What is Dent

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About Dent

Key Points

  • Launched in 2017, Dent is a digital mobile operator offering eSIM cards, mobile data plans, and roaming-free experience.
  • Plans to expand services to new markets by the end of 2021.
  • Already has over 25 million mobile device users and available in over 140 countries.
  • Partnerships include Samsung Blockchain, The Enterprise Ethereum Alliance, and Telecom Infra.

Founders

  • Tero Katajainen: Founder and CEO, with a master’s degree in sciences from Tampere University of Technology.
  • Mikko Linnamäki: Co-founder, serial web

About Dent: Empowering IoT Data Exchange

Introducing Dent (DENT): The Pioneering Mobile Data Blockchain

Launched in 2017, Dent pioneered a groundbreaking digital mobile operator model, offering eSIM cards, mobile data plans, call minutes top-ups, and a seamless, roaming-free experience. As stated on the company’s website, Dent harnesses the capabilities of blockchain technology to create a global marketplace that liberates mobile data, fostering a liberated mobile experience.

Dent boasts an ambitious roadmap, with plans to extend its services to new markets by the end of 2021. Having already garnered a substantial user base of over 25 million mobile device users, Dent’s services are currently accessible in more than 140 countries worldwide. Notably, the company has forged strategic enterprise partnerships with esteemed organizations, including Samsung Blockchain, The Enterprise Ethereum Alliance, and Telecom Infra.

The Visionaries Behind Dent: Meet the Founders

Tero Katajainen, the visionary founder and CEO of DENT Wireless, holds a Master of Science degree from Tampere University of Technology, which he earned in 1999. Following his graduation, he took on the dual role of system administrator and Java programmer at the university. In 2001, Katajainen assumed the position of CTO at Genetics AG, and two years later, he founded Pocket Indian Software Solutions. Notably, in 2015, he served as a senior Java/Android consultant for the esteemed United Nations. Throughout his illustrious career, Katajainen has garnered numerous awards and honorary achievements in the realm of technology.

Mikko Linnamäki, co-founder of DENT Wireless, has been a driven entrepreneur and businessman since 2000. Boasting a portfolio of five successful ventures prior to founding Dent, Linnamäki aptly describes himself as a “serial web-entrepreneur and Internet software pioneer.” Notably, his longest-standing business endeavour is Smartseed GmbH, which has thrived since its inception in late 2000. Additionally, Linnamäki played a pivotal role in the establishment of DEVCOT, one of the world’s largest open-source IMAP servers.

Unveiling the Unparalleled Attributes of Dent

Dent is a trailblazing innovator in the realm of mobile communications and data services. Currently, approximately half of the global population faces restricted access to mobile services due to the exorbitant prices charged by traditional mobile carriers. By harnessing the transformative power of blockchain technology, Dent is poised to revolutionize this landscape, providing unfettered global access to mobile airtime and data.

Dent revolutionizes the conventional notion that mobile data is inextricably linked to geographical location by emerging as a global digital mobile operator. By offering bespoke plans tailored to the needs of modern, globe-trotting citizens, Dent eliminates the burden of exorbitant roaming fees and introduces seamless international mobile plans. Notably, all transactions on the Dent platform are facilitated through DENT tokens, ensuring that every transaction is immutably recorded on the blockchain, thereby guaranteeing that customers receive the services they pay for. In stark contrast to traditional mobile operators, Dent strives to make mobile airtime and data universally accessible, regardless of geographical location, to anyone who desires it.

What Is the Circulating Supply of Dent (DENT) Coins?

As outlined in the company’s whitepaper, the maximum supply of DENT tokens is capped at 100 billion. At the time of writing, the total circulating supply stands at 93,690,412,211 DENT tokens.

Out of the total supply, 8.6 billion DENT tokens were sold at a fixed price of $0.0005 per token during the company’s inaugural initial coin offering (ICO). A strategic 30% of all DENT tokens were retained by the company for tactical acquisitions, market seeding, user incentives, salaries, and bonuses. The remaining 70% of the token supply was released during pre-sale and sale events, with any outstanding tokens being locked up and subsequently released on a quarterly basis.

The Security Architecture of the Dent Network: A Robust Framework

DENT is an Ethereum-based ERC-20 token, leveraging the proof-of-stake (PoS) consensus method to facilitate the Dent platform’s operation. In contrast to Bitcoin, which employs the energy-intensive proof-of-work (PoW) consensus mechanism, Dent relies on a network of large stakeholders who assume the roles of nodes and transaction validators.

The advantages of Proof of Stake (PoS) consensus mechanisms are multifaceted, with the most notable benefits including enhanced scalability and a significant reduction in electrical and computing power consumption. In light of these advantages, numerous platforms are opting to leverage the Ethereum blockchain as the foundation for their product launches. Notably, Dent was one of the pioneering projects to introduce an ERC-20 token as early as 2017.

Acquiring Dent (DENT): A Comprehensive Guide to Exchanges and Marketplaces

DENT coins are remarkably accessible for purchase, being ERC-20 tokens. A prudent choice would be Binance, which boasts the largest trade volume of DENT coins as of April 2021, making it an attractive platform for investors.

Alternatively, DENT tokens can be acquired through KuCoin. It is essential to acknowledge that investing in cryptocurrency carries inherent risks, as coin prices are notoriously prone to drastic fluctuations.

Discover the ins and outs of purchasing cryptocurrencies and explore the vast opportunities available in the digital asset market.

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