DreamTeam price is $0.01316492
The current price of DreamTeam (DREAM) token is $ 0.01316492. It has decreased by -0.20% over the past 24 hours.
DreamTeam (DREAM) is a utility token designed to serve as the foundational currency within the DreamTeam platform. This platform aims to be a comprehensive tool for esports players and teams, offering solutions for team building, growth, management, and monetization. The DreamTeam token is used for transactions on the platform, which include payments for player salaries, tournament prizes, and platform services.
The team behind DreamTeam is led by their CEO and founder, though specific founder details are not provided. Generally, such projects are initiated by individuals with a background in esports, gaming, and online communities. The founders of DreamTeam likely noticed the gap in the market for a dedicated platform to support esports infrastructure and thus created the token to integrate financial transactions within the esports ecosystem.
DreamTeam works by offering a multi-faceted platform for the esports community. It allows players to find teams, teams to manage their rosters, and provides tools for both parties to grow and monetize effectively. The DREAM token facilitates several types of transactions on the platform, including but not limited to:
Player salaries and transfers
Sponsorship deals
Prize pools for tournaments
Access to premium platform features
DreamTeam is unique because it targets a specific niche — the rapidly growing esports industry. While there are many platforms for gamers, DreamTeam's focus on team management and monetization sets it apart. It attempts to consolidate various aspects of the esports experience into a single, blockchain-powered platform, with the DREAM token being at the center of all transactions. This offers transparency, security, and ease of use for users within the esports community.
It is assumed that the DreamTeam token, like many other tokens, is built on a pre-existing blockchain that ensures its security through consensus mechanisms such as Proof of Work (PoW) or Proof of Stake (PoS). The specifics of the DreamTeam token's security will depend on the blockchain it is built upon, which would typically be responsible for preventing double-spending and ensuring immutability of transactions.
As of the latest data, there are 36.3M DreamTeam tokens in circulation. The total supply of DREAM is 55.2M. It's important to note that these figures can change as new tokens are released or if tokens are burned or locked.
DreamTeam aspires to provide a multi-layered platform for the esports industry, offering various services that facilitate team creation, growth, and management. Its role extends to providing a valuable bridge between different stakeholders in the industry, such as players, teams, sponsors, and advertisers, all centered around the use of the DREAM token.
Technology upgrades for platforms such as DreamTeam typically occur through updates to the platform's software. If the DREAM token operates on a blockchain like Ethereum, it could also benefit from the overall network upgrades like transitioning to Ethereum 2.0. However, details on specific upgrade mechanisms for the DreamTeam platform or DREAM token are not provided here.
The DreamTeam (DREAM) token can be purchased on the Liquid, KUNA. To buy DREAM, you must first create an account on one of these exchanges, verify your identity, and then trade fiat currency or another cryptocurrency for DreamTeam tokens.
To keep your DreamTeam (DREAM) tokens safe, you should use a reputable cryptocurrency wallet that supports the token. Wallets come in various forms such as hardware, software, mobile, and desktop applications. Always make sure to keep your private keys secure and back up your wallet to protect against unexpected events like hardware failure or loss.
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