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Dragonchain($DRGN)
$0.00685032
Low $0.00573712
High $0.00833087
What is Dragonchain?
Dragonchain is one of the newly launched cryptocurrencies that is attracting crypto enthusiasts following its relaunch. The coin seems to be leading on the technology front irrespective of its market capitalisation trends, which is why it's...
Dragonchain is one of the newly launched cryptocurrencies that is attracting crypto enthusiasts following its relaunch. The coin seems to be leading on the technology front irrespective of its market capitalisation trends, which is why it's also being anticipated to be Ethereum’s competitor. Dragonchain is a hybrid blockchain platform, where sensitive business logic and smart contract functionality is held by the owner. Its cryptocurrency is denoted by the symbol DGRN & has a total supply of 433,494,437 coins. Dragonchain uses serverless smart contracts from its pre-built library. This feature is unique to this cryptocurrency, as it can create smart contracts, with or without cryptocurrencies.
Dragonchain was developed by Joe Roets who is its CEO and Chief Architect with a team of 4 core developers. The team is backed by a strong advisory board with Jeff Garzik on board who is established icon in the Bitcoin network. It was developed after exploration of 20 use cases and applications. It was released under the Apache 2 license in October 2016 to integrate real business applications onto a blockchain, protect business data and operations, currency agnosticism and multi-currency support. The launch of Dragonchain Foundation, a non profit corporation, in January’17 maintains the ownership and responsibility of Dragonchain’s open source code.
Enterprises can easily design smart contracts in a variety of languages like Python, Node, C# & Java. The contracts can be specific to their business needs to include both private internal and public blockchain interactions. The Currency Smart Contracts help organizations to retrieve and transfer specified currency amounts between wallet addresses and check balances which can be run on schemas like ERC20, ERC223, etc. Dragonchain helps enterprises to leverage their models using blockchain by allowing development and integration before the economic model is known. Monetization can be applied after sufficient real data is available & system is functioning.
DragonChain’s platform is establishing a niche in the crypto world with its layered security feature. The 5-layer security model adds great credibility to their overall goal of facilitating business integration into the blockchain. Additionally, DragonChain is seen as a strong rival to Ethereum because of the platform’s ability to scale; an issue that Ethereum has been notorious for. As of January 2018, the DragonChain team is raising funds and finishing development of the platform. Although the exact date is currently unannounced, the DRGN platform is expected to fully launch sometime this year.
Issuance Blockchain
Ethereum
Tags
Funds
Influencers
Twitter Mentions
5 mentions
CoinScouts Grade
Market Statistics
Volume
$20,652.00
Market Cap
$2,530,902.00
Fully Diluted
$2,969,575.61
Market cap Value
0.82 %
Circulating Supply
368,540,931
Max Supply
∞
Total Supply
433,494,437
% of Total Supply
85.02%Self Reporting
Self-Reporting Dashboard (SRD)
Statistics
Dragonchain Statistics
Name
DragonchainTicker
DRGNPrice
$0.0068503224 Hour Trading Volume
$20,652.0024 Hour Volume Change
-19.80%Market cap
$2,530,902.0024 Hour Market Cap Change
12.62%Fully Diluted Market Cap
$2,969,575.61Price change 24 hour
-43.21%Price change 7 days
12.62%Price change 14 days
-48.02%Price change 30 days
-46.77%All Time Low/High
$0.00546548 | $5.46Percentage Change Since All Time High
-99.87%Percentage Change Since All Time Low
29.04%Market cap rank
#1585Volume / Market Cap
0.00816Issuance Blockchain
EthereumCirculating Supply
368,540,931 (85.02%)Max Supply
∞Total Supply
433,494,43724h Volatility
$0.00Twitter Followers
66,666Telegram Users
3,935Reddit Subscribers
608Github subs
n/aGithub issues
n/aDragonchain Markets
Upcoming Dragonchain Events
No upcoming events for Dragonchain known.
Similar projects
No similar projects for Dragonchain known.
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Dragonchain News
SEC Sues Dragonchain Over Unregistered Crypto Asset Securities
The founder of Dragonchain and related entities are facing the U.S. Securities and Exchange Commission allegations that they violated federal anti-fraud provisions for their roles in raising $16.5 million in un...Read full story
y BeInCrypto
Last updated 7 months ago
Bearish
U.S. SEC Charges Dragonchain Founder for Raising $16.5M Via Unregistered ICO
The United States Securities and Exchange Commission (SEC) has charged Dragonchain Inc, Dragonchain Foundation, The Dragon Company, and their founder, John Joseph Roets for allegedly raising $16.5 million in un...Read full story
y Coinfomania
Last updated 7 months ago
Bearish
SEC Sues Dragonchain Over Unregistered Crypto Asset Securities
The founder of Dragonchain and related entities are facing the U.S. Securities and Exchange Commission allegations that they violated federal anti-fraud provisions for their roles in raising $16.5 million in un... Read full story
By BeInCrypto | Last updated 7 months ago |
Bearish
U.S. SEC Charges Dragonchain Founder for Raising $16.5M Via Unregistered ICO
The United States Securities and Exchange Commission (SEC) has charged Dragonchain Inc, Dragonchain Foundation, The Dragon Company, and their founder, John Joseph Roets for allegedly raising $16.5 million in un... Read full story
By Coinfomania | Last updated 7 months ago |
Bearish
SEC Slammed Charges on Dragonchain Over $16.5 Million ICO Offerings
On Tuesday, the United States Securities and Exchange Commission (SEC) sued the Washington-based crypto exchange, Dragonchain, in court. The SEC charged John Joseph Roets over a 2017 initial coin offering (ICO)... Read full story
By Crypto news | Last updated 7 months ago |
Neutral
Dragonchain Slapped With Lawsuit For Selling Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against crypto platform, Dragonchain and its founder John Joseph Roets.... Read full story
By Crypto Economy | Last updated 7 months ago |
Bearish
SEC Files Lawsuit on Dragonchain for Its $16.5M ICO
Coinspeaker SEC Files Lawsuit on Dragonchain for Its $16.5M ICO... Read full story
By Coinspeaker | Last updated 7 months ago |
Bearish