Dent

What is Dent (DENT)?

Dent (DENT) happens to be a project utilizing blockchain technology to present a unique take on the whole telco (telecom company) paradigm that we’re all familiar with.

History: The Genesis of Dent

Dent’s founding can be traced back to 2014, with Tero Katajainen, the founder of the DENT Wireless firm, and Mikko Linnamäki, an entrepreneur, being the primary individuals behind it. Then, three years later, in July of 2017, Dent carried out an ICO (initial coin offering), where it successfully raised the funds it needed for development.

Following that, later that same year, the DENT token was launched on Ethereum alongside Dent’s own mobile application.

The Mission Behind Dent

The primary vision underlying the formation of this project was to take a transformative approach within the realm of mobile data through the creation of a decentralized system. However, to be more specific, it seeks to generate a marketplace globally where the purchasing and selling of unused mobile data and mobile data packages can be possible.

Empowering Data Sharing: The Big Idea

Through its utilization of blockchain technology, Dent strives to increase the efficiency, affordability, transparency, and accessibility of data sharing.

With this, there is potential for the empowerment of users throughout the world to share their data.

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How Dent is Changing the Mobile Landscape

Here, we will be looking at some of the ways in which Dent seeks to transform the existing mobile landscape.

Decentralizing Mobile Data

By creating a marketplace that allows anyone to buy and sell mobile data, effectively decentralizing the whole thing, problems more commonly associated with the more centralized options, such as higher fees, slower speeds, etc., may be avoided.

Eliminating Regional Restrictions

By allowing anyone anywhere to sell and buy mobile data, Dent can do away with a lot of the regional restrictions associated with centralized providers, who, while allowing their users to use their mobile data across various borders, charge a premium for doing so, with not many even providing such a service to begin with.

A User-Centric Mobile Marketplace

Dent, through its services, seeks to free its users from regional telco firms’ grips and give anyone the freedom to choose whenever they’re purchasing and using mobile data.

To that end, it has incorporated a user-centric design into its offerings.

The Technology Driving Dent

Let’s now take a brief look at the technology underlying the Dent platform, i.e., the things that get it running and are an integral aspect of its foundation.

Secure Transactions: Trust in the System

Since Dent is based on the blockchain, it implies that any transactions on it have been cryptographically secured and immutable.

So, one can rest assured that their transactions will be permanently, perfectly, and unalterably recorded.

Smart Contracts: Simplifying Processes

Since Dent is based on the Ethereum blockchain, it has access to its smart contracts. It uses these to facilitate and automate all the transactions that take place on its platform, with no intermediaries’ involvement and users being certain of transactional outcomes.

Navigating the Dent Platform

Within this section, we will be discussing some of the things that one may come across when navigating Dent.

Mobile Data Trading: A Unique Offering

This would be where its mobile data marketplace comes into place, which essentially facilitates and decentralizes the trading of data on the platform.

Here, various activities can be conducted, such as user-to-user data exchanges, IDOs (initial data offerings), and P2P (peer-to-peer) data package transfers.

eSIM Technology: Simplifying Global Connectivity

Among the emerging technologies that even allow projects such as Dent to exist is the evolving landscape of SIM (Subscriber Identity Module) technology. There is what’s known as soft SIM and eSIM technology that Dent utilizes.

This untethers users from those physical SIM cards, utilizing electronic or cloud-based models instead.

Understanding the Dent App

Users may access Dent’s services through either its website or its mobile application. While the web version can be a bit more complex, its mobile application is more intuitive and empowers users to purchase and sell mobile data easily and seamlessly, within a secure environment. Its mobile applications, on their own, have a large user base, with over 14 million verified downloads.

The DENT Token: Fueling the Ecosystem

Let’s now shift our attention towards the thing fueling or powering its entire ecosystem, i.e., Dent’s native token. Here, we’ll discuss its utility, distribution, and how they may be acquired.

How the DENT Token is Utilized

The fundamental way in which the token is being utilized is how it serves as the primary mechanism with which the payments on Dent take place.

In other words, you need the token to buy or sell, or basically make any kind of transaction on its platform.

Token Distribution

From its maximum supply of exactly 100 billion tokens, 70% of it has been set aside for sales, which also accounts for those tokens that were released amidst pre-sale activities, while the remaining 30% has been allocated to rewards, acquisitions, bonuses, and wages.

How to Acquire DENT Tokens

Those who plan on selling may acquire them for their data allocations, while the buyers may grasp them from exchanges like Binance or Bittrex.

Other than that, you have what Dent refers to as the Offer Wall. Here, users can get DENT tokens for free by completing surveys and playing games, among other things.

How to Buy DENT Token on Binance

If what has been mentioned so far has resulted in you wanting to purchase the token, then let’s see how that is done on Binance, possibly the world’s largest and most popular cryptocurrency exchange.

The Signup Process

The sign-up procedure here is as straightforward as it gets. So, if you haven’t created an account already, start by clicking on the link below, which will take you to the registration page using a special Coin-Labs referral code. Once there, fill in all of the fields required of you, such as your email address, password, referral code, etc.

