Introduced in 2017, Dent is an innovative digital mobile operator that provides eSIM cards, mobile data packages, the ability to top up call minutes, and a seamless roaming-free experience. As outlined on their official website, Dent leverages blockchain technology to establish a global marketplace aimed at democratizing mobile data access.
Dent is set on a bold path, aiming to broaden its reach to new markets by the close of 2021. Already, it has drawn over 25 million mobile users and operates across more than 140 countries. Dent's enterprise collaborations include partnerships with Samsung Blockchain, The Enterprise Ethereum Alliance, and Telecom Infra.
Who Founded Dent?
Tero Katajainen is the visionary behind DENT Wireless, serving as its founder and CEO. He earned his master's degree in sciences from Tampere University of Technology in 1999. Following his graduation, he took on roles as a system administrator and Java programmer at the university. In 2001, Katajainen became the Chief Technology Officer at Genetics AG, and two years later, he established Pocket Indian Software Solutions. By 2015, he was working as a senior Java/Android consultant for the United Nations and had garnered numerous awards and honors in the tech industry.
Mikko Linnamäki, another co-founder of DENT Wireless, has been an active entrepreneur since 2000. Having successfully launched five businesses before starting Dent, Linnamäki describes himself as a "serial web-entrepreneur and Internet software pioneer." His longest-running business is Smartseed GmbH, which he launched in late 2000. He also played a key role in founding DEVCOT, recognized as one of the largest open-source IMAP servers in the world.
What Sets Dent Apart?
Dent is a trailblazer in the mobile communications and data services sector. Currently, roughly half of the global population faces limited access to mobile services due to the steep costs imposed by traditional mobile providers. Dent aims to disrupt this scenario using blockchain technology, providing broader access to mobile airtime and data worldwide.
By positioning itself as a global digital mobile operator, Dent challenges the conventional notion that mobile data is bound to one's location. They offer flexible plans tailored to the needs of global citizens, eliminating roaming charges and introducing international mobile plans. Transactions on the Dent platform are conducted with DENT tokens, ensuring all dealings are recorded on the blockchain, preventing customers from paying without receiving the intended service. Dent's mission contrasts with traditional mobile operators by striving to make mobile airtime and data universally accessible, regardless of geographic location.
How Many Dent (DENT) Tokens Are Currently in Circulation?
The company's whitepaper reveals that the maximum supply of DENT tokens is capped at 100 billion. At the time of writing, the 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 rate of $0.0005 each during the initial coin offering (ICO). The company retains 30% of all DENT tokens for strategic purchases and market expansion, user rewards, employee compensation, and incentives. The remaining 70% was made available during pre-sale and sales events, with any leftover tokens being gradually released quarterly.
How Is the Dent Network Protected?
DENT operates as an ERC-20 token on the Ethereum blockchain, which means the Dent platform uses the proof-of-stake (PoS) consensus method. Unlike Bitcoin's proof-of-work (PoW) system, Dent depends on significant stakeholders to act as nodes and transaction verifiers.
The PoS approach offers numerous benefits, with key advantages being enhanced scalability and lower electricity and computing demands. This has made many platforms interested in using the Ethereum blockchain for their projects. Dent was among the first to launch an ERC-20 token back in 2017.
Where Can You Acquire Dent (DENT)?
Since DENT is an ERC-20 token, it's relatively easy to purchase. Binance is a top choice, boasting the highest trading volume of DENT coins as of April 2021.
Another platform to consider for buying DENT tokens is KuCoin. However, it's important to remember that cryptocurrency investments carry risks due to their highly volatile nature.
For more details on purchasing cryptocurrencies, click here.
