The incubator’s “crowd-scaled” feature aims to significantly increase exposure for company projects. The way it works is, after a business develops their blockchain project in the incubator, they can have it reviewed and scaled by a crowd consisting of individuals/investors from all over the world. The Crowd-Scaled Incubator is where companies can go to develop their blockchain projects by following DragonChain’s standardized process. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies.

Lastly, the DragonChain Marketplace is a support system for client companies. Here clients can access a pool of verified Subject Matter Experts on topics like crypto, marketing, and software development. Also found in the Marketplace is a library of pre-developed smart contracts for clients to use or build on.

Can I Buy Dragonchain With Bitcoin?

It was designed with a modular architecture which makes it easier for developers to create new chains on top of it. The most convenient cryptocurrencies to deposit are Bitcoin (BTC) and Ethereum (ETH). They both have trading pairs with the vast majority of cryptocurrencies listed on KuCoin and therefore give you the greatest amount of flexibility. These key properties, discussed in more detail later, create the infrastructure that allow businesses to run their decentralized applications. To find out more about Kucoin, including how to signup and trade, read our complete review here.

Then you’ll have to wait for the approval and now you can easily trade Gate.io. It is also important to note that a limited presale took place https://www.tokenexus.com/ in August 2017 as part of a strategic partner network. The approximately $1.4 million USD raised was earmarked for development and marketing.

Purchase DRGN at Kucoin

If you want to exchange it to regular currency, trade your Dragonchain for Bitcoin and exchange BTC into euro, dollars or any other currencies. You cannot directly buy Dragonchain using PayPal at this time. If you want to use PayPal, you will have to buy Bitcoin or Ethereum first and then exchange it for Dragonchain by using a cryptocurrency platform like Binance. In summary, the platform’s large list of trading pairs and its exceptional liquidity are its major attractions. Come back to your Kucoin account and access your exchange wallets to check if the funds have arrived. It simply means the blockchain network is still verifying your transaction.

Another notable advisor is Ed Fries; VP of game publishing at Microsoft and Co-Founder of Xbox. The DragonChain team is comprised of eight members with Joe Roets as the CEO and Chief Architect of the protocol. Roets formerly worked for Disney before leaving to commit full-time to the development of DragonChain. how to buy dragonchain Joe Roets is also noted for his involvement in projects at Coinbase and Overstock. Ethereum, for example, provides customers with an ecosystem that runs Dapps and Smart Contracts. DragonChain serves a similar purpose, but is designed to be more secure than the Bitcoin and Ethereum protocols.

Trade Bitcoin for Dragonchain (DRGN)

Soon you will be able to directly fund your account with US dollars and other national currencies to purchase crypto directly. Below you can see the current price of the cryptocurrency in relation to the USD. In more technical terms, DragonChain provides the serverless ecosystem that enables businesses to use blockchain applications in a private and secure manner.

Dragonchain produces its own wallet software that is available for download on its website, which allows you to store Dragonchain on your computer. It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Dragonchain. The Know Your Customer or KYC process is a way to start trading legally and it is a standard process required by a lot of crypto exchanges. Dragonchain is among a small number of cryptocurrencies and blockchain-related projects that are open to United States citizens as well as international residents.