Essential Security Measures

Now, once you have created your account, you might want to beef up its security. Binance offers two options for doing that, including 2FA authentication and biometric scanning. Head over to its security page, click on the relevant options, and follow the instructions that Binance will outline to complete these security measures.

Other than that, you should also go through its KYC process. This is so that you can access all of its features without being subject to any form of limit.

So, head over to its verification page, where you will have to enter some personal details surrounding your identity. Once added, you will then be asked to provide some documentation evidence to back that up, which will likely include photos of government-issued IDs, utility bills, bank statements, etc.

Funding Your Binance Account

Once you have properly secured your account and gone through KYC, you can move on to funding your account. So, on Binance’s deposit page, select a token you wish to deposit, and then select any of the networks that support that token. Following that, a deposit address should be generated, which you can then use on an external service, like a wallet or exchange, to make the transfer from there.

Executing Your Purchase

There are numerous options through which you can purchase some DENT tokens. These include spot, futures, P2P trading, etc.

The easiest would probably be simply converting the assets you have deposited on Binance into DENT.

Storing Your DENT

After finally buying those DENT tokens, you can withdraw them through Binance’s withdrawal page and store them in your own wallet.

To do that, on its withdrawal page, select the DENT token, specify the amount you wish to withdraw, select the network, and then paste your wallet’s address into the withdrawal field.

Dent’s Roadmap: Past, Present, and Future

While it has largely completed what it initially set out to do in its earlier roadmap, which covered 2019 to 2020, it appears that it doesn’t have anything on that level of scale planned for this year or the next.

Significant Achievements and Partnerships

Probably its most worthwhile achievement is how they have managed to expand their services to almost 190 countries and have delivered on what they laid out in their roadmap when it launched, releasing important features like eSIMs and various others. And in the process of doing that, it managed to partner up with the likes of Samsung Blockchain, MEF, and more.

Upcoming Features and Innovations

As for its upcoming developments, Dent plans on fixing any bugs associated with a certain feature and then deploying it on the testnet. This feature essentially utilizes NFTs for the storage of voice minutes on-chain.

Conclusion

By incorporating blockchain into telecom, Dent seeks to disrupt or change the sector for the better, where it has steadily unveiled the potential that such an approach can have, in which mobile data services can all be bought and sold via a P2P market. However, Dent still continues to evolve and develop beyond what it initially intended, seeking to become one of the leading eSIM services within the space.

We Coin-Labs.com provides only objective information about Dent.
Therefore, we are not responsible for the investment decision in Dent and the resulting loss.

Dent Basics

Here are some factors that investors should consider before investing in Dent.

Cryptocurrency Features	Dent (DENT)
Publisher or Developers	Tero Katajainen, Mikko Linnamäki, Andee Vollmer
Headquarters (Registration Number)	British Virgin Islands
Symbol	DENT
Platform	Ethereum
Published Date (CMC Registration)	2024-12-01
Max Supply	100,000,000,000 DENT

Reliability Score of Dent in 2024

These are indexes mesuring the investment reliability of Dent conducted by Coin-Labs.com.

Investment Reliability Rating Items	Scores and Current Status
Company Activation Rate	/ 10.0 CAR
Communication Rate	/ 10.0 CR
Technology Transparency Rate	/ 10.0 TTR
Development Participation Rate	/ 10.0 DPR
Listing Status on the World's Top 10 Exchanges	Listed on 5 Exchanges
Number of Available Pairs Worldwide	119 Pairs
Market Cap of the Cryptocurrency	95,692,480 USD (Rank #360)

The table above shows the result of investment suitability evaluation for Dent.
Check out how we evaluate cryptocurrencies on the crypto rating description page.

Dent Price

Here are the price and recent trading volume of Dent. (Data of 2024-12-02 03:40:00)

Price Items	Price and Trading Volume of Dent
Dent Price	0.002 USD
Price Change 24h	-1.45%
Price Change 7d	15.67%
Trading Volume 24h	11,156,256 USD
Trading Volume Change 24h	-21.47%

Cryptocurrency Metadata

You can check the development status and social media information of Dent through the links in the table below.

Metadata Source	URL
🌎 Official Website
📖 White Paper
🛰️ Source Code (GitHub)
🐦 Twitter
🤖 Reddit
🎺 Message Board

Where to Buy Dent

Here are the top ten world crypto exchanges where traders can buy Dent in 2024.

Top10 Exchanges	Listed Status	Page URL
Binance	Listed	https://www.binance.com/en/trade/DENT_USDT
Coinbase	Not listed
Kraken	Listed	https://pro.kraken.com/app/trade/dent-usd
KuCoin	Listed	https://www.kucoin.com/trade/DENT-ETH
Bitfinex	Not listed
OKX	Not listed
Huobi	Not listed
Bitstamp	Not listed
Bybit	Listed	https://www.bybit.com/trade/usdt/DENTUSDT
Gate.io	Listed	https://www.gate.io/trade/DENT_ETH

Frequently Asked Questions