What is DENT Coin?
DENT uses the skills of blockchain technology to create a global marketplace for mobile data liberalization.
Mobile data access is becoming as important to people as basic necessities such as electricity, water and food. The next asset to be released is mobile data. Around the world, operators make billions of dollars in profits, but consumers are being prevented from realizing the full potential of mobile data.
Dent is a digital network operator that provides roaming-free services such as mobile data plans and an eSIM card, and is a crypto asset produced on an Ethereum-based ERC-20 network.
It is also already sold in the market and is of interest to more than 3.5 million users worldwide.
While it is important to understand the world of information (telecom) before delving further into DENT, in an increasingly globalized world, old types of income models are being turned upside down. With global travel and the increasing use of data, telecommunications companies are struggling to survive.
Today, giants like Google and Facebook don’t have a truly global telecom service equivalent to OTT, Over-The-Top players. In contrast, some telecom companies have established various global partnerships and joint ventures.
DENT provides the missing global platform for consumers locked into a single regional operator, limiting their purchasing and usage capabilities. The real problem is that customers waste over $4 billion in mobile data every month. DENT is to provide a unified data marketplace for telecom operators to interact with their global user base. This allows telecommunications companies themselves to be part of the outage rather than being interrupted.
We can examine Dent’s problem-solving ability under 3 headings:
The Data Sharing Economy
- It allows users to freely buy, sell and donate their mobile data to any other device.
- DENT Exchange serves as a marketplace for the purpose of mobile data trading.
- The DENT Token will serve as a global currency for mobile data transactions between the consumer community and telecoms.
International Roaming
With the disruption of international roaming, it makes it easier to eliminate factors such as data roaming costs, including costly routing between telecoms.
Buying Mobile Data
Allows automatic purchase of data packets for investors. The consumer always receives the best price from the most suitable operator in his area.
Operators can quickly and easily connect to the DENT network to support a global customer base without having to build their central systems.
Token Economy
The total supply of DENT assets is limited to 100 billion. The distribution is as follows:
- During the company’s initial offering, 8.6 billion DENT was sold at a fixed price of $0.0005 per token (
ICO
). - 30 percent of all DENT tokens are held by the company for strategic purchases and user rewards, fees, and bonuses.
- The remaining 70 percent of the token supply was released during pre-sale and sale activities, while the remaining tokens were locked and then released quarterly.
Use Case
For example: Burak is a customer of a Turkish operator with 2000 DENTs. As soon as it arrives in the UK, it connects to the DENT market via Wi-Fi at the airport and buys the mobile data it needs.
This information could have been provided by Michael, a customer of a British operator. John doesn’t need any extra editing and starts using his phone on the UK network.
While Burak’s Turkish operator collected transaction fees, Michael’s UK operator increased utilization against its share of costs.
eSIM Project
With a validity of 365 days, it can connect to the internet in more than 50 countries of the world, while DENT eSIM takes care of mobile data traffic while users can keep their phone numbers working.
When we use Worldwide Data, it is possible to fly without changing SIM cards and without paying roaming charges.
There is no need to sign a contract as we pre-pay the GBs we have when we travel.
The DENT team’s achievements to date have been impressive, and it has already acquired more than 3.5 million users.
As the team creates an exchange for mobile data, over time they will control not only most of the tokens, but also their exchange. The tokens are therefore under the control and final decisions of the DENT team.
However, the platform and use cases seem to have a growing global user base and a working product, with a lot of value added for both consumers and telecom companies. So far, DENT has proven to be one of the good cryptocurrency projects with real use cases, applications and user base. We recommend that you take a look at this.
