New ICO in Dream-Real that will be Steemit's Replacement?
(Full Disclosure)
Me posting any ICO does not mean I support it. Do not take any of my posts as financial advice. I am merely summarizing information and providing my opinion on the topic at hand as education and entertainment purposes only.
Dream-Real
Advertised as the first social network platform where it can make your dreams come true Dream-Real has started an ICO in March 2018. The site’s intent is to allow users to share their dreams through posts. Others can up-vote and donate to help in achieving their dreams.
The site’s tokens works is very similar to steemit. Dream-Real has three tokens and runs on the Ethereum smart contracts. Dream “DR”, Dream Dollar “DRD”, and Dream Power “DP”. Off the bat this sounds very fishy to me because the names look similar to what is on steemit. We have Steem, Steem Dollars and Steem Power.
In a similar way to how steemit works users at Dream-Real will be able to send DR and DRD to others and exchanges, while DP is the amount of upvote power users have to give rewards to others. The rewards are in DRD. The Dream-Real platform will also include ad services and other means of earning and rewarding DR and DRD unlike steemit. Dream-Real is also is integrating virtual reality onto its platform.
The founders Michael Hertz and Stan Djavrounov have Linkedin profiles that look legit. There are other names as you can see through their website link: Dream Real
The white paper has an overview of how existing social network platforms are currently operating and not meeting users’ goals and expectations. This is the reality. If the real world was fair and everyone are equals, then it should be expected the same on any social network. Yet going digital or in the real world the reality is not all will be fairly equal and not all will earn the same. I commend the goal set by Dream-Real to have all dreams achieved no matter what the cost, but reality is not everyone can have their dreams fulfilled just by the use of money.
The white paper does not go into detail about the technical features of the platform unlike that of steemit. This is likely because the platform is still in development and tweaks are being made. So it begs the question is this a Steemit’s Replacement? Time will tell.
Thanks for reading.
Date of Post: 7/29/2018
Good information and a sort of exposure. Let's see how it goes.
Good information
And a sort of exposure.
Let's see how it goes.
- topcoach
I'm a bot. I detect haiku.
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