Dent wireless: The future of 5G in our world!😳
Dent wireless: The future of 5G in our world!😳
Dent wireless: A blockchain based e-sim mobile data provider founded in 2017 by Tero Katajainen and a group of other co - founders. Dent was founded with the intent to decentralize and liberalize mobile data and sim operated phonecalls to improve the efficiency and value created by regular mobile network providers (Telco's)
Dent aims to solve real world issues in the telecommunication with the help of blockchain technology by providing e-sims, avoiding data roaming fees when travelling abroad and create a global market place on smart contract platforms like Ethereum(ETH ) whereby users can directly sell and purchase mobile data plans and share with your employees or customers
still interested? then keep reading
The three outstanding problems dent is solving
Dent E- sim (The liberation )
First and foremost, it would be unjustly ungrateful not to applaud the creation of the world's first decentralize E- sim. The E - sim does not only improve portability and safety of ones sim card, it also reduces waste that comes from the use of plastic sim cards. The E- sim give a mobile plans validity range of 365 days(a year), meaning it ploughs down the issue of unused data plans of which makes telco companies loose the billions of dollars they get from our unused data plans which normally expires at a validity date of 1 month( 30 days)
The dent E- sim features voice calls, blockchain intereprobility and services nodes over 60 countries to reduce roaming fees.
Dent Gigastore
Have you ever needed cash at a particular moment in time and said " I wish I could sell my mobile data right now"
Well if so? Now you can!
With the creation of dent digital market place(gigastore) users can easily resell mobile data to other users and vice versa
Plans nearly approaching expiry date, the need for cash and most importantly the liquidity to get in and out of plans at ones convenience will certainly attract new users to the network.
Secondly, it takes away a monopolistic in the telco industry, therefore making an effective redistribution of data to users with out kyc or private information
Lastly, the dent Gigastore provides APIs built in the app to support the business owners and companies to create a main net by which data can be effectively distributed to employees and customers without the need of a local area network(LAN) or intranet.
Dent's data roaming solution
Dent with the help of blockchain technology has created nodes that decentralizes the use of data anywhere in the world.
These implies that instead of buying up costly roaming fees when travelling abroad, dent provides a series of nodes over 60 different countries spread around the world.
The nodes contain data traffic that is simultaneously distributed with the use of blockchain technology to stop roaming fees that are caused by data providers only storing up data information contained in the network in a centralized router or dish in a particular country. These means the information in that data must be transferred to and from one country to another thereby causing users to pay extravagant fees
Note: if dent can solve this particular problem, They Are Golden
Technicals and Tokenomics
"And the end the law of demand and supply will prevail."
The genesis token sale took place in around July 2017.
An estimated value in ETH offered in the token sale: 152,000 ETH
A 100 billion dent tokens were minted at genesis of which 70% are sold in the token sale (with minimum 35% for small capital investors)
Exchange rate : 1 ETH = 400,000 dent
Token type: App token for exchange of mobile data packages
30% remain at dent for operational cost and no token will ever added to the total supply
Note: my opinion
To be honest not the best token nomics for the following reasons
Huge amount of tokens in the hands of large investors that could easily offset the price. Since 65% are sold to large investors in the token sale once demand were out selling pressure(supply) would cause a huge drawdown in price and the arguments can be said for small investors if they all at once decide to sell, but that would be consideredva very high assumption
30% of its tokens are in the hands of its founders. As the coin bureau would say "if more than 10% of a tokens supply is in the hands of one corporation or individual, advisably don't buy." Generally at some point in time they would have to be sold to bring funds for operational cost such as salaries, marketing etc and that would probably cause a decrease in price.
Note: But thank fully that was way back in 2017 and selling pressure has taken place. Presently at the moment dent us trading 2800% below it's All Time High(ATH)
Making it a very lucrative price to get on a bargain(discount) and with a very nice risk to reward ratio too.
Links to white paper below (advisable)
https://www.google.com/url?sa=t&source=web&rct=j&url=https://cryptorating.eu/whitepapers/Dent/DENT_Whitepaper_v2_19.06.2017.pdf&ved=2ahUKEwjg-tW59dj1AhUCSxoKHfGIAP4QFnoECBMQAQ&usg=AOvVaw1A9uXCNH9z1hIJtKL6hTje
Disclaimer: please this is not financial advise and do not take it that way, everything written here is for informational and educational purposes only.
Thanks for reading. Bye✌
Written by Jezz great on steemit and read.cash