The DreamTeam project is a decentralized platform for the creation, development of e-sport teams and building an ecosystem of management of relations between participants in the e-sports industry and online games.
DigRate Rating Committee issued a Fraud Rate Medium and B1 investment rating score to DreamTeam project – Satisfactory Level – considerable risk exposure, high sensitivity to market conditions.
DreamTeam founders have extensive experience in e-sports and gaming, as well as the necessary skills to build a business model. Project participants are active in various thematic forums, meaning the project is known in professional circles. However, the proposed solutions show blockchain technology is not a necessary condition to accomplish the company’s goals.
Besides, the price of the token directly depends on market demand for the company’s services, meaning investment returns depend on decisions made by the team, and the marketing strategy, among other factors.
Pros and cons of the project in our report.
http://digrate.com/uploads/ico_report/DreamTeam_ENG_1.pdf
DigRate Rating Committee issued a Fraud Rate Medium and B1 investment rating score to DreamTeam project – Satisfactory Level – considerable risk exposure, high sensitivity to market conditions.
DreamTeam founders have extensive experience in e-sports and gaming, as well as the necessary skills to build a business model. Project participants are active in various thematic forums, meaning the project is known in professional circles. However, the proposed solutions show blockchain technology is not a necessary condition to accomplish the company’s goals.
Besides, the price of the token directly depends on market demand for the company’s services, meaning investment returns depend on decisions made by the team, and the marketing strategy, among other factors.
Pros and cons of the project in our report.
http://digrate.com/uploads/ico_report/DreamTeam_ENG_1.pdf
Dear Digrate editorial team,
DreamTeam highly values all input and reviews provided by the third parties even if some information in them may be misleading or even false. In this instance, Digrate.com posted a review of the DreamTeam platform and rated DreamTeam as a B1 investment with considerable risk exposure and high sensitivity to market conditions. We strongly disagree with such a ranking and reviews of other well-respected portals support our claim:
- icobench.com gave the DreamTeam ICO profile a 5.0 mark with an overall score of 4.2
- tokentops.com expert praised the DreamTeam and gave the overall mark of 4.5 stars
- icorating.com gave DreamTeam a high Invest score and low Risk score.
All of the above rankings regard DreamTeam highly both in investment perspectives and esports development potential.
Let’s address all Digrate.com concerns one-by-one:
On the page #11, a question is asked: Does the problem the project plans to solve really exist?
DreamTeam strongly believes that such a problem does really exist for 250-300M players worldwide, according to the Newzoo Global Esports Market Report. Right now no all-in-one platform offers a comprehensive list of tools and utilities to kick-start an esports career. We are faced with a multi-million audience that is stuck in development as there is no simple and effective solution that can solve their pains without spending thousands of dollars and weeks of time to establish a team and gather players of similar skill level.
On the page #14, a question is asked: Does the company understand its competition?
Well, we’ve actually done a thorough analysis of DreamTeam competition. DreamTeam Crew has many years of hands-on experience in esports, and in our opinion, eSports.com and Eloplay are not our competitors by any margin. Drawing from our experience and having gathered an Advisory Board and Partners who have been working with various gaming and esports sub-industries, we are fully aware of all available options out there and how the esports industry is stagnating because of their incomprehensiveness. Our CEO, Alexander Kokhanovskyy, has 17 years of experience in the Esports industry; created one of the most popular teams in the history of Esports – Natus Vincere (Na`Vi); shareholder of ESForce, the 3rd biggest Esports entity funded by the USM Holdings. He worked his way up from an amateur player to a pro who represented his country on the international level on the world championship (World Cyber Games). Being a seasoned esports player, he utilizes all of his experience to solve actual esports problems and help it become on par with regular sports
On the page #17, a question is asked: Is blockchain technology a solution to the market problem?
We firmly believe that all the information available on our platform should be secure and visible to everyone, and cannot be altered. All of this can be done only through utilizing the blockchain technology and smart-contracts. This way DreamTeam can ensure that when third parties sign contracts, every participant obliges to the terms written down in it. Without the blockchain technology, smart-contracts are impossible to implement. Smart-contracts protect all the arrangements from retroactive changes. By using them on DreamTeam, we can guarantee payments of promised sums to the players and fulfillment of all undertaken obligations to the tournament organizers and sponsors. A big issue is players’ salaries and tournament prize money payouts. This is a major irritation point even for those who were able to find time, money and go through the hurdles of creating a team on their own. There is too much fraud even at the professional level, more so for the amateurs. It’s often the case that tournament prize payouts are delayed up to six months, and salaries are not paid according to contracts. DreamTeam addresses these issues and will develop a wide range of services that function using smart contracts to ensure zero fraud, timely payouts, and secure financial operations management.
For example, teams can set their KPI’s for the team manager and team coach, and they, in turn, set personal KPI’s for each player. Then, after a period of time (e.g., after a month), everyone is auto-checked by smart contracts and depending on the results, all participants of the process receive their salary and bonuses. The same goes for tournament prize payout, a smart contract is signed before the tournament start, and after the tournament and every team will immediately receive a payment according to their placement results. DreamTeam smart-contract, therefore, provide limitless opportunities for a variety of spheres. With unlocking of blockchain and smart contracts technologies, we have a unique opportunity to build one-of-a-kind platform and payment gateway for players, teams, tournaments, and sponsors.
