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

[seriin]

Amazing! Another new digital currency for casinos and players. A project that is made very productive by a team of very experienced team members. I can say that the team working on this project is giving their best and effort to make and hear its name in the social networks, and especially in the crypto currency community. I am very well impressed to this project because it provides much information to the people that is necessary to understand well about this new digital currency. I believe that more people will come to know about this project especially to those who loves casino.

[MiiDoViic]

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.

To be expected . Good,promising projects always sell and advertise them selves and always find the attention ,investors,supporters it needs . By time for sure we will see more hype about the coin since the gamblers are the biggest ballers when it comes to money.

[Martinkuhn]

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?

On the telegram group https://t.me/DragonOfficialENG the CEO mentioned before that 4 out of the top 10 crypto exchanges will be listing the DRG after the ICO.

This will be exciting for DRG!

[Martinkuhn]

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)

DRG has gotten a lot of mainstream media attention..just look at their website for the CNBC, Reuters, huffpost articles and interviews.

When it gets listed, i think DRG will go to the mooooooon.

[retampan]

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?.

Well, looks like the developer doesn't active lately, just wait and see on January 2018, because you will be amazed by the developer about this project.

[negancoin]

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?

You just need to focus, it was mentioned in OP. after completion of token sale, DRG will get listed on several exchanges. So you will able to buy it with fiat or other cryptocurrency. also they are going to build in-house Dragon exchange where you can buy it directly from them.

[mardaed]

DI, it's like a project dealing with intelligence  Of DRAGON We like to hold it with a pride to win with this digital currency as we make certain calculation dragon coin deserves better as reaching $33. Holding this coin is a good deal for generating better profits. You are just beating the metrics in rapid speed with a quick launch, thanks!

[Pipshunter]

Dragon coin will probably rule gambling system all over the world. This coin are in favor for so many gamblers out there. Imagine, this project makes their lives easier. As they can purchased it by using fiat currency. This must be the start for everyone to get interested in crypto industry. Once elite gamblers know this, they probably invest and this will be the way to have a huge community and good opportunity for the future.

Dragon will rule Macau this February, join our telegram group for Q&A .
Dragon Official (Eng)
Dragon Community in Hindi
https://t.me/DragonOfficialHindi
https://t.me/DragonOfficialENG

[UpsilonTrooper]

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.

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

[SlimShadyMmp]

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.

To be expected . Good,promising projects always sell and advertise them selves and always find the attention ,investors,supporters it needs . By time for sure we will see more hype about the coin since the gamblers are the biggest ballers when it comes to money.

For me is just a great idea to practice digital currency in the casino arena. I hope they make a chip like coin that represent the token. The project aims really great at gamblers and with its card, its really going to have money flowing if its accepted

[Probablylikely]

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

[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.

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?

[Jedzkie050617]

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.

To be expected . Good,promising projects always sell and advertise them selves and always find the attention ,investors,supporters it needs . By time for sure we will see more hype about the coin since the gamblers are the biggest ballers when it comes to money.

For me is just a great idea to practice digital currency in the casino arena. I hope they make a chip like coin that represent the token. The project aims really great at gamblers and with its card, its really going to have money flowing if its accepted

Exactly, having this project more gamblers will joined which much advantage to them since they already know the rules in casino games. Also, the members of the Dragon Community will no doubt each view their membership and participation as being beneficial to them in ways that are very personal. Hoping a great success on this project.

[Dodoymabs]

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.

[ishinn99]

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.

Yes, I feel you. Because we always aim to win we didn't notice that we already invested a lot of money in gambling. We always think that if we win we can easily get our lost funds. Anyway i'll be following this project and hoping to see more improvements.

[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.

[4p0l4k4y]

Casino and bitcoin high rollers will absolutely invest on this coin. This should be a contender in trading websites in the future. I cant wait to get and store this coin.

[vivavivu]

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.

To be expected . Good,promising projects always sell and advertise them selves and always find the attention ,investors,supporters it needs . By time for sure we will see more hype about the coin since the gamblers are the biggest ballers when it comes to money.

For me is just a great idea to practice digital currency in the casino arena. I hope they make a chip like coin that represent the token. The project aims really great at gamblers and with its card, its really going to have money flowing if its accepted

Exactly, having this project more gamblers will joined which much advantage to them since they already know the rules in casino games. Also, the members of the Dragon Community will no doubt each view their membership and participation as being beneficial to them in ways that are very personal. Hoping a great success on this project.

Maybe Dragon Tokens Project is new world for crypto currency gambler. I believe this project will gather at least 1-2k person to join daily if we promote DRG on some gambling community: Bitcointalk Gambling, casino bonus page,...

[Arvilaine]

I would like to support this coin through bounty campaign if there is any. I don't mind if I'll get paid in Dragon Coin because I think there's a great potential for this coin to be in demand if the team behind this project will succeed in integrating this coin to casino Junkets and Public use.

[Jedie22]

I would like to support this coin through bounty campaign if there is any. I don't mind if I'll get paid in Dragon Coin because I think there's a great potential for this coin to be in demand if the team behind this project will succeed in integrating this coin to casino Junkets and Public use.

Great, same as you did bro I want to support this project that I believed has a bright future on their different advocacy. Having a great opportunity to use Dragon as a safe way to enter the modern world of digital currencies and have a wallet on their smart phone linked to a widely accepted Dragon debit card. Awesome! Project that for sure many gamblerd take advantage on this as well as investors in the bitcoin community.