Dent is certainly one of the 5 most anticipated crowdsales of July, 2017. In order to give you an overview about this token sale, we need to understand the project first.
Mobile data is becoming one of the most important commodities in the world, but there isn't a token for it. DENT wants to enable anyone with unused mobile data to trade it through a secure decentralized exchange in return for cryptocurrency tokens. The over the top DENT Exchange is going to enable users to connect to one another in peer to peer fashion across a blockchain based trading platform to buy, sell or even donate their unused mobile data allowances.
Objetive
DENT aims to be the World’s First Mobile Data Exchange DENT Seeks to Disrupt Telco Market with Blockchain. As a result, one could say Dent is going to tokenize the Mobile Data Industry by creating a worldwide marketplace on Ethereum Blockchain
to sell and buy Mobile Data with DENT Tokens.
Vision
DENT team's vision is to create a global exchange using Ethereum blockchain, where everyone on this world has the opportunity to buy and sell mobile bandwidth in any country just like you buy foreign currencies on FOREX.
Who is the team behind DENT?
DENT Wireless LTD is based in Hong Kong. It was founded in 2014 as Commando Coder Ltd. when Mr. Tero Katajainen decided to develop an automated FOREX trading system with built-in risk management functions. Mr. Katajainen integrated the product with the worldwide leader trading terminal MetaTrader, allowing traders to trade straight out of the Web application. Parts of this product are now being integrated into the DENT Exchange to allow buying, selling, and donating of mobile data packages on the marketplace. Earlier this year, the other founders invested in the company and joined Mr. Katajainen in this venture to develop and bring DENT Exchange to the world.
Mr. Tero Katajainen
Mr. Tero Katajainen is DENT Wireless CEO and Founder. He is very experienced and has co-founded several Internet startups in his 20-year career. He is Finnish. He holds a Master of Science in Electrical Engineering at the University of Tampere, Finland. His deep knowledge about FOREX trading systems is a big advantage for DENT. Mr. Katajainen was also one of the first developers to implement direct mobile operator payment systems to consumer applications. As a specialist for transactional systems and Blockchain, he is the mastermind of all tech at DENT.
Mr. Mikko Linnamäki
Mr. Mikko Linnamäki is a Co-Founder. He is Finnish as well. Mr. Mikko Linnamäki is an Internet pioneer and serial entrepreneur with a track record of launching successful Internet businesses since 1994. For example, he is a Co-founder of DOVECOT Oy, the company behind DOVECOT, the world‘s most popular IMAP Server with a world market share of 72% and over 4 million installations worldwide. An estimated 2,5 billion users are entrusting their Email storage to Dovecot every day. Mikko recently received a patent for his invention "Ad Hoc Injection of IMAP Objects".
Mr. Andreas Vollmer
The other co-founder of DENT Wireless LTD is Mr. Andreas Vollmer. He is the Mobile specialist in the team with 12 years’ experience developing Mobile Apps, from Symbian in 2005 to iOS and Android today. Andreas is Co-Founder of TDSoftware, a leading German mobile app development company which is developing apps for companies such as Audi, Mercedes-Benz, GLS, Deutsche Post and others. Andreas is also an expert in mobile Customer Relationship Management systems.
Timeline
The Pre sale starts on July 12th and will be ongoing until the 26th of July. The next image gives a good idea about it:
How to buy DENT coins?
DENT Presale is OPEN! You can register on https://www.dentcoin.com/ to get access to the Presale page now. If you prefer, though, you can participate on the token sale starting on July 12th, 2017.
How to participate on the token sale?
First of all, you need Ether (ETH) to participate. DENT Token is going to be an ERC 20 token. Please refer to https://www.dentcoin.com/tokensale and join the token sale.
How is the token sale structured?
There will be a sale of 70% of the maximum supply of DENT Tokens . The distribution of the tokens is going to start after the token sale finishes. The total supply of DENT Tokens is going to be 100 billion, which means 70 billion tokens will be sold during the token sale. In addition, a minimum of 35% of the sale will be reserved to purchasers with smaller budgets.
No tokens will ever be added to the supply.
How much will it cost?
The normal exchange rate will be: 1ETH = 400,000 DENT. The conversion rate ETH / DENT will change during the crowdsale due to the bonus discounts. This convertion rate considers no discounts.
Social responsibility
Another important information is the fact that DENT Wireless LTD will pledge 1 billion tokens, or 1% of the DENT Tokens to the
United Nations SDG program for the purpose of enabling mobile data access in developing countries.
White paper
You can find the white paper on the following link: https://www.dentcoin.com/whitepaper
Remember to do your own due diligence and invest carefully! Good luck!
Very good material! Thank you!
Thanks for the research. I'll have closer look on the project.