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Dragonchain

Dragonchain (DRGN)

$ 0.01
6.23 %
Main info
News
Comments
Markets
Analytics
Market cap
$2.52M
6.23 %
Volume (24h)
$376.6
6.23 %
Circulating supply
370,772,651 DRGN
Total supply
433,494,437 DRGN
Max. supply
433,494,437 DRGN

About Dragonchain

The project started as the “Disney Private Blockchain Platform” and was later released as open-source software in 2016. DragonChain is providing the serverless ecosystem that allows companies to start using blockchain applications in an easy, private, and secure way. They aim to give businesses a “turn-key” product that is compatible with the development stack that companies are currently used to like Java, C++, and Python. This means that businesses will now be able to build their own smart contracts (on the DragonChain platform) using common programming languages.

Key data

updated $0
Market cap$2.52M
Volume 24h$376.6
Circulating supply370.77M86% of max 433.49M
All-time high$5.46-100% from peak · 2018-01-08

Dragonchain (DRGN) is a hybrid blockchain platform originally built by a team at Disney in 2014 and later released as an open-source project. In simple terms, it lets businesses build their own blockchain applications while keeping sensitive data private, and only share what's needed with public networks like Ethereum. The DRGN token powers the whole ecosystem.

Frequently asked questions

What is Dragonchain and how is it different from other blockchains?

Dragonchain is a hybrid blockchain designed for enterprise use — it was actually incubated inside Disney before becoming an independent open-source project. Unlike fully public chains, it lets each business run its own private blockchain layer, then selectively verify data on public networks. This 'best of both worlds' approach is its main selling point.

How does Dragonchain's consensus work?

Dragonchain uses a five-layer consensus model. The first layer is the business's own private network, and each subsequent layer adds independent verification — including community-run nodes and public blockchains like Bitcoin and Ethereum. This layered design means transactions get flexibility and privacy at the bottom, and public, tamper-resistant proof at the top.

How is DRGN token issuance structured?

DRGN was issued through an ICO in late 2017, and the total supply is fixed — there's no ongoing inflation or mining of new tokens. The token exists as an ERC-20 asset on Ethereum, with the official smart contract at 0x419c4db4b9e25d6db2ad9691ccb832c8d9fda05e. Tokens not sold during the ICO were allocated to the project, team, and reserves.

How can you store and use DRGN?

Since DRGN is an Ethereum-based token, any wallet that supports ERC-20 assets works — popular choices include MetaMask, Trust Wallet, and hardware wallets like Ledger. Within the ecosystem, DRGN is used to pay for platform services, access Dragonchain's incubators, and earn rewards through community verification. Always double-check the contract address before sending tokens anywhere.