Published on Oct 26, 2021

What is DENT (DENT)? How to buy DENT

DENT is a blockchain platform in the telecommunications industry, allowing users to exchange DENT tokens for voice packages, mobile data (3G/4G), etc.

What is DENT?

DENT Wireless was founded in 2014 by Tero Katajainen, aiming to develop an automated Forex market system with risk management features. The project has developed DENT Marketplace to tokenize telecommunications services, allowing anyone to buy and sell mobile data (3G/4G), voice services, and more.

DENT’s vision is to be a global provider of mobile data for users without using a SIM – all thanks to eSIM technology. DENT wishes to free up the mobile data market, opening up new opportunities for telecommunications services.

What problem does DENT solve?

DENT provides a telecommunications service platform that addresses the following challenges:

  • Network data package prices are transparently customized by region through DENT’s marketplace feature.
  • Remove complicated roaming agreements
  • Bill payments are made directly between the user and DENT’s platform, without the need for 3rd party intervention.
  • Communication will be directed to end-users via the DENT mobile app instead of SMS.
  • Provide voice service via IP service such as Whatsapp, Skype or any DENT communication platform.
  • The DENT phone app allows users to easily access roaming networks.

Solutions of DENT

DENT owns a product called DENT Exchange, which acts as a virtual intermediary connecting buyers/sellers and telecommunications companies to:

  • Allow users to buy mobile data at the best price.
  • Reduce expensive routing costs between telecommunications service providers.
  • Unleash the supply of mobile data by allowing DENT tokens to be exchanged for mobile data on the DENT Exchange.

Applications of DENT

  • Web-App version: allows buyers/sellers and telecommunications companies to track market prices, portfolios, order books,…
  • Mobile-App version: includes full features of Web-App with simple and user-friendly interface.

How DENT works

DENT is the first project to apply blockchain to the telecommunications industry, so it has integrated the following important components into the technology:

  • Instrument Repository: store information of data packages available at DENT Exchange for trading. Each data packet acts as a Smart Contract.
  • Pricing Data: store price data, transaction history on the market.
  • Portfolio Management: manage user’s portfolio.
  • Market Maker Algorithms: algorithm that provides the price of mobile data packages to users; manage market arbitrage and supply.
  • Order Management: manage orders arising on DENT Exchange.
  • Order Execution: execute a buy/sell order and put it in the portfolio.
  • DENT Exchange Parachain: the escrow operation between DENT and the Ethereum Blockchain allows faster and safer transactions.

Token DENT

DENT is the utility token of the DENT platform, which has the following uses:

  • Payment for mobile data transactions between buyers and sellers, between telecommunications companies in need.
  • Reward for who contribute to DENT’s ecosystem such as donating data, inviting friends,…

Specifications

  • Ticker: DENT
  • Blockchain: Ethereum
  • Token standard: ERC20
  • Total supply: 100,000,000,000 DENT
  • Circulating Supply: 99.010,000,000 DENT

DENT token Price today

How to buy DENT

DENT (DENT) has been listed on Attlas Exchange.

Traders can easily and securely buy DENT with lowest fees on Attlas Exchange.

Step 1: Download the app and register an account

Step 2: Select Market on the toolbar at the main screen

Step 3: Select Spot

Step 4: Find DENT

Step 5: Select Buy

Summary

This article is an overview of DENT (DENT), not a financial advice.

Users are advised to do their own research before making any trading decisions.

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