Measures absolute and relative price fluctuations over several time frames and other variables.
Calculates returns in comparison to moving averages and other factors.
Measures the ability to scale, upgrade and other technological weaknesses or strengths.
Evaluates public acceptance, participation of developers and other key factors.
Dragonchain has been around since 2015. Development began at the Seattle-based offices for the Disney corporation by a group of developers working there. The distribution of tokens was organized in a fashion in which the participant’s percentage of bitcoin or ethereum was matched with the same percentage of dragons.
No discounts were offered during the ICO. By contrast to other cryptos, DRGN is a U.S. offering and has always been open to American investors and U.S. dollars, however, this does not decrease the risk for investors. Compared to other altcoins, DRGN seems to run middle-of-the-road.
DRGN performance is typical of most other altcoins to date in 2018. The tech behind Dragonchain – along with the backing of Disney – should allow reasonable ROI for investors. DRGN performed well in January 2018, as did most other altcoins. The coin has settled at a lower price, which is a more realistic valuation for this token.
Dragonchain is known as the Disney blockchain. The platform was designed for business applications and is used to increase privacy and security for business facing blockchains. The scalable platform is developer friendly and works with a variety of programming languages such as Java, Python and C#.
The developer team is lead by Disney development veteran Joe Roets. The team has many years of software engineering experience for Disney and over 40 years of combined software architecture and engineering experience. Paul Sonier serves as the CTO. Sonier has more than 20 years of software engineering experience.
Dragonchain has a strong technical team with many years of experience. The outlook remains positive as the platform has evolved to a non-profit, open-sourced project. The platform is designed as a serverless system with advanced currency capabilities to assist a broad range of business sectors. Additionally, Dragonchain offers project incubators to partner with businesses and give direct access to new integrations, subject matter experts, and business models.