Dragonchain: Partnership with M2030, The team at Money 20/20 Asia, Public beta launch of Dragon Den, Academy’s New Tokenized Knowledge Economy
Biweekly update 7th March — 21st March
This is not financial advice.
During the last two weeks, Dragonchain illustrated high social activity in the media landscape. The team attended DCBlockchain Summit in Washington where Joe Roets had a speech on recent Dragonchain solutions as proof of what businesses can deploy today. At the summit Digital Chamber presented on their “National Action Plan for Blockchain” and Dragonchain team published a blog post with their key takeaways. Dragonchain Developer, Taban Cosmos, was a featured speaker at the Code Fellows campus in Seattle with presentation on “Quick Dive Into Blockchain”. These days Dragonchain team is attending Money 20/20 Asia in Singapore. During the conference, Dragonchain already announced their partnership with M2030, a humanitarian organization dedicated to fighting malaria, created by Asia Pacific Leaders Malaria Alliance (APLMA). The Tokenized Knowledge Economy launched as part of Dragonchain Academy’s new tokenization model. The Dragonchain community continues to grow slowly. Development is still in progress mostly in private repositories. Last week Dragonchain announced the public beta launch of Dragon Den, blockchain based social networking application. Dragon Den expects to see a full public release in Q3 2019.
Also there are private repositories (~100 private repositories on commercial GitHub).
Dragonchain CEO Joe Roets in Official Telegram group:
“Dragonchain, Inc. began in 2017 and has been developing the enterprise and scalable platform on multiple private and proprietary repositories.
We’ve stated from the beginning that we intend to make the open source codebase network compatible with the commercial platform. We expect to do that sometime in 2019, and will involve an update to the open source codebase.”
Dragonchain has announced the public beta launch of Dragon Den, its blockchain based social networking application.
In the current environment, social networks have no established way to verify users and content published. As a result, popular content end up littered with spam, trolls, scams, and fake news. Data ownership on these platforms is limited, therefore content creators aren’t rewarded for high-quality content produced, and risk their work being plagiarized. Verifying content published on these platforms is not only difficult to do, but can become very costly.
Dragon Den, a tokenized community platform built on Dragonchain, incentivizes the creation and evaluation of quality content on a blockchain. Dragon Den’s reward model focuses on evaluating content within individual communities, grouped by a common topic or area of interest. Each community decides whether content has merit.
“Dragon Den was designed around core principles to resist spam, trolls, and purveyors of fake news by rewarding users for creating and evaluating quality content in a community,” said Joe Roets, CEO and founder of Dragonchain. “It utilizes tokenization and the capabilities of the Dragonchain Platform to combat the prevailing issues seen across all major social networks.”
Dragon Den expects to see a full public release in Q3 2019. If you are interested in being a part of the public beta program, please apply for access.
- March 6th-7th, 2019: The Dragonchain team attended DC Blockchain Summit 2019 hosted by the Digital Chamber of Commerce, Washington DC, United States. There was also Dragonchain CEO Joe Roets keynote on recent Dragonchain solutions as proof of what businesses can deploy today.
See also Dragonchain at DC Blockchain Summit 2019: video.
Dragonchain was proud to sponsor DCBlockchain Summit where Digital Chamber presented on their “National Action Plan for Blockchain.” Read about their key takeaways and what you can learn about driving blockchain adoption:
- 3 Takeaways from the National Action Plan and Government Support for Blockchain Technology: What the Chamber of Digital Commerce can teach you about conveying the benefits of blockchain.
In February 2019, the Chamber of Digital Commerce released the National Action Plan for Blockchain, which outlines the ways in which legislators and government agencies can support the growth of blockchain technology. This document is more than just a push for blockchain implementation and the acceptance of digital assets, it is a roadmap with concrete action items that help achieve these objectives. As a product of the world’s largest blockchain trade organization, the National Action Plan sets a high standard for blockchain advocacy, but you can easily adopt some of its strategies when presenting the value of blockchain to your peers and clients.
No matter how extensively you cover the benefits of your blockchain product or solution, your messaging will not have much of an effect if these benefits are only understood by a small audience. Though details like transactions per second, transaction cost and token classification can be useful for the purposes of differentiation, they are also features that are lost on many potential clients. Like the National Action Plan, you should use language that is detailed enough to capture the unique advantages of blockchain while also being legible to entry-level users and those outside of the community.