On the page #20, a question is asked: Is there already a working product that can be sold to customers?
The DreamTeam Beta platform went live in October and we’ve already reached a 1 user per minute registration rate. There have been over 20,000 registrations in two weeks since the launch and players are very active in the process of creating and joining CS:GO teams on DreamTeam.
On the page #24, a question is asked: Is the issuance of tokens limited?
According to the Legal Token Sale Agreement found on our website the issuance of tokens is limited: “The Seller will issue the amount of DreamTeam Tokens equivalent to $45,000,000. If the Seller will not sale all issued DreamTeam Tokens during the Sale Period, then all the rest that remain will be burned out.”
DreamTeam has the first presale and sale soft cap of $2M and a hard cap of $6M. The overall cap was lowered from $75M to $45M, and all unsold tokens are burned. Therefore DreamTeam issues a limited number of tokens.
On the page #29, a question is asked: Is the company’s legal structure transparent?
The DreamTeam company’s legal structure adheres to all relevant legal norms and is fully transparent. All appropriate documents regarding the ownership transparency can be found on the DreamTeam website.
On the page #31, a question is asked: Has the company taken preventive measures to avoid problems with ICO market regulators?
As answered in the above question, we cooperate with top law firms that consult such giants as Apple, Facebook, Google, and eBay to avoid any complications with ICO market regulations. We structure our token not as a security, swap, futures or forward, but as a utility token - meaning commodity.
On the page #34, a question is asked: Is the project popular on social networks and in thematic communities?
At this point in time, we are mostly focused on developing our platform, which is key as we want to offer the best experiences for players on a very tight schedule. According to Similarweb open data source have neared the 1M visits per month. Please follow the link https://imgur.com/a/lXQWp for Similar Web stats.
As for our social media presence, thousands of users have flocked to them already and follow DreamTeam news and weekly updates. Many more have signed up for our newsletter where we discuss the latest developments in DreamTeam. We are confident that as our platform grows more and more people will naturally flow to our social media pages to discuss latest esports news and more.
On the page #36, a question is asked: Is the project widely discussed in blockchain news resources?
DreamTeam Crew received a prestigious “Blockchain Best Industry Application Award” at the Global Fintech & Blockchain China Summit 2017 and received high praises from the Organizing Committee of the Award for the breakthrough application of blockchain and smart-contracts technologies in Esports market development. Our platform has been noted on many specialized blockchain news resources and prominent media outlets such as CoinSchedule, CoinSpeaker, Forbes and more. Please consult the below list of publications for in-depth reading.
https://www.coinschedule.com/blog/how-one-man-is-changing-the-esports-industry/
https://www.coinspeaker.com/2017/11/09/blockchain-based-dreamteam-app-aims-shake-whole-esports-industry/
https://blog.icoalert.com/ico-alert-report-dreamteam-3a84425a43f7
https://icowatchlist.com/blog/dreamteam-invest-in-esports-industry/
http://bitcoinist.com/dreamteam-creates-the-first-and-largest-recruitment-and-management-network-for-esports-players/
https://www.forbes.com/sites/outofasia/2017/11/07/how-cryptocurrencies-and-blockchain-are-taking-esports-to-the-next-level/#b0a85b543912
On the page #43, a question is asked: Does the project have a strong advisory board?
We are constantly updating the list of our advisers and partners and publicize their addition to the DreamTeam Advisory Board and Partners List. Please consult our Whitepaper for the up-to-date and Medium blog for the official press-releases.
We will continue to add high-level professionals and consultants from different spheres and will have the strongest Advisory Board compared to any other gaming/crypto ICO ever.
As of now, the DreamTeam Board was joined by:
Moe Levin – CEO of Keynote
Sundance Digiovanni – former CEO and Co-Founder of MLG, VP content and media in Blizzard
Kim Rom – an Esports and gaming veteran, and former CMO at SteelSeries and Chief Gaming officer at Kinguin.
On the page #44, a question is asked: Are the project’s partners large and well-known?
In the last weeks, we’ve have announced several large and well-known partners that are in their essence the most significant esports entities in the world.
As of now, the DreamTeam Partners are:
ESL - the world #1 Esports company and the biggest tournament organizer
Starladder - one of the biggest tournament organizer, platform for amateur and semi-professional gamers
Natus Vincere (Na`Vi) - one of the most popular and one of the most successful Esports teams on the planet.
On the page #46, a question is asked: Is the project attracting large VC investors?
This is not a relevant characteristics, and it seems the Digrate team was unable to grasp the DreamTeam investment idea fully. Our investment model does not correspond with the idea of attracting VC money. Currently, DreamTeam leadership is financing the platform development out of their own pocket.
Moreover, we receive dozens of requests at conferences and even more emails and calls from people who want to buy out the DreamTeam share in the project. But we have a different financing model and have set up a dedicated token sale for all interested parties to join in December. Through the token sale, DreamTeam offers a large swath of opportunities for token buyers from all over the world who want to partake in the development of the greatest all-in-one esports platform. We are keen to ensure that the esports community isn’t passive on the issue of its development perspectives but has a vote in the creation of a uniform esports eco-system.
