Dream ICO Review: A comprehensive review and investigation about Dream ICO, that will be defined to lead the block-chain freelancer store.

This reflects the author individual remarks and can not in any way- constitute a recommendation of an investment or economic information. Please assume caution if purchasing cryptocurrencies and also do this at your own personal risk, since it’s exceedingly volatile and also you may lose your dollars.

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Overview

Dream is actually a market for high-quality blockchain ability from the freelance store. Fantasy simplifies the job management method, providing an integrated solution to the core business process which includes building the proper team and managing project activities.

Current Issues

Dream is imagined to resolve the following issues:

  1. High Failure Rate of Projects: Start-ups often fail because of poor preparation
  2. Hiring Scalability: One-to-one hiring can produce inefficiencies which usually do not include value to the start-up endeavors.
  3. Verification Challenges: It is Difficult to Determine the affirmation of salespeople Because of this Lack of a conventional verification protocol

Applications

Dream’s EcoSystem is the Following:

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There are 4 Chief elements in Dream’s Ecosystem:

  1. Dream Builder

Dream builders may be the crux of the ecosystem which guides the job decision approach, behaving as a personalized manager. The functionalities of this Dream builder comprises specifying sets of compulsory tasks, recruiting and picking the ideal team combination, and managing the team. There are just three Major Aspects of Dream builder:

  • Dream AI: An Artificial Intelligence (AI) algorithm which creates and urges the job task list. Fantasy AI programmed to always learn both externally and internally) from the upshot of different endeavors, teams and also the system network of experts.
  • Dream Manager: A portal site that handles all the different parts of a job, incorporating with leading collaboration applications to streamline the job workflows.
  • Dream Knowledge: A website portal site to feed and train the Dream’s AI procedure.
  1. Dream Reputation

Dream Reputation consolidates confirmation data associated with the salespeople as well as their success rates out of preceding endeavors, developing a mobile ranking mechanism that meets suitable free-lancers using open-source intelligence from several block-chain eco-systems – such as Ethereum and Rootstock. DREAM Reputation consolidates expertise and trust whilst ensuring ownership and portability of personal data.

  1. Dream Talent

Dream Talent could be your true market place that offers luxury ability as consultants for short term appointments, free-lancers for longer-term endeavors, and also gigs for accelerated delivery.

Technology Breakdown

Dream’s AI-based system is categorized into three Chief modules:

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Unique Differentiator

  • End-to-End Project Development Solution: Dream isn’t simply a marketplace to find freelancers; it is more of an enterprise resource planning (ERP) solution as it guides the decision-making process for the project management team. Traditional freelance platforms – like Upwork and Fiverr – and blockchain-based platforms – like Canya – focus only on connecting recruiters and freelancers, with no additional process thereafter.

Token Utility& Economics

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DREAM is the native token for the Dream ecosystem that is ERC-20 compliant. DREAM is a utility token that has the following functionality:

  • Purchase premium services
  • Hire freelance talents
  • Incentivizing community members for using and growing the platform
  • Rewards for AI training

The supply of DREAM tokens is fixed at 100 million. Dream token is purchased on the native Dream exchange using a debit/credit card, eliminating the reliance for users to acquire DREAM tokens from cryptocurrency exchanges. This will facilitate an easier onboarding process for users.

Although there’s a variety of use-cases for DREAM tokens, as of right now payments to hire freelancers is done via fiat payments. There is no mention of how using DREAM tokens could be more advantageous than using fiat, such as through discount pricing. This could be disadvantageous after all users would not want to go through an additional layer of process – of purchasing DREAM from an exchange and thereafter pay freelancers – if they can just easily pay using traditional methods of debit or credit cards.

Team

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Dream has an extensive team, with 10 developers and 6 staff dedicated towards marketing and business development. Their development team is filled with experienced blockchain engineers. Dream’s blockchain architect – Subramanian Venkatesan – has contributed to Ethereum JS suite of projects.

The Founder and CEO – Richard Foster – has twelve years of experience as a Cisco CCIE freelance network architect, with a deep knowledge of payment systems and online marketplaces. The Co-FOunder and CFO – Amy Diez – is a chartered ACCA accountant and a former Associate Director at KPMG London, with an expertise in economics.

