Dimensions Network: Cryptocurrency Trading Platform


2017 has been a really enthralling year for cryptocurrency holder with insane fluctuations in the value of cryptocurrencies from time to time. However, there are many technical hurdles to cross before cryptocurrency is finally acknowledged as a formal form of currency with a stabilized valuation.
Many organizations have already been developing ways to counter the ill effects of the crypto economy. The innovations being made mainly revolve around decentralization and scaling which include second layer protocols, cross chain interconnectivity, blockchains, decentralized trading networks and making cryptocurrency more economy friendly.
Introduction
Alike most organizations, Dimensions Network, is also one which is working towards the same goal and aspires to complement rather than compete against similar initiatives.
Vision
  • Build and operate an efficient cryptocurrency trading platform, with services spanning across coin pair trading to options, futures and other financial portfolios.
  • Establish themselves as one of the premier players in the cryptocurrency trading market along with interconnected fund pools.
  • Improve the fiat payment system with latest innovations to acquire global reach and make cryptocurrency available to the markets.
Implementation
  • Centralized Platform
Build a scalable high overall performance buying and selling platform for: coin pairs, margin, shorting, options contracts, futures contracts. This platform will supply extensive monetary returns as the appetite for hedging and leverage grows and will assist in the direction of investment future trends. Our Institutional customers will be drawn to our platform by means of our multi‐trade Liquidity Aggregator. We will pursue banking licenses in more than one jurisdictions to assure our users the potential to deposit and withdraw FIAT.
  • Decentralized Platform
Our second goal is to make use of decentralized networks to mirror our platform. This will permit unrestricted, absolutely transparent buying and selling, unfastened from centralization risks. The initial Liquidity on this decentralized community will come from linking this new decentralized platform to our existing centralized platform. The two systems supplement one another and allow breathing room for the future development of decentralized technologies and protocols.
  • Real Currency
Our final objective is to produce a real-time transactional form of money and make the most our patron base to gain traction in key markets.
Key features of the product
  1. Exchange Aggregator
Their Institutional customers will be drawn to our platform by means of their multi‐rade Liquidity aggregator. A key requirement to entice institutional clients to our platform is to have the great marketplace liquidity. To this end they will construct an Aggregator which connects their platform to all foremost exchanges via their APIs and provides their liquidity to them.
  1. Trading Engine
The trading engine consists of matching engine for every financial instrument. where each matching engine runs as a node underneath the umbrella of the exchange.
To begin with the trade will aid the following order types, and then increase as required by way of our users:
  • Market Order
  • Limit Order
  • Stop Loss
  • Stop Limit
  • Trailing Stop Loss
  • Trailing Stop Limit
Token Sale and ICO details
Strike Coin (STC) is a token issued via Dimensions network to bring out a quantity of capabilities.

To begin with the token will be used to distribute rewards to our token holders. A percentage of the trading prices generated by Dimensions community will be shared with our token holders as a 'reward'.
ICO Critical Dates:
  • Token Sale Start: 24 Jan 2018 06:00 (UTC)
  • Token Sale Finish: 24 Feb 2018 06:00 (UTC)
**Token Details: **
  • Name -Strike Coin
  • Symbol- STC
  • Type - ERC 20
  • Decimal Places for Smallest Unit - 18 Places
  • Issuance Price - 1 ETH = 2,400 STC
  • Target to Raise - 50,000 ETH
  • Currencies Accepted - ETH
  • Maximum Possible Issuance - 240,000,000
  • Restricted Countries - USA
Token Distribution:
  • Token Sale - 60 %
  • Business Partnerships & Advisors - 20 %
  • Founders (Tokens locked up for 2 years) - 10 %
  • Employee Incentives - 10 %
The Final Verdict
Despite the fact that the cryptocurrency buying and selling platform challenge is just getting started out, the concept of a hybrid solution appears very interesting. The closing achievement will of course rely on the price range accrued all through the ICO, and to date Dimensions network's social channels do now not recommend excessive degrees of investor interest.
However, if the optimistic economic projections of the STC proves to be successful, then the token holders could be capable of gain from an appealing fee structure, which in turn ought to translate into elevated reputation of the new crypto asset.
Important links
Authored By: Etheran

Comments

Post a Comment

Popular posts from this blog

LCCX - EASY CRYPTOCURRENCY EXCHANGE

Image
The cryptocurrency market is exploding with the enormous number of the signups every day. More and more people are investing in the cryptocurrency as future is no away when the cryptocurrency will be used as everyday currency. Still, the researchers found that the number of sign-ups is hindered as the exchange of cryptocurrency is not an easy task. The market demands the platform which can make the exchange of cryptocurrency more feasible and easy task. The LCCX is the platform developed to the exchange flow easy and secure using blockchain technology. The current exchanges are stopping because of hacks where they lost billions of money so LCCX is developed which is fully hacked proof platform. Let's know more about the project. LONDON CRYPTOCURRENCY EXCHANGE The platform is London based venture backed by blockchain technology allowing the easy and convenient exchange of cryptocurrency. The platform will allow traders to buy and sell their crypto coins in the most secure en...
Read more

INVOX FINANCE: CHANGING THE WORLD OF FINANCIAL MARKET

Image
In the world of financial marketing, each business has different agreements with its various employees and contractors. Mainly the people involved in the small businesses face the problem of cash flow. The business which is related to the supply of goods and services struggle every day to solve their cash flow problem. The most of them are unable to meet their daily needs and commitments because of the lack of cash being generated on the daily market. Apart from this scenario, in the current market, there is a big problem in the traditional invoice financing. Let us take an example from our daily life for illustrating more on the topic of invoice financial problem. A man is engaged in the business of transportation. He used to offer daily delivery service across the nation. His business usually gets paid for his services in 80-90 days after the invoice for his service is issued. It means that on an average, it may take at least 60 days for getting paid of the service provided. Due ...
Read more

Betex: Connecting People with Advanced Technology

Image
With increment in the world of technology and innovation, there is also huge development in the field of finance. Furthermore, a binary option is considered as the one of the financial derivative instrument which challenges the traders to move in the right direction of price moment for estimating the asset at the given time in the future. When it comes to forecasting, then it varies from a few minutes to years. For receiving the income for a defined right decision under which the price of the asset is expected to move, the traders must use the binary option rather than buy that asset. Hence, it is easier to forecast one of the two possible options prices will decrease or increase. If the forecast is predicted right at the given point of time and the price of an asset is moving in the indicated direction then the trader gain, or otherwise they face loss. Any of the trading pairs which is comprised of the quotes like indices, currencies, minerals, oils, metals etc will be considered ...
Read more