Dynamic Trading Rights (DTR) Analysis

Market Cap

$13,664,959 USD

Volume (24h)

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3.2

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Dynamic Trading Rights Markets Rank: 2/100
Volume Ratio

How actively is this asset being traded on the market?

Dynamic Trading Rights Volume Ratio Rank: 1/100
Market Cap

The total cost of all coins available.

Dynamic Trading Rights Market Cap Rank: 89/100
24h Change

Is the price moving up or down?

Dynamic Trading Rights 24h Change Rank: 51/100
Social Following

How many users are following this coin?

Dynamic Trading Rights Social Following Rank: 83/100
Google Trends

How many users are searching for the coin?

Dynamic Trading Rights Google Trends Rank: 1/100
Twitter Citation

How many users are talking about this coin in Twitter?

Dynamic Trading Rights Twitter Citation Rank: 1/100
User Voting

How popular is this coin among Cointobuy community?

Dynamic Trading Rights User Voting Rank: 91/100

Dynamic Trading Rights investment analysis

This token represents what is essentially a decentralized trading platform. The Dynamic Trading Rights investment platform will allow traders to make transparent and safe trades. They can do so by using these tokens as currency to perform their trades.

However, they also state that these tokens are not needed, and the traders will instead be charged a fee in the currency they are trading. The information is a tad conflicting, and by their own given example, the tokens for this ICO don't seem to have much in the way of usefulness other than to provide funding to the startup in question.

While I do believe decentralized exchanges will be a big part of the future of cryptocurrency, I also think that DTR is rather late to the party. They do not yet have a working product, and that puts other exchanges that have already been functioning for sometime way ahead of them. The platform also doesn't seem to have plans to do anything particularly groundbreaking, and I'd be more inclined to invest in competitors who already have working platforms in place.

$0.010512

+75.1%

$0.018407

725/3834

by Safety

1422/3834

by Profit

How to buy Dynamic Trading Rights?

You can buy Dynamic Trading Rights on just one exchange as of now. This is a smaller, lesser-known exchange, and while that should not necessarily discourage you from making a purchase, you should be sure to immediately transfer anything you buy here to a wallet in your possession. It's possible for exchanges like these to go under without notice, taking your hard money with them in the process.

This is an ERC20 token. What this means is that you can store your investment in any wallet that accepts Ethereum assets. The number of wallet options for tokens of this type makes it very convenient for investors to store their tokens safely. You could consider utilizing My Ether Wallet, Coinomi for Android or iOs, or a Trezor hardware option for cold storage to achieve this goal.

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Decentralized exchanges will be the future of cryptocurrency trades, I have no doubts about this. Peer to peer exchanges are the future, and many projects are trying to jump on this. Unfortunately, DTR is a little late to the party on this one.

There are already many other decentralized exchanges that not only already have their platforms up and running, but they also have much grander visions including cross chain atomic swaps and the ability to tokenize traditional financial instruments as well.

When comparing DTR to the competition in front of them, things don't look very good. I'd be much more inclined to invest in a competitor such as Crypto-Bridge who already have a working platform, and are well on their way to establishing themselves as a top exchange.

As previously stated, the use case for the ICO's tokens themselves is rather weak. Traders can easily just be charged fees by way of the currency they are trading, so I see no real market need for them to drive the price.

While they do have some kind of scheme that will "burn tokens" once they are used the supply is rather high anyway, and this still doesn't provide a reason for investors to purchase yet another token to make trades when they could simply pay fees in their given currency.

Their whitepaper goes on to discuss the problems that can be addressed by decentralized exchanges, however, it does not give any information on what makes their solution better than the numerous others already at work. This only tells me that they really don't have any features that could set them apart, and I don't see them being able to break through the noise created by others in the space.

Their social media following is tiny, their white paper and announcement topics seem vague, and while they seem to estimate that they can acquire over 2.5% of the exchange market share, I just don't see it happening.

There are too many other, better options available with a working product that's ready to go. There's nothing here that makes me feel it is worthwhile to invest in DTR, now, or in the foreseeable future.

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