What is Dragonchain (DRGN)?
Dragonchain is a hybrid private/public blockchain. It's tailored specifically to the needs of corporations, startups, and programmers who want to build blockchain applications. To create dApps on-premise or in multi-cloud setups, developers can code their own smart contracts in any coding language, including C++, JavaScript, Python, and others.
The Dragonchain crypto project can connect to various blockchain systems on Ethereum, Bitcoin, BSC, and other chains through the Interchain feature. This includes systems like IoT, oracles, APIs, supply chains, and so on.
Moreover, the Dragonchain has a DragonFund Incubator that allows developers to launch their projects through the YCombinator feature. Also, it has the Dragonchain Marketplace, where pre-built smart contracts can be bought.
Additionally, the blockchain has business-ready developer-friendly solutions such as Learning Management System, Decentralized Identity, and Anti-Fraud and Compliance mechanisms.
The native token of the project is DRGN. You can check the current DRGN price on the Dragonchain price chart above.
Use Cases of DRGN Tokens
DRGN tokens are the driving force of the project. The following are their main use cases:
- DRGN tokens are needed for facilitating any function on the platform. This includes creating smart contracts, launching nodes, and so on.
- Dragonchain tokens are used for rewarding developers for their contribution to Dragonchain's open-source code.
- DRGN tokens are needed to access projects on the DragonFun Incubator.
Don't forget to check the current DRGN price if you plan to purchase these tokens. Use the Dragonchain price chart above.
Who Founded Dragonchain?
First created in-house at The Walt Disney Company in Seattle by Joe Roets in 2014, the Dragonchain crypto project was made available to the public in 2016.
For more than two decades, Joe Roets has worked as a software architect. Besides, he is the founder of many successful IT companies and a true pioneer in the crypto world. Some of the companies in which he worked include The Walt Disney Company, Lockheed Martin, Overstock, Coinbase, and Compuware.
Tokenomics of DRGN
The max supply of DRGN is 433,494,437. The initial coin offering (ICO) for the Dragonchain token was held between the dates of October 2nd, 2017, and November 2nd, 2017. As a result of the sale of DRGN during the ICO, the project was able to raise $13,700,000.
