Dragonchain was originally developed at Disney’s Seattle office in 2015 and 2016 as the Disney Private Blockchain Platform. Dragonchain provides a commercial platform for application developers to rapidly and securely deploy Blockchain applications while maintaining existing language development environments; a tremendous costing and speed to market advantage.
What is Dragonchain?
Dragonchain is the first hybrid blockchain platform for businesses which is the most secure, flexible and developer friendly to date. According to their website, the Dragonchain platform attempts to simplify integration of real business applications onto a blockchain. Providing features such as protection of business data, fixed 5 second blocks, currency agnosticism, and interop features. The developers describe Dragonchain as a hybrid between public and private blockchains, neither of which fully meets the needs of established businesses with legacy systems.
- It doesn’t require the use of a currency (full trust at first layer);
- It can support multiple currencies on one chain;
- There will be an incubator and marketplace for new projects;
- The commercial platform utlizes serverless architecture to enable simple and powerful scaling;
- Developers may code smart contracts in Java, Python, Node, or C#.
What is the price and prediction?
Market price for DragonChain coin will be determined at close of sale based upon total amount raised (against fixed supply available in public sale [55% of total supply] = 238,421,940 Dragons]). So you put in 1 BTC, total raise is 10 BTC. So you get 10% of all dragons in public sale pool. If contributing ETH, they convert to BTC based upon Bittrex hourly closing price of ETH/BTC at the time of contribution, and use that value in the calculation.
The Dragon sale is not an uncapped ICO where tokens are purchased at an arbitrary price and minted as money comes in, with no way to determine how many tokens will be created or how much money raised.
Where to buy DragonChain?
Dragons will be distributed after the public sale is completed + enough time to complete at least one internal and independent external audit. The price of a Dragon will be set by the market over the period of the sale. Participants will receive Dragons equal in value to the BTC or ETH contributed. The ICO ends in 28 days. So far they have raised 6030 ETH and 178 BTC for a total of $ 2,555,812.39 USD. You can buy Dragons with ETH or BTC. Once the initial sale is complete, the Dragons will be transferred to a wallet that supports ERC20 tokens. We recommend buying in the best and safe exchanges. See list >
What people say about that Dragon?
“Just so you do know it isn’t backed by Disney, Disney has the idea in 2014 and dropped it. People who worked there decided to start it up again recently but it does look interesting I have to say. They want to rival etherum.”
“Read the whitepage, I think it looks interesting... Doesn’t seem scammy to me. Using blockchain over servers for businesses and negiotioting contracts with security makes sense to me. There’s even more, I’m just speaking what I recall off the top of my head. I’ll be paying attention, ico in 4 days.”
” It seems they’re going to set the price after the ico, they’re doing this to avoid the pump and dump mentality and give the coin a chance to gain real, lasting value. Eg if you buy 1 btc of DRGN, once the ico is over they’ll divide the amount of coins sold by the total value of the btc/eth spent on them and you’ll come out with a DRGN worth exactly what you put in initially, 1 btc.”