If you are reading this, you must have heard about the latest ICO that is going to revolutionize the gambling market. I am referring to the real gambling market in Macau and various physical casinos and not online casinos. Online casinos have less credibility than physical casinos and sometimes are fly-by-night operations that disappear quickly.
The latest kid on the blockchain is going to solve many of the problems of the junket gambling industry and many ICO investors are excited over this opportunity but there are many investors who are not familiar with ICO. As many investors may have heard of Dragon inc and the Dragon Coin (DRG) from outside the typical ICO circles and this is their first ICO investment.
This article is meant to assist the first time ICO investor who wants to have a piece of the Dragon pie.
Pre-Sales
Dragon Inc had a presale from early November to 3rd December and this was very successful in raising over $20mil through private investors and institutions. This is probably not available to first time investors so you probably did not manage to get into Dragon ICO during the presales.
Pre-ICO Sales
This is where most ICO investors can get into the Dragon ICO. It started on 8th December and will end on 31st Dec. 35 million DRG is offered to the public at a price of 0.00333 ETH per DRG.
On top of being able to be one of the first DRG investors, there is a bonus system that will reward anyone who buys DRG.
Bronze Package
The Bronze Package will give 8 DRG to the person who buys 100 DRG with 0.333 ETH. At the same time, 8 DRG will be transferred to the Dragon Social Fund too.
Silver Package
The Silver Package will give 88 DRG to the person who buys 1000 DRG with 3.33 ETH. At the same time, 88 DRG will be transferred to the Dragon Social Fund too.
Gold Package
The Gold Package will give 888 DRG to the person who buys 10,000 DRG with 33.33 ETH. At the same time, 888 DRG will be transferred to the Dragon Social Fund too.
Trading on Exchanges
There will be another interesting way of buying the Dragon Coin. This is by buying DRG on the exchanges when DRG is listed in January. This will be around the same time as Dragon Inc launches their first junket in Korea. A very interesting time, as listing DRG together with their first launch of junket in Korea will bring a lot of attention to their coin and perhaps the value of the coin.
Anyone will be able to buy DRG from the exchanges but I am confident that the prices traded on the exchanges will be higher than the Pre-ICO sales.
Public Crowdsale
By the time the Public Crowdsale is launched, the use case for DRG will be evident in the usage for the Dragon junkets and confidence in DRG will be much higher. ICO investors will have another chance to purchase DRG from Dragon Inc.
While you contemplate about buying DRG, do take note too that citizen or resident of United States of America, the People’s Republic of China, and the Republic of Singapore are not allowed to buy DRG
Good luck with your ICO investments, do let me know if you have further questions about Dragon.
Do check out the Dragon ICO at the following:
Website: https://drgtoken.io
WhitePaper: https://s3.amazonaws.com/drg-token/Whitepaper-Dragon.pdf
Telegram: https://t.me/joinchat/GY3XhVI7kKluHoOIKZIVHA
Twitter: https://twitter.com/DragonCoin
***************** Article by Jaredl
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1118743
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