Dimensions Network is a hybrid trading platform i.e. a platform for cryptocurrency coins and also a support system for standard crypto pairs, options and future contracts with so many other derivative with respect to the company involved.A very set of people will be holding a core position in the platform development, and these are the Strike Coin (STC) token holders in which they have a benefit of receiving a 15% of fees generated from trading in the Ethereum address. In addition to this benefit, token holders will equally receive an equivalent share of the new tokens generated for a real-time currency.
Dimensions network infiltrates the cryptocurrency ecosystem in such a way that it is business-oriented and operative in nature. The target focus for the development of this platform is to make researches and several innovations which is quite helpful in giving reasonable results where real world problems are being solved and standard market level is being attained.
The Dimensions Network Platform has a business plan which are divided into three (3) categories. These categories include; Centralized Trading, Decentralized Trading and Real-Time Currency.
Centralized Trading (a rapid revenue generation): This system helps to build a scalable high performance trading concept for derivatives such as coin pairs, options contracts, future contracts, shortings, margin. There is a delivery of significant financial returns which is directed by a growth in hedging and leverage and also has a part to play in the funding future developments. Institutional clientsuch as a multi-exchange liquidity aggregator will be drawn to using this platform.Banking licenses will be pursued in multiple jurisdictions to guarantee users the ability to deposit and withdraw FIAT.
Decentralized Trading (Security and Transparency): For the replication of the platform, a decentralized network will be utilized which will ensure an unrestricted, open, fully transparent trading and free from centralization risks. A direct linking between a decentralized network and an existing centralized network ensures an existence of an initial liquidity on this decentralized network. Both platforms are complementary to one another and allows an opportunity for the creation of decentralized technologies and protocols for future development. Risk profiles and desires can be met when users interact on this platform e.g. users may want instant transactions in which a centralized platform may be employed while users that want a cryptographically guaranteed security may employ a decentralized platform. The higher the performance of a decentralized network, the higher the possibility of a full migration of users to a decentralized platform.
Real-Time Currency: The third objective is to provide a real transactional currency which exists for the exploitation of a customer’s base to gain traction in key markets.
There seems to be numerous projects which are being done to ensure an improvement in the decentralization of trading exchanges and in the building of a second layer scaling solution in which issues such as trading speed and blockchain capacity can be treated. The latest project at hand is the building of a decentralized Hedge Fund in the form of a Melonport.
Lastly, the link between a decentralized exchange and a centralized exchange will form a type of relationship leading to the creation of a hybrid platform that allows users to interact with their preferential platforms. The performance of the decentralized platform will continue to upgrade as newer technologies keep coming into existence. It therefore becomes impossible to know the blockchain, protocol or project that will be first in implementing a network that is capable of handling both the volume and speed of trades as compared to a centralized exchange, thus, an adaptation to a new ecosystem in which interface with a variety of new systems.
Features and Derivatives of the Dimensions Network.
Options : An option is referred as an open contract which gives enough privilege to the buyer i.e. a right, but not an obligation to buy or sell an asset (underlying) or instrument option involved. The spot price or market price of the underlying commodity is the yardstick for the stake price on the day an option is being taken out or sometimes fixed at a discount in premium. An obligation has been met by the seller in order to conclude the transaction i.e. to buy or sell in case the buyer exercises the option. There are 2 types of option;
Call option : gives the owner the right to buy at a specific price for a specific duration.
Put option : gives the owner the right to sell at a specific price for a specific duration.
Options are known to be used for the following;
Leverage : Without buying an underlying asset, options help you profit from changes in price.
Hedging : In case of price fluctuations, options can let you protect yourself by giving you the option of either buying or selling the asset at a pre-determined price for a specified period of time.
Future Contracts : This is a type of agreement between two (2) parties i.e. the buyer and the seller in which the buyer agrees to purchase from the seller at a fixed cryptocurrency amount at a specific time in the future for a nearly pre-determined price. When transaction takes place, these terms are being agreed upon mutually by both parties. Future contracts are usually standardized because of expiry dates and contract sizes in which a free trade can be met on exchange. There is also a case of anonymity in which the buyer does not the seller and likewise, the seller does not know the buyer. There are different from options in that an obligation must be met when transaction is being executed at an appropriate time. Future contracts come with its advantages such as;
Risk to speculators can be shifted by hedgers.
Traders are imbibed with an efficient idea of whatever the outcome of future price of cryptocurrencies might be.
There is an indication of future supply and demand dynamics attached.
Due to margin trading, few number of speculators are allowed to trade and participate in the future markets in a small margin is being paid rather than an entire value of physical holdings.
Strike Coin (STC) Token and Token Sale
Dimensions network issues a type of token which carries out a several number of functions; this token is the Strike Coin (STC) token. The reward for being a token holder includes a share of the token generated. The initial sale of the STC token which is also called the Initial Coin Offering (ICO) are a standard system practiced within the cryptocurrency industry in which tokens are offered with respect to funding made by early contributors. Ultimately, the funds obtained/generated through this token sale are used to develop Dimensions Network Platform for future purpose.
