The Dragonchain Token Sale
Dragons are a tokenized micro-license (patent pending) used to interact with the Dragonchain Commercial Platform. The token captures legal guidance regarding US Securities Law.
The price of a Dragon was set by the market over the period of the sale. Participants received Dragons equal in value to the BTC or ETH contributed.
Market price for Dragons was determined at close of sale based upon total amount raised, against fixed supply available in public sale.
When was the Dragonchain token sale?
The Dragonchain token sale began October 2, 2017 and ended November 2, 2017.
Was there a cap on contributions during the token sale?
There is a fixed supply of 433,494,437 Dragons.
There was no cap on contributions and Dragons were be distributed proportionally based upon Bitcoin value contributed per sending address.
There was neither a hard nor soft cap.