ICO review of Dimensions Network (STC): valuation, analysis, token cost | Digital Rating Agency
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Low level of investment attractiveness
Low development potential, highly speculative investments
B2
12/14/2017
Low
Quality Rate
No detailed scores
ICO
finished
Start: 24/01/2018
End: 24/02/2018

Dimensions Network

About
Team
Sale details
Tokens

Dimensions Network is a hybrid trading platform that offers the following products: coin pairs, margin, shorting, options contracts, futures contracts.

Stephen Mullens
Rin Me Chwe
Manu Datta

The project team plans to issue 240 million STC tokens (ERC20 protocol), with a base price of 0.00125 ETH per STC, which will be distributed as follows: 60% is to be sold during crowdsale and pre-sale, 20% is to be allocated to advisory board members and project partners, 10% is to be distributed amongst the project founders (founders’ tokens are to be frozen for two years) and 10% is to be allocated to other employees. All unsold tokens are to be destroyed. Only ETH can be used to buy STC.

Token Distribution: 

Token Sale  60 % 

Business Partnerships & Advisors  20 % 

Founders (Tokens locked up for 2 years)  10 % 

Employee Incentives  10 %

Rate history

DigRate Rating Committee issued a Quality Rate Low and B2 investment rating score to Dimensions Network – low development potential, highly speculative investment. Dimensions Network is a multi-featured cryptocurrency trading platform, with support for national currency deposits and withdrawals. An aggregator allows for more efficient and profitable trading. The platform supports options and futures trading. The concept and tools that the developers offer are necessary for the further development of the whole crypto-exchange market. Dimensions Network has a demo version of the platform, but it is limited in functionality. The project team also submitted a detailed roadmap and financial plan specifying targets. The information presented in the whitepaper is insufficient for a full evaluation of the business model of the project. It is also not specified how and when the project developers plan to start the implementation of blockchain technologies technically, because, according to the team, there is currently no technology that can support real-time trading. One of the advantages of the project is a detailed analysis of the competitive environment, although information about the legal structure of the company and the experience of the team members is not fully disclosed, which leaves some doubt as to the intentions of the founders and the team's capabilities to implement their plans. The project’s advisory board does not include well-known experts in the blockchain field to date, the team has not signed any partnership agreements with any major companies, and the project has not been able to attract major VC investors. Furthermore, the popularity of the project is low, although the team has presented a marketing plan. Pros and cons of the project, as well as our recommendations, can be found in our report.
Token
Dimensions Network
Price
1 STC = 1 ETH = 2,400 STC
Hard cap
150,000 ETH
Platform
Ethereum
Token type
ERC20
Accepted
ETH
Country
Singapore

Downloads and links

Website
Report
Whitepaper
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Rating scores express an opinion of Digital Rating Agency and do not have any fact-finding mission or recommendations to buy, own, sell any assets and take any investment decisions. Digital Rating Agency does not undertake any responsibility for any consequences, interpretations, judgements, recommendations and other actions directly or indirectly related to the rating score, the rating operations conducted by Digital Rating Agency, any summary and conclusions contained in the rating report and rating releases, or the absence of abovementioned. The only source, depicting the real state of the rating score, is official site www.digrate.com