Finding a balance between technical and non-technical language takes effort, but it is crucial for customer engagement and buy-in. If you use too little technical language, audiences will not see how blockchain differs from what they already have, but use too much and they will get lost. Whenever possible, do your research on who you will be presenting to and try to speak in the terms they are familiar with, whether that’s operating costs and ROI or smart contracts and consensus mechanisms.
Call to Action
A common pitfall in blockchain discussions is overwhelming someone with details on what blockchain can do, while forgetting to address what they can do with blockchain. This may sound like semantics, but it is just as important to explain the experiential side of blockchain as it to explain blockchain capabilities. As an example, someone can fully understand the technological implications of having 5 second fixed blocks, but it does not necessarily mean they will see the value of such a feature. Any time you introduce someone to blockchain, your goal should be to put them in an active role, thinking up solutions and potential uses, rather than a passive role where they are only absorbing facts.
In terms of blockchain adoption, it is not enough to show someone the “how”; to convert a potential customer or blockchain enthusiast, you must also show them the “why”. This is a point that the Chamber of Digital Commerce handles very effectively, not only telling government officials how to feel about blockchain, but what to do in order to support it. It takes an extra step to put someone in the shoes of a user, but doing so is often the deciding factor in their conversion process; once they have an idea of how they might implement blockchain, they’ll often do the rest.
Targeted Information and Use Cases
Anyone that’s spent any amount of time in the blockchain community knows just how expansive it is from both a technological and business standpoint. The amount of informational material available in the space increases as blockchain companies, use cases, and solutions are introduced into the market. These developments are accompanied by articles, podcasts, and videos, which are helpful to those already in the field, but only add to the mountain of content a prospective newcomer needs to sift through.
As someone trying to communicate the benefits of blockchain, your objective is to pull out the most relevant and noteworthy use cases for your audience. It only takes one example of a blockchain business or functionality to hook someone in, so it’s important to be selective and realize that the use cases that interest you are not necessarily the ones that will interest a client. The National Action Plan provides a good example of this in practice, focusing on blockchain implementations in cybersecurity, healthcare, and financial services- topics that would interest the government officials it was aimed at. If your use case for blockchain revolves around tokenization, but your client is interested in security, your argument won’t have the desired outcome, no matter how passionate or well-spoken you are in your topic of choice.
Through the National Action Plan, the Chamber of Digital Commerce successfully explained the very technical topic of blockchain technology using tried-and-true methods. Your target audience may not be the US Government, but you can just as easily employ the techniques that brought Chamber of Digital Commerce success. For more tips on pitching your blockchain business or solution, read team’s newly updated Blockchain Project Planning Guide.
- March 15th, 2019: Dragonchain Developer, Taban Cosmos, was a featured speaker at the Code Fellows campus in Seattle with presentation on “Quick Dive Into Blockchain”.
- March 19th-21st, 2019: The Dragonchain team is heading to Singapore for Money 20/20 Asia.
- May 16th-18th, 2019:The Dragonchain team is heading to Paris for VivaTech, the world’s rendezvous for startups and leaders to celebrate innovation together.
Dragonchain announced at Money 20/20 Asia the launch of the Tokenized Knowledge Economy as part of Dragonchain Academy’s new tokenization model.
Dragonchain Academy is a tokenized education marketplace built on the Dragonchain Platform, utilizing blockchain to track and award certifications through Dragonchain’s Learning Management System, Lyceum. Its underlying technology and wide range of capabilities can be used to create a curriculum for virtually any subject, personalized to meet any organization’s training needs.
Completing any of Dragonchain Academy’s current courses rewards a user with an immutable and tamper-resistant certificate stored on the blockchain. Course completion is planned to be rewarded with the mining of KNOW, an ERC-20 token included in Dragonchain Academy’s new tokenization model. KNOW is used to access premium course material and acquire a provable Knowledge Score™. This Knowledge Score is representative of a user’s acquired knowledge and mastery in various subjects and is the basis for mining new KNOW tokens.
“We are excited to announce Dragonchain Academy’s new direction and Tokenized Knowledge Economy,” said Sieng Van Tran, president of the Dragonchain Academy. “As global financial conglomerates rush to tokenize assets, knowledge is the most valuable asset one could tokenize.”
