Details

What is DENT

Tokens

1. What is dent?

DENT Cryptocurrency Introduction

DENT is a platform token based on Ethereum blockchain technology and smart contract system, with the full name Dentcoin in English. It was issued on August 13, 2017, with a total supply of 100,000,000,000 DENT.

The DENT platform is mainly used for global blockchain of telecom assets such as mobile data or frequency. The network adopts a proof of stake consensus mechanism and implements telecom-specific concepts such as operator sponsorship and asset expiry. The global blockchain of DENT aims to help operators and companies achieve process automation, cost reduction, and accelerate innovation.

DENT Wireless Limited will be the first operator to use DENTNet, providing a market for mobile data liberalization, including eSIM cards, mobile data packages, talk time recharges, and no roaming services.

2. Who founded dent?

The founder of DENT cryptocurrency is Tero Katajainen, who founded DENT Wireless LTD company in 2014.

3. Which venture capitalists invested in dent?

According to the information provided, the following are venture capital institutions and individuals involved in investing in the cryptocurrency field:

  1. a16z: Led the Series A and Series B financing of OpenSea.
  2. Libertus Capital: Led the $7.5 million financing of Sky Mavis (the parent company behind Axie Infinity).
  3. Blocktower Capital: Participated in S
  4. Konvoy Ventures: Participated in Sky Mavis' $7.5 million financing.
  5. Collab Currency: Participated in Sky Mavis' $7.5 million financing, with specific investors including Derek Schloss and Stephen McKeon.
  6. Mark Cuban: Participated in Sky Mavis' $7.5 million financing and OpenSea's Series A financing.
  7. Cultural Leadership Fund: Participated in OpenSea's Series A financing.
  8. Ron Conway, Tim Ferriss, Belinda Johnson, Naval Ravikant, Ben Silberman: Acted as angel investors in OpenSea's Series A financing.

This information is primarily from articles and provides specific details about investments in the cryptocurrency field.

4. How does Dent operate?

Dent (DENT) is a cryptocurrency used primarily for global mobile data trading. Here is how it operates:

  1. Based on Ethereum blockchain: DENT is an ERC-20 token based on Ethereum blockchain technology, utilizing smart contracts.Ensure the security and transparency of transactions.

  2. Decentralized Marketplace: The Dent platform is a decentralized mobile data marketplace that allows users to buy, sell, and donate mobile data packages. This peer-to-peer ecosystem is supported by Ethereum smart contracts.

  3. Global Coverage: Dent provides services in over 140 countries with over 25 million users. It offers eSIM cards, mobile data plans, top-ups for call minutes, and seamless roaming-free experiences.

  4. Transaction Methods: Users can purchase mobile data using DENT coins through the Dent App and send it to anyone in the world without the recipient needing to install the Dent App.

  5. Multiple Payment Methods: In addition to using DENT coins, users can also pay with credit cards, PayPal, and other cryptocurrencies such as BTC, ETH, Litecoin, and Bitcoin Cash.

  6. Proof of Stake (PoS) Consensus Mechanism: Dent platform uses PoS consensus mechanism to promote energy efficiency and security.

  7. Limited Supply: The maximum supply limit of DENT is 100 billion coins, ensuring its scarcity and potential value.

In conclusion, Dent has created a global mobile data liberation marketplace utilizing blockchain technology and smart contracts, offering secure, transparent, and convenient mobile data transaction services.

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