DragonBite project review

DragonBite is a Decentralized Asset Management platform where people can store and swap all kinds of digital assets. Users can use DragonBite to monitor their portfolio, redeem reward points, buy fiat currency and reward points.

Rich Dragon Consultants Limited (DragonBite) was established in 2019, headquartered in Hong Kong & Singapore.

1. What does the DragonBite ecosystem include?

DragonBite’s governance mechanism is based on 2 digital tokens called BITE and BITE Point

2. DragonBite BITE (BITE)

BITE is a cryptocurrency issued by DragonBite, used in DragonBite’s ecosystem, including buying, selling, C2C transactions, conversion and deposit.

Business activities such as advertising, issuing vouchers, reward points, .. user contributions in the ecosystem.

BITE holders can join loyalty programs when converting rewards points, e-coupons or gift cards to crypto.

BITE will also be used to auction rare properties and resell them on the secondary market.

Users can store BITE in DragonBite app and conduct staking activities to earn more BITE.

3. DragonBite Point (BITE Point)

BITE Point acts as a medium of exchange between Digital Assets and provides liquidity to buyers and sellers, pegged 1:1 against USD.

While DAI can only mortgage assets on the ERC-20 platform, BITE Point supports all types of digital assets on many different platforms, like Polkadot there are: BITE, OM, DOT , Rfuel, KSM,.. Asset types ERC-20, EOS, ADA, XTZ, BTC.

BITE Point is currently used at many DragonBite partner stores around the world.

4. Fund raising history

DragonBite received $2.8 million in just 48 hours from famous VCs with quality partnerships: Blocksyns Ventures, Megala Ventures, Manus Capital, Titan Ventures, Aussie Capital, SMO Capital, Vendeltta Capital, Mantra DAo, Polka Bridge, Summit33 .

5. Teams

DragonBite development team is very experienced in Digital Marketing, technology, banking, fintech. They are gathered from many countries such as: China, Hong Kong, Singapore, USA and UK

Mickael Costache (CEO)

Mickael Costache is the Regional Director of Middle East, Asia and Africa at Espeo Blockchain, one of the leading blockchain consulting and development studios in the world. Mickael is also an ICO advisor, working mainly with companies based in Asia

Elvan Yau (COO)

Elvan is an entrepreneur, investor and private banker. Elvan Yau is Co-founder of Cryptotal.io, founder of Voyhub Hygiene, authorized agent of Hospital Authority, Great Eagle, Sino, JLL, MTR, Disney.

6. Partner

Partnerships with Blockchain projects, leading VC funds such as: Blocksync Ventures, MantraDAO, Hex Trust, RioDefi, Magnus Capital.

7. Where to get BITE?

Users can earn BITE through DragonBite’s give away campaign. Link: https://dragonbite.medium.com/dragonbite-giveaway-campaign-b2b7f26e675.

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