DENT

Dent (DENT) is a revolutionary digital mobile operator launched in 2017, leveraging blockchain technology to create a global marketplace for mobile data liberalization. Dent offers eSIM cards, mobile data plans, call minutes top-ups, and a roaming-free experience to democratize and liberalize the mobile data market. The platform has attracted over twenty-five million mobile device users and is available in more than 140 countries, with partnerships including Samsung Blockchain and The Enterprise Ethereum Alliance.

• Total Supply:

• The total supply of DENT coins is capped at 100 billion.

• Initial Allocation:

• During its Initial Coin Offering (ICO) in July 2017, 70% of DENT tokens were allocated for presale and public sale, with the remaining 30% designated for the company, covering operational needs such as telecommunications acquisition, incentivizing users, and salaries.

• Purpose:

• DENT coins are used within the Dent ecosystem to pay for mobile data services, facilitating transactions on the Dent Exchange for buying, selling, or donating mobile data.

As of today 27 July 2024, the price of DENT is ₹0.09 INR, with a 24-hour trading volume of 2609254.52 USD. The market capitalization for DENT is 94358305.98USD. The circulating supply is 100000000000 DENT, with the total supply also being 100000000000 DENT.

• Global Marketplace:

• Dent has created a global marketplace for mobile data, making it accessible and affordable worldwide.

• Blockchain Utilization:

• Leveraging blockchain technology ensures transparency and security in transactions.

• Wide Adoption:

• Over twenty-five million users and availability in over 140 countries demonstrate significant adoption.

• Partnerships:

• Strategic partnerships with major entities like Samsung Blockchain enhance credibility and utility.

• Innovative Solutions:

• Offers solutions like eSIM technology, making international roaming more accessible and affordable.

• Market Volatility:

• DENT is subject to market volatility, as with all cryptocurrencies.

• Regulatory Risks:

• Potential telecom or crypto space regulatory changes could impact operations.

• Dependence on Adoption:

• Dent's success relies heavily on continued user adoption and expansion.

• Competition:

• Faces competition from other blockchain projects and traditional mobile operators.

• Centralization Concerns:

• There are some concerns about token distribution and control by the founding team and telecom partners.

• High Potential Market:

• Dent addresses the vast global mobile data market, offering significant growth potential.

• First-Mover Advantage:

• Dent has a competitive edge as one of the first to tokenize mobile data.

• Strong User Base:

• A large and growing user base enhances the network effect and potential for appreciation.

• Innovative Technology:

• Utilizing blockchain for mobile data transactions is a forward-thinking approach.

• Strategic Partnerships:

• Collaborations with significant industry players could drive further adoption and utility.

• Global Mobile Data Marketplace:

• Dent uniquely offers a global platform for trading mobile data, setting it apart from traditional mobile operators.

• Blockchain Integration:

• A key differentiator is using blockchain technology for secure and transparent transactions.

• eSIM Technology:

• Dent's focus on eSIM technology for easier access to mobile data services worldwide is a significant advantage.

Dent aims to solve the problem of unused mobile data, high roaming charges, and the need for more flexibility in traditional mobile data plans by creating a decentralized marketplace for users to buy, sell, or donate mobile data across borders without incurring high fees.

Dent was co-founded by Tero Katajainen, a Finnish entrepreneur with a background in creating internet startups and expertise in transactional systems. The team includes professionals with experience in mobile technologies, blockchain, and telecommunications.

During its ICO in July 2017, Dent raised approximately $4.3 million, selling 70% of its tokens to the public. The provided sources do not explicitly state the ICO price and initially allocated unied.

• Market Volatility:

• Cryptocurrency markets are highly volatile, and DENT is no exception.

• Regulatory Uncertainty:

• Regulation changes could adversely affect Dent's operations and token value.

• Adoption Challenges:

• The platform's success relies heavily on widespread adoption by users and telecom partners.

• Competition:

• Dent faces competition from both blockchain projects and established mobile operators.

• Centralization Concerns:

• The distribution of tokens and control by the founding team and partners could pose risks to decentralization.

The Dent token (DENT) whitepaper provides a detailed insight into the project's vision to revolutionize the mobile data industry through blockchain technology. Here's a comprehensive overview based on the insights from the whitepaper and additional authoritative sources:

Dent aims to tokenize and liberate the mobile data market by creating a worldwide marketplace on the Ethereum blockchain where mobile data can be bought and sold using DENT tokens. This initiative seeks to address the inefficiencies in the current mobile data market, such as unused data allowances and high roaming charges, by enabling a transparent, efficient, and user-driven ecosystem.

The DENT Exchange, central to the Dent ecosystem, facilitates the sale, purchase, and donation of mobile data packages through smart contracts on the Ethereum blockchain. This exchange is designed to increase the efficiency of mobile data transactions, making data pricing transparent and allowing for automated bidding similar to spot markets and digital advertising today.

DENT tokens serve as the currency within the Dent ecosystem, enabling users to engage in transactions on the DENT Exchange. Initially, users can acquire DENT tokens through the crowd sale or later from marketplaces. Once the DENT Exchange is operational, the tokens are used for buying and selling data on an international marketplace. During the build-up phase, users can obtain DENT Tokens to participate in the DENT community, leveraging collective power to demand data liberation and changes in telecom business practices.

The whitepaper also highlights Dent's commitment to developing markets with initiatives like "Gigabytes for Africa," aiming to enable donations of unused mobile data to those in need. This aligns with the United Nations' Sustainable Development Goals, emphasizing the importance of mobile data access in fostering innovation and economic development in underserved regions.

The DENT Token Sale details provided in the whitepaper outline the estimated token value in ETH offered during the token sale, the total creation of 100 billion DENT Tokens, and the distribution strategy, including a public sale of 70% of the tokens. The remaining 30% of tokens are reserved for the company for telecommunications acquisition, market seeding, user incentives, salaries, and bonuses. The whitepaper also mentions bonus tiers for early participants in the token sale.

The Dent whitepaper articulates a vision for a decentralized and democratized mobile data marketplace, leveraging blockchain technology to address current market inefficiencies. By enabling the buying, selling, and donation of mobile data globally, Dent aims to empower users, foster competition among telecom providers, and contribute to the digital inclusion of underserved communities worldwide.