dragon Debit Card catch my attention on how to get this or only the players can own this card? If so, what about the people who are not  a gamblers/players and would like to avail this card?.

I think if you own some dragon coins you could ask for debit from what've read .In their description they mentioned "Dragon member",now i don't know if you have to be a gambler or just a coin holder to be counted as a member ,but the debit card is going to be multi currency also so there's that.

[mardaed]

Generating >2 billion is a huge record on Gambling. If the supply of Gilgamesh token is in millions then it is a good decision to buy. Dragon coin debit card is a good idea in the crypto platform it really sets a trend now with this card for me proudly to play gambling.

[negancoin]

how about Dragon Volatility, let assume a person buy 1 million dollar during that the price of dragon token goes down in the market, he will gambling with less than 1 million ! I'm not sure if those VIP would like to occupy themselves with crypto market instead of focusing on gambling, but I'm assuming that the team did a market analysis for this business plan.

[SlimShadyMmp]

Nice, I have read about the dragon debit card and it focus my attention to it. I really hope that you will provide this card to all users of digital currency for casinos and players. By the way, is there any plan to give free airdrops?

Dragon Debit Card (DDC) make me have attraction about . How we can order this and can using DDC for cash out as VISA/MASTER card? Or DDC is only for Dragon Tokens?

I think that will mostly depend on the platform itself but from the look of thing i think it might be restricted only  to casino uses, So maybe it  will have a certain unit loaded with the card and once that unit expires, you would have to recharge by paying more coins and sending to the card address or maybe it will be linked to your account. I doubt they will have a general ATM like card.  

[farhan28]

A nice project indeed with lt of features...but there os some issue with the whitepaper I think...I needs more time to load or sometime blank image is seen...If Dev will look at it & manage the problem...it will be easy for everyone to work here...

[UpsilonTrooper]

Nice, I have read about the dragon debit card and it focus my attention to it. I really hope that you will provide this card to all users of digital currency for casinos and players. By the way, is there any plan to give free airdrops?

Dragon Debit Card (DDC) make me have attraction about . How we can order this and can using DDC for cash out as VISA/MASTER card? Or DDC is only for Dragon Tokens?

You need to sell the tokens on an exchange for BTC or ETH then sell the ETH/BTC for flat on an exchange which supports that or privately via say LBC or something

[Semaj123]

Nice, I have read about the dragon debit card and it focus my attention to it. I really hope that you will provide this card to all users of digital currency for casinos and players. By the way, is there any plan to give free airdrops?

Dragon Debit Card (DDC) make me have attraction about . How we can order this and can using DDC for cash out as VISA/MASTER card? Or DDC is only for Dragon Tokens?

I think that will mostly depend on the platform itself but from the look of thing i think it might be restricted only  to casino uses, So maybe it  will have a certain unit loaded with the card and once that unit expires, you would have to recharge by paying more coins and sending to the card address or maybe it will be linked to your account. I doubt they will have a general ATM like card.  

So this card is exclusive for gamblers only? Maybe it's good also that not only the players can have this card. And I think this debit card  has a very huge amount of deposit and I think averaged people can avail this card imo. And what is the difference of this debit card with the existing card?.

[BRNSTYLE]

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.

[BranZolt]

I am so surprised to see that the dragon coin project is doing so great in such less period of given time more and more people and potential customers are joining this project as it is well managed by the dedicated management team.

[Jedie22]

Nice, I have read about the dragon debit card and it focus my attention to it. I really hope that you will provide this card to all users of digital currency for casinos and players. By the way, is there any plan to give free airdrops?

Dragon Debit Card (DDC) make me have attraction about . How we can order this and can using DDC for cash out as VISA/MASTER card? Or DDC is only for Dragon Tokens?

Yeah, for me it is also the feature i like the most. I was hoping that it would function like VISA or MASTERCARD that can be use in buying games like in appstore or playstore. Hoping it would be easy to get a DDC.

If it will be implemented, cool! Hopefully their project will be successful as I believed this kind of transaction will be followed after the success as been made. As the their advocacy is to be a business model and the Token Sale within that, contain a range of mechanisms that in a variety of ways, directly or indirectly, reward members for their loyalty and participation.

[Pokesoul]

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.

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.

Agree with you. I think this project can do a revolution for addictive players in future and do their gambling experience better and attractive to
pastime 

Great, while they are playing they have some benefits by having this project. As an incentive to holding DRG, 10% of the net monthly income from all Dragon Junkets and aliated junkets will be air-dropped into the wallet of one very fortunate DRG holder through algorithmic random selection. Not only will Dragon be rewarding DRG holders, but it will also essentially be creating a new high roller every month. Hoping for the success on this project that for sure will be supported by many as I see it has a bright future.

Wow, that's a great solution for players to get a game in the game. I think an excellent solution for gamblers, people will play without even playing;)

[Arvilaine]

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 see, thanks for clarifying that out for me.

With the use of DGC the fees for VIP's financial arrangements will be cheaper as they say, but what are the payments for? It is like when you are transferring your cryptocurrencies to other wallets or exchange?

DRG will reduce the fees associated with sending money for the VIP for staking his chips as well as when the VIP has won money and would like to transfer back to his country. And also when the VIP has lost and needs to pay the junket operators, these losses or profits for the junkets will be transferred from another country (where the VIP stays) to the junket operator.

DGC is meant as a chip for gambling.

Sorry, I mean "DRG" and thanks for explaining that again to me. I think investing in dragon coin will be more profitable if you are aware of the VIP gambling events.

[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?

[Doctor-Coin]

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.

Yeah that happens here if someone has no plan about the subject and just want to comment on the threads. Honestly if I have not too much experience and knowledge about a subject like gambling I just comment on parts like its  team, bounty project etc.  but not directly a subject like VIP Gamblers .... I just shut my mouth and read and try to learn from the experienced and expert one 

[steampunkz]

I'm waiting for the day it will be used on the main websites I use to enjoy myself with some hardcore gambling, that's so fun to see.

That's good news for but don't be addicted to gambling, It can make your earnings in your pocket disappear just play safe and don't invest.

It depend if you have a great luck in gambling that you will gain more profit. But if not, it is better to hold your coin and wait until its value goes up as the more people and gamblers who invest in this coin or use this coin the bigger the value it will get.

Becuase in my past experience in some big gambling site. I was so greedy to win, I didn't  even know that I keep loosing because of I invest and invest again after I lose. So I learn that. It is bad to be greedy in gambling. But if this coin will succeed I will try to invest little from my pocket.

[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.

[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?

Because it's only ico now  We will get noticed when ico ends and developer say what purposes in his vision about incoming exchanges)