Dent

What is Dent (DENT)?

DENT is the native token of the Dent platform, which represents digital mobile operator. It provides users with everything that traditional mobile operators do, including mobile data plans, eSIM cards and so on. View the DENT price chart above to see historical data and the current price of DENT.

However, Dent is unique because it integrates blockchain technology into the mobile data industry. It provides global access to mobile data and airtime, and much lower prices than traditional mobile operators.

Dent achieves this by eliminating roaming charges and providing users with international mobile plans. Moreover, this turns mobile data into an asset which can be traded with other users.

The Dent company employs Proof of Stake consensus algorithm. How it works? Essentially, users should bid DENT tokens to become node validators who approve and create new blocks. For this they receive rewards for bets.

Above eSIM is a digital SIM card that you can download to your iPhone. It allows users to access internet connections in approximately 60 countries.

You can travel without paying roaming charges or changing SIM cards thanks to data provided by Dent worldwide. Plus, since you pay per GB as you use them, there are no obligations. Additionally, unused data remains valid for one year, which is not the case with traditional mobile data services.

However, in addition to eSIM cards, Dent also offers features such as:

• Mobile application DENT. It provides users with access to other DENT services such as Gigastore, Swap and Exchange. Also, users of the Dent application have the opportunity to earn DENT tokens for free. Firstly, you immediately receive DENT tokens after registering in the application.
• DENT teams. It allows you to share mobile data between many devices or other people for free. All you have to do is purchase data on one device and share it with others.
• DENT Gigastor. It allows users to purchase eSIM mobile data packages.
• Exchange DENT. This allows DENT holders to exchange their tokens for other crypto assets and vice versa. Additionally, users can earn commissions by providing liquidity to DENT Swap liquidity pools.
• DENT Exchange. It allows users to buy and sell mobile data to other users in 60 countries.

Founders of the company “Dent”

Tero Katajinen, Andreas Vollmer and Mikko Linnamäki are the founders of Dent Wireless, the company behind the Dent platform.

Tero Katajainen is the first founder of Dent (others joined a little later). Katajinen became a Java programmer immediately after graduating from university in 1999. In fact, in 2015, he was a senior Java/Android consultant at the UN. Before working on the Dent Wireless project, he also founded Pocket Indian Software Solutions.

Mikko Linnamäki is a businessman and entrepreneur. In 1995, Mikko introduced his first Internet software products through his German business. Since then, he has founded and sold a number of telecommunications and Internet companies.

Andreas Vollmer is a mobile specialist. Before joining the team, Dent worked at TDSoftware. Additionally, he has co-founded various companies including NiftyMarket, OpenTeam and so on.

Purpose of DENT tokens

DENT is stored on the Ethereum blockchain as ERK-20 token. Essentially, DENT tokens serve global payment system for telecommunications and the general public to share mobile data. These can be used to purchase voice minutes or eSim data. In general, DENT tokens can be used to pay for any services or transactions on the Dent platform. In addition, DENT tokens can be at stake because, as mentioned earlier, Dent uses a PoS consensus mechanism. Rewards for bets are also paid in DENT tokens.

If you are planning to buy Dent coins, please note that the price of DENT is subject to change. This is because, like the prices of other digital assets, DENT coins are affected by the volatility of the overall cryptocurrency market.

Tokenomics of DENT tokens

The maximum supply of DENT tokens is 100 billion, which means no new tokens will ever be created. Given these deflationary measures, DENT’s price is likely to rise in the long term.

Dent was officially launched in 2017 after initial coin offering (ICO). During the ICO, the price of Dent was $0.0005 per token. 70% of the token supply was dedicated to DENT pre-sale and sale events. After that, all unsold tokens were blocked and distributed every three months. The remainder of the offering was aimed at user incentives, bonuses, strategic acquisitions and market fill.

In the early days, the price of Dent was less than a cent. However, it experienced exponential growth in January 2018 when its value rose to $0.11. After a period of high volatility, it fell back to the same range it was in at the time of launch.

Dent has demonstrated a tendency to follow the general trends of the crypto market. The price of DENT often increases or decreases depending on bullish or bearish market sentiment, which is typical for larger cryptocurrencies. Bitcoin (BTC) And Ethereum (ETH) experience.