eosDAC EOSDAC to Dragonchain DRGN Exchange

Crypto Pair Details: EOSDAC to DRGN

eosDAC EOSDAC

EosDAC is currently an ERC-20 standard token on the Ethereum blockchain. Once the EOS platform launches, the ERC20 token contract will be frozen and the ledger will be transferred over to EOS through a process, defined by the launch team, that will be described on the eosDAC website and social media channels. BlockMaker Ltd has created a total token supply for eosDAC of 1,200,000,000. These tokens represent the community members of eosDAC, who will own and control the DAC (Decentralised Autonomous Community) once it is launched on the EOS blockchain in June 2018. EosDAC will seek to have it’s tokens listed on a number of major cryptocurrency exchanges. 75% of eosDAC tokens (900,000,000) have been allocated for an airdrop to EOS token holders. All EOS token holders holding over 100 tokens* at the end of Day 300 of the EOS crowdsale (April 15th 2018, 01:00:00 UTC) will receive 1 eosDAC token for each EOS token that they hold, these tokens will be transferred directly into their Ethereum (ERC20 compatible) wallet. The actual airdrop will be made as soon as possible after this date and after we have run necessary tests and checks. All Ethereum accounts that have 100 or more EOS tokens in them at the snapshot on the 15th April will automatically receive the airdrop. Any accounts with less than 100 tokens will not automatically receive the airdrop but will be eligible (until 15th May 2018) to apply using eosdac.io/airdrop. While eosDAC will now include Crypto Exchange wallets in the airdrop, you will need to contact your exchange directly to check that they will distribute the eosDAC tokens to an eosDAC wallet under your control. If your exchange is not prepared to do this you would need to withdraw your EOS tokens to an exchange that does support the eosDAC airdrop, or better still to an ethereum address for which you have the private key. Most exchanges will support airdrop distributions as long as they receive enough customers requesting them to.

Dragonchain DRGN

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.

SOURCE: COINGECKO

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