DreamTeam Tokenomics
Tags: Blockchain, Tokenomy, Token, Esports, Blockchain Technology

Over the past six months, DreamTeam has been working hard to add new Analytics and Coaching features as well as update existing ones. The DreamTeam platform is gaining traction and is quickly becoming the place to find players and build teams, recently surpassing 1.2M users worldwide.

After a lengthy period of development, DreamTeam is thrilled to announce the release of the DreamTeam Tokenomics paper. This document aims to provide deeper insight into the DreamTeam ecosystem and various economic factors connected to the DREAM token.

One of the primary goals of DreamTeam is to become the infrastructure platform and payment gateway for esports and gaming. With the DREAM token as the core of the DreamTeam platform and by tailoring our growth and support strategy, we will integrate the DREAM token into the entire esports industry.

You can read the DreamTeam Tokenomics paper below or download it here.

DreamTeam Token

DreamTeam Token (DREAM) is a cryptocurrency issued by DreamTeam, a utility token which is primarily used to drive all DreamTeam services and create an entire decentralized economy for esports. The DreamTeam Token is a highly-secure asset, resistant to any known attacks, and has the following two-factor security guarantee:

The DREAM token is a virtual asset run on the “Ethereum world computer”, the most stable and well-known platform for building decentralized applications to date. The DreamTeam Token smart contract, an underlying program which defines how DREAM tokens are transferred, has been thoroughly audited by Coinfabrik. The audit confirmed that the DreamTeam Token contains no security issues.

All DREAM tokens have been fairly distributed between DreamTeam contributors, advisors, and DreamTeam itself. The number of DREAM tokens issued is fixed. No more tokens can be ever issued, which is guaranteed by the DreamTeam Token smart contract.

DreamTeam tokens are involved both directly or indirectly in every transaction settled on the DreamTeam platform, creating a demand for DREAM tokens.

Current Financial Landscape

DreamTeam platform users are able to buy DreamTeam subscriptions and services directly with DREAM tokens. Buying subscriptions and services directly with DREAM tokens will always result in a lower price. However, forcing users to use DREAM tokens to pay for subscriptions and services currently isn’t a feasible option for DreamTeam for the following reasons:

Cryptocurrency is a young and not widely understood payment option

Payments in DREAM tokens for users new to cryptocurrency require taking additional steps: signing up on an exchange, opening a wallet, etc.

Wallet maintenance difficulties: securely storing the wallet, keeping the passphrase safe, etc.

As almost every user already has a debit/credit card or PayPal account, DREAM tokens aren’t the only payment method accepted. The DreamTeam platform also accepts fiat currency, which is automatically converted into DREAM tokens. This decision was made in order to make the DreamTeam platform as user friendly as possible and increase the DREAM token volume.

Open Source Strategy

DreamTeam has active and transparent open-source contributions, which include regular smart contracts updates and integrations related to the DREAM token and its ecosystem. One of the priorities for the open-source strategy of DreamTeam is to provide the community with handy tools for integrating services based on the DREAM token with their applications.

An example of that is the innovative feature developed by DreamTeam, the smart contract recurring billing feature, available for any Ethereum-based token. This feature is already live and is used for DreamTeam premium subscriptions. Recurring billing in DREAM token is one of the most secure ways of establishing recurring payments between customers and merchants, as the monetary relations between parties are regulated by a smart contract. This means that the merchant cannot overcharge the customer nor can the customer miss a payment. Furthermore, no third parties are involved in the value exchange. This will help revolutionize recurring payments not only for esports, but for any subscription based service.

Another useful feature which makes the DREAM token stand out is delegated token transfers. This feature allows users to transfer DREAM tokens without needing to buy Ether, something that 99.9% of other tokens require. The secure delegated transfer feature of the DREAM token drastically simplifies user experience and allows for the building of true decentralized applications. DreamTeam has the ability to support this feature in all future DREAM token integration tools.

About DreamTeam:

DreamTeam — infrastructure platform and payment gateway for esports and gaming.

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If you have any questions, feel free to contact our support team any time at token@dreamteam.gg. Or you can always get in touch with us via our official Telegram chat.