Dash 2 Trade Overview

Advertised as the latest initiative of the Learn 2 Trade team, Dash 2 Trade is a new crypto analytics and social trading platform aiming to help seasoned and casual investors improve their trading performance through the leveraging of proprietary analytical features built on top of a user friendly trading dashboard.

Dash 2 Trade advantages

  • Trading signals providing users with early buy & sell market opportunities

  • Social sentiment and on-chain analysis features helping users to spot trending coins

  • Custom building tools helping users to create or adopt new trading strategies

  • Bespoke scoring system for available and upcoming crypto presales

  • Listing alerts on new listing announcements

  • Incentivised intelligence sharing mechanisms among users

Project Architecture

From a design standpoint, Dash 2 Trade presents itself as a three-tiered trading subscription platform:

Free Tier — Full access to data terminal and general community channels but limited access to protocol metrics

Starter Tier — Full access to basic protocol tools & features as well as to members only Discord channels.

Premium — Full access to premium protocol features and possibility to take part into incentivised quarterly trading competition.

Interesting to note here, that instead of creating a novel monetization design leveraging staking and other cryptoeconomic features, Dash 2 trade is simply reusing a token denominated version of the usual pricing scheme used by Web2 tech companies (AWS, Google, …). As such, in the current state of things active users may very well, in the future, suffer from price variations on their monthly subscription due to the D2T price volatility.

Observation: A design denominating price membership in FIAT currency and enforcing the payment of said membership fee in the D2T token thanks to the leveraging of an Oracle solution such as Chainlink would have maybe appear better suited from a design standpoint in order to avoid price membership volatility from one month to another.

Project Features

Unique social indicators

Social signals are among the most important valuation factors in the crypto space as most investments in the space tends to be driven first by market perception. Consequently, the Dash 2 Trade platforms offers several social metrics trackings various aspects of market sentiment such as:

  • Token/Project related activity on social media (Reddit, Twitter, …)

  • Overall sentiment on a network through the leveraging of NLP algorithms

  • Dev activity (Github commit, …)

Bespoke scoring system for presales and ICOs

Commonly viewed as a community-powered seed funding phase, presales often provide interesting entry point opportunities on valuable projects. As such, through its dashboard, Dash 2 trade provides dedicated overviews on available tokens presales including report analysis and a custom Dash score assessing the general quality of the project.

Strategy Builder and backtester tools

Developping trading strategies usually require extensive CAPEX allocation due to the need for live experimentation on top of the basic historical simulation operated on past data points. As such, Dash 2 Trades developped a suite of strategy building tools relying on Dash 2 Trade metrics as well as a complete backtesting platform mirroring live market conditions in order to help users to easily and cheaply developed and assess the efficiency of new trading strategies.

Trading tips

Thanks to the myriad of metrics Dash 2 Trade is able to collect from its users activity, the platform internal algorithm can analyse each member trade and compare it to other similar strategies with a better ROI in order to deliver personalised advice on future trades and strategies.

Listing Alerts

New exchange listing announcements can result in significant price changes for a token. As such, for D2T subscribers, immediate access is provided to new crypto listings that the Dash 2 Trade platform identifies, offering as such an opportunity for each and every D2T holders to capitalise on any upcoming listing.

On-chain analytics

Dash 2 Trade is also servicing on-chain statistics for token and wallet activities allowing D2T holders to easily monitor whale movements and market maker dynamics throughout different blockchains.

Social trading

In the future, Dash 2 Trade will also be hosting a number of social trading features and trading competitions for its premium tier subscribers in order to incentivised intelligence sharing across the community and consequently improved the overall level of used strategies among premium-tier members.

Governance

N/A (Currently under development as per the project roadmap)

Cryptoeconomics

Token utility

The Dash 2 Trade analytics dashboard operates on top of the Ethereum blockchain and uses as its native digital asset the D2T ERC-20 token. For now the number of utility ensured by this native token appear a bit scarce given that the D2T token is solely used as payment of the Dash 2 Trade subscription fee. However, given that the governance design is still under development it is important to not draw any early conclusion for now as to the core necessity of the token in the overall project given that following the unveil of the governance model we could see appear staking mechanism ensuring governance rights inside the protocol ecosystem.