Reason for Token Sale
The most important benefits of a token sale in this platform include;
People from all spheres of life are allowed to join a business which is it at its early stage to benefit profits from the business, hence, the success of the business. In contrast to this is the Venture Capital where all approved wealthy investors get the benefit of joining at the early stage of the business.
It is very easy to be referred as a stakeholder if one is a token holder.
It is important to know that Initial coin offering sales starts from 24th January, 2018 and ends 24th February, 2018.
Token Details
Name--------------------- Strike Coin
Symbol-------------------- STC
Type----------------------- ERC20
Decimal Places for smallest unit------------18 places
Issuance Price--------------------------- 1ETH=800 STC
Target to Raise-------------------------- 150,000 ETH
Currencies accepted--------------------- ETH
Maximum Possible Issuance---------------- 240,000,000
Restricted Countries--------------------------- China, Singapore, USA.
The countries restricted are due to devices in the IP address in which limits access i.e. IP blocking to token sale in such country. In these countries, e.g. USA, one would not be allowed to purchase STC tokens in the Dimensions Network Initial token sale.
Token Distribution
Token Sale-------------- 60%
Business Partnerships & Advisors----------- 20%
Founders--------------------- 10%
Employee Incentives------------- 10%
Token Trading
Tokens are automatically distributed to the Ethereum Sending Address in which the tokens will be locked up for about 3 weeks after token sale completion in which they become tradable afterwards.
Initial plan for listing include;
Etherdelta
Liqui
Bittrex
Binance
Token Rewards
As aforementioned, a 15% share of the tokens generated will be given as a reward for a token holder. These rewards were once distributed every 3 months as Ethereum tokens to holders with the date of reward issued but recently, plans to move rewards to be given monthly, weekly and daily are being made. One thing to note in the former is that: as the duration between issuance of reward decreases, the volume of reward increases, hence, a need for a new plan to manage the duration of issuance of reward.
To ensure transparency in the receiving of rewards, stakeholders are advised to keep their tokens in a type of wallet i.e. MyEtherWallet or hold them in the platform wallet. The Dimensions Network is trying to implement a cryptographic proof of reserve systems and trading volumes, hence, ensuring transparency which is a vital component to the system.
Reason for 15%
The system is rewarding is both simple and fair. Rewards that are obtained based on profit seems like a nice catch but profit is just a complicated “dance” between costs, revenue and taxation and are manipulated easily by accounting professionals. It is known that large companies commonly use complex structures to give the appearance of little or no tax jurisdiction but only to shift profits to a friendlier tax jurisdiction while smaller companies makes sure they are incentivized equally thereby reducing tax exposure, thus, decreasing the profits reported. This method used by smaller companies can be achieved in a number of ways which involves the reported profit not giving a true reflection of the underlying business strength.
Therefore, the 15% reward for stakeholders help to strike a balance between rewarding token holders and ensuring profitability in business. Studies from Forbes in 2016 showed that report on corporate profitability has 11 out of 20 largest companies have greater than 15% profitability in which to ensure continuity in profitability and a competitive cost of operation, a realistic reward percentage should be proposed.
Building a Real-Time Cryptocurrencies
Recently, a large number of companies today are trying to change the position of blockchain technology towards where it could be easily used as a real-time currency used by billions of people daily. There is a compelling value proposition in which the use case and network effect gives the blockchain an incredible financial value. The following below are various platforms with respect to their strengths and weaknesses.
Dash:
• Strength: There is existing commercial partnerships and users.
• Weakness: It establishes a blockchain which is difficult to implement.
OMG:
• Strength: It develops a blockchain which targets a fast, high volume transactions and interface with existing blockchains.
• Weakness: A new blockchain which is currently under development is faced with unknown challenges.
Dimension Network:
• Strength: There is direct access to varied customer base from trading platforms. Also, a multi-network approach to a decentralized real-time currency could be faster than single network approaches.
• Weakness: It is not a first mover
• Threat: All existing companies become expanded or a new entrant usually takes market share before platform is released.
• Opportunity: There is access to international retail customer base in which turn makes provision for a competitive advantage on geographic expansion.
Operation Key Activities of the Platform
The following below are the operational key activities of the Dimensions Network platform;
There is a continuous improvement of the trading platform i.e. it is fast, convenient and private(secure).
Knowledge can be shared among departments.
Employee training is ensured.
Financial reporting.
Continuous monitoring of competitors and making necessary adjustments in approach
Awareness via production of educational materials is utilized.
Competitive Priorities of the Platform
Monitoring, identifying and understanding of consumer needs.
An intuitive interface development
Adaptation to changes in technology and response to customer enquiries in a timely manner.
Website;https://dimensions.network/
Whitepaper:https://dimensions.network/static/home/doc/DimensionsNetworkWhitepaper.pdf
Facebook:https://www.facebook.com/dimensionsnetwork
Twitter:https://twitter.com/DN_STC
Telegram:https://t.me/DimensionsTalk
Bitcointalk;https://bitcointalk.org/index.php?topic=2261537
My profiel:https://bitcointalk.org/index.php?action=profile;u=1856275
Eth:0xF6BEC841b139F9Ab7Aa1826c518D3E1FBA785F36
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