Dragonchain

Dragonchain(DRGN)

Developed In 2015 and 2016 as the Disney Private Blockchain Platform, later released as opensource. Dragonchain focuses on providing a simple, scalable and secure platform for companies and startups. Dragonchain also features an incubation program and a developer academy to increase adaptation.
  • Market Cap
    $148.766.946
  • Price
    $0.623965
  • Category
    Business services
  • Origin
    United States
  • Team Size
    10-15
  • Initial Release
    02/10/2017
  • 10-8 High Potential
  • 8-7 Potential
  • 7-6 Considerable
  • 6-5 Risky
  • 5-0 Scam
Satoshi Rating
  • Product Ratings
    7.0
  • Team Ratings
    7.4
  • Execution Ratings
    7.3
Product
  • The need for the product ⓘ

    8
  • Total addressable market size ⓘ

    8
  • Product/market fit ⓘ

    7
  • How is the product compared to existing solutions? ⓘ

    7
  • How difficult is to make the product? ⓘ

    7
  • Could this product scale? ⓘ

    9
About Product
In 2015 and 2016 developed as the Disney Private Blockchain Platform, later released as opensource. Dragonchain focuses on providing a simple, scalable and secure platform for companies and new startups. Dragonchain also features an incubation program and a developer academy to increase adaptation.
Team
  • Team's previous experience ⓘ

    8
  • Does the team have a clear vision? ⓘ

    8
  • Is technical team sufficient for building the product? ⓘ

    8
  • Is the team active? ⓘ

    8
  • Is the team size big enough? ⓘ

    7
  • How is the team growth? ⓘ

    8
About Team
This is a blockchain designed with the needs of businesses in mind. Such as private blockchains & smart contracts, AWS deploy, support for popular programming languages, and a rapid development environment. Also through incubation program, Dragonchain foundation is going to support startups and provide legal, technical, economic & marketing advice. There is a market for these kind of cross-compiler virtual machines.
Execution
  • Could this team get the product into a market? ⓘ

    8
  • Could they do it in time? ⓘ

    8
  • Did they meet previous deadlines? ⓘ

    9
  • Is the marketing strategy sufficient? ⓘ

    7
  • Team’s previous achievements ⓘ

    8
  • Strategic partnerships ⓘ

    8
  • Current market size ⓘ

    6
About Execution
Dragonchain has an accomplished team, impressive backgrounds. They are experienced in building apps with AWS. Most of the execution team is worked on Disney before.
Editor's note

We find it difficult to evaluate the value of this coin. The team and partnerships for the coin are strong, the market for the business-focused platforms exist, but the solution is not as strong as the others. The programming language is not a big barrier for a company that wants to get into the blockchain, private blockchain is not that different from internal database and security through obscurity is not the best solution for smart contracts. Moreover, we couldn't find any incentive to hold the tokens other than speculation and discount on ICOs. Having said these, big partnerships would create adaptation and if these things become problematic, a solution wouldn't be that difficult to implement.

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Initial Rating: April 22, 2018

Last modified: June 4, 2018