Why You Should Buy Dragon Coin (DRG) Now
Dragon Coin (DRG) is a digital token that aims to revolutionize the gaming industry by providing cost-efficient and effective facilities for casinos and their patrons. DRG is based on the Ethereum blockchain and can be traded using Coinbase Wallet, one of the most popular and secure crypto wallets in the market.
In this article, we will explain what Dragon Coin is, how it works, and why you should buy it now.
What is Dragon Coin?
Dragon Coin is a platform that seeks to build a community focused on a digital tokenized ecosystem. The platform was created to solve the problem of high costs and risks associated with junkets, which are organized trips for VIP gamers to play in casinos. Junkets require a large amount of stake currency to be on hand whenever a gamer plays, and this increases with each repetition. This creates a huge burden for both the casinos and the gamers.
Dragon Coin solves this problem by tokenizing the stake amount at a low cost, thus reducing the junkets. The idea is to use DRG tokens as a medium of exchange between the casinos and the gamers. The gamers can acquire DRG tokens using their smartphone wallets and use them to play in the casinos. The casinos can then exchange the DRG tokens for fiat currency or other cryptocurrencies at their convenience.
This process facilitates a numerical representation of the tokens in the gamer’s wallet, which reduces the risk of theft, fraud, or loss. It also enables faster and cheaper transactions, as well as transparency and accountability. Moreover, DRG tokens can also be used for other purposes, such as loyalty rewards, social gaming, online gaming, and more.
How does Dragon Coin work?
Dragon Coin works by using a smart contract system that records and tracks all transactions on the blockchain. The smart contract system ensures that all parties involved in the transaction are verified and that the terms are met. The system also ensures that the DRG tokens are minted and burned according to the demand and supply.
The Dragon Coin platform consists of four main components:
- DRG Token: The native utility token that fuels the platform. It is used as a medium of exchange between the casinos and the gamers, as well as for other purposes within the ecosystem.
- Dragon Wallet: The smartphone wallet app that allows users to store, send, receive, and exchange DRG tokens. It also provides access to other features, such as loyalty rewards, social gaming, online gaming, etc.
- Dragon Exchange: The platform that allows users to exchange DRG tokens for fiat currency or other cryptocurrencies. It also provides liquidity and market access for DRG tokens.
- Dragon Junket: The platform that connects casinos with VIP gamers who want to play using DRG tokens. It also provides services such as travel arrangements, accommodation, entertainment, etc.
Why should you buy Dragon Coin now?
There are several reasons why you should buy Dragon Coin now:
- Growth potential: Dragon Coin has a huge potential to grow in the gaming industry, which is one of the largest and most profitable sectors in the world. According to Statista, the global gaming market was valued at $167.9 billion in 2020 and is expected to reach $287.1 billion by 2026. Dragon Coin aims to capture a significant share of this market by providing a better alternative to traditional junkets and gaming methods.
- Limited supply: Dragon Coin has a fixed supply of 500 million DRG tokens, which means that there will be no inflation or dilution of value. As the demand for DRG tokens increases, so will its price. This creates a scarcity effect that makes DRG tokens more valuable over time.
- User benefits: Dragon Coin offers many benefits to its users, such as lower costs, faster transactions, higher security, greater transparency, and more options. Users can also enjoy loyalty rewards, social gaming, online gaming, and other features within the ecosystem.
- Community support: Dragon Coin has a strong and active community of supporters who believe in its vision and mission. The community consists of gamers, casino operators, investors,