Investor Ideas talks to CEO Chris Ahmad of Dragon Inc. on Track for Largest #ICO to Date; @DragonCoin
Point Roberts, WA - January 3, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in Blockchain content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com release an exclusive podcast interview with CEO Chris Ahmad of Dragon Inc.
Dragon Inc. is on track to generate $500 million for its initial coin offering (ICO), and possibly more, according to CEO Chris Ahmad.
"If all goes well it will actually exceed the $500 million cap. It will be towards one billion," he said.
This would make the Dragon Coin (DRG) https://www.drgtoken.io/ the world's largest ICO to date.
Whitepaper link: https://s3.amazonaws.com/drg-token/Whitepaper-Dragon.pdf
Hear the full podcast here:
Investor Ideas Interviews CEO of Dragon Inc. about ICO
The Dragon Coin (DRG) has a 500 million token supply. They can be used to buy Dragon Global Chips (DGC) which can then be used in Dragon-affiliated VIP gaming rooms or junkets in Macau. Traditionally VIPs or high rollers have to pay an average of a five percent fee to make their money available in Macau and an additional five percent when transferring their money back to their home country. With Dragon, VIPs are only charged 0.5 percent for every purchase and sale of DGC.
"We actually save everyone in the ecosystem from having to pay the really high fees," Ahmad said.
Ahmad said Dragon is still in the ICO presale phase and that the ICO itself would begin early next month.
"We have three phases altogether," he said. "We're now nearing completion of the second phase, which is the pre-ICO. We have left over another 50 million Dragons which we will release on the final phase, which is the ICO, and that should be the beginning of February."
Interview by Samuel Mowers, Investorideas.com
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