Dream also has a strong advisor list, with the notable ones including Fabian Vogelsteller, who is an experienced Ethereum developer that has contributed to many open-source projects including Ethereum’s Mist browser and the Ethereum Wallet. He is most well-known for proposing Ethereum’s ERC20 token standard alongside Vitalik Buterin.

Roadmap

Here is Dream’s Roadmap:

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Dream has a well-thought-out roadmap that details the specificities of the project development. The minimum viable product (MVP) for the blockchain-based Team Builder is slated to be ready by the end of 2018, which is a relatively long wait for investors. It is important to note that Dream’s Talent platform – a marketplace to source blockchain talent – is already functional.

Traction

Dream was originally called Moneo, a platform for high-quality, freelance talents specifically for the blockchain industry. Not only has the team and advisory board stayed on, Dream also retains the intellectual stocks, payment systems and website of Moneo.

Key Statistics

Here’s a look at Dream’s key metrics:

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Dream was incorporated at the start of January 2016 and has after all grown well, with over $10 million worth of job postings and a sterling success rate of 97%. More importantly, Dream has clocked in a staggering 6,000 development hours and has developed a custom Bitcoin Escrow Payment System that has been tested and proven.

Backers & Collaboration

Dream has been funded by two prominent Venture Capital funds;

  • SOSV: An institutional VC ranked 4thlargest blockchain-specific fund with over $300 million in AUM
  • Artesian Venture Partners: An Australian venture capital firm with USD$255 million under management across three funds

Dream has also been chosen to be part of Chinaccelerator, Asia’s before all else mentorship-driven seed funding program for start-ups. It seems to be a great achievement after all only 2% of projects are chosen to be part of the accelerator.

User Interface

Dream’s talent sourcing platform is already live. Users can already acquire blockchain talent on a freelance basis on Dream’s site. Here’s the layout of the platform:

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The user interface is clean and easy-to-use. There are 6 main categories of talents that includes: Blockchain, Technology, Business, Design & Creative, Marketing and Writing. Users can enter key search variables according to the amount range and geographical locations of freelancers. Freelancers are paid either in cryptocurrencies or fiat.

Strengths

  • Detailed Roadmap & Financial Plan: Looking at Dream’s whitepaper, its roadmap is extensive and its financial plan even more impressive, categorizing and detailing every expense estimates complete with the time schedule. This is perhaps the most comprehensive financial plan we’ve come across, exuding professionalism and meticulous planning.
  • Growth Potential: Given the infant industry, the infrastructure and talent for blockchain expertise far outstrip the demand for blockchain-specific skills. Additionally, the growing trend towards freelancing puts Dream at the forefront of two growth segments: Blockchain and Freelance industry.
  • Institutional Backing: Dream is part of a leading start-up accelerator in Asia and is backed by 2 venture capital fund. Institutional backing is always a positive sign of strong project viability and prospects.
  • Working Product: Dream already possesses a talent-sourcing platform that connects hirers and freelancers. Dream has processed thousands of payments and has had twelve months of real-world validation and customer feedback.
  • Qualified Team: Dream has a great mix of experienced blockchain developers, tech engineers and a healthy marketing team.

Weaknesses

  • Formidable Competitors: In the conventional freelance space, heavyweights such as Fiverr and Upwork have already been established with great store share. Even assuming Dream’s dominance in the niche blockchain-freelance store, Fiver and Upwork could easily enter the space and offer blockchain talents, given its established infrastructure. In the blockchain space, there are already projects focusing on the freelance industry such as Canya and Ethereum.
  • No Mention of Fees: There is no indication of the possible range of fees of using Dream’s platforms, as the data is absent from the whitepaper. Therefore, no comparison between traditional freelance platforms or its blockchain equivalent is made with regards to the cost-efficiency of Dream’s solution.

Summary

Dream is an ambitious project that not only aims to be the leading platform for accessing high-quality blockchain talent but more importantly, it is addressing a huge need (and an even greater need down the line when blockchain becomes mainstream) by offering an end-to-end enterprise resource planning platform leveraging on blockchain technology and artificial intelligence.

Beneficial Resources To Get You Started

If you’re starting your journey into the complex world of cryptocurrencies, here’s a list of useful resources and guides that will obtain you on your way:

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Trading& Exchange

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