Furthermore, it’s also important to note that no transactions tax is enforced by the protocol due to the core team belief that value should ultimately originate from the project and not from people’s transactions.

Observation: Important to flag that currently the available documentation does not really explained where the subscription fees paid by users ultimately end up and how those tokens ultimately get reused by the protocol (burning, selling on secondary market, …). This latter point being a bit worrying for potential investors given that depending on the team’s choice, this cryptoeconomic flow could create a built-in upward or downward pressure on the D2T price.

Token allocation

Ecosystem

Dash 2 Trade team

Duco Van Rossem, CPO

Extensive prior experience in quantitative market research at JP Morgan as well as in other various sectors such as machine learning and Big Data.

André Ferreira, Development Lead

Prior experience in a broad range of tech related roles (Product owner, UX consultant, …) with as strong background in social media and digital marketing.

Orlando Gutierrez, Head Trader

Head Trader of the Learn 2 Trade platform with a strong trading background on broad range of financial markets.

Jarmo van de Seijp, Web3 Engineer

Strong background in Web development and Cybersecurity and prior experience in a variety of Web3 ventures.

Current Partners

Note: Important to highlight that Bullbear.cc is another data analytics venture co-founded by Duco Van Rossem the actual CPO of Dash 2 Trade.

Current state of the presale

Roadmap

Q4 2022, VC Investment

  • Create founding team and governance (still in progress)

  • Development kick-off

  • Trader partnerships

  • Presale launch of D2T token

  • Full Security Audit

Q1 2023, Website Launch and Presale

  • Dashboard Launch and Beta Testing

  • Start of subscriptions giving users access to protocol features (Social metrics, technical indicators, watchlist, listing alerts, …)

  • CEX and DEX listing for D2T token

Q4 2023, Backtester

  • Backtester

  • Risk profiler

  • Trading competition launch

  • Trader AMA’s

  • More CEX partnerships, integration of D2T platform

Q2 2024, Auto-trader

  • Auto-trader launch

  • Trading competition launch

  • Integration with CEX API’s

  • Competition launch

  • Trader AMA’s

  • Dash 2 Trade Terminal

  • Tradelab

  • Mobile App

  • Widgets

Q4 2024 Social & Copy trading functionality

  • Charting tools

  • D2T Social trading features

  • Community feedback features

  • Further CEX listings

Conclusion

Overall, as a crypto analytics trading platform, Dash 2 Trade appears like an interesting new proposition, servicing a solid one stop solution for investors willing to be able to profit easily from on-chain analytics and key network metrics without having to build their own custom data infrastructure. Furthermore, from a price standpoint with a current monthly tier fee premium around $50, the platform appears like a lucrative future alternative for retail investors hosting their own data dashboard and currently using blockchain API provider with monthly subscription ranging north of $150.

However from a core design stantdpoint, Dash 2 trade still appears to raise a bit too many flags at this stage to be considered as a finalised project. Indeed, from its unclear cryptoeconomic design failing to exhibit a true utility for the D2T token to its lack of membership price stability creating inequality among users depending on the timing of their buying of D2T tokens, Dash 2 Trade appears to need a bit more time to fully adjust its core design.

Nonetheless, before being too categorical it appears important to wait for the release of the protocol dashboard in Q1 next year and monitor the ongoing technical development related to the upcoming release of the governance design to see if the core team will tackle the several issues highlighted above and grant its D2T token additional utility functions instead of solely using it as technical prop giving a web3 feel to an overall interesting new crypto analytic platform.

Disclaimer: All information/documents contained in this blog rely solely  on my personal beliefs, and do not constitute professional investment advice.

Be careful in your investment and do not invest more than you can afford to loose.

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