Hello Everyone, hopefully review of this Dragon Coins project can be your reference and I am realy excited about this project. Because Dragon Coins is one of the hottest new ICO’s on the market right now from the looks of things and I think this project will rise to the top and stay at there to the moon. Why I am talking like this? Let me tell that :

Dragon Coin is a digital currency that wants to transform the gambling industry from Macau and beyond. Gaming is a legitimate industry that has, at times, attracted some dubious characters – as we all know. It is an enormous global business generating over $300 billion in profit last year alone. That number is only expected to rise.

In the Casino world, specifically in Asia, it is typical for high rollers or groups of gamblers, to depend on junkets to arrange their gaming excursions. A high roller may want to access VIP games with a minimum stake of $1 million or more. Junkets will stake these high rollers and put up the money plus arrange for accommodations and other perks. In a place like Macau, which is the only sanctioned gambling region in China, the vast majority of incoming money is from these Junkets and there are many licensed operators working with the Casinos to smooth the process of getting big money in to gamble their money.

If you have dozens, or perhaps hundreds, of high rollers hitting the elite games at any given time that is a lot of money to shuffle around. If you are flying into Macau to gamble you need to bring your money along. Say you get lucky and win big. How do you bring it all back home? This is where the Junkets step in in staking the money for these high rollers. The money really never moves anywhere, but the fee to do this can be high at around 5% of the total amount representing a significant cost – even for the very rich.

Enter the Blockchain

The advent of Distributed Ledger Technology (DLT) or Blockchain as it is commonly called, is a perfect solution for the current high cost Junket process. Dragon wants to facilitate exactly what is occurring today but all on Blockchain and at a far lower cost. Dragon wants to charge just 1% (or .5% coming and 0.5% going). As the ledger is shared, the current middle man is removed. The only thing that moves is the ownership of the money in the form of the digital Dragon Coin.

Enter the Dragon Coin