Dragonchain Q4 2022 Report
Here is our Dragonchain Q4 2022 report, as another year in the blockchain industry, ends with a bang!
It was a rough year for the crypto industry. Businesses we thought were focused on supporting technological advancements found themselves insolvent after practicing unethical behaviors often seen in centralized finance. Although some have lost their way, Dragonchain always has focused on how businesses can solve real-world challenges with our suite of capabilities. We’re hopeful that the industry can put “number go up” to bed and instead focus on the utility and fundamental change that blockchain can afford us all.
Update on SEC Complaint
We have submitted our Answer to the SEC complaint. In it, we refuted the claims made by the SEC as most were taken out of context, were misunderstandings, or were factually inaccurate.
As stated previously, we are confident in our position and look forward to finally ending years of back and forth with the SEC. We are confident this will not affect ongoing business or other project plans.
Please continue to be an advocate for blockchain and the crypto-community. If you are in the US, reach out to your representatives with the form found here as well as Crypto-Law’s Connect to Congress automated form.
If you have any suggestions that would be helpful in our case, please feel free to reach out.
Dragonchain Core Development
We continue to make improvements to the core platform by addressing the efficiency and scaling of high-volume business nodes (L1). The new core has been deployed to four projects with multiple instances. The result of these changes is a more scalable system where coding smart contracts is very user-friendly. Developers without smart contract experience and even those unfamiliar with Dragonchain can easily pull down code for smart contracts.
These improvements aim to provide a better hosting environment so businesses can have more flexibility to become more decentralized as they may need. We’ve gotten great feedback and results from everyone and are pleased with the results.
Our migration continues but is in the final stages. The bulk of the process is completed, including the migration of all the chains. Some subsystems still need to be moved, but the most significant parts are finished. Thank you for being so patient as the transition is being done with care so as not to interrupt daily operations and minimize downtime.
We published four blogs, and Joe was quoted in Cointelegraph Innovation Circle in Q4 of 2022.
Future Ready Solutions for Carbon Emission Reporting
Today’s businesses are finding the need to capture and report their emissions data on required disclosures is increasing. Dragonchain offers technology capable of full-scope capturing, reporting, and accounting of carbon emissions to facilitate an efficient and provable workflow process along any value chain.
Dragonchain Proof Systems for Centralized Exchanges
Why is it that no crypto exchanges run on blockchain? Dragonchain offers a fully transparent yet private proof system for any exchange to leverage blockchain for immutable proof and accountability.
Dragonchain offers the only scalable and interoperable Enterprise grade NFT option on the market today. Our Enterprise NFTs are affordable and provide more flexibility to businesses that leverage non-fungible tokens.
Behavior Marketplace AI
Behavior Marketplace AI leverages the use of incentives in a competitive marketplace of behaviors to amplify business goals. This has been shown to produce organic and self-driven behaviors by users that directly meet business goals, sometimes even in unanticipated ways.
Cointelegraph Innovation Circle
What is a practical way to boost crypto’s reputation?
“Focus on real utility for real people. We need to work on fundamentals and real utility for real people. Don’t get seduced by the “number go up” nonsense that has taken such a hold on our industry for so long — that is, mapping “traditional” finance world uses (and fraud) to cryptocurrency tech — which directly results in headlines that may well set the technology back for years in terms of its perception among the general public (for example, LUNA, Celsius, FTX, etc.).” – Joe Roets, Dragonchain
The purpose of DENDAO is for Denizens to request or suggest changes to the entire Den. Social platform. Changes can include changes to the system economy, algorithm, development priorities, and budgeting.
This quarter the community voted in 6 DENDAO votes!
Lair Creation Process
The Lair Creation Process (LCP) is an opportunity for the community to propose and commit LOR to the communities they want to see in Den. Winning Lairs will see their committed LOR used to create NFT-based LOT. Every LOT comes with ownership in the Lair, passive income via a portion of all MTR mined in the Lair, governance access, and free edits in the Lair. The LCP takes place every month. Den has 136 Lairs and has created over 192 million LOT, all on Dragonchain.
There is a Lair for everyone. The New Lair created in Q4 of 2022 includes:
Pop in today to see if any other 127 Lairs strike your fancy!
The Dragonchain team hosts four shows a week. On Tuesdays at 11 am Eastern, Joe (@j0j0r0) hosts Super Happy Dragon Lucky. The show has never missed a week and recently celebrated its 178th episode!
On Wednesdays, Dave (@dis7ant) and some community members host Coffee With Den, where no subject is off the coffee table. Tune in every Wednesday at 9 am Eastern.
On Thursdays, it’s double duty. First, the World Blockchain Round Table airs at 11 am Eastern. A panel of hosts, including Joe, Dave, Greg from RIVET, Lisa, and Satoshi Sean, talk about current events and blockchain-related topics chosen by the WBRT community.
Then, Joe and Dave invite the Den community to our weekly DENDAO call at 3 pm Eastern. Here we discuss issues pertaining to Den.
ICYMI Dragonchain has awesome merch! Our most recent commemorates the most talked about event of 2022.
It was a challenging year for the industry as a whole, and 2023 might prove to be just as fun, but in the end, we are looking forward to 2023 as we hope it will provide clarity for the industry.
Contact us today to see how our suite of capabilities can help you leverage blockchain in an efficient way.