My current hobby is to look at new coins / tokens and decide whether they smell like shit or not (disclaimer: I only do this in the digital world).
Currently looking at Dimension Chain EON (
https://coinmarketcap.com/currencies/dimension-chain/) and their description looks like the result of an exam where you have to put as many fancy words as possible into one paragraph:
"Dimension aims to build a next-generation enterprise-grade blockchain network service, by using C.H.A.O.S. (hybrid consensus, dynamic node, and cross-consensus engine) and DeCommerce service framework (decentralized storage system, decentralized computing framework, and decentralized data trading platform). With the adaptive functionality of the multi-sidechain model, Dimension-X, Dimension aims to satisfy the needs of different business scenarios. It also features a community governance system, which aims to facilitate a more efficient and friendly blockchain environment and ecosystem."
But a look at their website reveals a team and, yes, indeed, also a plan. Scimming the whitepaper, however, leaves me more confused than I was before (now what do they want to achieve? decentralized commerce? some big data thing? something else?); and most importantly, they haven't published much code.
So after 10 minute looking at this coin (it's my goal to never need more than 10 minutes to identify a shitcoin), my conclusion: stay away from this one. I wouldn't say it's a scam, but a project that doesn't know what it wants and how to achieve it.
If you also had a look at this coin, please share your shitsights!
Moreover, I know that I might be wrong and if that's the case, I'm really sorry (and dumb).