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

[SlimShadyMmp]

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!

I think ico have not ended yet, so you will have to wait a bit before it will be listed on exchange yet. You can buy now and maybe sell it more after ico or just go to casino and play some games who know, you can just win some millions bro. Best advice is to buy and keep an d then watch the market a your token grows

[ResuLT]

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.

I really agree with your statement that this is the trusted ICO in late 2017. I want to invest on this project for a year and I'll take the profit $$$

[Jedzkie050617]

Everyone loves playing. Dragon Coin will surely make our young at hearts participate in their games with these. Not able to play in a real casino is really sad, because the bet and amounts should be higher and everyone doesn't have a money to fly to Macau just to play. But with Dragon Coins newest project and platform to released. Many people at the comfort of their home can play the casino type of game and you don't have to bring cash, just have their token and you are ready to play. Thousands and millions of people will support this project as this will become a new coin that will be on top.

Yeah, everyone loves to play trying to test their luckiest moment if they could win. Having this project makes everyone inspired especially those who love in playing games that have an advantage to them since they already know the rules and regulations on the different games. Hoping the success on this project as this project have a great potential.

[Jedie22]

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.

Exactly, they have more advantage since they are true gamblers but I believed on this project base on my own understanding having more users could gain more profit. Thus, even I didn't play I still have a profit due to the massive investors as I noticed this project has a great potential to the bitcoin community.

[mardaed]

I like to hold this DRAGON digital currency for casinos and player. My luck is in my hands I'm waiting for the timeline where dragon coin hit the exchange, then I can purchase DRG and hold them till ICO ends next I can exchange to dragon global chips that I can avail them playing caSIno

[Dodoymabs]

Nowadays almost all of our activities involves technology like this kind of project wherein they adopt this blockchain creating a digital currency for casino. Players involved in this kind of technology will be living with no worries. Because this doesn't need to carry huge amount of money which is a safe also for them. Gamblers should support this project because this is created for them and also they must invest on this for it will help the project to reach its target.

[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?

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.

Hey mate!
1) That's what exactly I've told ya, they CAN claim cash if they win and that was my point, why should I (or someone else) voluntarily decide to take winnings in some tokens (you should first try to explain to them what the f*ck it's) instead of attaining ready cash.
2) Ok, now could you tell me please, what's eventual fee to cash out from crypto?
3) I don't want to join their tm so far. If you're on a first-name basis with CEO, give him a tip to peep into Ann thread more often to ask some questions publicly
4) no comments

Once again, Ann thread is for public discussion, and if CEO or managers are only answering questions in TM, so what's the point then? They should have conducted their ICO in telegram.

But thanks for your reply!

[feeltun]

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

Correctly. All the game industry can be considered a scam, but people if they want to play will not stop any knowledge. I think the fight is an additional opportunity to meet the excitement.

[ehrz22]

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.

Well said, yeah, a lot of people are engaging in gambling because they need fast money, This project is in good status now because as days passed more and more people wants a new feature/tokens/project that will be use in gambling.

[coinbitcoin91]

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.

Wow, okay, such a huge project? The hotel with suites and a large parking, and even a casino .. D is straight Las Vegas! Security, it should really stand in the first place!

[Pokesoul]

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.

A good idea of combining the real economy and the world of crypto currencies. This is our future, when crypto is used by people who have not previously heard about it and it does not matter that they are basically players in the casino.

[rabotacoin]

To date, the project proves that his coin is quite a serious project. I will definitely get some coins for my capital. I am sure we will succeed in this project.

[steampunkz]

Dragon coin looking like an amazing project.
I want to promote your project on YouTube. If you want to do this then you can contact with me.

Goodluck on your promotion in youtube mate. By the way is your channel crypto related and how many subscribers and viewers do you have per day?

[Semaj123]

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.

Well said, yeah, a lot of people are engaging in gambling because they need fast money, This project is in good status now because as days passed more and more people wants a new feature/tokens/project that will be use in gambling.

That's definitely true about a gamblers, more tokens means more to gamble and lots of gamblers are risk taker which means they will bet such big money like thousands/millions. And this platform is perfect for them as this is kind of easy to use and makes the gamblers to be more comfortable in gambling.

[saint_casanova]

Would be nice if we could have some casino use this coin.

[kyxap]

Would be nice if we could have some casino use this coin.

It would be nice for community of developers create their own dice with DC coin faucet, with some jackpots and bonuses, it is can easy grow coin prise in a long distance.

[ishinn99]

Would be nice if we could have some casino use this coin.

Yeah, I'm sure devs already have this plan and they already made some additional features in their project. I am looking forward for more developments from this project. I hope that dev will be actively monitoring and responding all the questions here.

[boonsterx]

this project is meant for VIP gamblers, which is a billion dollar industry.

There are plenty of reasons why this company would do great as the current junket industry is subjected to a lot of middlemen costs when funds are transfer between countries.

anyway i really like the fact the this ICO has a real business man las ho choi as one of their advisor. this shows that this coin has real world demand and is not a lofty vision from some geek.

[SlimShadyMmp]

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.

Exactly, they have more advantage since they are true gamblers but I believed on this project base on my own understanding having more users could gain more profit. Thus, even I didn't play I still have a profit due to the massive investors as I noticed this project has a great potential to the bitcoin community.

if you like you can hold just the coin and then you wil be able to gain profits alots if the coin hits exchange and it gains in the market but for the real gambler is like business as usual, she just use that to get triple or double depending on his bet or he can lose all and then he goes in to buy more which is likely to increase coin value..so holding it can actually give you a potential value

[MiiDoViic]

Would be nice if we could have some casino use this coin.

Yeah, I'm sure devs already have this plan and they already made some additional features in their project. I am looking forward for more developments from this project. I hope that dev will be actively monitoring and responding all the questions here.

Yeah, if they add more feature like dice, lottery, card games for this project then it will attract more gamblers to participate in this project.

They know exactly what they are doinng, they are focusing on the bigger picture here . For sure in the future the coins use will expand more ,but for now they are focusing on one line and i think it's only wise for a startup.