Quote from: odanovich on January 06, 2018, 01:11:45 PM

Quote from: nakamote on January 06, 2018, 01:03:34 PM

Quote from: odanovich on January 06, 2018, 10:54:04 AM

Quote from: Sonosax on January 05, 2018, 06:20:37 AM

DragonChain (DRGN) is currently traded on CoinExchange, EtherDelta and a few other small ones. When i went to their website it says:

"All Dragonchain Presales/ICOs. KYC powered by LifeID.
The Look Lateral digital revolution begins on Jan. 8th.
Visit us here on Jan 8th to begin the whitelist process."

What does this mean? This new PreSale on Jan 8th, what is it for if DRGN tokens are already around and actively traded?

Hey there! I can answer this for you

Dragonchain is a platform and they are about to host their first company's ICO (LookLateral.io) on Jan 8th. Well its technically a presale before the ICO.

You must have Dragons in your wallet inorder to participate in the presale. They will be using LifeID for their KYC registration to participate in this - and all future ICOs..

Oh and LifeID is going to ICO on Dragonchain Jan 29th as well!!

Dragonchain ICO was OCT-NOV and price per dragon was $0.04-$0.06 (variable rate) and has gone up to $3.54 in only 30 days since. Dragons were only created once and will never ve created again.

Dragons have a special trait too... (Dragon Slumber Score DSS) for each day you hold a dragon in your wallet you get 1 DSS. These accumulate over time and give you incentives such as: bigger contribution caps during presales; better discounts; early access to projects and resources, etc.

And unlike Ethereum, you DON'T spend your Dragons on the ICOs that spawn off Dragonchain. Instead you use Ether / Bitcoin. This causes a really unique incentive for token holders to HODL their DRGNs, which is why the price has gone up, up, up...

Very good stuff coming from this team. Looks like they are holding off on Major exchanges until after they get a few ICOs under their belt. Best place to get dragons right now is KuCoin. Which I have been very pleased with since EtherDelta is horrid and Tidex has no volume.

Hope this helps clarify your post.

May 2018 be the year of the Dragon.

Cheers!

Thanks for your explanation,so the DRGN will be like the mother of dragonchain?and its morelikely hosting new ICOs under it?

Dragonchain has a line of 200 applications for their incubator program. They anticipate churning out ICO's very frequently as they are a platform much like: Ethereum, NEO, Lisk, Raiblocks, etc. Dragonchain is currency-agnostic, which means any of the new company's adopting dragonchain can integrate into any or all other blockchains (Bitcoin, Litecoin, Ethereum, etc.) It is a really fascinating project.

My bet is that we will see big american companies moving to the blockchain on the Dragonchain platform.

Disney still fully supports dragonchain and uses it in their internal blockchain at Disney.. Go check Disney's github account and you will see that they actively support and reference Dragonchain. (https://github.com/disney)

In fact Disney handed over the code/technology under the Apache 2 Open-Source License and provided Dragonchain with the rights to use it, see here: (https://www.apache.org/licenses/LICENSE-2.0)

Disney is smart, they detached their name from the non-profit dragonchain organization because it HELPS spread the technology. They didn't "Drop their support" in fact they still actively contribute to the code.

I wonder if DRGN is still a good buy.
Seems like they have more to come. But on the other side I do not like the hype that is being spread and that they are only on Kucoin does not boost my confidence.
Might be worth getting some and hodl.