DreamTeam Token: Esports Integrated Platform—Team Building and Value Creation

What is DreamTeam Token

Friends, imagine if you are an esports enthusiast or you dream of building a professional esports team, but you struggle to find suitable teammates, your team management is a mess, or even after winning prize money, you can't get paid on time—how frustrating would that be! DreamTeam Token (DREAM for short) is a blockchain project born to solve these pain points.

Simply put, DreamTeam Token is a “one-stop” infrastructure platform and payment gateway tailored for the esports and gaming industry. Its goal is to become the professional network for esports, helping hundreds of millions of players, millions of teams, and thousands of sponsors and tournament organizers worldwide connect and grow together in a secure and transparent environment.

You can think of it as a combination of “LinkedIn” and “Alipay” for esports:

• Esports “LinkedIn”: Players can find like-minded teammates, build and manage their own teams, and improve their gaming skills here.
• Esports “Alipay”: The DREAM token is the exclusive currency on this platform, and all transactions within the platform rely on it. For example, after you win a tournament, the prize money is distributed directly to you in DREAM tokens via smart contracts, eliminating the hassle and distrust of intermediaries. You can also use it to purchase various services on the platform, pay sponsorship fees, or even buy and sell gaming assets.

So, the core of DreamTeam Token is to provide a decentralized economic foundation for the esports ecosystem through blockchain technology, enabling all participants to interact and transact more conveniently and securely.

Project Vision and Value Proposition

The vision of the DreamTeam project is very ambitious—it aims to build the “largest integrated esports platform” and become the “infrastructure” and “payment gateway” of the esports industry. Their ultimate goal is to create a self-sustaining, complete esports and gaming ecosystem, and even unlock a $5 billion esports economy within a few years.

This project mainly seeks to solve several core problems currently existing in the esports industry:

• Unsafe transactions and fraud: In traditional esports, transactions often lack transparency, and fraud such as delayed prize payments and missing sponsorship funds occurs frequently.
• Lack of a unified entry point: Players and teams need to use different platforms to find teammates and manage tournaments, which is inefficient.
• Limited market knowledge and business tools: Many esports participants lack professional business tools and market insights, making it difficult to develop effectively.

DreamTeam’s value proposition is that it introduces blockchain and smart contract technology to provide innovative solutions to these problems. For example, smart contracts can ensure the automatic, timely, and transparent distribution of prize money and sponsorship fees—once the conditions are met, the contract executes automatically, avoiding human intervention and potential fraud. This “trust-minimized” mechanism is what sets it apart from traditional esports platforms.

Technical Features

The technical core of DreamTeam Token is based on blockchain technology—specifically, it is an ERC20-compatible token built on the Ethereum blockchain.

• Ethereum: You can think of it as a huge, decentralized “world computer” on which many blockchain applications and tokens run. Ethereum provides powerful smart contract functionality, allowing developers to write self-executing protocols.
• ERC20-compatible token: This is a technical standard for issuing tokens on Ethereum, meaning the DREAM token can be easily used in various wallets, exchanges, and applications within the Ethereum ecosystem.
• Smart Contracts: This is the key to DreamTeam’s core functions (such as prize payments and sponsorship agreements). Smart contracts are like “automated protocols” written on the blockchain—once preset conditions are met, they execute automatically without third-party intervention, ensuring transactions are transparent, secure, and tamper-proof.

Although some information mentions that DreamTeam’s “organizational structure is centralized,” this may refer to its platform operations, but its token and core payment mechanisms are built on the decentralized Ethereum blockchain and smart contracts, aiming to provide stronger trust and transparency.

Tokenomics

DreamTeam Token (DREAM) is the cornerstone of the platform’s economic system, designed to support the operation of the esports ecosystem.

• Token Symbol: DREAM
• Issuance Chain: Ethereum, as an ERC20 token.
• Total Supply and Issuance Mechanism: The total supply of DREAM tokens is limited to 55,191,260. These tokens were all distributed during the 2018 “Token Generation Event” (TGE, which you can think of as the initial issuance), and no new tokens will be minted afterward. This limited supply is theoretically intended to prevent inflation.
• Inflation/Burn: The project team states that under certain circumstances (e.g., when the price spread exceeds 5%), they will buy back and lock 15% of the tokens. This can be seen as a buyback and lock mechanism, which may affect circulating supply, but there is currently no explicit burn mechanism.
• Current and Future Circulation: Regarding the circulating supply of DREAM tokens, different data sources show discrepancies. Platforms like CoinMarketCap and Coinbase sometimes display 0 or insufficient data, while ICOmarks reports about 36.2 million DREAM in circulation. This inconsistency should be noted.
• Token Utility: DREAM tokens have multiple practical uses within the platform and are the platform’s only internal currency.
  • Paying for platform services: Users can use DREAM to purchase premium features or other one-time services on the platform.
  • Tournament prizes: Winners receive DREAM tokens as prizes via smart contracts.
  • Salaries and sponsorships: Teams and players can receive sponsor payments or salaries in DREAM tokens.
  • Purchasing gaming assets: DREAM can be used to buy other esports-related assets within the platform.
• Token Distribution and Unlocking: The DREAM token raised over $10 million in its 2018 ICO. Of this, 5,519,126 DREAM tokens were allocated to investors.

Team, Governance, and Funding

The success of a project depends on its team. DreamTeam’s core team members include:

• Alexander Kokhanovskyy: Co-founder and CEO.
• Volodymyr Panchenko: Co-founder.
• Mustafa Seyrek: CTO.
• Andriy Khavryuchenko: Blockchain Architect.

