ICO
Dimensions Network - A Hybrid Trading Platform

2018-01-17 19:32:00
by Dominic Brown
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Dimensions Network is a hybrid trading platform that supports options, futures contracts and exchange aggregators.

Dimensions Network is a hybrid trading platform that supports options, futures contracts and exchange aggregators. They plan to expand their services into a decentralized network and offer the users a secure derivative trading platform. They will allocate 15% of the trading fees they generate to their ETH Address. Token holders will also receive an equivalent share of the new tokens for their real-time currency.


Platform Technology


Dimensions Network will implement three stages of development. The first one is to build a centralized platform for generating revenue. The second phase is to reproduce the platform to increase the level of security and transparency in the network. The last step is to introduce a real-time transactional currency in the system.


They plan to make the desire for speculating products and sophisticated hedging a reality by offering Margin trading, Shorting, Regular trading, Futures trading, and Options trading,


The technology is fast and scalable as their engine is built with Erland to create a 24/7 availability and with the uttermost scalability. Erland is a programming language used for developing real-time systems used in e-commerce, banking, instant messaging and computer telephony. The language ensures distribution and support for the currency.Dimensions Network is a real centralized liquidity sharing platform that enables users to trade with high levels of confidence. Their aim is to provide a platform for trading other products by offering an advanced derivative trading platform.


One significant feature of the technology is that it allows you to get the best trading price from any exchange in real-time. This option allows you to buy at a cheap rate from a trade service without having an account with them. In simple terms, it aims to create a platform where users can buy and sell at the best possible price from any exchange at any given time. Thus users can save time and effort in searching for the best prices from multiple exchange service.


They support blockchain assets and it plans to launch support for ETH, bitcoin, and USDT for options coin pair trading, and futures. Over the coming months, the networks will create room for other cryptocurrencies. The platform also supports banking license, for users to exchange their currency into FIAT currencies like EUR, USD, KRW, SGD, AND JPY. Lastly, Dimensions Network platform is accessible on mobile devices and web browsers.


The Strike Coin (STC) Token


The platform aims to launch a strike coin token that will be used to distribute rewards to token holders; the tokens will become tradable, three weeks after the ICO completion. It will be listed on Finance exchange, Bitrex exchange, Liquid exchange, and Etherdelta exchange. Dimensions Network assumes that the STC will gain popularity according to its reward system. Yearly bounties will be allocated a total sum of $8.21 million and $10.95 million by June 2020. Right now, the platform focuses on decentralized trading solutions only until the full launch of the decentralized platform scheduled for the end of 2018.


Strike Coin presale took place in October 2017. The sales of the token will hold in January 2018. The primary token deal will stay from January 24th February 14th, 2018. The company seeks to raise more than 150,000 ETH with a maximum token supply of 240,000,000 STC. The exchange rate is set at 800 STC.


The total supply of ICO is 240 million. STC Coins and will be distributed as follows: 60% for token sale, 20% for business partnership, 10% for the founders and 10% for employee’s incentives. The maximum raise is 150,000 ETH, and the available payment is in ETH. Residents in China, Singapore, U.S.A are not allowed to participate in the token


The Team


The CEO of the team is Stephen Mullens. He is a co-operate manager in the energy sector and an expert on cooperate governance, remote operations, risk management. He was the location manager of Completions operations in Turkmenistan. He also worked as a multi-client project engineer in Equatorial Guinea and was responsible for the execution and planning of activities. He is well versed in the programming languages Javascript, Visual Basic, SQL, PHP, and HTML.


Manu Datta is the CTO at Dimensions Network and specializes in Java, SQL, Erlang, Perl, Lisp, C++. He served as a technologist in the Standard Chartered Bank. He also serves as a project manager in CLSA and an analyst at Barclays Investment Bank. Lastly, he was the senior software Engineer in Lehman Brothers located in Japan. He holds various certifications in various programming languages, Computing for Data Analysis, and Introduction to Statistics.


Rin Chwe Me – head of operators. She was the head-of-director at SNOVITIS and beauty consultant at Derma. She holds a masters degree in Cardiff Metropolitan University. Gynn Farrow – is the software consultant and blockchain developer. He is an advisory software engineer at Toshiba Global commerce solutions. He also served as a Driver Software Architect and an Advisory software engineer in IBM.


He graduated from the University of Glamorgan Wales as a graduate of Computer Studies. His has patents for ‘Systems for implementinga User mode Virtual Serial Communications’ and ‘Processing user character inputs having an interface’.


Conclusion


ICOs are the biggest trend in the cryptocurrency market; some ICOs are doomed to fail while others are the next big thing. Although the Dimensions Network platform is new, the hybrid solution idea is fascinating. Success on the platform will rely on the number of funds collected during the ICO. If the optimistic financial projections succeed, the token holders will benefit from the commission program which will translate into the popularity of the new crypto asset.

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