Dent (DENT)

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DENT is a solution for open, trustless selling and buying of mobile data in the blockchain. The project aims at the development of a global marketplace.

Joke Name

Dent = Data Marketplace

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (DENT)

Coin or Token

Circulating Supply (17 Billion)

Total Supply (100 Billion)

Market Cap Ranking

Review

DENT is a solution for open, trustless selling and buying of mobile data in the blockchain. The project aims at the development of a global marketplace where every person on Earth who is connected to the internet may sell and/or purchase mobile data packages.

The current state of the telecom market only offers a choice from a handful of Telco monopolists that overprice their services. DENT provides the users with more opportunities at a smaller cost.

“Blockchain is giving us a robust transaction platform as a foundation for the DENT marketplace. With our easy-to-use apps normal mobile users will find the data package they need easily”, says Tero Katajainen, CEO and Founder of DENT Wireless LTD

Features

  • The DENT Token
  • Loyalty Program
  • Mobile App

The DENT Token

DENT chose to integrate the best elements of the sharing economy into their data-oriented services. All of DENT’s users have the option to freely buy, share, sell, and donate their mobile data on a peer-to-peer basis. DENT also removes the costs of data roaming and allows for setting up automated purchasing mechanisms for IoT devices. All of the above is paid for in DENT tokens ergo there is both good use and high demand for them.

Loyalty Program

DENT offers a loyalty program that, despite being as simple as snow, offers a wide array of actually useful benefits like a 50% discount on crypto pairs trading.

The Afterburner is where the loyalty program shines brightest, however. It is divided into three types, each with certain requirements and unique benefits.

The WHITE membership status is the entry point into the program for those users who have more than 2000 DENT on their balance. Even a minimal investment like that offers discounts in the apparel store, 100 minutes of free calling and 10% more referrals for you and a person of your choosing.

The next level is the RED membership that requires a minimum balance of 5000 DENT. It basically doubles the previous benefits and adds a 20% fee discount on top.

The BLACK membership is the max level for holders of 10K+ DENT. The benefits and discounts here scale accordingly and BLACK members gain early access to a Beta version of the new software.

The mobile APP

Download the app for iOS or Android, get your bonus DENTs for the registration, share the data like extra package minutes you’ve paid for but don’t use and get more DENTs as a reward. It’s really as simple as that.
The app is clear, consistent and intuitive and it has 4.9/5 ratings to prove it. Here are a few other app facts that are worth your attention:

  • Over 4.1 million users
  • 400 operators from 130 countries are connected
  • Free DENTs as gifts to app users

The roadmap for 2018 and 2019

Q3 of 2018 has been the time of the release of DENTs new app. The release of the mobile application was aimed at boosting awareness and poking the investor’s curiosity. New operators from 15 new countries have been added during Q3.

Q4, 2018 is aimed at user acquisition. The company’s goal is 7 million active users and they are halfway there already. The release of the abovementioned Afterburner should speed things up even more.

Voice calls, video calls, and worldwide SMS services will be launched in 2019 thus expanding the user base even further. DENT is expecting to cater to their shared data economy service to 15 million users by the end of 2019.

Conclusion

DENT is a great solution for an outdated, monopolized industry. It brings actual value to its users, thus increasing both awareness and demand for their tokens. Their team is experienced and the press is generally pleased with what DENT has to offer.

Pros

  • Decent project
  • Lots of users

Cons

  • No backing (asset, profits, commodity)
  • Big competition