Dragonchain (DRGN) is a business program, incubator, marketplace and blockchain that functions through the use of the cryptocurrency Dragons.
What is Dragonchain (DRGN)?
Dragonchain (DRGN) is not just your traditional blockchain but is also a business platform, incubator, and marketplace. It has its cryptocurrency Dragons which is used to control every transaction on the network. The platform attempts to simplify integration of real business applications onto a blockchain.
Dragonchain (DRGN): History
Initial development started in 2016 by a team of blockchain advocates and was funded by Disney. The project was handed off to the non-profit Dragonchain Foundation later. It had its first ICO in October of 2017, and the distribution of token began in November after both internal and external audit. In February of 2018, the workshops and training for smart contract development. The price of the DRGN token started at less than $0.06 at the initial coin offering value in October of 2017. Since then the Dragon Chain token has lately risen past $2 and is maintaining momentum even in the current Bitcoin market. Dragonchain has a fixed supply of 433,494,437 DRGN, and after that, there will be no more new Dragons created.
How Does Dragonchain (DRGN) Work?
Dragonchain is not merely a blockchain but also many other things. The platform is a turnkey solution that offers a scalable, serverless architecture to allow devs to build smart contracts using familiar languages like Python and Java. The incubator provides a crowd scaled environment for entrepreneurs to start blockchain projects. The marketplace offers pre-built libraries of smart contracts and expert services on crypto, marketing, development and legal. The Dragon coin is used to pay for all these services.
How To Buy Dragonchain (DRGN)?
Since it is very new to the market, there are only two places from which you can buy Dragons. Those exchanges are KuCoin and EtherDelta. The way is to use MyEtherWallet and buy Ethereum or Bitcoin from Coinbase or CEX.io and then use service like Gate.io to exchange the Bitcoin or Ethereum for Dragons.
Dragonchain (DRGN) Price Prediction 2018
Dragonchain can be a profitable investment option. Dragonchain price equal to 0.816 USD at 2018-03-23. If you buy Dragonchain for 100 dollars today, you will get a total of 122.622 DRGN. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-03-18 is 17.476 US Dollars. With a 5-year investment, the revenue is expected to be around +2042.95%. Your current $100 investment may be up to $2142.95 in 2022. Dragonchain (DRGN) price today is $0.816 and have the current supply of 238,421,940 DRGN. The market cap value is $193,652,975, and the volume is marked as $1,255,190 .