Additionally, Emmanuel Aidoo, Director of Blockchain and Crypto Strategy, also joined its advisory board. Judging from the team composition, they have professional backgrounds in esports and blockchain.

Regarding the governance mechanism, the project vision mentions building a “self-sustaining complete ecosystem,” but specific details on decentralized governance are not elaborated in the available information.

In terms of funding, DreamTeam successfully raised over $10 million in its 2018 ICO, providing important support for the project’s early development.

Roadmap

Below are some key historical milestones and future plans for the DreamTeam project (mainly based on public information from 2018-2020):

Key Historical Milestones:

• April 19 – May 19, 2018: Successfully completed ICO, raising over $10 million.
• June 22, 2018: Completed Token Generation Event (TGE), distributing DREAM tokens to contributors.
• February 2019 (approx.): Released the DreamTeam Tokenomics Whitepaper, detailing the DREAM token’s economic model and use cases.
• January – February 2020: Implemented the first batch of token economic functions and updated the whitepaper in preparation for applying to top exchanges.

Future Plans (as of early 2020):

• Q1 2020: Plan to integrate DREAM tokens into more platform features, such as the marketplace, ranked challenges, and in-platform wallet balance display.
• End of Q1 2020: Plan to release the blockchain feature roadmap for Q2 and Q3 2020, clarifying the timeline for future feature releases.
• Ongoing: Update the whitepaper and token website to continue applying for listings on top exchanges such as Binance and Bitfinex.

Note that this roadmap information is mainly from updates around 2020; for subsequent progress, please refer to more recent official sources.

Common Risk Warnings

Investing in any cryptocurrency project carries risks, and DreamTeam Token is no exception. Here are some common risks to be aware of:

• Market volatility risk: Cryptocurrency market prices are highly volatile, and the price of DREAM tokens may be affected by market sentiment, macroeconomics, and other factors, with the possibility of significant rises or falls.
• Liquidity risk: Currently, some major platforms show very low or even non-existent trading volume for DREAM tokens. This means you may have difficulty buying or selling DREAM tokens quickly, or face large spreads when trading.
• Information transparency risk: There are inconsistencies in the reported circulating supply of DREAM tokens from different data sources. This lack of transparency may affect judgment of the project’s true market value.
• Project activity risk: In the available public information, detailed project updates and roadmap information are mainly concentrated before and during 2020. If the project team’s activity decreases or they fail to deliver on their roadmap, it may affect the project’s long-term development and token value.
• Smart contract risk: Although smart contracts are designed to provide security, any code may have vulnerabilities. If a smart contract has a security flaw, it could result in loss of funds. Additionally, for some tokens (though this refers to another DREAM token, but as a general risk), if smart contract ownership is not renounced, the project team may have the power to modify contract behavior (such as disabling sales, changing fees, or minting more tokens), increasing centralization risk.
• Centralization risk: Although the token runs on decentralized Ethereum, there is information indicating that DreamTeam’s “organizational structure is centralized.” This may mean that platform operations and decision-making power are still concentrated in the hands of a few entities, which could pose single-point-of-failure or abuse-of-power risks.
• Compliance and regulatory risk: The global regulatory environment for cryptocurrencies is still evolving, and future policy changes may affect the operation and value of the DreamTeam project and its tokens.

Please note: The above information is for reference only and does not constitute investment advice. Be sure to conduct thorough independent research and risk assessment before making any investment decisions.

Verification Checklist

When researching a blockchain project in depth, here are some key pieces of information you can verify yourself:

• Block explorer contract address: You can check the DREAM token’s contract address (e.g., 0x82f4...c16587) on an Ethereum block explorer such as Etherscan to view total supply, holder distribution, transaction history, etc.
• GitHub activity: Check the project’s codebase activity on GitHub. Although the project is said to be open source, you should look at code update frequency, number of contributors, etc., to assess development progress.
• Official website: Visit DreamTeam’s official website (e.g., dreamteam.gg) for the latest information, whitepaper, and team introduction.
• Whitepaper: Read the project’s whitepaper carefully to understand its technical details, economic model, and future plans.
• Social media and community: Follow the project’s official social media (such as Twitter, Telegram, Medium, etc.) to learn about community discussions and project updates.

Project Summary

DreamTeam Token (DREAM) is a project aiming to revolutionize the esports industry through blockchain technology. It is committed to building a “one-stop” esports infrastructure and payment platform to solve problems such as non-transparent transactions, fraud, and inefficient team management in traditional esports. By making DREAM tokens the sole currency within the platform and using Ethereum smart contracts to automate prize and sponsorship payments, the project hopes to provide a safer, more transparent, and more efficient environment for players, teams, and sponsors to interact.

The project raised considerable funds through its ICO in 2018 and has a team with backgrounds in esports and blockchain. However, it should be noted that there are inconsistencies in the data on token circulation, and the main project updates are concentrated in earlier years. In addition, the inherent high volatility of the cryptocurrency market, potentially low project liquidity, and possible centralization risks are all factors that investors should carefully evaluate when considering this project.

In summary, DreamTeam Token presents an interesting vision of empowering the esports industry with blockchain technology, but its long-term development and market performance require ongoing attention. It is recommended that you conduct thorough research and consult professional financial advisors before making any decisions. This is not investment advice.

For more details, please conduct your own research.