Sieng Van Tran (@sieng)on Twitter:
On March 13th, 2019:
On March 17th, 2019:
- Dragonchain Academy’s first developer course and certification released at the end of the February: Learn how to write and deploy smart contracts on the Dragonchain platform. Sign up to Daragonchain Academy mailing list to get first access to this course.
There is a slight increase in the number of token holders these weeks.
- A Snapshot of Transaction Statistics from Dragon Net.
- Dragonchain Wyrm Holes give you the ability to transfer tokens from one blockchain network to another. Learn more here.
- DragonScale — Publication of model
- DragonScale — Competition launch
- Academy — Additional courses
- Academy — Productized LMS
- Takara — Adoption metrics reporting
- Privacy Products — whitepaper
- Consulting services launch
- Commercial platform — on premise capabilities
- Commercial platform — sandbox (LAB)
- Time Products — Marketplace listing
- Marketplace — vendor enrollment features
- DragonDen — launch
- Patent — licensing standardization
- Commercial Platform — expanded dashboard features
- Privacy Products — Launch
- Dragon Factor — expanded features
- Commercial Platform — multi-cloud capabilities
Partnerships and team members
Dragonchain announced their partnership with M2030, a humanitarian organization dedicated to fighting malaria, created by Asia Pacific Leaders Malaria Alliance (APLMA).
M2030 brings together businesses, consumers and health organizations in a unique partnership to eliminate malaria in Asia by 2030. When M2030 branded products or services are purchased, 100% of the contribution goes directly to malaria programs that save lives in Asia.
As M2030’s technology partner, Dragonchain will provide blockchain-based services and the capabilities of the Dragonchain Platform, starting with Vietnam. These will facilitate the donation process and increase the transparency of contributions. Blockchain functionality will help create an immutable and transparent record of donations, while also allowing organizations to track the use of contributions by implementing partners.
“We are excited to partner with Dragonchain in Vietnam. By using their services and capabilities, we can enhance the trust in M2030,” said Patrik Silborn, co-founder of M2030. “By working with Dragonchain, we will be able to onboard some of the best businesses in Vietnam, and ultimately end malaria once and for all,” added Gerard Teoh, co-founder of M2030.
“Dragonchain’s mission is to empower everyone to overcome global challenges with blockchain,” said Shirly Roets, president of Dragonchain Foundation. “This partnership will eliminate barriers commonly faced by humanitarian groups and leverage blockchain’s unique functionality to support M2030’s goal.”
M2030 is incorporated in Singapore. M2030 is both a brand and movement. M2030 corporate partners can use the M2030 brand for awareness raising campaigns or for branding select products and services. In return, they pledge funds to fight malaria in the countries where the money was raised, working with the Global Fund, or directly with reputable NGOs. 100 percent of all funds donated by companies go directly to programs.
- New Trading Campaign for Dragonchain, on Coss.io, starts March 19th.
- We’d like to thank Hanwha for hosting Dragonchain at Money2020:
- Jonel (admin): “Don’t pay attention to rumors. There’s too many in this industry guys. Pay attention to our fundamentals. Pay attention to what we are doing. What we have public that’s public. What we don’t have public is because of legal NDAs.”
- BlackCat Blockchain Investments appearance in national television emprendeTVE with Dragonchain.
- Dragonchain in Episode 12: The ICO Ice Age — Back to Banking article by Meltem Demirors:
Social media metrics
Dragonchain community continues to grow. Despite the fact of growth in other social media, there is a slight decrease in the number of subscribers of Dragonchain Telegram channels these weeks.
Facebook — Announcements, publications with 25–50 likes, 5–10 shares.
Twitter — Average number of retweets is 50–100 for one post.
- Dragonchain Academy Twitter — since November 26th, 2018.
- Dragonchain Academy Medium — since January 10th, 2019.
- Dragon Factor Twitter — since November 26th, 2018.
Bitcointalk.org: since August 17th, 2017. Discussion on latest news, price, etc. Last post — on March 18th, 2019.
Dragonchain also has Kakao talk for koreans.
The graph above shows the dynamics of changes in the number of Dragonchain Facebook likes, Reddit subscribers and Twitter followers. The information is taken from Coingecko.com.